Deveron Corp Stock Performance
| DVRNF Stock | USD 0.0009 0.00 0.00% |
On a scale of 0 to 100, Deveron Corp holds a performance score of 9. The firm shows a Beta (market volatility) of 0.32, which means possible diversification benefits within a given portfolio. As returns on the market increase, Deveron Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Deveron Corp is expected to be smaller as well. Please check Deveron Corp's standard deviation, as well as the relationship between the maximum drawdown and day median price , to make a quick decision on whether Deveron Corp's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Deveron Corp are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite nearly abnormal basic indicators, Deveron Corp may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
| Begin Period Cash Flow | 6.2 M | |
| Total Cashflows From Investing Activities | -4.4 M |
Deveron |
Deveron Corp Relative Risk vs. Return Landscape
If you would invest 0.08 in Deveron Corp on December 20, 2024 and sell it today you would earn a total of 0.01 from holding Deveron Corp or generate 12.5% return on investment over 90 days. Deveron Corp is currently producing 0.1953% returns and takes up 1.5625% volatility of returns over 90 trading days. Put another way, 13% of traded pink sheets are less volatile than Deveron, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Deveron Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deveron Corp's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Deveron Corp, and traders can use it to determine the average amount a Deveron Corp's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.125
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Estimated Market Risk
| 1.56 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.2 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Deveron Corp is performing at about 9% 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 Deveron Corp by adding it to a well-diversified portfolio.
Deveron Corp Fundamentals Growth
Deveron Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Deveron Corp, and Deveron Corp fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Deveron Pink Sheet performance.
| Return On Equity | -0.41 | |||
| Return On Asset | -0.12 | |||
| Profit Margin | (0.76) % | |||
| Operating Margin | (0.69) % | |||
| Current Valuation | 72.9 M | |||
| Shares Outstanding | 128.26 M | |||
| Price To Book | 2.26 X | |||
| Price To Sales | 2.26 X | |||
| Revenue | 8.6 M | |||
| EBITDA | (3.99 M) | |||
| Cash And Equivalents | 9 M | |||
| Cash Per Share | 0.07 X | |||
| Total Debt | 216.18 K | |||
| Debt To Equity | 0.84 % | |||
| Book Value Per Share | 0.20 X | |||
| Cash Flow From Operations | (4.22 M) | |||
| Earnings Per Share | (0.07) X | |||
| Total Asset | 22.77 M | |||
About Deveron Corp Performance
By analyzing Deveron Corp's fundamental ratios, stakeholders can gain valuable insights into Deveron Corp's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Deveron Corp has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Deveron Corp has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Deveron Corp., an agriculture technology company, provides drone data services to the farming sector in the United States and Canada. Deveron Corp. was incorporated in 2011 and is headquartered in Toronto, Canada. Deveron Uas is traded on OTC Exchange in the United States.Things to note about Deveron Corp performance evaluation
Checking the ongoing alerts about Deveron Corp for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Deveron Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Deveron Corp has some characteristics of a very speculative penny stock | |
| Deveron Corp has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 8.6 M. Net Loss for the year was (5.18 M) with profit before overhead, payroll, taxes, and interest of 5.83 M. | |
| Deveron Corp has accumulated about 9 M in cash with (4.22 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 16.0% of the company shares are held by company insiders |
- Analyzing Deveron Corp's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Deveron Corp's stock is overvalued or undervalued compared to its peers.
- Examining Deveron Corp's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Deveron Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Deveron Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Deveron Corp's pink sheet. These opinions can provide insight into Deveron Corp's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Deveron Pink Sheet analysis
When running Deveron Corp's price analysis, check to measure Deveron Corp'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 Deveron Corp is operating at the current time. Most of Deveron Corp's value examination focuses on studying past and present price action to predict the probability of Deveron Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Deveron Corp's price. Additionally, you may evaluate how the addition of Deveron Corp to your portfolios can decrease your overall portfolio volatility.
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