Cresco Labs Financials
6CQ Stock | EUR 0.89 0.03 3.49% |
Cresco |
Understanding current and past Cresco Labs Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cresco Labs' financial statements are interrelated, with each one affecting the others. For example, an increase in Cresco Labs' assets may result in an increase in income on the income statement.
Please note, the presentation of Cresco Labs' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Cresco Labs' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Cresco Labs' management manipulating its earnings.
Instrument | Germany Stock View All |
Exchange | Berlin Exchange |
Benchmark | Dow Jones Industrial |
Currency | EUR - Euro |
Cresco Labs Systematic Risk
Cresco Labs' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cresco Labs volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Cresco Labs correlated with the market. If Beta is less than 0 Cresco Labs generally moves in the opposite direction as compared to the market. If Cresco Labs Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cresco Labs is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cresco Labs is generally in the same direction as the market. If Beta > 1 Cresco Labs moves generally in the same direction as, but more than the movement of the benchmark.
Cresco Labs December 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Cresco Labs help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cresco Labs. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cresco Labs based on widely used predictive technical indicators. In general, we focus on analyzing Cresco Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cresco Labs's daily price indicators and compare them against related drivers.
Information Ratio | (0.13) | |||
Maximum Drawdown | 27.36 | |||
Value At Risk | (4.17) | |||
Potential Upside | 4.9 |
Complementary Tools for Cresco Stock analysis
When running Cresco Labs' price analysis, check to measure Cresco Labs' 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 Cresco Labs is operating at the current time. Most of Cresco Labs' value examination focuses on studying past and present price action to predict the probability of Cresco Labs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cresco Labs' price. Additionally, you may evaluate how the addition of Cresco Labs to your portfolios can decrease your overall portfolio volatility.
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