Red Light Financials
TRUFF Stock | USD 0.03 0 6.90% |
With this module, you can analyze Red financials for your investing period. You should be able to track the changes in Red Light individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Red |
The data published in Red Light's official financial statements typically reflect Red Light's 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 Red Light's quantitative information. For example, before you start analyzing numbers published by Red accountants, it's essential to understand Red Light's liquidity, profitability, and earnings quality within the context of the Healthcare space in which it operates.
Red Light Stock Summary
Red Light competes with Grey Cloak, and Charlottes Web. Red Light Holland Corp. engages in the production, cultivation, and sale of magic truffles to the recreational market in the Netherlands. The company sells its products under the iMicrodose and Maka brand name through 74 brick-and-mortar SmartShops, as well as through iMicrodose.nl and various other online stores across the Netherlands. Red Light operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange.Instrument | USA OTC Stock View All |
Exchange | OTCQB Exchange |
Business Address | 1 Adelaide Street |
Sector | Healthcare |
Industry | Drug Manufacturers—Specialty & Generic |
Benchmark | Dow Jones Industrial |
Website | www.redlighttruffles.com |
Phone | 647 204 7129 |
Currency | USD - US Dollar |
Red Light Key Financial Ratios
There are many critical financial ratios that Red Light's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Red Light Holland reports annually and quarterly.Return On Equity | -0.36 | |||
Return On Asset | -0.12 | |||
Beta | 1.86 | |||
Z Score | 15.0 |
Red Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Red Light's current stock value. Our valuation model uses many indicators to compare Red Light value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Red Light competition to find correlations between indicators driving Red Light's intrinsic value. More Info.Red Light Holland is currently regarded as top stock in return on equity category among its peers. It is rated fifth 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 Red Light's earnings, one of the primary drivers of an investment's value.Red Light Holland Systematic Risk
Red Light's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Red Light 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Red Light Holland correlated with the market. If Beta is less than 0 Red Light generally moves in the opposite direction as compared to the market. If Red Light Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Red Light Holland is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Red Light is generally in the same direction as the market. If Beta > 1 Red Light moves generally in the same direction as, but more than the movement of the benchmark.
Red Light December 12, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Red Light help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Red Light Holland. We use our internally-developed statistical techniques to arrive at the intrinsic value of Red Light Holland based on widely used predictive technical indicators. In general, we focus on analyzing Red OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Red Light's daily price indicators and compare them against related drivers.
Downside Deviation | 8.45 | |||
Information Ratio | 0.0319 | |||
Maximum Drawdown | 42.14 | |||
Value At Risk | (10.34) | |||
Potential Upside | 13.79 |
Complementary Tools for Red OTC Stock analysis
When running Red Light's price analysis, check to measure Red Light'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 Red Light is operating at the current time. Most of Red Light's value examination focuses on studying past and present price action to predict the probability of Red Light's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Light's price. Additionally, you may evaluate how the addition of Red Light to your portfolios can decrease your overall portfolio volatility.
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