Trutankless Stock Performance
| TKLS Stock | USD 0.30 0.00 0.00% |
Trutankless holds a performance score of 10 on a scale of zero to a hundred. The entity has a beta of 1.95, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Trutankless will likely underperform. Use Trutankless market risk adjusted performance, jensen alpha, as well as the relationship between the Jensen Alpha and rate of daily change , to analyze future returns on Trutankless.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Trutankless are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak essential indicators, Trutankless unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 151.6 K | |
| Total Cashflows From Investing Activities | -25.3 K |
Trutankless |
Trutankless Relative Risk vs. Return Landscape
If you would invest 36.00 in Trutankless on September 12, 2024 and sell it today you would lose (6.00) from holding Trutankless or give up 16.67% of portfolio value over 90 days. Trutankless is currently generating 7.0008% in daily expected returns and assumes 50.4809% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Trutankless, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Trutankless Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trutankless' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Trutankless, and traders can use it to determine the average amount a Trutankless' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1387
| Best Portfolio | Best Equity | TKLS | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 50.48 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Trutankless is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Trutankless by adding it to a well-diversified portfolio.
Trutankless Fundamentals Growth
Trutankless Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Trutankless, and Trutankless fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Trutankless Pink Sheet performance.
| Return On Asset | -7.03 | |||
| Operating Margin | (46.34) % | |||
| Current Valuation | 2.44 M | |||
| Shares Outstanding | 20.37 M | |||
| Price To Sales | 0.02 X | |||
| Revenue | 246.03 K | |||
| EBITDA | (12.35 M) | |||
| Cash And Equivalents | 168.32 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 311.5 K | |||
| Book Value Per Share | (0.19) X | |||
| Cash Flow From Operations | (2.43 M) | |||
| Earnings Per Share | (0.78) X | |||
| Total Asset | 228.75 K | |||
About Trutankless Performance
Assessing Trutankless' fundamental ratios provides investors with valuable insights into Trutankless' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Trutankless is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Trutankless, Inc., through its subsidiary, Bollente, Inc., researches and develops, manufactures, and distributes electric tankless water heaters in the United States. Trutankless, Inc. incorporated in 2008 and is headquartered in Scottsdale, Arizona. Trutankless operates under Consumer Electronics classification in the United States and is traded on OTC Exchange. It employs 6 people.Things to note about Trutankless performance evaluation
Checking the ongoing alerts about Trutankless for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Trutankless help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Trutankless is way too risky over 90 days horizon | |
| Trutankless has some characteristics of a very speculative penny stock | |
| Trutankless appears to be risky and price may revert if volatility continues | |
| Trutankless has high likelihood to experience some financial distress in the next 2 years | |
| Trutankless currently holds 311.5 K in liabilities. Trutankless has a current ratio of 0.12, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Trutankless until it has trouble settling it off, either with new capital or with free cash flow. So, Trutankless' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Trutankless sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Trutankless to invest in growth at high rates of return. When we think about Trutankless' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 246.03 K. Net Loss for the year was (17.38 M) with profit before overhead, payroll, taxes, and interest of 118.36 K. | |
| Trutankless currently holds about 168.32 K in cash with (2.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 30.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Trutankless' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Trutankless' stock is overvalued or undervalued compared to its peers.
- Examining Trutankless' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Trutankless' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Trutankless' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Trutankless' pink sheet. These opinions can provide insight into Trutankless' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Trutankless Pink Sheet Analysis
When running Trutankless' price analysis, check to measure Trutankless' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trutankless is operating at the current time. Most of Trutankless' value examination focuses on studying past and present price action to predict the probability of Trutankless' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trutankless' price. Additionally, you may evaluate how the addition of Trutankless to your portfolios can decrease your overall portfolio volatility.