Flora Growth Corp Stock Price on September 19, 2024
| FLGC Stock | USD 1.98 0.29 17.16% |
If you're considering investing in Flora Stock, it is important to understand the factors that can impact its price. As of today, the current price of Flora Growth stands at 1.98, as last reported on the 12th of December 2024, with the highest price reaching 2.10 and the lowest price hitting 1.71 during the day. Flora Growth is risky given 3 months investment horizon. Flora Growth Corp secures Sharpe Ratio (or Efficiency) of 0.17, which denotes the company had a 0.17% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.48% are justified by taking the suggested risk. Use Flora Growth Mean Deviation of 6.26, coefficient of variation of 715.67, and Downside Deviation of 7.37 to evaluate company specific risk that cannot be diversified away.
At present, Flora Growth's Common Stock is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 2.1 M, whereas Total Stockholder Equity is forecasted to decline to about 6.1 M. . At present, Flora Growth's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 1.63, whereas Price To Sales Ratio is forecasted to decline to 0.12. Flora Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Flora |
Sharpe Ratio = 0.1689
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Estimated Market Risk
| 8.78 actual daily | 78 78% of assets are less volatile |
Expected Return
| 1.48 actual daily | 29 71% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Flora Growth is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Flora Growth by adding it to a well-diversified portfolio.
Price Book 5.3152 | Enterprise Value Ebitda (1.00) | Price Sales 0.3274 | Shares Float 10.1 M | Wall Street Target Price 4 |
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Flora Growth Valuation on September 19, 2024
It is possible to determine the worth of Flora Growth on a given historical date. On September 19, 2024 Flora was worth 1.13 at the beginning of the trading date compared to the closed value of 1.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Flora Growth stock. Still, in general, we apply an absolute valuation method to find Flora Growth's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Flora Growth where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Flora Growth's related companies.
| Open | High | Low | Close | Volume | |
| 1.17 | 1.18 | 1.04 | 1.05 | 199,294 | |
09/19/2024 | 1.13 | 1.48 | 1.11 | 1.42 | 698,033 |
| 1.42 | 1.42 | 1.28 | 1.39 | 308,772 |
| Backtest Flora Growth | | | Flora Growth History | | | Flora Growth Valuation | Previous | Next |
Flora Growth Trading Date Momentum on September 19, 2024
| On September 20 2024 Flora Growth Corp was traded for 1.39 at the closing time. The top price for the day was 1.42 and the lowest listed price was 1.28 . The trading volume for the day was 308.8 K. The trading history from September 20, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.11% . The overall trading delta against the current closing price is 1.41% . |
Flora Growth Corp Fundamentals Correlations and Trends
By evaluating Flora Growth's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Flora Growth's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Flora financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Flora Growth Stock history
Flora Growth investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Flora is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Flora Growth Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Flora Growth stock prices may prove useful in developing a viable investing in Flora Growth
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 7.4 M | 5.1 M | |
| Net Loss | -19.1 M | -20.1 M |
Flora Growth Quarterly Net Working Capital |
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Flora Growth Stock Technical Analysis
Flora Growth technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Flora Growth Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
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Flora Growth December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Flora Growth stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Flora Growth shares will generate the highest return on investment. By undertsting and applying Flora Growth stock market strength indicators, traders can identify Flora Growth Corp entry and exit signals to maximize returns
Flora Growth Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Flora Growth's price direction in advance. Along with the technical and fundamental analysis of Flora Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Flora to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1101 | |||
| Jensen Alpha | 1.11 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.1431 | |||
| Treynor Ratio | 2.36 |
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Complementary Tools for Flora Stock analysis
When running Flora Growth's price analysis, check to measure Flora Growth'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 Flora Growth is operating at the current time. Most of Flora Growth's value examination focuses on studying past and present price action to predict the probability of Flora Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flora Growth's price. Additionally, you may evaluate how the addition of Flora Growth to your portfolios can decrease your overall portfolio volatility.
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