Codebase Ventures Stock Performance
| BKLLF Stock | USD 0.08 0.00 0.00% |
The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Codebase Ventures are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Codebase Ventures has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable essential indicators, Codebase Ventures is not utilizing all of its potentials. The newest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 894.5 K | |
| Free Cash Flow | -4.9 M |
Codebase |
Codebase Ventures Relative Risk vs. Return Landscape
If you would invest 7.80 in Codebase Ventures on January 31, 2024 and sell it today you would earn a total of 0.00 from holding Codebase Ventures or generate 0.0% return on investment over 90 days. Codebase Ventures is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than Codebase, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Codebase Ventures Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Codebase Ventures' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Codebase Ventures, and traders can use it to determine the average amount a Codebase Ventures' 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 = 0.0
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Based on monthly moving average Codebase Ventures 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 Codebase Ventures by adding Codebase Ventures to a well-diversified portfolio.
Codebase Ventures Fundamentals Growth
Codebase Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Codebase Ventures, and Codebase Ventures 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 Codebase Pink Sheet performance.
| Return On Equity | -1.69 | |||
| Return On Asset | -0.58 | |||
| Operating Margin | (37.19) % | |||
| Current Valuation | 12.68 M | |||
| Shares Outstanding | 146.98 M | |||
| Price To Book | 0.97 X | |||
| Price To Sales | 13.63 X | |||
| Revenue | (1.04 M) | |||
| EBITDA | (4.93 M) | |||
| Cash And Equivalents | 2.61 M | |||
| Cash Per Share | 0.02 X | |||
| Book Value Per Share | 0.17 X | |||
| Cash Flow From Operations | (4.28 M) | |||
| Earnings Per Share | (0.07) X | |||
| Total Asset | 4.37 M | |||
About Codebase Ventures Performance
To evaluate Codebase Ventures Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Codebase Ventures 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 Codebase Pink Sheet'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 Codebase Ventures market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Codebase'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.Cypher Metaverse Inc., together with its subsidiaries, engages in bitcoin mining business. Cypher Metaverse Inc. was incorporated in 2009 and is headquartered in Vancouver, Canada. Cypher Metaverse is traded on OTC Exchange in the United States.Things to note about Codebase Ventures performance evaluation
Checking the ongoing alerts about Codebase Ventures for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Codebase Ventures help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Codebase Ventures generated a negative expected return over the last 90 days | |
| Codebase Ventures has some characteristics of a very speculative penny stock | |
| Codebase Ventures has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (13.29 M) with loss before overhead, payroll, taxes, and interest of (1.7 M). | |
| Codebase Ventures has accumulated about 2.61 M in cash with (4.28 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
- Analyzing Codebase Ventures' 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 Codebase Ventures' stock is overvalued or undervalued compared to its peers.
- Examining Codebase Ventures' 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 Codebase Ventures' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Codebase Ventures' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Codebase Ventures' pink sheet. These opinions can provide insight into Codebase Ventures' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Codebase Ventures. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Codebase Pink Sheet analysis
When running Codebase Ventures' price analysis, check to measure Codebase Ventures' 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 Codebase Ventures is operating at the current time. Most of Codebase Ventures' value examination focuses on studying past and present price action to predict the probability of Codebase Ventures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Codebase Ventures' price. Additionally, you may evaluate how the addition of Codebase Ventures to your portfolios can decrease your overall portfolio volatility.
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