Cann American Corp Stock Performance
| CNNA Stock | USD 0 0.0001 2.56% |
Cann American holds a performance score of 7 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -1.32, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Cann American are expected to decrease by larger amounts. On the other hand, during market turmoil, Cann American is expected to outperform it. Use Cann American downside variance, rate of daily change, and the relationship between the maximum drawdown and skewness , to analyze future returns on Cann American.
Risk-Adjusted Performance
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Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Cann American Corp are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite somewhat conflicting basic indicators, Cann American sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
| Total Cashflows From Investing Activities | 235.7 K |
Cann |
Cann American Relative Risk vs. Return Landscape
If you would invest 0.29 in Cann American Corp on December 22, 2024 and sell it today you would earn a total of 0.11 from holding Cann American Corp or generate 37.93% return on investment over 90 days. Cann American Corp is currently generating 1.8172% in daily expected returns and assumes 19.1902% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Cann, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Cann American Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cann American's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Cann American Corp, and traders can use it to determine the average amount a Cann American'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 = 0.0947
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Estimated Market Risk
| 19.19 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.82 actual daily | 36 64% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Cann American is performing at about 7% 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 Cann American by adding it to a well-diversified portfolio.
Cann American Fundamentals Growth
Cann Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Cann American, and Cann American 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 Cann Pink Sheet performance.
| Return On Equity | -2.6 | |||
| Return On Asset | -0.85 | |||
| Operating Margin | (21.26) % | |||
| Current Valuation | 48 | |||
| Shares Outstanding | 4.44 K | |||
| Price To Book | 0.0007 X | |||
| Price To Sales | 0.03 X | |||
| Revenue | 13.23 K | |||
| EBITDA | (275.98 K) | |||
| Cash And Equivalents | 59.87 K | |||
| Debt To Equity | 0.14 % | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | (244.54 K) | |||
| Earnings Per Share | (0) X | |||
| Total Asset | 417 K | |||
| Retained Earnings | (4 M) | |||
| Current Liabilities | 384 K | |||
About Cann American Performance
By analyzing Cann American's fundamental ratios, stakeholders can gain valuable insights into Cann American's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Cann American 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 Cann American has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Cann American Corp., a development stage company, focuses on the development of Cannabis sativa strains for pets in various European Union countries. Cann American Corp. was founded in 2004 and is based in Cloverdale, California. CANN AMERICAN operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 1 people.Things to note about Cann American Corp performance evaluation
Checking the ongoing alerts about Cann American for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Cann American Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cann American Corp is way too risky over 90 days horizon | |
| Cann American Corp has some characteristics of a very speculative penny stock | |
| Cann American Corp appears to be risky and price may revert if volatility continues | |
| Cann American Corp has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 13.23 K. Net Loss for the year was (249.82 K) with profit before overhead, payroll, taxes, and interest of 16.71 K. | |
| Cann American Corp currently holds about 59.87 K in cash with (244.54 K) of positive cash flow from operations. |
- Analyzing Cann American'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 Cann American's stock is overvalued or undervalued compared to its peers.
- Examining Cann American'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 Cann American's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cann American's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cann American's pink sheet. These opinions can provide insight into Cann American's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Cann Pink Sheet analysis
When running Cann American's price analysis, check to measure Cann American'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 Cann American is operating at the current time. Most of Cann American's value examination focuses on studying past and present price action to predict the probability of Cann American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cann American's price. Additionally, you may evaluate how the addition of Cann American to your portfolios can decrease your overall portfolio volatility.
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