Pharmadrug Stock Analysis

Pharmadrug Pink Sheet Analysis Notes

The company has price-to-book ratio of 0.55. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Pharmadrug recorded a loss per share of 0.01. The entity had not issued any dividends in recent years. The firm had 1:20 split on the 2nd of August 2016. Pharmadrug Inc. operates as a specialty pharmaceutical company. The company was formerly known as Aura Health Inc. and changed its name to Pharmadrug Inc. in October 2019. Pharmadrug operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange.The quote for Pharmadrug is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Pharmadrug contact Daniel Cohen at 647 202 1824 or learn more at https://www.pharmadrug.ca.

Pharmadrug Investment Alerts

Pharmadrug Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.97 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Pharmadrug's market, we take the total number of its shares issued and multiply it by Pharmadrug'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.

Technical Drivers

As of the 2nd of December, Pharmadrug holds the Risk Adjusted Performance of 0.0275, semi deviation of 13.89, and Coefficient Of Variation of 4255.86. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pharmadrug, as well as the relationship between them. Please check Pharmadrug coefficient of variation and the relationship between the jensen alpha and skewness to decide if Pharmadrug is priced some-what accurately, providing market reflects its current price of 0.0122 per share. As Pharmadrug appears to be a penny stock we also advise to check out its total risk alpha numbers.

Pharmadrug Price Movement Analysis

Pharmadrug Predictive Daily Indicators

Pharmadrug Forecast Models

Pharmadrug's time-series forecasting models are one of many Pharmadrug's pink sheet 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 Pharmadrug'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.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Pharmadrug 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 Pharmadrug shares will generate the highest return on investment. We also built our pink sheet 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 Pink Sheet such as Pharmadrug. By using and applying Pharmadrug Pink Sheet analysis, traders can create a robust methodology for identifying Pharmadrug entry and exit points for their positions.

When running Pharmadrug's price analysis, check to measure Pharmadrug'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 Pharmadrug is operating at the current time. Most of Pharmadrug's value examination focuses on studying past and present price action to predict the probability of Pharmadrug's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pharmadrug's price. Additionally, you may evaluate how the addition of Pharmadrug to your portfolios can decrease your overall portfolio volatility.