Snipp Interactive Stock Performance
| SPN Stock | CAD 0.11 0.01 8.33% |
Snipp Interactive holds a performance score of 11 on a scale of zero to a hundred. The entity has a beta of -0.63, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Snipp Interactive are expected to decrease at a much lower rate. During the bear market, Snipp Interactive is likely to outperform the market. Use Snipp Interactive sortino ratio, skewness, period momentum indicator, as well as the relationship between the potential upside and rate of daily change , to analyze future returns on Snipp Interactive.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Snipp Interactive are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Snipp Interactive showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Optimistic Investors Push Snipp Interactive Inc. Shares Up 31 percent But Growth Is Lacking - Simply Wall St | 11/06/2024 |
| Begin Period Cash Flow | 5.6 M |
Snipp |
Snipp Interactive Relative Risk vs. Return Landscape
If you would invest 6.50 in Snipp Interactive on September 5, 2024 and sell it today you would earn a total of 5.50 from holding Snipp Interactive or generate 84.62% return on investment over 90 days. Snipp Interactive is currently producing 1.3546% returns and takes up 9.3437% volatility of returns over 90 trading days. Put another way, 83% of traded stocks are less volatile than Snipp, and 73% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Snipp Interactive Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Snipp Interactive's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Snipp Interactive, and traders can use it to determine the average amount a Snipp Interactive'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 = 0.145
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Estimated Market Risk
| 9.34 actual daily | 83 83% of assets are less volatile |
Expected Return
| 1.35 actual daily | 26 74% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Snipp Interactive 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 Snipp Interactive by adding it to a well-diversified portfolio.
Snipp Interactive Fundamentals Growth
Snipp Stock prices reflect investors' perceptions of the future prospects and financial health of Snipp Interactive, and Snipp Interactive 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 Snipp Stock performance.
| Return On Equity | -0.34 | ||||
| Return On Asset | -0.0921 | ||||
| Profit Margin | (0.08) % | ||||
| Operating Margin | (0.11) % | ||||
| Current Valuation | 19.4 M | ||||
| Shares Outstanding | 286.11 M | ||||
| Price To Earning | (1.40) X | ||||
| Price To Book | 3.80 X | ||||
| Price To Sales | 1.27 X | ||||
| Revenue | 30.55 M | ||||
| Gross Profit | 1.17 M | ||||
| EBITDA | (2.15 M) | ||||
| Net Income | (3.38 M) | ||||
| Cash And Equivalents | 1.94 M | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 526.53 K | ||||
| Debt To Equity | 10.60 % | ||||
| Current Ratio | 1.26 X | ||||
| Book Value Per Share | 0.02 X | ||||
| Cash Flow From Operations | (1.4 M) | ||||
| Earnings Per Share | (0.01) X | ||||
| Market Capitalization | 32.9 M | ||||
| Total Asset | 13.43 M | ||||
| Retained Earnings | (36.92 M) | ||||
| Working Capital | (33.1 K) | ||||
About Snipp Interactive Performance
Evaluating Snipp Interactive's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Snipp Interactive 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 Snipp Interactive 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.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 4.50 | 6.03 | |
| Return On Tangible Assets | (0.48) | (0.50) | |
| Return On Capital Employed | (0.33) | (0.31) | |
| Return On Assets | (0.25) | (0.26) | |
| Return On Equity | (0.53) | (0.50) |
Things to note about Snipp Interactive performance evaluation
Checking the ongoing alerts about Snipp Interactive for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Snipp Interactive help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Snipp Interactive is way too risky over 90 days horizon | |
| Snipp Interactive has some characteristics of a very speculative penny stock | |
| Snipp Interactive appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 30.55 M. Net Loss for the year was (3.38 M) with profit before overhead, payroll, taxes, and interest of 1.17 M. | |
| Snipp Interactive has accumulated about 1.94 M in cash with (1.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 31.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Optimistic Investors Push Snipp Interactive Inc. Shares Up 31 percent But Growth Is Lacking - Simply Wall St |
- Analyzing Snipp Interactive'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 Snipp Interactive's stock is overvalued or undervalued compared to its peers.
- Examining Snipp Interactive'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 Snipp Interactive's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Snipp Interactive's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Snipp Interactive's stock. These opinions can provide insight into Snipp Interactive's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Snipp Stock Analysis
When running Snipp Interactive's price analysis, check to measure Snipp Interactive'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 Snipp Interactive is operating at the current time. Most of Snipp Interactive's value examination focuses on studying past and present price action to predict the probability of Snipp Interactive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Snipp Interactive's price. Additionally, you may evaluate how the addition of Snipp Interactive to your portfolios can decrease your overall portfolio volatility.