Trustbix Stock Performance
| TBIXF Stock | USD 0.01 0.00 0.00% |
The entity has a beta of 1.48, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, TrustBIX will likely underperform. At this point, TrustBIX has a negative expected return of -0.96%. Please make sure to validate TrustBIX's market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and rate of daily change , to decide if TrustBIX performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days TrustBIX has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in April 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 450.2 K | |
| Free Cash Flow | -2.6 M |
TrustBIX |
TrustBIX Relative Risk vs. Return Landscape
If you would invest 3.95 in TrustBIX on December 2, 2024 and sell it today you would lose (3.11) from holding TrustBIX or give up 78.73% of portfolio value over 90 days. TrustBIX is currently producing negative expected returns and takes up 10.5402% volatility of returns over 90 trading days. Put another way, 94% of traded pink sheets are less volatile than TrustBIX, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
TrustBIX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TrustBIX's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as TrustBIX, and traders can use it to determine the average amount a TrustBIX'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 = -0.0909
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TBIXF |
Estimated Market Risk
| 10.54 actual daily | 94 94% of assets are less volatile |
Expected Return
| -0.96 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average TrustBIX 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 TrustBIX by adding TrustBIX to a well-diversified portfolio.
TrustBIX Fundamentals Growth
TrustBIX Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of TrustBIX, and TrustBIX 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 TrustBIX Pink Sheet performance.
| Return On Equity | -5.46 | |||
| Return On Asset | -1.49 | |||
| Profit Margin | (2.43) % | |||
| Operating Margin | (2.36) % | |||
| Current Valuation | 2.74 M | |||
| Shares Outstanding | 79.65 M | |||
| Price To Book | 2.02 X | |||
| Price To Sales | 1.72 X | |||
| Revenue | 1.68 M | |||
| EBITDA | (3.56 M) | |||
| Cash And Equivalents | 385.28 K | |||
| Total Debt | 613.04 K | |||
| Debt To Equity | 0.80 % | |||
| Cash Flow From Operations | (2.58 M) | |||
| Earnings Per Share | (0.03) X | |||
| Total Asset | 2.08 M | |||
About TrustBIX Performance
By analyzing TrustBIX's fundamental ratios, stakeholders can gain valuable insights into TrustBIX's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if TrustBIX 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 TrustBIX has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
TrustBIX Inc., together with its subsidiary, ViewTrak Technologies Inc. offers information solutions for agri-food industry in Canada, the United States, and internationally. It also offers internet-based applications that provide animal tracking and management. Trustbix is traded on OTC Exchange in the United States.Things to note about TrustBIX performance evaluation
Checking the ongoing alerts about TrustBIX for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for TrustBIX help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| TrustBIX generated a negative expected return over the last 90 days | |
| TrustBIX has high historical volatility and very poor performance | |
| TrustBIX has some characteristics of a very speculative penny stock | |
| TrustBIX has a very high chance of going through financial distress in the upcoming years | |
| TrustBIX has accumulated 613.04 K in total debt with debt to equity ratio (D/E) of 0.8, which is about average as compared to similar companies. TrustBIX has a current ratio of 0.55, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist TrustBIX until it has trouble settling it off, either with new capital or with free cash flow. So, TrustBIX's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TrustBIX sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TrustBIX to invest in growth at high rates of return. When we think about TrustBIX's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 1.68 M. Net Loss for the year was (4.07 M) with loss before overhead, payroll, taxes, and interest of (897.54 K). | |
| TrustBIX has accumulated about 385.28 K in cash with (2.58 M) of positive cash flow from operations. |
- Analyzing TrustBIX'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 TrustBIX's stock is overvalued or undervalued compared to its peers.
- Examining TrustBIX'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 TrustBIX's management team can have a significant impact on its success or failure. Reviewing the track record and experience of TrustBIX's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of TrustBIX's pink sheet. These opinions can provide insight into TrustBIX's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for TrustBIX Pink Sheet analysis
When running TrustBIX's price analysis, check to measure TrustBIX'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 TrustBIX is operating at the current time. Most of TrustBIX's value examination focuses on studying past and present price action to predict the probability of TrustBIX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TrustBIX's price. Additionally, you may evaluate how the addition of TrustBIX to your portfolios can decrease your overall portfolio volatility.
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