Freight Technologies Stock Performance
| FRGT Stock | USD 1.40 0.04 2.94% |
The firm shows a Beta (market volatility) of 2.86, which means 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, Freight Technologies will likely underperform. At this point, Freight Technologies has a negative expected return of -1.53%. Please make sure to confirm Freight Technologies' treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Freight Technologies 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 Freight Technologies has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Stock's technical and fundamental indicators remain comparatively stable which may send shares a bit higher in December 2024. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
Last Split Factor 1:25 | Dividend Date 2020-10-29 | Last Split Date 2024-09-25 |
1 | TechMediaBreaks Freight Technologies Inc. Releases Mid-Year 2024 Financial Results | 09/06/2024 |
2 | With A 27 percent Price Drop For Freight Technologies, Inc. Youll Still Get What You Pay For | 09/12/2024 |
3 | Freight Technologies A Digital Transformation And AI Focused Business Without Profits - Seeking Alpha | 09/30/2024 |
4 | Freight Technologies Waavely Platform Sees Early Adoption Following Successful Launch | 11/11/2024 |
| Begin Period Cash Flow | 1 M | |
| Free Cash Flow | -6.2 M |
Freight |
Freight Technologies Relative Risk vs. Return Landscape
If you would invest 445.00 in Freight Technologies on September 1, 2024 and sell it today you would lose (305.00) from holding Freight Technologies or give up 68.54% of portfolio value over 90 days. Freight Technologies is currently does not generate positive expected returns and assumes 7.4784% risk (volatility on return distribution) over the 90 days horizon. In different words, 66% of stocks are less volatile than Freight, 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 |
Freight Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Freight Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Freight Technologies, and traders can use it to determine the average amount a Freight Technologies' 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 = -0.2047
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Estimated Market Risk
| 7.48 actual daily | 66 66% of assets are less volatile |
Expected Return
| -1.53 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Freight Technologies 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 Freight Technologies by adding Freight Technologies to a well-diversified portfolio.
Freight Technologies Fundamentals Growth
Freight Stock prices reflect investors' perceptions of the future prospects and financial health of Freight Technologies, and Freight Technologies 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 Freight Stock performance.
| Return On Equity | -3.24 | ||||
| Return On Asset | -0.49 | ||||
| Profit Margin | (0.55) % | ||||
| Operating Margin | (0.51) % | ||||
| Current Valuation | 4.25 M | ||||
| Shares Outstanding | 2.01 M | ||||
| Price To Book | 1.04 X | ||||
| Price To Sales | 0.16 X | ||||
| Revenue | 17.06 M | ||||
| Gross Profit | 2.26 M | ||||
| EBITDA | (8.01 M) | ||||
| Net Income | (9.33 M) | ||||
| Cash And Equivalents | 1.51 M | ||||
| Cash Per Share | 0.07 X | ||||
| Total Debt | 3.06 M | ||||
| Debt To Equity | 1.90 % | ||||
| Current Ratio | 1.15 X | ||||
| Book Value Per Share | 0.02 X | ||||
| Cash Flow From Operations | (5.79 M) | ||||
| Earnings Per Share | (1,948) X | ||||
| Market Capitalization | 2.73 M | ||||
| Total Asset | 10.68 M | ||||
| Retained Earnings | (39.32 M) | ||||
| Working Capital | 1.96 M | ||||
About Freight Technologies Performance
Assessing Freight Technologies' fundamental ratios provides investors with valuable insights into Freight Technologies' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Freight Technologies is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | -27.9 K | -26.5 K | |
| Return On Tangible Assets | (0.94) | (0.99) | |
| Return On Capital Employed | (2.88) | (2.74) | |
| Return On Assets | (0.87) | (0.92) | |
| Return On Equity | (3.55) | (3.37) |
Things to note about Freight Technologies performance evaluation
Checking the ongoing alerts about Freight Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Freight Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Freight Technologies generated a negative expected return over the last 90 days | |
| Freight Technologies has high historical volatility and very poor performance | |
| Freight Technologies may become a speculative penny stock | |
| Freight Technologies has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 17.06 M. Net Loss for the year was (9.33 M) with profit before overhead, payroll, taxes, and interest of 2.26 M. | |
| Freight Technologies currently holds about 1.51 M in cash with (5.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07. | |
| Freight Technologies has a poor financial position based on the latest SEC disclosures | |
| Latest headline from globenewswire.com: Freight Technologies Waavely Platform Sees Early Adoption Following Successful Launch |
- Analyzing Freight Technologies' 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 Freight Technologies' stock is overvalued or undervalued compared to its peers.
- Examining Freight Technologies' 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 Freight Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Freight Technologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Freight Technologies' stock. These opinions can provide insight into Freight Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Freight Stock Analysis
When running Freight Technologies' price analysis, check to measure Freight Technologies' 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 Freight Technologies is operating at the current time. Most of Freight Technologies' value examination focuses on studying past and present price action to predict the probability of Freight Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freight Technologies' price. Additionally, you may evaluate how the addition of Freight Technologies to your portfolios can decrease your overall portfolio volatility.