We suggest to use Avicanna analysis to find out if markets are presently mispricing the company. We were able to break down and interpolate data for thirty-two available fundamental indicators for Avicanna, which can be compared to its peers. The stock experiences a very speculative upward sentiment. Check odds of Avicanna to be traded at C$0.5 in 90 days. Key indicators impacting Avicanna's financial strength include:
Understanding current and past Avicanna Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Avicanna's financial statements are interrelated, with each one affecting the others. For example, an increase in Avicanna's assets may result in an increase in income on the income statement.
Avicanna competes with IShares Canadian, Altagas Cum, RBC Discount, IShares SPTSX, and Harvest Tech. Avicanna Inc. focuses on the research and development, cultivation, manufacture, and commercialization of plant-derived cannabinoid-based products and extracts in North America, Latin America, Europe, and Asia. The company was founded in 2016 and is headquartered in Toronto, Canada. AVICANNA INC operates under Drug Manufacturers - Specialty Generic classification in Canada and is traded on Toronto Stock Exchange. It employs 77 people.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
You should never invest in Avicanna without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Avicanna Stock, because this is throwing your money away. Analyzing the key information contained in Avicanna's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Avicanna Key Financial Ratios
Avicanna's financial ratios allow both analysts and investors to convert raw data from Avicanna's financial statements into concise, actionable information that can be used to evaluate the performance of Avicanna over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Avicanna's current stock value. Our valuation model uses many indicators to compare Avicanna value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Avicanna competition to find correlations between indicators driving Avicanna's intrinsic value. More Info.
Avicanna is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . At this time, Avicanna's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Avicanna by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Avicanna's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
Avicanna Systematic Risk
Avicanna's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Avicanna volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Avicanna correlated with the market. If Beta is less than 0 Avicanna generally moves in the opposite direction as compared to the market. If Avicanna Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Avicanna is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Avicanna is generally in the same direction as the market. If Beta > 1 Avicanna moves generally in the same direction as, but more than the movement of the benchmark.
Avicanna Total Assets Over Time
Today, most investors in Avicanna Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Avicanna's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Avicanna growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Avicanna help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Avicanna. We use our internally-developed statistical techniques to arrive at the intrinsic value of Avicanna based on widely used predictive technical indicators. In general, we focus on analyzing Avicanna Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Avicanna's daily price indicators and compare them against related drivers.
Avicanna financial ratios help investors to determine whether Avicanna 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 Avicanna with respect to the benefits of owning Avicanna security.