Carerx Stock Performance
| CHHHF Stock | USD 1.40 0.00 0.00% |
The firm shows a Beta (market volatility) of -1.31, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning CareRx are expected to decrease by larger amounts. On the other hand, during market turmoil, CareRx is expected to outperform it. At this point, CareRx has a negative expected return of -0.16%. Please make sure to confirm CareRx's potential upside, as well as the relationship between the rate of daily change and relative strength index , to decide if CareRx performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days CareRx has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Stock's technical indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more
| Begin Period Cash Flow | 19.6 M | |
| Total Cashflows From Investing Activities | -93.2 M |
CareRx |
CareRx Relative Risk vs. Return Landscape
If you would invest 159.00 in CareRx on October 6, 2024 and sell it today you would lose (19.00) from holding CareRx or give up 11.95% of portfolio value over 90 days. CareRx is currently producing negative expected returns and takes up 2.5995% volatility of returns over 90 trading days. Put another way, 23% of traded pink sheets are less volatile than CareRx, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
CareRx Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CareRx's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as CareRx, and traders can use it to determine the average amount a CareRx'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 = -0.0631
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| Negative Returns | CHHHF |
Estimated Market Risk
| 2.6 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CareRx 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 CareRx by adding CareRx to a well-diversified portfolio.
CareRx Fundamentals Growth
CareRx Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of CareRx, and CareRx 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 CareRx Pink Sheet performance.
| Return On Equity | -0.49 | |||
| Return On Asset | 0.0204 | |||
| Profit Margin | (0.09) % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 170.84 M | |||
| Shares Outstanding | 51.96 M | |||
| Price To Earning | 13.57 X | |||
| Price To Book | 1.78 X | |||
| Price To Sales | 0.22 X | |||
| Revenue | 262.63 M | |||
| EBITDA | 6.15 M | |||
| Cash And Equivalents | 15.2 M | |||
| Cash Per Share | 0.32 X | |||
| Total Debt | 106.11 M | |||
| Debt To Equity | 2.35 % | |||
| Book Value Per Share | 1.24 X | |||
| Cash Flow From Operations | 7.27 M | |||
| Earnings Per Share | (0.38) X | |||
| Total Asset | 282.82 M | |||
About CareRx Performance
By analyzing CareRx's fundamental ratios, stakeholders can gain valuable insights into CareRx's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if CareRx 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 CareRx has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
CareRx Corporation, together with its subsidiaries, provides specialty pharmacy services to seniors in Canada. CareRx Corporation was incorporated in 2001 and is headquartered in Toronto, Canada. Carerx Corp operates under Medical Care Facilities classification in the United States and is traded on OTC Exchange. It employs 1378 people.Things to note about CareRx performance evaluation
Checking the ongoing alerts about CareRx for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for CareRx help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| CareRx generated a negative expected return over the last 90 days | |
| CareRx may become a speculative penny stock | |
| CareRx has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 262.63 M. Net Loss for the year was (22.73 M) with profit before overhead, payroll, taxes, and interest of 75.28 M. | |
| About 30.0% of the company shares are held by company insiders |
- Analyzing CareRx'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 CareRx's stock is overvalued or undervalued compared to its peers.
- Examining CareRx'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 CareRx's management team can have a significant impact on its success or failure. Reviewing the track record and experience of CareRx's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of CareRx's pink sheet. These opinions can provide insight into CareRx's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for CareRx Pink Sheet analysis
When running CareRx's price analysis, check to measure CareRx'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 CareRx is operating at the current time. Most of CareRx's value examination focuses on studying past and present price action to predict the probability of CareRx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CareRx's price. Additionally, you may evaluate how the addition of CareRx to your portfolios can decrease your overall portfolio volatility.
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