Ovation Science Financials
| OVATF Stock | USD 0.04 0.01 40.85% |
Ovation |
Ovation Science Stock Summary
Ovation Science competes with Im Cannabis. Ovation Science Inc. engages in the production of cannabis or hemp products in Canada, the United States, and Mexico. Ovation Science Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada. Ovation Science is traded on OTC Exchange in the United States.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | CA69016D1087 |
| Business Address | 625 Howe street, |
| Sector | Healthcare |
| Industry | Drug Manufacturers—Specialty & Generic |
| Benchmark | Dow Jones Industrial |
| Website | ovationscience.com |
| Phone | 604 283 0903 |
| Currency | USD - US Dollar |
Ovation Science Key Financial Ratios
There are many critical financial ratios that Ovation Science's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ovation Science reports annually and quarterly.| Return On Equity | -1.88 | |||
| Return On Asset | -0.74 | |||
| Beta | 0.16 | |||
| Z Score | -9.9 |
Ovation Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ovation Science's current stock value. Our valuation model uses many indicators to compare Ovation Science value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ovation Science competition to find correlations between indicators driving Ovation Science's intrinsic value. More Info.Ovation Science is rated below average in return on equity category among its peers. It is rated below average 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 Ovation Science's earnings, one of the primary drivers of an investment's value.Ovation Science Systematic Risk
Ovation Science's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ovation Science 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 Ovation Science correlated with the market. If Beta is less than 0 Ovation Science generally moves in the opposite direction as compared to the market. If Ovation Science Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ovation Science is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ovation Science is generally in the same direction as the market. If Beta > 1 Ovation Science moves generally in the same direction as, but more than the movement of the benchmark.
Ovation Science January 4, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ovation Science help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ovation Science. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ovation Science based on widely used predictive technical indicators. In general, we focus on analyzing Ovation Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ovation Science's daily price indicators and compare them against related drivers.
| Information Ratio | 0.0745 | |||
| Maximum Drawdown | 140.34 |
Complementary Tools for Ovation Pink Sheet analysis
When running Ovation Science's price analysis, check to measure Ovation Science's 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 Ovation Science is operating at the current time. Most of Ovation Science's value examination focuses on studying past and present price action to predict the probability of Ovation Science's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ovation Science's price. Additionally, you may evaluate how the addition of Ovation Science to your portfolios can decrease your overall portfolio volatility.
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