Avicanna Stock Analysis

Avicanna Stock Analysis Notes

About 23.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.1. Avicanna had not issued any dividends in recent years. Avicanna Inc. focuses on the research and development, cultivation, manufacture, and commercialization of plant-derived cannabinoid-based products and extracts in North America, Latin America, Europe, and Asia. The company was founded in 2016 and is headquartered in Toronto, Canada. AVICANNA INC operates under Drug Manufacturers - Specialty Generic classification in Canada and is traded on Toronto Stock Exchange. It employs 77 people. For more info on Avicanna please contact Mba BEcon at 647 243 5283 or go to https://www.avicanna.com.

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Avicanna Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 27.94 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Avicanna's market, we take the total number of its shares issued and multiply it by Avicanna's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Avicanna Profitablity

The company has Profit Margin (PM) of (0.3) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.29) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.29.

Management Efficiency

Avicanna has return on total asset (ROA) of (0.2061) % which means that it has lost $0.2061 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (1.1231) %, meaning that it generated substantial loss on money invested by shareholders. Avicanna's management efficiency ratios could be used to measure how well Avicanna manages its routine affairs as well as how well it operates its assets and liabilities. As of the 13th of December 2024, Return On Equity is likely to grow to 81.60, while Return On Tangible Assets are likely to drop (0.45). At this time, Avicanna's Total Assets are very stable compared to the past year. As of the 13th of December 2024, Non Current Assets Total is likely to grow to about 18.1 M, while Net Tangible Assets are likely to drop about 925.3 K.

Technical Drivers

As of the 13th of December 2024, Avicanna shows the Risk Adjusted Performance of 0.0591, downside deviation of 7.0, and Mean Deviation of 5.73. Avicanna technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Avicanna Price Movement Analysis

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Avicanna Forecast Models

Avicanna's time-series forecasting models are one of many Avicanna's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Avicanna's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Avicanna prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Avicanna shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Avicanna. By using and applying Avicanna Stock analysis, traders can create a robust methodology for identifying Avicanna entry and exit points for their positions.

Avicanna financial ratios help investors to determine whether Avicanna Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Avicanna with respect to the benefits of owning Avicanna security.