Target Group Stock Performance
| CBDY Stock | USD 0 0.0002 10.53% |
On a scale of 0 to 100, Target holds a performance score of 5. The entity has a beta of 1.07, which indicates a somewhat significant risk relative to the market. Target returns are very sensitive to returns on the market. As the market goes up or down, Target is expected to follow. Please check Target's maximum drawdown, as well as the relationship between the expected short fall and day median price , to make a quick decision on whether Target's existing price patterns will revert.
Risk-Adjusted Performance
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Target Group are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of fairly fragile fundamental indicators, Target showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 181.6 K | |
| Total Cashflows From Investing Activities | -1.4 M |
Target |
Target Relative Risk vs. Return Landscape
If you would invest 0.20 in Target Group on September 15, 2024 and sell it today you would earn a total of 0.01 from holding Target Group or generate 5.0% return on investment over 90 days. Target Group is currently generating 0.9673% in daily expected returns and assumes 14.1601% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Target, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Target Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Target's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Target Group, and traders can use it to determine the average amount a Target'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 = 0.0683
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Estimated Market Risk
| 14.16 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.97 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Target is performing at about 5% 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 Target by adding it to a well-diversified portfolio.
Target Fundamentals Growth
Target Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Target, and Target 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 Target Pink Sheet performance.
| Return On Equity | -23.05 | |||
| Return On Asset | -0.0596 | |||
| Current Valuation | 4.2 M | |||
| Shares Outstanding | 617.03 M | |||
| Price To Book | 7.83 X | |||
| Price To Sales | 340.13 X | |||
| EBITDA | 2.23 M | |||
| Cash And Equivalents | 114.21 K | |||
| Total Debt | 1.72 M | |||
| Debt To Equity | 1.82 % | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | 100.12 K | |||
| Total Asset | 13.06 M | |||
About Target Performance
Evaluating Target's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Target 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 Target has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Target Group Inc. cultivates, processes, and distributes curated cannabis products for the adult-use medical and recreational cannabis market in Canada. The company was incorporated in 2013 and is based in Hamilton, Canada. Target is traded on OTC Exchange in the United States.Things to note about Target Group performance evaluation
Checking the ongoing alerts about Target for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Target Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Target Group is way too risky over 90 days horizon | |
| Target Group has some characteristics of a very speculative penny stock | |
| Target Group appears to be risky and price may revert if volatility continues | |
| Target Group has high likelihood to experience some financial distress in the next 2 years | |
| Target Group currently holds 1.72 M in liabilities with Debt to Equity (D/E) ratio of 1.82, which is about average as compared to similar companies. Target Group has a current ratio of 0.17, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Target until it has trouble settling it off, either with new capital or with free cash flow. So, Target'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 Target Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Target to invest in growth at high rates of return. When we think about Target's use of debt, we should always consider it together with cash and equity. |
- Analyzing Target'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 Target's stock is overvalued or undervalued compared to its peers.
- Examining Target'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 Target's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Target's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Target's pink sheet. These opinions can provide insight into Target's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Target Pink Sheet Analysis
When running Target's price analysis, check to measure Target'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 Target is operating at the current time. Most of Target's value examination focuses on studying past and present price action to predict the probability of Target's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Target's price. Additionally, you may evaluate how the addition of Target to your portfolios can decrease your overall portfolio volatility.