BYND Cannasoft Enterprises Performance

The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and BYND Cannasoft are completely uncorrelated.

Risk-Adjusted Performance

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Over the last 90 days BYND Cannasoft Enterprises has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, BYND Cannasoft is not utilizing all of its potentials. The newest stock price disarray, may contribute to short-term losses for the investors. ...more
Begin Period Cash Flow2.4 M
  

BYND Cannasoft Relative Risk vs. Return Landscape

If you would invest (100.00) in BYND Cannasoft Enterprises on December 17, 2024 and sell it today you would earn a total of  100.00  from holding BYND Cannasoft Enterprises or generate -100.0% return on investment over 90 days. BYND Cannasoft Enterprises is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than BYND, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
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BYND Cannasoft Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for BYND Cannasoft's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as BYND Cannasoft Enterprises, and traders can use it to determine the average amount a BYND Cannasoft'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 = 0.0

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Based on monthly moving average BYND Cannasoft 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 BYND Cannasoft by adding BYND Cannasoft to a well-diversified portfolio.

BYND Cannasoft Fundamentals Growth

BYND Stock prices reflect investors' perceptions of the future prospects and financial health of BYND Cannasoft, and BYND Cannasoft 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 BYND Stock performance.

Things to note about BYND Cannasoft Enter performance evaluation

Checking the ongoing alerts about BYND Cannasoft for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for BYND Cannasoft Enter help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
BYND Cannasoft Enter is now traded under the symbol FMTO. Please update your portfolios or report it if you believe this is an error. Report It!
BYND Cannasoft Enter is not yet fully synchronised with the market data
BYND Cannasoft Enter has some characteristics of a very speculative penny stock
BYND Cannasoft Enter has a very high chance of going through financial distress in the upcoming years
The company reported the previous year's revenue of 1.08 M. Net Loss for the year was (18.5 M) with profit before overhead, payroll, taxes, and interest of 192.63 K.
BYND Cannasoft Enterprises currently holds about 4.03 M in cash with (3.47 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14.
Roughly 30.0% of the company shares are held by company insiders
Evaluating BYND Cannasoft's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate BYND Cannasoft's stock performance include:
  • Analyzing BYND Cannasoft'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 BYND Cannasoft's stock is overvalued or undervalued compared to its peers.
  • Examining BYND Cannasoft'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 BYND Cannasoft's management team can have a significant impact on its success or failure. Reviewing the track record and experience of BYND Cannasoft's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of BYND Cannasoft's stock. These opinions can provide insight into BYND Cannasoft's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating BYND Cannasoft's stock performance is not an exact science, and many factors can impact BYND Cannasoft's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Other Consideration for investing in BYND Stock

If you are still planning to invest in BYND Cannasoft Enter check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the BYND Cannasoft's history and understand the potential risks before investing.
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