Groove Botanicals Financials
| GRVE Stock | USD 0 0 75.51% |
Groove |
Understanding current and past Groove Botanicals Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Groove Botanicals' financial statements are interrelated, with each one affecting the others. For example, an increase in Groove Botanicals' assets may result in an increase in income on the income statement.
Please note, the presentation of Groove Botanicals' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Groove Botanicals' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Groove Botanicals' management manipulating its earnings.
Groove Botanicals Stock Summary
The company was formerly known as Avalon Oil Gas, Inc. and changed its name to Groove Botanicals, Inc. in May 2018. Groove Botanicals operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 1 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 310 Fourth Avenue |
| Sector | Personal Products |
| Industry | Consumer Staples |
| Benchmark | Dow Jones Industrial |
| Website | groovebotanicals.com |
| Phone | 612 315 5068 |
| Currency | USD - US Dollar |
Groove Botanicals Key Financial Ratios
There are many critical financial ratios that Groove Botanicals' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Groove Botanicals reports annually and quarterly.| Return On Asset | -4.77 | |||
| Beta | 1.36 | |||
| Z Score | 6.0 |
Groove Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Groove Botanicals's current stock value. Our valuation model uses many indicators to compare Groove Botanicals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Groove Botanicals competition to find correlations between indicators driving Groove Botanicals's intrinsic value. More Info.Groove Botanicals is one of the top stocks in return on asset category among its peers. It also is one of the top stocks in operating margin 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 Groove Botanicals' earnings, one of the primary drivers of an investment's value.Groove Botanicals Systematic Risk
Groove Botanicals' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Groove Botanicals 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 fourty-two with a total number of output elements of nineteen. The Beta measures systematic risk based on how returns on Groove Botanicals correlated with the market. If Beta is less than 0 Groove Botanicals generally moves in the opposite direction as compared to the market. If Groove Botanicals Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Groove Botanicals is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Groove Botanicals is generally in the same direction as the market. If Beta > 1 Groove Botanicals moves generally in the same direction as, but more than the movement of the benchmark.
Groove Botanicals December 12, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Groove Botanicals help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Groove Botanicals. We use our internally-developed statistical techniques to arrive at the intrinsic value of Groove Botanicals based on widely used predictive technical indicators. In general, we focus on analyzing Groove Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Groove Botanicals's daily price indicators and compare them against related drivers.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 94.51 | |||
| Value At Risk | (9.26) |
Complementary Tools for Groove Pink Sheet analysis
When running Groove Botanicals' price analysis, check to measure Groove Botanicals' 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 Groove Botanicals is operating at the current time. Most of Groove Botanicals' value examination focuses on studying past and present price action to predict the probability of Groove Botanicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Groove Botanicals' price. Additionally, you may evaluate how the addition of Groove Botanicals to your portfolios can decrease your overall portfolio volatility.
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