Ehave Inc Stock Performance
| EHVVF Stock | USD 0 0.0001 3.33% |
Ehave holds a performance score of 11 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 3.5, which means 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, Ehave will likely underperform. Use Ehave coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to analyze future returns on Ehave.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Ehave Inc are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite nearly inconsistent basic indicators, Ehave reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1.9 M | |
| Total Cashflows From Investing Activities | -212.6 K | |
| Free Cash Flow | -2 M |
Ehave |
Ehave Relative Risk vs. Return Landscape
If you would invest 0.07 in Ehave Inc on December 17, 2024 and sell it today you would earn a total of 0.22 from holding Ehave Inc or generate 314.29% return on investment over 90 days. Ehave Inc is currently producing 12.578% returns and takes up 87.1324% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Ehave, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Ehave Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ehave's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Ehave Inc, and traders can use it to determine the average amount a Ehave'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 = 0.1444
| Best Portfolio | Best Equity | EHVVF | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 87.13 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Ehave is performing at about 11% 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 Ehave by adding it to a well-diversified portfolio.
Ehave Fundamentals Growth
Ehave Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Ehave, and Ehave 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 Ehave Pink Sheet performance.
| Return On Asset | -2.41 | |||
| Current Valuation | 217.98 K | |||
| Shares Outstanding | 279.53 M | |||
| Price To Book | 0.88 X | |||
| Price To Sales | 3.74 X | |||
| EBITDA | (6.5 M) | |||
| Cash And Equivalents | 2.38 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 130.15 K | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (1.96 M) | |||
| Earnings Per Share | (0.05) X | |||
| Total Asset | 2.51 M | |||
About Ehave Performance
By analyzing Ehave's fundamental ratios, stakeholders can gain valuable insights into Ehave's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Ehave 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 Ehave has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
EHAVE, Inc., a healthcare company, develops medical psychedelics and mental health data platform that integrates with its proprietary and third-party assessment and therapeutic digital applications in Canada. The company was incorporated in 2011 and is based in Miami, Florida. EHAVE INC operates under SoftwareApplication classification in the United States and is traded on OTC Exchange. It employs 1 people.Things to note about Ehave Inc performance evaluation
Checking the ongoing alerts about Ehave for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Ehave Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ehave Inc is way too risky over 90 days horizon | |
| Ehave Inc has some characteristics of a very speculative penny stock | |
| Ehave Inc appears to be risky and price may revert if volatility continues | |
| Ehave Inc has high likelihood to experience some financial distress in the next 2 years | |
| Ehave Inc has accumulated 130.15 K in total debt. Ehave Inc has a current ratio of 0.82, 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 Ehave until it has trouble settling it off, either with new capital or with free cash flow. So, Ehave'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 Ehave Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ehave to invest in growth at high rates of return. When we think about Ehave's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (6.59 M) with loss before overhead, payroll, taxes, and interest of (32.3 K). | |
| Ehave Inc has accumulated about 2.38 M in cash with (1.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 14.0% of the company shares are held by company insiders |
- Analyzing Ehave'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 Ehave's stock is overvalued or undervalued compared to its peers.
- Examining Ehave'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 Ehave's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ehave's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ehave's pink sheet. These opinions can provide insight into Ehave's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Ehave Pink Sheet analysis
When running Ehave's price analysis, check to measure Ehave'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 Ehave is operating at the current time. Most of Ehave's value examination focuses on studying past and present price action to predict the probability of Ehave's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ehave's price. Additionally, you may evaluate how the addition of Ehave to your portfolios can decrease your overall portfolio volatility.
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