Jetblack Corp Stock Performance
| JTBK Stock | USD 0 0.0005 10.87% |
On a scale of 0 to 100, Jetblack Corp holds a performance score of 4. The company retains a Market Volatility (i.e., Beta) of 2.93, which attests to 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, Jetblack Corp will likely underperform. Please check Jetblack Corp's value at risk and the relationship between the expected short fall and period momentum indicator , to make a quick decision on whether Jetblack Corp's current trending patterns will revert.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Jetblack Corp are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite quite fragile fundamental drivers, Jetblack Corp disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
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Jetblack Corp Relative Risk vs. Return Landscape
If you would invest 0.50 in Jetblack Corp on January 25, 2024 and sell it today you would lose (0.09) from holding Jetblack Corp or give up 18.0% of portfolio value over 90 days. Jetblack Corp is currently generating 0.9332% in daily expected returns and assumes 16.3376% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Jetblack, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Jetblack Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jetblack Corp's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Jetblack Corp, and traders can use it to determine the average amount a Jetblack Corp'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 = 0.0571
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Estimated Market Risk
| 16.34 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.93 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Jetblack Corp is performing at about 4% 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 Jetblack Corp by adding it to a well-diversified portfolio.
Jetblack Corp Fundamentals Growth
Jetblack Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Jetblack Corp, and Jetblack Corp 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 Jetblack Pink Sheet performance.
| Current Valuation | 6.15 M | |||
| Shares Outstanding | 615.42 M | |||
| Price To Book | 1,081 X | |||
| EBITDA | (179.99 K) | |||
| Cash And Equivalents | 3.57 K | |||
| Debt To Equity | 0.68 % | |||
| Book Value Per Share | (0) X | |||
| Cash Flow From Operations | (129.07 K) | |||
| Total Asset | 192 K | |||
| Retained Earnings | (256 K) | |||
| Current Liabilities | 53 K | |||
About Jetblack Corp Performance
To evaluate Jetblack Corp 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 Jetblack Corp 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 Jetblack 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 Jetblack Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Jetblack'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.It is seeking strategic minority acquisitions and investments into high-growth sectors to increase assets and shareholder value. Jetblack Corp. was incorporated in 2002 and is based in Portland, Oregon. JETBLACK CORP operates under Capital Markets classification in the United States and is traded on OTC Exchange. It employs 2 people.Things to note about Jetblack Corp performance evaluation
Checking the ongoing alerts about Jetblack Corp for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Jetblack Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Jetblack Corp is way too risky over 90 days horizon | |
| Jetblack Corp has some characteristics of a very speculative penny stock | |
| Jetblack Corp appears to be risky and price may revert if volatility continues | |
| Jetblack Corp has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.28, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Jetblack Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Jetblack Corp'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 Jetblack Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Jetblack to invest in growth at high rates of return. When we think about Jetblack Corp's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (320.42 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Jetblack Corp currently holds about 3.57 K in cash with (129.07 K) of positive cash flow from operations. |
- Analyzing Jetblack Corp'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 Jetblack Corp's stock is overvalued or undervalued compared to its peers.
- Examining Jetblack Corp'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 Jetblack Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Jetblack Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Jetblack Corp's pink sheet. These opinions can provide insight into Jetblack Corp'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 Jetblack Corp. 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 labor statistics. Note that the Jetblack Corp information on this page should be used as a complementary analysis to other Jetblack Corp's 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Jetblack Pink Sheet analysis
When running Jetblack Corp's price analysis, check to measure Jetblack Corp'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 Jetblack Corp is operating at the current time. Most of Jetblack Corp's value examination focuses on studying past and present price action to predict the probability of Jetblack Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jetblack Corp's price. Additionally, you may evaluate how the addition of Jetblack Corp to your portfolios can decrease your overall portfolio volatility.
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