1933 Industries Stock Today
| TGIFF Stock | USD 0.01 0.0009 6.38% |
Performance6 of 100
| Odds Of DistressOver 58
|
1933 Industries is trading at 0.015 as of the 20th of April 2024. This is a 6.38 percent increase since the beginning of the trading day. The stock's lowest day price was 0.011. 1933 Industries has over 58 % chance of experiencing financial distress in the next 2 years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for 1933 Industries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of February 2023 and ending today, the 20th of April 2024. Click here to learn more.
1933 Industries Inc., a cannabis company, engages in the cultivation and production of medical marijuana in the United States and Canada. The company was formerly known as Friday Night Inc. and changed its name to 1933 Industries Inc. in September 2018. The company has 454.2 M outstanding shares. More on 1933 Industries
Moving against 1933 OTC Stock
| 0.42 | TKPHF | Takeda Pharmaceutical | PairCorr |
Follow Valuation Odds of Bankruptcy
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1933 OTC Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. 1933 Industries' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding 1933 Industries or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Interim CEO, Director | David Lane |
| Business Concentration | Drug Manufacturers—Specialty & Generic, Healthcare (View all Sectors) |
1933 Industries [TGIFF] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Nano-Cap' category with a current market capitalization of 8.5 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate 1933 Industries's market, we take the total number of its shares issued and multiply it by 1933 Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. 1933 Industries classifies itself under Healthcare sector and is part of Drug Manufacturers—Specialty & Generic industry. The entity has 454.2 M outstanding shares.
1933 Industries has accumulated about 966.05 K in cash with (5.09 M) of positive cash flow from operations.
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Ownership Allocation1933 Industries shows a total of 454.2 Million outstanding shares. 1933 Industries owns 7.53 % of its outstanding shares held by insiders and 0.21 % owned by institutions. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
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1933 Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of 1933 Industries jumping above the current price in 90 days from now is under 4%. The 1933 Industries probability density function shows the probability of 1933 Industries otc stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon 1933 Industries has a beta of -1.0174. This usually implies Moreover, 1933 Industries has an alpha of 1.2008, implying that it can generate a 1.2 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of 1933 Industries to move above the current price in 90 days from now is under 4 (This 1933 Industries probability density function shows the probability of 1933 OTC Stock to fall within a particular range of prices over 90 days) .
1933 Industries Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. 1933 Industries market risk premium is the additional return an investor will receive from holding 1933 Industries long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in 1933 Industries. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although 1933 Industries' alpha and beta are two of the key measurements used to evaluate 1933 Industries' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 9.36 | |||
| Semi Deviation | 10.94 | |||
| Standard Deviation | 13.55 | |||
| Variance | 183.65 |
1933 Stock Against Markets
Picking the right benchmark for 1933 Industries otc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in 1933 Industries otc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for 1933 Industries is critical whether you are bullish or bearish towards 1933 Industries at a given time. Please also check how 1933 Industries' historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in 1933 Industries without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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1933 Industries Corporate Directors
1933 Industries corporate directors refer to members of a 1933 Industries board of directors. The board of directors generally takes responsibility for the 1933 Industries' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of 1933 Industries' board members must vote for the resolution. The 1933 Industries board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Andy Richards | Director | Profile | |
| Melanie Blair | Independent Director | Profile | |
| George Tsafalas | Director | Profile | |
| Andrew Richards | Director | Profile |
How to buy 1933 OTC Stock?
Before investing in 1933 Industries, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in 1933 Industries. To buy 1933 Industries stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of 1933 Industries. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase 1933 Industries stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located 1933 Industries stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased 1933 Industries stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as 1933 Industries, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in 1933 Industries?
The danger of trading 1933 Industries is mainly related to its market volatility and OTC Stock specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of 1933 Industries is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than 1933 Industries. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile 1933 Industries is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 1933 Industries. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the 1933 Industries information on this page should be used as a complementary analysis to other 1933 Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for 1933 OTC Stock analysis
When running 1933 Industries' price analysis, check to measure 1933 Industries' 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 1933 Industries is operating at the current time. Most of 1933 Industries' value examination focuses on studying past and present price action to predict the probability of 1933 Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 1933 Industries' price. Additionally, you may evaluate how the addition of 1933 Industries to your portfolios can decrease your overall portfolio volatility.
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