Cytta Corp Stock Performance
| CYCA Stock | USD 0.02 0.01 20.00% |
The firm shows a Beta (market volatility) of 1.35, which signifies 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, Cytta Corp will likely underperform. At this point, Cytta Corp has a negative expected return of -0.26%. Please make sure to confirm Cytta Corp's sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to decide if Cytta Corp 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 Cytta Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite unfluctuating performance in the last few months, the Stock's fundamental 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
| Begin Period Cash Flow | 173.2 K |
Cytta |
Cytta Corp Relative Risk vs. Return Landscape
If you would invest 3.10 in Cytta Corp on September 17, 2024 and sell it today you would lose (1.10) from holding Cytta Corp or give up 35.48% of portfolio value over 90 days. Cytta Corp is currently does not generate positive expected returns and assumes 9.3566% risk (volatility on return distribution) over the 90 days horizon. In different words, 83% of otc stocks are less volatile than Cytta, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Cytta Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cytta Corp's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Cytta Corp, and traders can use it to determine the average amount a Cytta Corp'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 = -0.0274
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| Negative Returns | CYCA |
Estimated Market Risk
| 9.36 actual daily | 83 83% of assets are less volatile |
Expected Return
| -0.26 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cytta Corp 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 Cytta Corp by adding Cytta Corp to a well-diversified portfolio.
Cytta Corp Fundamentals Growth
Cytta OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Cytta Corp, and Cytta Corp 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 Cytta OTC Stock performance.
| Return On Equity | -7.68 | |||
| Return On Asset | -2.89 | |||
| Operating Margin | (829.72) % | |||
| Current Valuation | 34.94 M | |||
| Shares Outstanding | 383.69 M | |||
| Price To Earning | (0.29) X | |||
| Price To Book | 26.57 X | |||
| Price To Sales | 1,265 X | |||
| Revenue | 6.09 K | |||
| EBITDA | (5 M) | |||
| Cash And Equivalents | 1.57 M | |||
| Total Debt | 438.1 K | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | (2.38 M) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 911.01 K | |||
| Retained Earnings | (7.33 M) | |||
| Current Asset | 20 K | |||
| Current Liabilities | 460 K | |||
About Cytta Corp Performance
By analyzing Cytta Corp's fundamental ratios, stakeholders can gain valuable insights into Cytta Corp's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Cytta Corp 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 Cytta Corp has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Cytta Corp. develops, markets, and distributes various video streaming products and services. Cytta Corp. was incorporated in 2006 and is headquartered in Las Vegas, Nevada. Cytta Corp operates under Communication Equipment classification in the United States and is traded on OTC Exchange.Things to note about Cytta Corp performance evaluation
Checking the ongoing alerts about Cytta Corp for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Cytta Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cytta Corp generated a negative expected return over the last 90 days | |
| Cytta Corp has high historical volatility and very poor performance | |
| Cytta Corp has some characteristics of a very speculative penny stock | |
| Cytta Corp has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 6.09 K. Net Loss for the year was (5.1 M) with profit before overhead, payroll, taxes, and interest of 6.09 K. | |
| Cytta Corp currently holds about 1.57 M in cash with (2.38 M) of positive cash flow from operations. | |
| Roughly 29.0% of the company shares are held by company insiders |
- Analyzing Cytta Corp'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 Cytta Corp's stock is overvalued or undervalued compared to its peers.
- Examining Cytta Corp'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 Cytta Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cytta Corp's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Cytta Corp's otc stock. These opinions can provide insight into Cytta Corp's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Cytta OTC Stock analysis
When running Cytta Corp's price analysis, check to measure Cytta Corp'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 Cytta Corp is operating at the current time. Most of Cytta Corp's value examination focuses on studying past and present price action to predict the probability of Cytta Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cytta Corp's price. Additionally, you may evaluate how the addition of Cytta Corp to your portfolios can decrease your overall portfolio volatility.
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