Veritas Farms Stock Performance
| VFRM Stock | USD 0.0005 0.00 0.00% |
Veritas Farms holds a performance score of 11 on a scale of zero to a hundred. The entity has a beta of 26.6, 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, Veritas Farms will likely underperform. Use Veritas Farms market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and rate of daily change , to analyze future returns on Veritas Farms.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Veritas Farms are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of very unsteady basic indicators, Veritas Farms displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 107.7 K | |
| Total Cashflows From Investing Activities | -80.3 K |
Veritas |
Veritas Farms Relative Risk vs. Return Landscape
If you would invest 0.10 in Veritas Farms on September 1, 2024 and sell it today you would lose (0.05) from holding Veritas Farms or give up 50.0% of portfolio value over 90 days. Veritas Farms is currently generating 24.1623% in daily expected returns and assumes 161.8576% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Veritas, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Veritas Farms Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Veritas Farms' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Veritas Farms, and traders can use it to determine the average amount a Veritas Farms' 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 = 0.1493
| Best Portfolio | Best Equity | VFRM | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 161.86 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
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Veritas Farms is performing at about 11% 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 Veritas Farms by adding it to a well-diversified portfolio.
Veritas Farms Fundamentals Growth
Veritas Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Veritas Farms, and Veritas Farms 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 Veritas Pink Sheet performance.
| Return On Equity | -1.34 | |||
| Return On Asset | -0.44 | |||
| Operating Margin | (3.47) % | |||
| Current Valuation | 4.7 M | |||
| Shares Outstanding | 41.63 M | |||
| Price To Book | 0.41 X | |||
| Price To Sales | 0.36 X | |||
| Revenue | 3.08 M | |||
| EBITDA | (6.42 M) | |||
| Cash And Equivalents | 164.38 K | |||
| Total Debt | 1.3 M | |||
| Debt To Equity | 1.10 % | |||
| Book Value Per Share | 0.04 X | |||
| Cash Flow From Operations | (4.76 M) | |||
| Earnings Per Share | (0.18) X | |||
| Total Asset | 8.6 M | |||
About Veritas Farms Performance
By examining Veritas Farms' fundamental ratios, stakeholders can obtain critical insights into Veritas Farms' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Veritas Farms is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Veritas Farms, Inc. focuses on producing, marketing, and distributing hemp oils and extracts containing phytocannabinoids. The company was formerly known as SanSal Wellness Holdings, Inc. and changed its name to Veritas Farms, Inc. in February 2019. Veritas Farms operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 44 people.Things to note about Veritas Farms performance evaluation
Checking the ongoing alerts about Veritas Farms for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Veritas Farms help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Veritas Farms is way too risky over 90 days horizon | |
| Veritas Farms has some characteristics of a very speculative penny stock | |
| Veritas Farms appears to be risky and price may revert if volatility continues | |
| Veritas Farms has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 3.08 M. Net Loss for the year was (7.07 M) with loss before overhead, payroll, taxes, and interest of (1.03 M). | |
| Veritas Farms currently holds about 164.38 K in cash with (4.76 M) of positive cash flow from operations. | |
| Roughly 31.0% of the company outstanding shares are owned by insiders |
- Analyzing Veritas Farms' 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 Veritas Farms' stock is overvalued or undervalued compared to its peers.
- Examining Veritas Farms' 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 Veritas Farms' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Veritas Farms' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Veritas Farms' pink sheet. These opinions can provide insight into Veritas Farms' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Veritas Pink Sheet
Veritas Farms financial ratios help investors to determine whether Veritas Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Veritas with respect to the benefits of owning Veritas Farms security.