Decibel Competitors

OTC Stocks . USA . 
Stock . Decibel Cannabis
DBCCF Stock  USD 0.04  0.0002  0.44%   
Decibel Cannabis competes with Avicanna, Silver Spike, C21 Investments, and Grown Rogue; as well as few others. The company classifies itself under Healthcare sector and is part of Drug Manufacturers—Specialty & Generic industry. Analyzing Decibel Cannabis competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Decibel Cannabis to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Decibel Cannabis Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Decibel Cannabis competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Decibel Cannabis' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.000.047.75
Details
Intrinsic
Valuation
LowRealHigh
0.000.047.75
Details
Naive
Forecast
LowNextHigh
0.00080.047.75
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.030.050.06
Details

Decibel Cannabis Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Decibel Cannabis and its competitors represents the degree of relationship between the price movements of corresponding otcs. A correlation of about +1.0 implies that the price of Decibel and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Decibel Cannabis does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
HCANF
+ 1.0
DLTNF
RAMMF
+ 1.0
DLTNF
RAMMF
+ 1.0
HCANF
ETRGF
+ 0.79
BMMJ
AVCNF
+ 0.69
BMMJ
AVCNF
+ 0.69
ETRGF
  
High negative correlations   
BHHKF
- 1.0
RAMMF
BHHKF
- 1.0
HCANF
BHHKF
- 1.0
DLTNF
SSIC
- 0.65
BMMJ
AVCNF
- 0.61
CLSH
SSIC
- 0.55
ETRGF

Risk-Adjusted Indicators

There is a big difference between Decibel OTC Stock performing well and Decibel Cannabis OTC Stock doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Decibel Cannabis' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
DLTNF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
BMMJ  4.86 (0.57) 0.00 (1.55) 0.00 
 0.00 
 12.50 
(33.33)
 100.00 
CLSH  8.13  0.95  0.05 (1.55) 9.01 
(12.98)
 23.72 
(18.67)
 85.24 
HCANF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
ETRGF  11.73  0.57  0.04  0.47  13.29 
(16.93)
 36.67 
(25.93)
 112.65 
AVCNF  5.00  0.03 (0.01) 0.23  6.51 
(10.39)
 17.86 
(15.00)
 44.00 
SSIC  1.09  0.17  0.02 (1.09) 1.04 
(1.35)
 2.89 
(1.82)
 7.09 
RAMMF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
BHHKF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
CXXIF  5.85  0.29  0.02  4.27  5.89 
(9.96)
 13.64 
(10.53)
 41.25 
All Fundamental Data

Decibel Cannabis Competitive Analysis

The better you understand Decibel Cannabis competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Decibel Cannabis' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Decibel Cannabis' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
DBCCF DLTNF BMMJ CLSH HCANF ETRGF AVCNF SSIC RAMMF BHHKF
 0.44 
 0.04 
Decibel
 0.00 
 0.01 
Delta
 0.00 
 0.01 
Body
 5.73 
 0.04 
CLS
 0.00 
 0.0001 
Halo
 25.00 
 0.01 
Entourage
 19.05 
 0.25 
Avicanna
 1.25 
 12.96 
Silver
 0.00 
 0.06 
RAMM
 0.00 
 0 
Benchmark
Market Volatility
(90 Days Market Risk)
Out of control
Very steady
Out of control
Out of control
Very steady
Out of control
Out of control
Not too volatile
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Very Weak
Insignificant
Very Weak
Insignificant
Very Weak
Good
Very Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Above Average
Above Average
Quite High
Below Average
Quite High
Quite High
Low
Dangerous
Dangerous
Very High
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Cautious Hold
Hold
Strong Hold
Cautious Hold
Hold
Strong Hold
Hold
Strong Hold
Not Rated
Hold
Current Ratio
1.36
1.41
1.26
0.21
2.22
3.6
0.9
111.63
9.18
0.13
Net Asset
125.93 M
74.78 M
31.03 M
15.83 M
104.8 M
144.22 M
22.3 M
88.58 M
59.71 M
6.52 M
Profit Margin
-0.0098
-0.33
-0.97
-0.49
N/A
-1.86
N/A
0.45
-1.76
N/A
EBITDA
9.45 M
(1.17 M)
(21.51 M)
2.5 M
(89.2 M)
(61.41 M)
(15.13 M)
7.34 M
(6.36 M)
(12.61 M)
Operating Margin
0.066
-0.25
-0.18
-0.0511
-1.27
-0.96
-2.11
0.67
-1.89
-18.13
Current Valuation
59.18 M
54.59 M
18.77 M
30.48 M
17.62 M
89.84 M
20.15 M
32.12 M
1.85 M
6.45 M
Price To Book
0.71
0.68
0.32
0.36
0.0053
2.56
9.32
0.78
0.18
0.88
Retained Earnings
N/A
N/A
N/A
(4.74 M)
N/A
N/A
N/A
449.27 K
N/A
N/A
Current Asset
N/A
N/A
N/A
10 K
N/A
N/A
N/A
N/A
N/A
N/A
Beta
1.29
1.09
2.42
1.27
1.83
1.86
1.94
0.28
-0.75
0.99
Number Of Employees
7
210
128
8
276
10
124
5
2
5
Shares Outstanding
404 M
149.01 M
146.64 M
72.52 M
10.31 M
306.74 M
74.52 M
6.21 M
122.4 M
58.99 M
Cash Flow From Operations
(17.15 M)
(775.48 K)
(3.44 M)
(3.16 M)
(35.23 M)
(30.01 M)
(11.66 M)
7.98 M
(3.82 M)
(2.73 M)
Annual Yield
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.094
N/A
N/A
Total Debt
24.06 M
2.48 M
7.39 M
2.69 M
2.39 M
4.57 M
415.83 K
3.01 M
8.69 K
8.08 M
Return On Equity
-0.0133
-0.91
-1.47
-6.32
-0.97
-3.71
-1.69
0.0641
-0.12
-11.56
Z Score
1.2
1.8
1.6
2.2
N/A
0.6
33.0
N/A
N/A
-3.3
Return On Asset
0.0212
-0.11
-0.0932
-0.0543
-0.16
-0.19
-0.22
0.0562
-0.0789
-0.21
Book Value Per Share
0.12
0.12
0.058
-0.11
7.78
-0.044
0.038
13.56
0.41
0.015
Number Of Shares Shorted
N/A
N/A
N/A
N/A
N/A
N/A
N/A
9.78 K
N/A
N/A
Current Liabilities
N/A
N/A
N/A
1.24 M
N/A
N/A
N/A
N/A
N/A
N/A
Total Asset
125.93 M
74.78 M
31.03 M
15.83 M
104.8 M
144.22 M
22.3 M
88.58 M
59.71 M
6.52 M
Debt To Equity
1.06
3.5
0.44
0.82
0.24
N/A
0.31
N/A
N/A
1.5
Target Price
N/A
N/A
N/A
0.08
123.1
N/A
N/A
8.8
N/A
N/A
Short Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
4.63
N/A
N/A
Last Dividend Paid
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.98
N/A
N/A
Shares Owned By Institutions
0.28
N/A
12.03
39.66
N/A
N/A
N/A
76.19
0.89
N/A
Market Capitalization
53.21 M
8.48 M
10.63 M
5.8 M
164.26 K
6.61 M
22.99 M
66.13 M
15.16 M
1.75 M
Price To Earning
N/A
N/A
N/A
-1.37
N/A
N/A
N/A
N/A
N/A
N/A
Price To Sales
0.42
0.13
0.27
0.23
0.013
0.19
4.51
5.32
4.04
4.61
Net Income
1.74 M
(11.18 M)
(28.68 M)
(2.34 M)
(94.61 M)
(78.94 M)
(16.77 M)
7.34 M
(7.11 M)
(10.06 M)
Earnings Per Share
N/A
-0.085
-0.036
-0.087
-3.17
-0.23
-0.26
0.9
-0.051
-0.38
Shares Owned By Insiders
2.46
37.09
1.2
20.43
0.13
20.11
22.52
0.43
34.88
N/A
Revenue
52.45 M
62.29 M
31.64 M
22.66 M
36.18 M
42.27 M
3.27 M
11.72 M
4.12 M
1.01 M
Working Capital
N/A
N/A
N/A
(1.23 M)
N/A
N/A
N/A
N/A
N/A
N/A
Cash And Equivalents
3.13 M
13.49 M
3.71 M
592.04 K
1.57 M
14.15 M
685.94 K
60.62 M
12.79 M
273.03 K
Cash Per Share
0.01
0.11
0.03
0.01
0.14
0.05
0.01
9.75
0.1
N/A
Gross Profit
28.17 M
17.32 M
6.32 M
11.54 M
4.45 M
(11.71 M)
2.83 M
5.38 M
(37.32 K)
(62.33 K)
Day Typical Price
0.0446
0.008
0.01
0.0436
1.0E-4
0.0051
0.24
13.06
0.055
0.0034
Accumulation Distribution
0.0962
N/A
N/A
0.0531
N/A
0.38
0.08
0.0219
N/A
N/A
Market Facilitation Index
0.0045
N/A
N/A
0.0024
N/A
0.0024
0.02
0.29
N/A
N/A
Daily Balance Of Power
(0.04)
0.0
0.0
(1.08)
0.0
0.4167
2.0
0.5517
0.0
0.0
Period Momentum Indicator
(0.0002)
N/A
N/A
(0)
N/A
0.001
0.04
0.16
N/A
N/A
Rate Of Daily Change
1.0
1.0
1.0
0.94
1.0
1.25
1.19
1.01
1.0
1.0
Day Median Price
0.0446
0.008
0.01
0.044
1.0E-4
0.0051
0.24
13.11
0.055
0.0034
Price Action Indicator
1.0E-4
N/A
N/A
(0)
N/A
4.0E-4
0.03
(0.07)
N/A
N/A
Coefficient Of Variation
3775.93
N/A
(2,580)
1617.63
N/A
2350.97
12365.53
952.24
N/A
N/A
Mean Deviation
5.12
N/A
4.86
8.13
N/A
11.73
5.0
1.09
N/A
N/A
Jensen Alpha
0.3161
N/A
(0.57)
0.9479
N/A
0.5724
0.026
0.1726
N/A
N/A
Total Risk Alpha
(1.10)
N/A
(2.73)
(1.52)
N/A
(2.33)
(1.34)
(0.11)
N/A
N/A
Sortino Ratio
0.009
N/A
N/A
0.0539
N/A
0.0443
(0.01)
0.0198
N/A
N/A
Downside Variance
56.2
N/A
N/A
192.75
N/A
220.37
138.64
1.84
N/A
N/A
Standard Deviation
7.75
N/A
13.22
14.33
N/A
18.69
8.38
1.57
N/A
N/A
Kurtosis
3.96
N/A
9.35
6.46
N/A
3.96
2.12
3.42
N/A
N/A
Potential Upside
12.76
N/A
12.5
23.72
N/A
36.67
17.86
2.89
N/A
N/A
Treynor Ratio
(0.21)
N/A
(1.55)
(1.55)
N/A
0.4714
0.2318
(1.09)
N/A
N/A
Maximum Drawdown
43.23
N/A
100.0
85.24
N/A
112.65
44.0
7.09
N/A
N/A
Variance
60.07
N/A
174.73
205.27
N/A
349.24
70.3
2.45
N/A
N/A
Market Risk Adjusted Performance
(0.20)
N/A
(1.54)
(1.54)
N/A
0.4814
0.2418
(1.08)
N/A
N/A
Risk Adjusted Performance
0.0293
N/A
(0.02)
0.0567
N/A
0.0421
0.0153
0.0854
N/A
N/A
Skewness
1.04
N/A
0.2346
1.76
N/A
1.3
0.3897
1.06
N/A
N/A
Semi Deviation
6.57
N/A
N/A
9.01
N/A
13.29
6.51
1.04
N/A
N/A
Information Ratio
0.0087
N/A
(0.05)
0.0522
N/A
0.0352
(0.01)
0.0171
N/A
N/A
Value At Risk
(12.41)
N/A
(33.33)
(18.67)
N/A
(25.93)
(15.00)
(1.82)
N/A
N/A
Expected Short fall
(5.83)
N/A
N/A
(12.98)
N/A
(16.93)
(10.39)
(1.35)
N/A
N/A
Downside Deviation
7.5
N/A
N/A
13.88
N/A
14.84
11.77
1.36
N/A
N/A
Semi Variance
43.14
N/A
N/A
81.13
N/A
176.56
42.37
1.08
N/A
N/A

Decibel Cannabis Competition Performance Charts

Five steps to successful analysis of Decibel Cannabis Competition

Decibel Cannabis' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Decibel Cannabis in relation to its competition. Decibel Cannabis' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Decibel Cannabis in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Decibel Cannabis' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Decibel Cannabis, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Decibel Cannabis position

In addition to having Decibel Cannabis in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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ISP
ISP Theme
Internet Service Providers (ISP) companies and IT providers specializing in internet technologies. The ISP theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize ISP Theme or any other thematic opportunities.
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Other Information on Investing in Decibel OTC Stock

Decibel Cannabis financial ratios help investors to determine whether Decibel OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Decibel with respect to the benefits of owning Decibel Cannabis security.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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