Flora Growth Corp Stock Alpha and Beta Analysis
| FLGC Stock | USD 1.74 0.17 10.83% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Flora Growth Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Flora Growth over a specified time horizon. Remember, high Flora Growth's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Flora Growth's market risk premium analysis include:
Beta 0.0057 | Alpha 1.08 | Risk 8.54 | Sharpe Ratio 0.14 | Expected Return 1.23 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Flora |
Flora Growth Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Flora Growth market risk premium is the additional return an investor will receive from holding Flora Growth long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Flora Growth. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Flora Growth's performance over market.| α | 1.08 | β | 0.01 |
Flora Growth expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Flora Growth's Buy-and-hold return. Our buy-and-hold chart shows how Flora Growth performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Flora Growth Market Price Analysis
Market price analysis indicators help investors to evaluate how Flora Growth stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Flora Growth shares will generate the highest return on investment. By understating and applying Flora Growth stock market price indicators, traders can identify Flora Growth position entry and exit signals to maximize returns.
Flora Growth Return and Market Media
The median price of Flora Growth for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 is 1.39 with a coefficient of variation of 21.33. The daily time series for the period is distributed with a sample standard deviation of 0.3, arithmetic mean of 1.41, and mean deviation of 0.25. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Acquisition by Wolkin Harold of 5000 shares of Flora Growth at 0.962 subject to Rule 16b-3 | 09/06/2024 |
2 | Acquisition by Clifford Starke of 6795 shares of Flora Growth at 0.95 subject to Rule 16b-3 | 09/13/2024 |
3 | Flora Growth Corp. Announces Exclusive Distribution Agreement with Canapuff for Vessel Brand in the Czech Republic | 09/24/2024 |
4 | HempNewsBreaks Flora Growth Corp. Notes Pivotal Moment with Changes in Germanys Industrial Hemp Legislation | 10/09/2024 |
5 | Nasdaq-Listed Cannabis Company Eyes Germanys New Hemp Legislation With Intense Interest | 10/10/2024 |
6 | Flora Growth Corp. Appoints Omar Sharif Jr. as Special Advisor, Strengthening Commitment to Diversity and Social Advocacy | 10/16/2024 |
7 | Flora Growth Corp. Provides Update on Hoshi Investment in Portugal | 10/23/2024 |
8 | Flora Growth Corp. Expands Beverage Portfolio with THC-Infused Cola Targeting 220 Million Beverage Market | 10/28/2024 |
9 | Flora Growth Inks Medical Marijuana Supply Agreement With Curaleaf | 11/04/2024 |
10 | Flora Growth Corp. Congratulates President-Elect Donald Trump, Calls for Immediate Action on Cannabis Reform | 11/06/2024 |
11 | Flora Growth Quarterly Revenue Falls 28 percent YoY As Expenses Rise | 11/15/2024 |
12 | Flora Unveils Element, Revolutionizing Glass Bubbler | 11/21/2024 |
13 | Aegis Begins Coverage on Flora Growth | 11/29/2024 |
About Flora Growth Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Flora or other stocks. Alpha measures the amount that position in Flora Growth Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 2.71 | 2.91 | 11.41 | 11.98 | Days Of Inventory On Hand | 168.72 | 161.82 | 53.24 | 50.57 |
Flora Growth Upcoming Company Events
As portrayed in its financial statements, the presentation of Flora Growth's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Flora Growth's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Flora Growth's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Flora Growth. Please utilize our Beneish M Score to check the likelihood of Flora Growth's management manipulating its earnings.
| 29th of March 2024 Upcoming Quarterly Report | View | |
| 20th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 29th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Flora Growth
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Check out Flora Growth Backtesting, Flora Growth Valuation, Flora Growth Correlation, Flora Growth Hype Analysis, Flora Growth Volatility, Flora Growth History and analyze Flora Growth Performance. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Flora Growth technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.