1933 Industries Stock Performance

TGIFF Stock  USD 0.01  0  11.11%   
On a scale of 0 to 100, 1933 Industries holds a performance score of 3. The firm owns a Beta (Systematic Risk) of -3.2, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning 1933 Industries are expected to decrease by larger amounts. On the other hand, during market turmoil, 1933 Industries is expected to outperform it. Please check 1933 Industries' downside deviation, treynor ratio, expected short fall, as well as the relationship between the jensen alpha and potential upside , to make a quick decision on whether 1933 Industries' current price history will revert.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in 1933 Industries are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile technical and fundamental indicators, 1933 Industries reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Begin Period Cash Flow4.4 M
Total Cashflows From Investing Activities1581.00
Free Cash Flow-5.1 M
  

1933 Industries Relative Risk vs. Return Landscape

If you would invest  1.45  in 1933 Industries on December 30, 2023 and sell it today you would lose (0.15) from holding 1933 Industries or give up 10.34% of portfolio value over 90 days. 1933 Industries is currently producing 0.6267% returns and takes up 12.979% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than 1933, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days.
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Assuming the 90 days horizon 1933 Industries is expected to generate 22.65 times more return on investment than the market. However, the company is 22.65 times more volatile than its market benchmark. It trades about 0.05 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.24 per unit of risk.

1933 Industries Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for 1933 Industries' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as 1933 Industries, and traders can use it to determine the average amount a 1933 Industries' 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 = 0.0483

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Estimated Market Risk

 12.98
  actual daily
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96% of assets are less volatile

Expected Return

 0.63
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88% of assets have higher returns

Risk-Adjusted Return

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97% of assets perform better
Based on monthly moving average 1933 Industries is performing at about 3% 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 1933 Industries by adding it to a well-diversified portfolio.

1933 Industries Fundamentals Growth

1933 OTC Stock prices reflect investors' perceptions of the future prospects and financial health of 1933 Industries, and 1933 Industries 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 1933 OTC Stock performance.

About 1933 Industries Performance

To evaluate 1933 Industries OTC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when 1933 Industries generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare 1933 OTC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand 1933 Industries market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents 1933's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
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. Friday Night is traded on OTC Exchange in the United States.

Things to note about 1933 Industries performance evaluation

Checking the ongoing alerts about 1933 Industries for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for 1933 Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
1933 Industries is way too risky over 90 days horizon
1933 Industries has some characteristics of a very speculative penny stock
1933 Industries appears to be risky and price may revert if volatility continues
1933 Industries has high likelihood to experience some financial distress in the next 2 years
The company reported the revenue of 12.54 M. Net Loss for the year was (17.81 M) with loss before overhead, payroll, taxes, and interest of (109.93 K).
1933 Industries has accumulated about 966.05 K in cash with (5.09 M) of positive cash flow from operations.
Evaluating 1933 Industries' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate 1933 Industries' otc stock performance include:
  • Analyzing 1933 Industries' 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 1933 Industries' stock is overvalued or undervalued compared to its peers.
  • Examining 1933 Industries' 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 1933 Industries' management team can have a significant impact on its success or failure. Reviewing the track record and experience of 1933 Industries' management team can help you assess the OTC Stock's leadership.
  • Pay attention to analyst opinions and ratings of 1933 Industries' otc stock. These opinions can provide insight into 1933 Industries' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating 1933 Industries' otc stock performance is not an exact science, and many factors can impact 1933 Industries' otc stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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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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Please note, there is a significant difference between 1933 Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if 1933 Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1933 Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.