Bright Green Corp Performance
| BGXXDelisted Stock | USD 0.05 0.00 0.00% |
The firm shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bright Green's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bright Green is expected to be smaller as well. Bright Green Corp right now shows a risk of 0.0%. Please confirm Bright Green Corp coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and day median price , to decide if Bright Green Corp will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Bright Green Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong basic indicators, Bright Green is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 414.6 K |
Bright |
Bright Green Relative Risk vs. Return Landscape
If you would invest 5.30 in Bright Green Corp on September 29, 2024 and sell it today you would earn a total of 0.00 from holding Bright Green Corp or generate 0.0% return on investment over 90 days. Bright Green Corp 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 Bright, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Bright Green Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bright Green's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Bright Green Corp, and traders can use it to determine the average amount a Bright Green'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 Bright Green 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 Bright Green by adding Bright Green to a well-diversified portfolio.
Bright Green Fundamentals Growth
Bright Stock prices reflect investors' perceptions of the future prospects and financial health of Bright Green, and Bright Green 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 Bright Stock performance.
| Return On Equity | -0.86 | ||||
| Return On Asset | -0.2 | ||||
| Current Valuation | 10.55 M | ||||
| Shares Outstanding | 191.17 M | ||||
| Price To Book | 1.03 X | ||||
| Revenue | 401.49 K | ||||
| EBITDA | (10.79 M) | ||||
| Cash And Equivalents | 178.97 K | ||||
| Total Debt | 1.85 M | ||||
| Debt To Equity | 0.40 % | ||||
| Book Value Per Share | 0.05 X | ||||
| Cash Flow From Operations | (2.46 M) | ||||
| Earnings Per Share | (0.05) X | ||||
| Total Asset | 17.4 M | ||||
| Retained Earnings | (47.2 M) | ||||
About Bright Green Performance
Evaluating Bright Green's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Bright Green 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 Bright Green 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.
Bright Green Corporation focuses on the propagation, cultivation, and manufacturing of cannabis products. It intends to offer cannabis products, including cannabis flower, pre-rolls, concentrates, vape pens, capsules, tinctures, edibles, topicals, and other cannabis-related products The company was incorporated in 2019 and is based in Grants, New Mexico. Bright Green is traded on NASDAQ Exchange in the United States.Things to note about Bright Green Corp performance evaluation
Checking the ongoing alerts about Bright Green for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Bright Green Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Bright Green Corp is not yet fully synchronised with the market data | |
| Bright Green Corp has some characteristics of a very speculative penny stock | |
| Bright Green Corp has a very high chance of going through financial distress in the upcoming years | |
| Bright Green Corp currently holds 1.85 M in liabilities with Debt to Equity (D/E) ratio of 0.4, which is about average as compared to similar companies. Bright Green Corp has a current ratio of 0.15, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Bright Green's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 401.49 K. Net Loss for the year was (13.13 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Bright Green Corp currently holds about 178.97 K in cash with (2.46 M) of positive cash flow from operations. | |
| Roughly 62.0% of Bright Green shares are held by company insiders |
- Analyzing Bright Green'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 Bright Green's stock is overvalued or undervalued compared to its peers.
- Examining Bright Green'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 Bright Green's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Bright Green's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Bright Green's stock. These opinions can provide insight into Bright Green's potential for growth and whether the stock is currently undervalued or overvalued.
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 interest. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Other Consideration for investing in Bright Stock
If you are still planning to invest in Bright Green Corp 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 Bright Green's history and understand the potential risks before investing.
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