Carebook Technologies Stock Performance
| CRBK Stock | CAD 0.1 0.01 5.00% |
Carebook Technologies holds a performance score of 6 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 2.48, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Carebook Technologies will likely underperform. Use Carebook Technologies jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to analyze future returns on Carebook Technologies.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Carebook Technologies are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unfluctuating fundamental drivers, Carebook Technologies showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Carebook Technologies Inc Quote - Press Release - The Globe and Mail | 11/08/2024 |
2 | Carebook Technologies Inc. Might Not Be As Mispriced As It Looks After Plunging 44 percent - Simply Wall St | 12/06/2024 |
| Begin Period Cash Flow | 740 K |
Carebook |
Carebook Technologies Relative Risk vs. Return Landscape
If you would invest 7.50 in Carebook Technologies on October 10, 2024 and sell it today you would earn a total of 2.00 from holding Carebook Technologies or generate 26.67% return on investment over 90 days. Carebook Technologies is generating 1.3848% of daily returns assuming 16.8608% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than Carebook on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Carebook Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Carebook Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Carebook Technologies, and traders can use it to determine the average amount a Carebook Technologies' 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 = 0.0821
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Estimated Market Risk
| 16.86 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.38 actual daily | 27 73% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Carebook Technologies 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 Carebook Technologies by adding it to a well-diversified portfolio.
Carebook Technologies Fundamentals Growth
Carebook Stock prices reflect investors' perceptions of the future prospects and financial health of Carebook Technologies, and Carebook Technologies 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 Carebook Stock performance.
| Return On Equity | -16.38 | ||||
| Return On Asset | -0.16 | ||||
| Profit Margin | (0.22) % | ||||
| Operating Margin | (0.12) % | ||||
| Current Valuation | 18.68 M | ||||
| Shares Outstanding | 102.75 M | ||||
| Price To Book | 1.14 X | ||||
| Price To Sales | 0.68 X | ||||
| Revenue | 12.26 M | ||||
| Gross Profit | 3.24 M | ||||
| EBITDA | (2.55 M) | ||||
| Net Income | (3.31 M) | ||||
| Cash And Equivalents | 1.24 M | ||||
| Cash Per Share | 0.03 X | ||||
| Total Debt | 1.84 M | ||||
| Debt To Equity | 1.36 % | ||||
| Book Value Per Share | (0.07) X | ||||
| Cash Flow From Operations | (806 K) | ||||
| Earnings Per Share | (0.03) X | ||||
| Total Asset | 7.68 M | ||||
| Retained Earnings | (67.65 M) | ||||
About Carebook Technologies Performance
Evaluating Carebook Technologies' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Carebook Technologies 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 Carebook Technologies 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.
Carebook Technologies Inc., digital health company, provides digital health and virtual care solutions for pharmacies, employers, and insurers. It also develops and commercializes mobile health management system for individuals, their families, pharmacies, insurers, employers, and clinics. CAREBOOK TECHNOLGIES is traded on Commodity Exchange in Exotistan.Things to note about Carebook Technologies performance evaluation
Checking the ongoing alerts about Carebook Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Carebook Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Carebook Technologies is way too risky over 90 days horizon | |
| Carebook Technologies has some characteristics of a very speculative penny stock | |
| Carebook Technologies appears to be risky and price may revert if volatility continues | |
| Carebook Technologies has high likelihood to experience some financial distress in the next 2 years | |
| Carebook Technologies has accumulated 1.84 M in total debt with debt to equity ratio (D/E) of 1.37, which is about average as compared to similar companies. Carebook Technologies has a current ratio of 0.19, 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 Carebook Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Carebook Technologies' 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 Carebook Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Carebook to invest in growth at high rates of return. When we think about Carebook Technologies' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 12.26 M. Net Loss for the year was (3.31 M) with profit before overhead, payroll, taxes, and interest of 3.24 M. | |
| Carebook Technologies has accumulated about 1.24 M in cash with (806 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Over 79.0% of Carebook Technologies shares are held by institutions such as insurance companies |
- Analyzing Carebook Technologies' 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 Carebook Technologies' stock is overvalued or undervalued compared to its peers.
- Examining Carebook Technologies' 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 Carebook Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Carebook Technologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Carebook Technologies' stock. These opinions can provide insight into Carebook Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Carebook Stock Analysis
When running Carebook Technologies' price analysis, check to measure Carebook Technologies' 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 Carebook Technologies is operating at the current time. Most of Carebook Technologies' value examination focuses on studying past and present price action to predict the probability of Carebook Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carebook Technologies' price. Additionally, you may evaluate how the addition of Carebook Technologies to your portfolios can decrease your overall portfolio volatility.