Cannabotech (Israel) Performance
| CNTC Stock | 149.30 1.40 0.93% |
The firm shows a Beta (market volatility) of -2.91, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Cannabotech are expected to decrease by larger amounts. On the other hand, during market turmoil, Cannabotech is expected to outperform it. At this point, Cannabotech has a negative expected return of -0.93%. Please make sure to confirm Cannabotech's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Cannabotech performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Cannabotech has generated negative risk-adjusted returns adding no value to investors with long positions. Despite uncertain performance in the last few months, the Stock's basic indicators remain somewhat strong which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
Cannabotech |
Cannabotech Relative Risk vs. Return Landscape
If you would invest 24,500 in Cannabotech on September 17, 2024 and sell it today you would lose (9,570) from holding Cannabotech or give up 39.06% of portfolio value over 90 days. Cannabotech is generating negative expected returns and assumes 5.3294% volatility on return distribution over the 90 days horizon. Simply put, 47% of stocks are less volatile than Cannabotech, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Cannabotech Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cannabotech's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Cannabotech, and traders can use it to determine the average amount a Cannabotech's 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 = -0.1747
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| Negative Returns | CNTC |
Estimated Market Risk
| 5.33 actual daily | 47 53% of assets are more volatile |
Expected Return
| -0.93 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cannabotech 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 Cannabotech by adding Cannabotech to a well-diversified portfolio.
Cannabotech Fundamentals Growth
Cannabotech Stock prices reflect investors' perceptions of the future prospects and financial health of Cannabotech, and Cannabotech 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 Cannabotech Stock performance.
| Shares Outstanding | 2.19 M | |||
About Cannabotech Performance
By analyzing Cannabotech's fundamental ratios, stakeholders can gain valuable insights into Cannabotech's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Cannabotech 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 Cannabotech has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Cannabotech performance evaluation
Checking the ongoing alerts about Cannabotech for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Cannabotech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cannabotech generated a negative expected return over the last 90 days | |
| Cannabotech has high historical volatility and very poor performance | |
| About 46.0% of the company shares are held by company insiders |
- Analyzing Cannabotech's 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 Cannabotech's stock is overvalued or undervalued compared to its peers.
- Examining Cannabotech's 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 Cannabotech's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cannabotech's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cannabotech's stock. These opinions can provide insight into Cannabotech's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Cannabotech Stock analysis
When running Cannabotech's price analysis, check to measure Cannabotech's 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 Cannabotech is operating at the current time. Most of Cannabotech's value examination focuses on studying past and present price action to predict the probability of Cannabotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cannabotech's price. Additionally, you may evaluate how the addition of Cannabotech to your portfolios can decrease your overall portfolio volatility.
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