Slang Worldwide Stock Performance
| SLGWF Stock | USD 0 0 24.39% |
Slang Worldwide holds a performance score of 6 on a scale of zero to a hundred. The entity has a beta of -2.07, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Slang Worldwide are expected to decrease by larger amounts. On the other hand, during market turmoil, Slang Worldwide is expected to outperform it. Use Slang Worldwide jensen alpha and the relationship between the value at risk and day typical price , to analyze future returns on Slang Worldwide.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Slang Worldwide are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Slang Worldwide reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 6.6 M | |
| Total Cashflows From Investing Activities | -3.3 M |
Slang |
Slang Worldwide Relative Risk vs. Return Landscape
If you would invest 0.95 in Slang Worldwide on September 2, 2024 and sell it today you would lose (0.64) from holding Slang Worldwide or give up 67.37% of portfolio value over 90 days. Slang Worldwide is currently producing 2.7451% returns and takes up 34.2336% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Slang, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Slang Worldwide Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Slang Worldwide's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Slang Worldwide, and traders can use it to determine the average amount a Slang Worldwide'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 = 0.0802
| Best Portfolio | Best Equity | |||
| Good Returns | SLGWF | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 34.23 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.75 actual daily | 54 54% of assets have lower returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Slang Worldwide is performing at about 6% 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 Slang Worldwide by adding it to a well-diversified portfolio.
Slang Worldwide Fundamentals Growth
Slang OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Slang Worldwide, and Slang Worldwide 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 Slang OTC Stock performance.
| Return On Equity | -0.93 | |||
| Return On Asset | -0.0518 | |||
| Profit Margin | (1.46) % | |||
| Operating Margin | (0.22) % | |||
| Current Valuation | 11.14 M | |||
| Shares Outstanding | 88.89 M | |||
| Price To Book | 0.11 X | |||
| Price To Sales | 0.11 X | |||
| Revenue | 37.78 M | |||
| EBITDA | (46.04 M) | |||
| Cash And Equivalents | 11.86 M | |||
| Cash Per Share | 0.12 X | |||
| Total Debt | 8.55 M | |||
| Debt To Equity | 0.53 % | |||
| Book Value Per Share | 0.29 X | |||
| Cash Flow From Operations | (11.98 M) | |||
| Earnings Per Share | (0.45) X | |||
| Total Asset | 79.29 M | |||
About Slang Worldwide Performance
By analyzing Slang Worldwide's fundamental ratios, stakeholders can gain valuable insights into Slang Worldwide's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Slang Worldwide 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 Slang Worldwide has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
SLANG Worldwide Inc. operates as a cannabis consumer packaged goods company in Canada and the United States. SLANG Worldwide Inc. was incorporated in 2017 and is headquartered in Toronto, Canada. Slang Worldwide is traded on OTC Exchange in the United States.Things to note about Slang Worldwide performance evaluation
Checking the ongoing alerts about Slang Worldwide for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Slang Worldwide help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Slang Worldwide is way too risky over 90 days horizon | |
| Slang Worldwide has some characteristics of a very speculative penny stock | |
| Slang Worldwide appears to be risky and price may revert if volatility continues | |
| Slang Worldwide has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 37.78 M. Net Loss for the year was (56.09 M) with profit before overhead, payroll, taxes, and interest of 15.13 M. | |
| Slang Worldwide has accumulated about 11.86 M in cash with (11.98 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Slang Worldwide'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 Slang Worldwide's stock is overvalued or undervalued compared to its peers.
- Examining Slang Worldwide'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 Slang Worldwide's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Slang Worldwide's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Slang Worldwide's otc stock. These opinions can provide insight into Slang Worldwide's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Slang OTC Stock analysis
When running Slang Worldwide's price analysis, check to measure Slang Worldwide'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 Slang Worldwide is operating at the current time. Most of Slang Worldwide's value examination focuses on studying past and present price action to predict the probability of Slang Worldwide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Slang Worldwide's price. Additionally, you may evaluate how the addition of Slang Worldwide to your portfolios can decrease your overall portfolio volatility.
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