Pure Harvest Cannabis Stock Performance
| PHCG Stock | USD 0 0 100.00% |
Pure Harvest holds a performance score of 8 on a scale of zero to a hundred. The company holds a Beta of -8.14, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Pure Harvest are expected to decrease by larger amounts. On the other hand, during market turmoil, Pure Harvest is expected to outperform it. Use Pure Harvest skewness, as well as the relationship between the rate of daily change and price action indicator , to analyze future returns on Pure Harvest.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Pure Harvest Cannabis are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile fundamental indicators, Pure Harvest reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 856.8 K |
Pure |
Pure Harvest Relative Risk vs. Return Landscape
If you would invest 0.20 in Pure Harvest Cannabis on September 3, 2024 and sell it today you would earn a total of 0.00 from holding Pure Harvest Cannabis or generate 0.0% return on investment over 90 days. Pure Harvest Cannabis is currently generating 3.2332% in daily expected returns and assumes 28.3861% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Pure, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Pure Harvest Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pure Harvest's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Pure Harvest Cannabis, and traders can use it to determine the average amount a Pure Harvest'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 = 0.1139
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Estimated Market Risk
| 28.39 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.23 actual daily | 64 64% of assets have lower returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Pure Harvest is performing at about 8% 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 Pure Harvest by adding it to a well-diversified portfolio.
Pure Harvest Fundamentals Growth
Pure Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Pure Harvest, and Pure Harvest 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 Pure Pink Sheet performance.
| Return On Equity | -3.86 | |||
| Return On Asset | -0.17 | |||
| Profit Margin | (2.68) % | |||
| Operating Margin | (1.04) % | |||
| Current Valuation | 7.15 M | |||
| Shares Outstanding | 84.76 M | |||
| Price To Book | 1.59 X | |||
| Price To Sales | 0.60 X | |||
| Revenue | 2.54 M | |||
| EBITDA | (8.14 M) | |||
| Cash And Equivalents | 409.36 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 1.17 M | |||
| Debt To Equity | 3.36 % | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (4.66 M) | |||
| Earnings Per Share | (0.09) X | |||
| Total Asset | 8.71 M | |||
About Pure Harvest Performance
By analyzing Pure Harvest's fundamental ratios, stakeholders can gain valuable insights into Pure Harvest's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Pure Harvest 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 Pure Harvest has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Pure Harvest Corporate Group, Inc. focuses on the acquisition and operation of licensed medical and recreational marijuana dispensaries, cultivation facilities, and production facilities. Pure Harvest Corporate Group, Inc. was founded in 2004 and is based in Greenwood Village, Colorado. Pure Harvest operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 25 people.Things to note about Pure Harvest Cannabis performance evaluation
Checking the ongoing alerts about Pure Harvest for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Pure Harvest Cannabis help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Pure Harvest is way too risky over 90 days horizon | |
| Pure Harvest has some characteristics of a very speculative penny stock | |
| Pure Harvest appears to be risky and price may revert if volatility continues | |
| Pure Harvest has high likelihood to experience some financial distress in the next 2 years | |
| Pure Harvest Cannabis currently holds 1.17 M in liabilities with Debt to Equity (D/E) ratio of 3.36, implying the company greatly relies on financing operations through barrowing. Pure Harvest Cannabis has a current ratio of 0.77, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Pure Harvest until it has trouble settling it off, either with new capital or with free cash flow. So, Pure Harvest's 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 Pure Harvest Cannabis sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pure to invest in growth at high rates of return. When we think about Pure Harvest's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 2.54 M. Net Loss for the year was (13.99 M) with profit before overhead, payroll, taxes, and interest of 410.5 K. | |
| Pure Harvest Cannabis currently holds about 409.36 K in cash with (4.66 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Pure Harvest'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 Pure Harvest's stock is overvalued or undervalued compared to its peers.
- Examining Pure Harvest'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 Pure Harvest's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Pure Harvest's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Pure Harvest's pink sheet. These opinions can provide insight into Pure Harvest's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Pure Pink Sheet analysis
When running Pure Harvest's price analysis, check to measure Pure Harvest'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 Pure Harvest is operating at the current time. Most of Pure Harvest's value examination focuses on studying past and present price action to predict the probability of Pure Harvest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pure Harvest's price. Additionally, you may evaluate how the addition of Pure Harvest to your portfolios can decrease your overall portfolio volatility.
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