Growgeneration Corp Stock Performance
| GRWG Stock | USD 1.94 0.01 0.51% |
GrowGeneration Corp has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning GrowGeneration Corp are expected to decrease at a much lower rate. During the bear market, GrowGeneration Corp is likely to outperform the market. GrowGeneration Corp right now retains a risk of 3.67%. Please check out GrowGeneration Corp expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if GrowGeneration Corp will be following its current trending patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in GrowGeneration Corp are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable basic indicators, GrowGeneration Corp is not utilizing all of its potentials. The recent stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
1 | GrowGeneration to Participate in the Benzinga Cannabis Capital Conference on October 8 and 9, 2024 | 09/30/2024 |
2 | Acquisition by Stephen Kozey of 15000 shares of GrowGeneration Corp subject to Rule 16b-3 | 10/18/2024 |
3 | GrowGeneration investors are sitting on a loss of 90 percent if they invested three years ago | 10/24/2024 |
4 | Vanguard Group Incs Strategic Acquisition of GrowGeneration Corp Shares | 11/05/2024 |
5 | GrowGeneration to Host Webinar with MJ Biz Daily, Scaling Success Building a Profitable Cultivation Business, on November 12th | 11/06/2024 |
6 | GrowGeneration Reports Third Quarter 2024 Financial Results | 11/12/2024 |
7 | GrowGeneration Corp Q3 2024 Earnings Call Highlights Navigating Challenges with ... | 11/13/2024 |
8 | GrowGeneration Unveils New Product Lines Across Its Proprietary Brands Portfolio | 11/19/2024 |
| Begin Period Cash Flow | 40.1 M |
GrowGeneration |
GrowGeneration Corp Relative Risk vs. Return Landscape
If you would invest 193.00 in GrowGeneration Corp on September 2, 2024 and sell it today you would earn a total of 1.00 from holding GrowGeneration Corp or generate 0.52% return on investment over 90 days. GrowGeneration Corp is currently generating 0.0761% in daily expected returns and assumes 3.6673% risk (volatility on return distribution) over the 90 days horizon. In different words, 32% of stocks are less volatile than GrowGeneration, 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 |
GrowGeneration Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for GrowGeneration Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as GrowGeneration Corp, and traders can use it to determine the average amount a GrowGeneration Corp'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 = 0.0208
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| Cash | Small Risk | Average Risk | GRWG | Huge Risk |
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Estimated Market Risk
| 3.67 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average GrowGeneration Corp is performing at about 1% 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 GrowGeneration Corp by adding it to a well-diversified portfolio.
GrowGeneration Corp Fundamentals Growth
GrowGeneration Stock prices reflect investors' perceptions of the future prospects and financial health of GrowGeneration Corp, and GrowGeneration Corp 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 GrowGeneration Stock performance.
| Return On Equity | -0.31 | ||||
| Return On Asset | -0.0969 | ||||
| Profit Margin | (0.27) % | ||||
| Operating Margin | (0.17) % | ||||
| Current Valuation | 98.85 M | ||||
| Shares Outstanding | 59.24 M | ||||
| Price To Earning | 61.73 X | ||||
| Price To Book | 0.80 X | ||||
| Price To Sales | 0.58 X | ||||
| Revenue | 225.88 M | ||||
| Gross Profit | 70.26 M | ||||
| EBITDA | (29.76 M) | ||||
| Net Income | (46.5 M) | ||||
| Cash And Equivalents | 65.59 M | ||||
| Cash Per Share | 1.08 X | ||||
| Total Debt | 42.47 M | ||||
| Debt To Equity | 0.21 % | ||||
| Current Ratio | 4.80 X | ||||
| Book Value Per Share | 2.42 X | ||||
| Cash Flow From Operations | 1.42 M | ||||
| Earnings Per Share | (0.88) X | ||||
| Market Capitalization | 115.53 M | ||||
| Total Asset | 239.09 M | ||||
| Retained Earnings | (200.1 M) | ||||
| Working Capital | 116.52 M | ||||
| Current Asset | 6.73 M | ||||
| Current Liabilities | 1.18 M | ||||
About GrowGeneration Corp Performance
By analyzing GrowGeneration Corp's fundamental ratios, stakeholders can gain valuable insights into GrowGeneration Corp's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if GrowGeneration Corp 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 GrowGeneration Corp has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 143.91 | 162.73 | |
| Return On Tangible Assets | (0.22) | (0.23) | |
| Return On Capital Employed | (0.24) | (0.25) | |
| Return On Assets | (0.19) | (0.20) | |
| Return On Equity | (0.27) | (0.28) |
Things to note about GrowGeneration Corp performance evaluation
Checking the ongoing alerts about GrowGeneration Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for GrowGeneration Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| GrowGeneration Corp may become a speculative penny stock | |
| GrowGeneration Corp had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 225.88 M. Net Loss for the year was (46.5 M) with profit before overhead, payroll, taxes, and interest of 70.26 M. | |
| Latest headline from finance.yahoo.com: GrowGeneration Unveils New Product Lines Across Its Proprietary Brands Portfolio |
- Analyzing GrowGeneration Corp'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 GrowGeneration Corp's stock is overvalued or undervalued compared to its peers.
- Examining GrowGeneration Corp'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 GrowGeneration Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of GrowGeneration Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of GrowGeneration Corp's stock. These opinions can provide insight into GrowGeneration Corp's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for GrowGeneration Stock analysis
When running GrowGeneration Corp's price analysis, check to measure GrowGeneration Corp'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 GrowGeneration Corp is operating at the current time. Most of GrowGeneration Corp's value examination focuses on studying past and present price action to predict the probability of GrowGeneration Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GrowGeneration Corp's price. Additionally, you may evaluate how the addition of GrowGeneration Corp to your portfolios can decrease your overall portfolio volatility.
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