Akanda Ebit Per Revenue from 2010 to 2024
| AKAN Stock | USD 1.70 0.08 4.94% |
Ebit Per Revenue | First Reported 2010-12-31 | Previous Quarter (4.65) | Current Value (4.89) | Quarterly Volatility 350.88615153 |
Check Akanda Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Akanda Corp's main balance sheet or income statement drivers, such as Interest Income of 37.05, Depreciation And Amortization of 4.5 M or Interest Expense of 416.5 K, as well as many indicators such as Price To Sales Ratio of 68.16, Dividend Yield of 0.0 or Days Sales Outstanding of 45.67. Akanda financial statements analysis is a perfect complement when working with Akanda Corp Valuation or Volatility modules.
Akanda | Ebit Per Revenue |
Latest Akanda Corp's Ebit Per Revenue Growth Pattern
Below is the plot of the Ebit Per Revenue of Akanda Corp over the last few years. It is Akanda Corp's Ebit Per Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Akanda Corp's overall financial position and show how it may be relating to other accounts over time.
| Ebit Per Revenue | 10 Years Trend |
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Ebit Per Revenue |
| Timeline |
Akanda Ebit Per Revenue Regression Statistics
| Arithmetic Mean | (604.59) | |
| Coefficient Of Variation | (58.04) | |
| Mean Deviation | 298.15 | |
| Median | (807.87) | |
| Standard Deviation | 350.89 | |
| Sample Variance | 123,121 | |
| Range | 803 | |
| R-Value | 0.77 | |
| Mean Square Error | 53,077 | |
| R-Squared | 0.60 | |
| Significance | 0.0007 | |
| Slope | 60.76 | |
| Total Sum of Squares | 1.7M |
Akanda Ebit Per Revenue History
About Akanda Corp Financial Statements
Akanda Corp investors utilize fundamental indicators, such as Ebit Per Revenue, to predict how Akanda Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Ebit Per Revenue | (4.65) | (4.89) |
Pair Trading with Akanda Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Akanda Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Akanda Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Akanda Stock
| 0.78 | FDMT | 4D Molecular Therapeutics | PairCorr |
| 0.83 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.95 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
Moving against Akanda Stock
| 0.88 | BMY | Bristol Myers Squibb Aggressive Push | PairCorr |
| 0.81 | NAMS | NewAmsterdam Pharma | PairCorr |
| 0.67 | PMVP | Pmv Pharmaceuticals | PairCorr |
| 0.64 | PHVS | Pharvaris BV | PairCorr |
| 0.49 | PLRX | Pliant Therapeutics | PairCorr |
The ability to find closely correlated positions to Akanda Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Akanda Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Akanda Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Akanda Corp to buy it.
The correlation of Akanda Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Akanda Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Akanda Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Akanda Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Akanda Corp Correlation against competitors. To learn how to invest in Akanda Stock, please use our How to Invest in Akanda Corp guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Akanda Corp. If investors know Akanda will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Akanda Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (524.76) | Revenue Per Share 9.388 | Quarterly Revenue Growth 2.705 | Return On Assets (0.26) | Return On Equity (2.43) |
The market value of Akanda Corp is measured differently than its book value, which is the value of Akanda that is recorded on the company's balance sheet. Investors also form their own opinion of Akanda Corp's value that differs from its market value or its book value, called intrinsic value, which is Akanda Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Akanda Corp's market value can be influenced by many factors that don't directly affect Akanda Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Akanda Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Akanda Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akanda Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.