AVCN Stock | | | CAD 0.28 0.04 12.50% |
Avicanna Inc financial indicator trend analysis is way more than just evaluating Avicanna Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avicanna Inc is a good investment. Please check the relationship between Avicanna Inc Book Value Per Share and its Pfcf Ratio accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Avicanna. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Book Value Per Share vs Pfcf Ratio
Book Value Per Share vs Pfcf Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Avicanna Inc Book Value Per Share account and
Pfcf Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Avicanna Inc's Book Value Per Share and Pfcf Ratio is 0.46. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Pfcf Ratio in the same time period over historical financial statements of Avicanna, assuming nothing else is changed. The correlation between historical values of Avicanna Inc's Book Value Per Share and Pfcf Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Avicanna are associated (or correlated) with its Pfcf Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pfcf Ratio has no effect on the direction of Book Value Per Share i.e., Avicanna Inc's Book Value Per Share and Pfcf Ratio go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Pfcf Ratio
Most indicators from Avicanna Inc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avicanna Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Avicanna. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
As of the 4th of March 2025,
Enterprise Value is likely to grow to about 59.2
M, while
Selling General Administrative is likely to drop about 11
M.
Avicanna Inc fundamental ratios Correlations
Click cells to compare fundamentals
Avicanna Inc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Avicanna Inc fundamental ratios Accounts
Other Information on Investing in Avicanna Inc Stock
Balance Sheet is a snapshot of the
financial position of Avicanna Inc at a specified time, usually calculated after every quarter, six months, or one year. Avicanna Inc Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Avicanna Inc and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Avicanna Inc currently owns. An asset can also be divided into two categories, current and non-current.