Devonian Health Group Stock Probability of Future Stock Price Finishing Over 0.18
| GSD Stock | CAD 0.24 0.05 26.32% |
Devonian |
Devonian Health Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Devonian Health for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Devonian Health Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Devonian Health is way too risky over 90 days horizon | |
| Devonian Health has some characteristics of a very speculative penny stock | |
| Devonian Health appears to be risky and price may revert if volatility continues | |
| Devonian Health Group has accumulated 2.08 M in total debt with debt to equity ratio (D/E) of 43.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Devonian Health Group has a current ratio of 0.93, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Devonian Health until it has trouble settling it off, either with new capital or with free cash flow. So, Devonian Health's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Devonian Health Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Devonian to invest in growth at high rates of return. When we think about Devonian Health's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 17.82 M. Net Loss for the year was (1.22 M) with profit before overhead, payroll, taxes, and interest of 7.18 M. | |
| About 14.0% of Devonian Health shares are held by company insiders |
Devonian Health Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Devonian Stock often depends not only on the future outlook of the current and potential Devonian Health's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Devonian Health's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 148.2 M |
Devonian Health Technical Analysis
Devonian Health's future price can be derived by breaking down and analyzing its technical indicators over time. Devonian Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Devonian Health Group. In general, you should focus on analyzing Devonian Stock price patterns and their correlations with different microeconomic environments and drivers.
Devonian Health Predictive Forecast Models
Devonian Health's time-series forecasting models is one of many Devonian Health's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Devonian Health's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Devonian Health Group
Checking the ongoing alerts about Devonian Health for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Devonian Health Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Devonian Health is way too risky over 90 days horizon | |
| Devonian Health has some characteristics of a very speculative penny stock | |
| Devonian Health appears to be risky and price may revert if volatility continues | |
| Devonian Health Group has accumulated 2.08 M in total debt with debt to equity ratio (D/E) of 43.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Devonian Health Group has a current ratio of 0.93, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Devonian Health until it has trouble settling it off, either with new capital or with free cash flow. So, Devonian Health's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Devonian Health Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Devonian to invest in growth at high rates of return. When we think about Devonian Health's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 17.82 M. Net Loss for the year was (1.22 M) with profit before overhead, payroll, taxes, and interest of 7.18 M. | |
| About 14.0% of Devonian Health shares are held by company insiders |
Additional Tools for Devonian Stock Analysis
When running Devonian Health's price analysis, check to measure Devonian Health'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 Devonian Health is operating at the current time. Most of Devonian Health's value examination focuses on studying past and present price action to predict the probability of Devonian Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Devonian Health's price. Additionally, you may evaluate how the addition of Devonian Health to your portfolios can decrease your overall portfolio volatility.