Carsmartt Stock Performance
| CRSM Stock | USD 0 0.0003 20.00% |
The firm shows a Beta (market volatility) of -0.3, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Carsmartt are expected to decrease at a much lower rate. During the bear market, Carsmartt is likely to outperform the market. At this point, Carsmartt has a negative expected return of -0.34%. Please make sure to confirm Carsmartt's skewness, as well as the relationship between the day median price and relative strength index , to decide if Carsmartt 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 Carsmartt has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's basic indicators remain very healthy which may send shares a bit higher in January 2025. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
Carsmartt |
Carsmartt Relative Risk vs. Return Landscape
If you would invest 0.19 in Carsmartt on September 13, 2024 and sell it today you would lose (0.07) from holding Carsmartt or give up 36.84% of portfolio value over 90 days. Carsmartt is currently does not generate positive expected returns and assumes 9.1012% risk (volatility on return distribution) over the 90 days horizon. In different words, 81% of pink sheets are less volatile than Carsmartt, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Carsmartt Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Carsmartt's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Carsmartt, and traders can use it to determine the average amount a Carsmartt'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 = -0.0375
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Estimated Market Risk
| 9.1 actual daily | 81 81% of assets are less volatile |
Expected Return
| -0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Carsmartt 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 Carsmartt by adding Carsmartt to a well-diversified portfolio.
Carsmartt Fundamentals Growth
Carsmartt Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Carsmartt, and Carsmartt 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 Carsmartt Pink Sheet performance.
| Profit Margin | 0.19 % | |||
| Operating Margin | 0.31 % | |||
| Current Valuation | 13.46 K | |||
| Price To Earning | 0.01 X | |||
| Price To Sales | 0.02 X | |||
| Revenue | 4.01 M | |||
| Cash Flow From Operations | 747.13 K | |||
| Earnings Per Share | 0.25 X | |||
About Carsmartt Performance
By examining Carsmartt's fundamental ratios, stakeholders can obtain critical insights into Carsmartt's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Carsmartt is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Smartt, Inc., through its subsidiaries, engages in the technology, construction, real estate, and importexport businesses in the United States. Smartt, Inc. was founded in 2007 and is headquartered in Coral Gables, Florida. Carsmartt operates under SoftwareApplication classification in the United States and is traded on OTC Exchange.Things to note about Carsmartt performance evaluation
Checking the ongoing alerts about Carsmartt for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Carsmartt help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Carsmartt generated a negative expected return over the last 90 days | |
| Carsmartt has high historical volatility and very poor performance | |
| Carsmartt has some characteristics of a very speculative penny stock |
- Analyzing Carsmartt'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 Carsmartt's stock is overvalued or undervalued compared to its peers.
- Examining Carsmartt'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 Carsmartt's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Carsmartt's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Carsmartt's pink sheet. These opinions can provide insight into Carsmartt's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Carsmartt Pink Sheet
Carsmartt financial ratios help investors to determine whether Carsmartt Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Carsmartt with respect to the benefits of owning Carsmartt security.