Drone Delivery Canada Stock Price on June 25, 2024

FLT Stock  CAD 0.15  0.01  7.14%   
Below is the normalized historical share price chart for Drone Delivery Canada extending back to January 02, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Drone Delivery stands at 0.15, as last reported on the 5th of December, with the highest price reaching 0.15 and the lowest price hitting 0.14 during the day.
200 Day MA
0.1964
50 Day MA
0.1573
Beta
0.945
 
Covid
If you're considering investing in Drone Stock, it is important to understand the factors that can impact its price. At this stage we consider Drone Stock to be out of control. Drone Delivery Canada secures Sharpe Ratio (or Efficiency) of 0.008, which denotes the company had a 0.008% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Drone Delivery Canada, which you can use to evaluate the volatility of the firm. Please confirm Drone Delivery's Mean Deviation of 3.54, standard deviation of 5.78, and Variance of 33.39 to check if the risk estimate we provide is consistent with the expected return of 0.0447%.
  
At this time, Drone Delivery's Total Stockholder Equity is fairly stable compared to the past year. Common Stock is likely to climb to about 116.3 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 123.8 M in 2024. . At this time, Drone Delivery's Price Book Value Ratio is fairly stable compared to the past year. Price To Book Ratio is likely to climb to 17.46 in 2024, whereas Price Earnings Ratio is likely to drop (3.74) in 2024. Drone Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.008

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Estimated Market Risk

 5.56
  actual daily
49
51% of assets are more volatile

Expected Return

 0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Drone Delivery is not performing at its full potential. However, 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 Drone Delivery by adding Drone Delivery to a well-diversified portfolio.
Price Book
2.3302
Enterprise Value Ebitda
(8.39)
Price Sales
2.162
Shares Float
106.5 M
Wall Street Target Price
0.38

Drone Delivery Main Headline on 25th of June 2024

Closing Bell Drone Delivery Canada Corp down on Tuesday The Globe and Mail

Drone Delivery Valuation on June 25, 2024

It is possible to determine the worth of Drone Delivery on a given historical date. On June 25, 2024 Drone was worth 0.18 at the beginning of the trading date compared to the closed value of 0.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Drone Delivery stock. Still, in general, we apply an absolute valuation method to find Drone Delivery'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 Drone Delivery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Drone Delivery's related companies.
 Open High Low Close Volume
  0.18    0.21    0.18    0.20    313,565  
06/25/2024
  0.18    0.19    0.17    0.19    65,927  
  0.18    0.19    0.18    0.18    101,702  
Backtest Drone Delivery  |  Drone Delivery History  |  Drone Delivery Valuation   PreviousNext  
Open Value
0.18
0.19
Closing Value
16.85
Upside

Drone Delivery Trading Date Momentum on June 25, 2024

On June 26 2024 Drone Delivery Canada was traded for  0.18  at the closing time. The highest daily price throughout the period was 0.19  and the lowest price was  0.18 . The daily volume was 101.7 K. The net trading volume on 06/26/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 5.26% . The overall trading delta to current closing price is 5.26% .

Drone Delivery Canada Fundamentals Correlations and Trends

By evaluating Drone Delivery'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 Drone Delivery's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Drone financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Drone Delivery Stock history

Drone Delivery 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 Drone is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Drone Delivery Canada 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 Drone Delivery stock prices may prove useful in developing a viable investing in Drone Delivery
Last ReportedProjected for Next Year
Common Stock Shares Outstanding224.2 M123.8 M
Net Loss-12.1 M-12.7 M

Drone Delivery Stock Technical Analysis

Drone Delivery 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.
A focus of Drone Delivery technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Drone Delivery trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Drone Delivery Period Price Range

Low
December 5, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Drone Delivery Canada cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Drone Delivery December 5, 2024 Market Strength

Market strength indicators help investors to evaluate how Drone Delivery stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Drone Delivery shares will generate the highest return on investment. By undertsting and applying Drone Delivery stock market strength indicators, traders can identify Drone Delivery Canada entry and exit signals to maximize returns

Drone Delivery Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Drone Delivery's price direction in advance. Along with the technical and fundamental analysis of Drone Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Drone 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.

Additional Tools for Drone Stock Analysis

When running Drone Delivery's price analysis, check to measure Drone Delivery'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 Drone Delivery is operating at the current time. Most of Drone Delivery's value examination focuses on studying past and present price action to predict the probability of Drone Delivery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Drone Delivery's price. Additionally, you may evaluate how the addition of Drone Delivery to your portfolios can decrease your overall portfolio volatility.