Itoco Inc Stock Performance
| ITMC Stock | USD 0.01 0.00 0.00% |
Itoco holds a performance score of 7 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.36, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Itoco's returns are expected to increase less than the market. However, during the bear market, the loss of holding Itoco is expected to be smaller as well. Use Itoco Inc treynor ratio, as well as the relationship between the downside variance and kurtosis , to analyze future returns on Itoco Inc.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Itoco Inc are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of rather unfluctuating primary indicators, Itoco exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Itoco |
Itoco Relative Risk vs. Return Landscape
If you would invest 0.50 in Itoco Inc on January 28, 2024 and sell it today you would earn a total of 0.00 from holding Itoco Inc or generate 0.0% return on investment over 90 days. Itoco Inc is currently generating 3.2181% in daily expected returns and assumes 33.9338% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Itoco, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Itoco Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Itoco's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Itoco Inc, and traders can use it to determine the average amount a Itoco'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 = 0.0948
| Best Portfolio | Best Equity | |||
| Good Returns | ITMC | |||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 33.93 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.22 actual daily | 63 63% of assets have lower returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Itoco is performing at about 7% 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 Itoco by adding it to a well-diversified portfolio.
Itoco Fundamentals Growth
Itoco Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Itoco, and Itoco 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 Itoco Pink Sheet performance.
| Current Valuation | 26 K | |||
| Shares Outstanding | 29.88 K | |||
| Price To Earning | (0.76) X | |||
| Price To Sales | 0.05 X | |||
| Cash And Equivalents | 568 | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 3.13 M | |||
| Book Value Per Share | (0.12) X | |||
| Cash Flow From Operations | (95.97 K) | |||
| Earnings Per Share | (0.02) X | |||
| Total Asset | 15 K | |||
| Retained Earnings | (1.85 M) | |||
| Current Asset | 15 K | |||
| Current Liabilities | 222 K |
About Itoco Performance
To evaluate Itoco Inc 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 Itoco 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 Itoco 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 Itoco Inc market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Itoco'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.Itoco Inc. engages in the processing, production, and distribution of medical cannabis products. The company was formerly known as Itoco Mining Corporation and changed its name to Itoco Inc. in May 2018. Itoco Mining operates under Biotechnology classification in the United States and is traded on OTC Exchange.Things to note about Itoco Inc performance evaluation
Checking the ongoing alerts about Itoco for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Itoco Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Itoco Inc is way too risky over 90 days horizon | |
| Itoco Inc has some characteristics of a very speculative penny stock | |
| Itoco Inc appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (2.82 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Itoco Inc currently holds about 568 in cash with (95.97 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Itoco'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 Itoco's stock is overvalued or undervalued compared to its peers.
- Examining Itoco'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 Itoco's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Itoco's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Itoco's pink sheet. These opinions can provide insight into Itoco's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Itoco Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Itoco Pink Sheet analysis
When running Itoco's price analysis, check to measure Itoco'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 Itoco is operating at the current time. Most of Itoco's value examination focuses on studying past and present price action to predict the probability of Itoco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Itoco's price. Additionally, you may evaluate how the addition of Itoco to your portfolios can decrease your overall portfolio volatility.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |