LeoNovus Financials
| LTV Stock | CAD 0.04 0.00 0.00% |
LeoNovus |
Please note, the imprecision that can be found in LeoNovus' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of LeoNovus. Check LeoNovus' Beneish M Score to see the likelihood of LeoNovus' management manipulating its earnings.
LeoNovus Stock Summary
LeoNovus Inc., a cloud solutions software company, provides software defined object storage solutions and governance, risk management, and compliance solutions for enterprises. Its algorithms virtualize, transform, slice, and disperse data across a network of on-premises, hybrid, or multi-cloud storage nodes. LEONOVUS INC operates under Software - Application classification in Canada and is traded on TSX Venture Exchange. It employs 37 people.Specialization | Information Technology, Software - Application |
| Instrument | Canada Stock View All |
| Exchange | TSX Venture Exchange |
| ISIN | CA5266813099 |
| Business Address | 2611 Queensview Drive, |
| Sector | Software |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | www.leonovus.com |
| Phone | 613 319 5117 |
| Currency | CAD - Canadian Dollar |
You should never invest in LeoNovus without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of LeoNovus Stock, because this is throwing your money away. Analyzing the key information contained in LeoNovus' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
LeoNovus Key Financial Ratios
There are many critical financial ratios that LeoNovus' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that LeoNovus reports annually and quarterly.LeoNovus Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining LeoNovus's current stock value. Our valuation model uses many indicators to compare LeoNovus value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across LeoNovus competition to find correlations between indicators driving LeoNovus's intrinsic value. More Info.LeoNovus is rated second overall in return on equity category among its peers. It is rated fourth overall 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 LeoNovus' earnings, one of the primary drivers of an investment's value.LeoNovus Systematic Risk
LeoNovus' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. LeoNovus 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 LeoNovus correlated with the market. If Beta is less than 0 LeoNovus generally moves in the opposite direction as compared to the market. If LeoNovus Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one LeoNovus is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of LeoNovus is generally in the same direction as the market. If Beta > 1 LeoNovus moves generally in the same direction as, but more than the movement of the benchmark.
Additional Tools for LeoNovus Stock Analysis
When running LeoNovus' price analysis, check to measure LeoNovus' 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 LeoNovus is operating at the current time. Most of LeoNovus' value examination focuses on studying past and present price action to predict the probability of LeoNovus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LeoNovus' price. Additionally, you may evaluate how the addition of LeoNovus to your portfolios can decrease your overall portfolio volatility.