World Technology Corp Stock Performance
| HLOC Stock | USD 0.30 0.00 0.00% |
On a scale of 0 to 100, World Technology holds a performance score of 3. The firm maintains a market beta of 0.074, which attests to not very significant fluctuations relative to the market. As returns on the market increase, World Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding World Technology is expected to be smaller as well. Please check World Technology's treynor ratio and the relationship between the potential upside and rate of daily change , to make a quick decision on whether World Technology's historical returns will revert.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in World Technology Corp are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of rather uncertain basic indicators, World Technology exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 881.2 K |
World |
World Technology Relative Risk vs. Return Landscape
If you would invest 30.00 in World Technology Corp on September 17, 2024 and sell it today you would earn a total of 0.00 from holding World Technology Corp or generate 0.0% return on investment over 90 days. World Technology Corp is currently generating 0.602% in daily expected returns and assumes 12.3078% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than World, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
World Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for World Technology's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as World Technology Corp, and traders can use it to determine the average amount a World Technology'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 = 0.0489
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | HLOC | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 12.31 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average World Technology is performing at about 3% 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 World Technology by adding it to a well-diversified portfolio.
World Technology Fundamentals Growth
World Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of World Technology, and World Technology 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 World Pink Sheet performance.
| Return On Equity | -4.11 | |||
| Return On Asset | 0.37 | |||
| Profit Margin | (0.09) % | |||
| Operating Margin | 0.13 % | |||
| Current Valuation | 104.06 M | |||
| Shares Outstanding | 86.71 M | |||
| Price To Sales | 13.77 X | |||
| Revenue | 5.03 M | |||
| EBITDA | (1.58 M) | |||
| Cash And Equivalents | 302.77 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 943.39 K | |||
| Book Value Per Share | (0.02) X | |||
| Cash Flow From Operations | (881.43 K) | |||
| Earnings Per Share | (0.02) X | |||
| Total Asset | 615.22 K | |||
About World Technology Performance
By analyzing World Technology's fundamental ratios, stakeholders can gain valuable insights into World Technology's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if World Technology 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 World Technology has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Helo Corp., a wellness technology company, provides wearable devices for use in the quantified-self wellness market. Helo Corp. was incorporated in 2010 and is headquartered in San Francisco, California. HELO CORP operates under Consumer Electronics classification in the United States and is traded on OTC Exchange. It employs 1 people.Things to note about World Technology Corp performance evaluation
Checking the ongoing alerts about World Technology for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for World Technology Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| World Technology is way too risky over 90 days horizon | |
| World Technology has some characteristics of a very speculative penny stock | |
| World Technology appears to be risky and price may revert if volatility continues | |
| World Technology Corp currently holds 943.39 K in liabilities. World Technology Corp has a current ratio of 0.38, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist World Technology until it has trouble settling it off, either with new capital or with free cash flow. So, World Technology'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 World Technology Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for World to invest in growth at high rates of return. When we think about World Technology's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 5.03 M. Net Loss for the year was (1.92 M) with profit before overhead, payroll, taxes, and interest of 2.27 M. | |
| World Technology Corp currently holds about 302.77 K in cash with (881.43 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
- Analyzing World Technology'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 World Technology's stock is overvalued or undervalued compared to its peers.
- Examining World Technology'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 World Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of World Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of World Technology's pink sheet. These opinions can provide insight into World Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for World Pink Sheet analysis
When running World Technology's price analysis, check to measure World Technology'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 World Technology is operating at the current time. Most of World Technology's value examination focuses on studying past and present price action to predict the probability of World Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move World Technology's price. Additionally, you may evaluate how the addition of World Technology to your portfolios can decrease your overall portfolio volatility.
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Stocks Directory Find actively traded stocks across global markets | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |