Closing Bell Decibel Cannabis CO Inc Wts A flat on Thursday - Barchart
| DB Stock | CAD 0.07 0.01 7.14% |
Slightly above 56% of all Decibel Cannabis' sophisticated investors are looking to take a long position. The analysis of overall sentiment of trading Decibel Cannabis stock suggests that some investors are interested at this time. Decibel Cannabis' investing sentiment can be driven by a variety of factors including economic data, Decibel Cannabis' earnings reports, geopolitical events, and overall market trends.
Decibel Cannabis stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Decibel daily returns and investor perception about the current price of Decibel Cannabis as well as its diversification or hedging effects on your existing portfolios.
Decibel |
Closing Bell Decibel Cannabis CO Inc Wts A flat on Thursday Barchart
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Decibel Cannabis Fundamental Analysis
We analyze Decibel Cannabis' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Decibel Cannabis using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Decibel Cannabis based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Total Debt
Total Debt Comparative Analysis
Decibel Cannabis is rated # 4 in total debt category among its peers. Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Decibel Cannabis Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Decibel Cannabis stock to make a market-neutral strategy. Peer analysis of Decibel Cannabis could also be used in its relative valuation, which is a method of valuing Decibel Cannabis by comparing valuation metrics with similar companies.
Peers
Decibel Cannabis Related Equities
| XEG | IShares SPTSX | 2.07 | ||||
| ALA-PA | Altagas Cum | 1.35 | ||||
| ERE-UN | European Residential | 0.53 | ||||
| RUDB | RBC Discount | 0.05 | ||||
| XHB | IShares Canadian | 0.20 | ||||
| LOVE | Cannara Biotech | 4.00 |
Additional Tools for Decibel Stock Analysis
When running Decibel Cannabis' price analysis, check to measure Decibel Cannabis' 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 Decibel Cannabis is operating at the current time. Most of Decibel Cannabis' value examination focuses on studying past and present price action to predict the probability of Decibel Cannabis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Decibel Cannabis' price. Additionally, you may evaluate how the addition of Decibel Cannabis to your portfolios can decrease your overall portfolio volatility.