Third Bench Stock Performance
Third Bench holds a performance score of 19 on a scale of zero to a hundred. The entity has a beta of 4.15, which indicates 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, Third Bench will likely underperform. Use Third Bench variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness , to analyze future returns on Third Bench.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Third Bench are ranked lower than 19 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile fundamental drivers, Third Bench exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
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Third Bench Relative Risk vs. Return Landscape
If you would invest 0.01 in Third Bench on April 27, 2025 and sell it today you would lose (0.01) from holding Third Bench or give up 100.0% of portfolio value over 90 days. Third Bench is currently generating 62.2951% in daily expected returns and assumes 254.0761% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Third, 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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Third Bench Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Third Bench's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Third Bench, and traders can use it to determine the average amount a Third Bench'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 = 0.2452
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Estimated Market Risk
| 254.08 actual daily | 96 96% of assets are less volatile |
Expected Return
| 4.96 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Third Bench is performing at about 19% 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 Third Bench by adding it to a well-diversified portfolio.
Things to note about Third Bench performance evaluation
Checking the ongoing alerts about Third Bench for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Third Bench help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Third Bench is way too risky over 90 days horizon | |
| Third Bench has some characteristics of a very speculative penny stock | |
| Third Bench appears to be risky and price may revert if volatility continues |
- Analyzing Third Bench'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 Third Bench's stock is overvalued or undervalued compared to its peers.
- Examining Third Bench'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 Third Bench's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Third Bench's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Third Bench's pink sheet. These opinions can provide insight into Third Bench's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Third Pink Sheet analysis
When running Third Bench's price analysis, check to measure Third Bench'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 Third Bench is operating at the current time. Most of Third Bench's value examination focuses on studying past and present price action to predict the probability of Third Bench's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Third Bench's price. Additionally, you may evaluate how the addition of Third Bench to your portfolios can decrease your overall portfolio volatility.
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