Decibel Cannabis Financials
| DBCCF Stock | USD 0.04 0.0002 0.44% |
With this module, you can analyze Decibel financials for your investing period. You should be able to track the changes in Decibel Cannabis individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Decibel |
Understanding current and past Decibel Cannabis Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Decibel Cannabis' financial statements are interrelated, with each one affecting the others. For example, an increase in Decibel Cannabis' assets may result in an increase in income on the income statement.
The data published in Decibel Cannabis' official financial statements typically reflect Decibel Cannabis' business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Decibel Cannabis' quantitative information. For example, before you start analyzing numbers published by Decibel accountants, it's essential to understand Decibel Cannabis' liquidity, profitability, and earnings quality within the context of the Healthcare space in which it operates.
Decibel Cannabis Stock Summary
Decibel Cannabis competes with Avicanna, Silver Spike, C21 Investments, and Grown Rogue. Decibel Cannabis Company Inc. engages in the cultivation, processing, production, and retail sale of cannabis products in Canada. Decibel Cannabis Company Inc. is headquartered in Calgary, Canada. Decibel Cannabis is traded on OTC Exchange in the United States.| Instrument | USA OTC Stock View All |
| Exchange | OTCQB Exchange |
| ISIN | CA2434371001 |
| Business Address | 140 - 4th |
| Sector | Healthcare |
| Industry | Drug Manufacturers—Specialty & Generic |
| Benchmark | Dow Jones Industrial |
| Website | www.decibelcc.com |
| Phone | 416 459 6306 |
| Currency | USD - US Dollar |
Decibel Cannabis Key Financial Ratios
There are many critical financial ratios that Decibel Cannabis' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Decibel Cannabis reports annually and quarterly.| Return On Equity | -0.0133 | |||
| Return On Asset | 0.0212 | |||
| Beta | 1.29 | |||
| Z Score | 1.2 |
Decibel Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Decibel Cannabis's current stock value. Our valuation model uses many indicators to compare Decibel Cannabis value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Decibel Cannabis competition to find correlations between indicators driving Decibel Cannabis's intrinsic value. More Info.Decibel Cannabis is rated # 3 in return on equity category among its peers. It also is rated # 3 in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Decibel Cannabis' earnings, one of the primary drivers of an investment's value.Decibel Cannabis Systematic Risk
Decibel Cannabis' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Decibel Cannabis 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 output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Decibel Cannabis correlated with the market. If Beta is less than 0 Decibel Cannabis generally moves in the opposite direction as compared to the market. If Decibel Cannabis Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Decibel Cannabis is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Decibel Cannabis is generally in the same direction as the market. If Beta > 1 Decibel Cannabis moves generally in the same direction as, but more than the movement of the benchmark.
Decibel Cannabis December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Decibel Cannabis help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Decibel Cannabis. We use our internally-developed statistical techniques to arrive at the intrinsic value of Decibel Cannabis based on widely used predictive technical indicators. In general, we focus on analyzing Decibel OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Decibel Cannabis's daily price indicators and compare them against related drivers.
| Downside Deviation | 7.5 | |||
| Information Ratio | 0.0087 | |||
| Maximum Drawdown | 43.23 | |||
| Value At Risk | (12.41) | |||
| Potential Upside | 12.76 |
Complementary Tools for Decibel OTC Stock analysis
When running Decibel Cannabis' price analysis, check to measure Decibel Cannabis' 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 Decibel Cannabis is operating at the current time. Most of Decibel Cannabis' value examination focuses on studying past and present price action to predict the probability of Decibel Cannabis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Decibel Cannabis' price. Additionally, you may evaluate how the addition of Decibel Cannabis to your portfolios can decrease your overall portfolio volatility.
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