Lucy Scientific rises after BlueSky Wellness acquisition announcement
LSDIDelisted Stock | 0.02 0.00 0.00% |
Under 56% of Lucy Scientific's investor base is looking to short. The analysis of current outlook of investing in Lucy Scientific Discovery suggests that many traders are alarmed regarding Lucy Scientific's prospects. Lucy Scientific's investing sentiment shows overall attitude of investors towards Lucy Scientific Discovery.
Lucy |
Lucy Scientific Discovery rose 11 percent Tuesday pre-market after the psychedelic products company said it is set to acquire BlueSky Wellness.The company has entered into an agreement...
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Lucy Scientific Fundamental Analysis
We analyze Lucy Scientific's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lucy Scientific using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lucy Scientific 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.
Retained Earnings
Retained Earnings Comparative Analysis
Lucy Scientific is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Lucy Scientific Discovery 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 Lucy Scientific stock to make a market-neutral strategy. Peer analysis of Lucy Scientific could also be used in its relative valuation, which is a method of valuing Lucy Scientific by comparing valuation metrics with similar companies.
Peers
Lucy Scientific Related Equities
AKAN | Akanda Corp | 9.59 | ||||
CYTH | Cyclo Therapeutics | 5.26 | ||||
SHPH | Shuttle Pharmaceuticals | 4.05 | ||||
LFCR | Lifecore Biomedical | 1.92 | ||||
ORGO | Organogenesis Holdings | 0.94 | ||||
TLRY | Tilray | 2.21 | ||||
DERM | Journey Medical | 4.80 |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Other Consideration for investing in Lucy Stock
If you are still planning to invest in Lucy Scientific Discovery check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Lucy Scientific's history and understand the potential risks before investing.
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