Cleango Innovations Stock Buy Hold or Sell Recommendation
| CLGOF Stock | USD 0.32 0.00 0.00% |
Assuming the 90 days horizon and your way above-average risk tolerance, our recommendation regarding CleanGo Innovations is 'Strong Sell'. Macroaxis provides CleanGo Innovations buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CLGOF positions.
Check out CleanGo Innovations Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as CleanGo and provide practical buy, sell, or hold advice based on investors' constraints. CleanGo Innovations. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in persons.
CleanGo |
Execute CleanGo Innovations Buy or Sell Advice
The CleanGo recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on CleanGo Innovations. Macroaxis does not own or have any residual interests in CleanGo Innovations or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute CleanGo Innovations' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Abnormally volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
CleanGo Innovations Trading Alerts and Improvement Suggestions
| CleanGo Innovations has some characteristics of a very speculative penny stock | |
| CleanGo Innovations has accumulated 43.12 K in total debt. CleanGo Innovations has a current ratio of 0.73, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist CleanGo Innovations until it has trouble settling it off, either with new capital or with free cash flow. So, CleanGo Innovations' 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 CleanGo Innovations sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CleanGo to invest in growth at high rates of return. When we think about CleanGo Innovations' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 146.76 K. Net Loss for the year was (6.95 M) with profit before overhead, payroll, taxes, and interest of 18.34 K. | |
| CleanGo Innovations has accumulated about 160.92 K in cash with (1.2 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 50.0% of the company shares are held by company insiders |
CleanGo Innovations Returns Distribution Density
The distribution of CleanGo Innovations' historical returns is an attempt to chart the uncertainty of CleanGo Innovations' future price movements. The chart of the probability distribution of CleanGo Innovations daily returns describes the distribution of returns around its average expected value. We use CleanGo Innovations price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of CleanGo Innovations returns is essential to provide solid investment advice for CleanGo Innovations.
| Mean Return | 0.22 | Value At Risk | 0.00 | Potential Upside | 0.00 | Standard Deviation | 1.76 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of CleanGo Innovations historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
CleanGo Innovations Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to CleanGo Innovations or Consumer Defensive sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that CleanGo Innovations' price will be affected by overall otc stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a CleanGo otc's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.21 | |
β | Beta against Dow Jones | -0.12 | |
σ | Overall volatility | 1.81 | |
Ir | Information ratio | 0.11 |
CleanGo Innovations Volatility Alert
CleanGo Innovations exhibits very low volatility with skewness of 8.12 and kurtosis of 66.0. CleanGo Innovations is a potential penny stock. Although CleanGo Innovations may be in fact a good instrument to invest, many penny otc stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in CleanGo Innovations. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on CleanGo instrument if you perfectly time your entry and exit. However, remember that penny otcs that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.CleanGo Innovations Fundamentals Vs Peers
Comparing CleanGo Innovations' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze CleanGo Innovations' direct or indirect competition across all of the common fundamentals between CleanGo Innovations and the related equities. This way, we can detect undervalued stocks with similar characteristics as CleanGo Innovations or determine the otc stocks which would be an excellent addition to an existing portfolio. Peer analysis of CleanGo Innovations' fundamental indicators could also be used in its relative valuation, which is a method of valuing CleanGo Innovations by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare CleanGo Innovations to competition |
| Fundamentals | CleanGo Innovations | Peer Average |
| Return On Asset | -0.59 | -0.14 |
| Profit Margin | 7.76 % | (1.27) % |
| Operating Margin | (8.86) % | (5.51) % |
| Current Valuation | 1.55 M | 16.62 B |
| Shares Outstanding | 12.53 M | 571.82 M |
| Shares Owned By Insiders | 49.76 % | 10.09 % |
| Price To Sales | 9.79 X | 11.42 X |
| Revenue | 146.76 K | 9.43 B |
| Gross Profit | 18.34 K | 27.38 B |
| EBITDA | (6.9 M) | 3.9 B |
| Net Income | (6.95 M) | 570.98 M |
| Cash And Equivalents | 160.92 K | 2.7 B |
| Cash Per Share | 0.01 X | 5.01 X |
| Total Debt | 43.12 K | 5.32 B |
| Current Ratio | 0.74 X | 2.16 X |
| Book Value Per Share | (0.04) X | 1.93 K |
| Cash Flow From Operations | (1.2 M) | 971.22 M |
| Earnings Per Share | 0.25 X | 3.12 X |
| Number Of Employees | 2 | 18.84 K |
| Market Capitalization | 1.68 M | 19.03 B |
| Total Asset | 1.12 M | 29.47 B |
| Z Score | 3.0 | 8.72 |
| Net Asset | 1.12 M |
CleanGo Innovations Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as CleanGo . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About CleanGo Innovations Buy or Sell Advice
When is the right time to buy or sell CleanGo Innovations? Buying financial instruments such as CleanGo OTC Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
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Other Information on Investing in CleanGo OTC Stock
CleanGo Innovations financial ratios help investors to determine whether CleanGo OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CleanGo with respect to the benefits of owning CleanGo Innovations security.