Trackx Holdings Stock Performance
| TKXHF Stock | USD 0 0.00 0.00% |
The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and TrackX Holdings are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days TrackX Holdings has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable technical indicators, TrackX Holdings is not utilizing all of its potentials. The recent stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 17.8 K | |
| Total Cashflows From Investing Activities | -214.3 K |
TrackX |
TrackX Holdings Relative Risk vs. Return Landscape
If you would invest 0.12 in TrackX Holdings on September 12, 2024 and sell it today you would earn a total of 0.00 from holding TrackX Holdings or generate 0.0% return on investment over 90 days. TrackX Holdings is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than TrackX, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
TrackX Holdings Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TrackX Holdings' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as TrackX Holdings, and traders can use it to determine the average amount a TrackX Holdings' 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 = 0.0
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Based on monthly moving average TrackX Holdings is not performing at its full potential. However, 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 TrackX Holdings by adding TrackX Holdings to a well-diversified portfolio.
TrackX Holdings Fundamentals Growth
TrackX Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of TrackX Holdings, and TrackX Holdings 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 TrackX Pink Sheet performance.
| Return On Asset | -0.0061 | |||
| Profit Margin | (0.03) % | |||
| Operating Margin | (0.01) % | |||
| Current Valuation | 2.31 M | |||
| Shares Outstanding | 138.82 M | |||
| Price To Sales | 0.19 X | |||
| Revenue | 3.49 M | |||
| EBITDA | (56.13 K) | |||
| Cash And Equivalents | 25.34 K | |||
| Total Debt | 2.31 M | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | (1.18 M) | |||
| Total Asset | 1.64 M | |||
About TrackX Holdings Performance
By analyzing TrackX Holdings' fundamental ratios, stakeholders can gain valuable insights into TrackX Holdings' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if TrackX Holdings has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if TrackX Holdings has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
TrackX Holdings Inc., an enterprise asset management company, deploys Software-as-a-Solutions for use in the tracking and management of physical assets primarily in the United States. It serves customers in industries, such as beverage, brewery, transportation, automotive, hi-tech, hospitality, mining, agriculture, horticulture, and manufacturing, as well as government. Trackx Holdings operates under SoftwareApplication classification in the United States and is traded on OTC Exchange.Things to note about TrackX Holdings performance evaluation
Checking the ongoing alerts about TrackX Holdings for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for TrackX Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| TrackX Holdings generated a negative expected return over the last 90 days | |
| TrackX Holdings has some characteristics of a very speculative penny stock | |
| TrackX Holdings has high likelihood to experience some financial distress in the next 2 years | |
| TrackX Holdings has accumulated 2.31 M in total debt. TrackX Holdings has a current ratio of 0.34, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist TrackX Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, TrackX Holdings' 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 TrackX Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TrackX to invest in growth at high rates of return. When we think about TrackX Holdings' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 3.49 M. Net Loss for the year was (758.72 K) with profit before overhead, payroll, taxes, and interest of 1.77 M. | |
| TrackX Holdings has accumulated about 25.34 K in cash with (1.18 M) of positive cash flow from operations. |
- Analyzing TrackX Holdings' 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 TrackX Holdings' stock is overvalued or undervalued compared to its peers.
- Examining TrackX Holdings' 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 TrackX Holdings' management team can have a significant impact on its success or failure. Reviewing the track record and experience of TrackX Holdings' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of TrackX Holdings' pink sheet. These opinions can provide insight into TrackX Holdings' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for TrackX Pink Sheet analysis
When running TrackX Holdings' price analysis, check to measure TrackX Holdings' 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 TrackX Holdings is operating at the current time. Most of TrackX Holdings' value examination focuses on studying past and present price action to predict the probability of TrackX Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TrackX Holdings' price. Additionally, you may evaluate how the addition of TrackX Holdings to your portfolios can decrease your overall portfolio volatility.
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