Cannabix Technologies Financials
| BLOZF Stock | USD 0.27 0.02 6.90% |
Cannabix |
Understanding current and past Cannabix Technologies Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cannabix Technologies' financial statements are interrelated, with each one affecting the others. For example, an increase in Cannabix Technologies' assets may result in an increase in income on the income statement.
Cannabix Technologies Stock Summary
Cannabix Technologies competes with Bone Biologics, and Tenon Medical. Cannabix Technologies Inc., a technology company, develops marijuana breathalyzer for employers, law enforcement, governments, and public in North America. Cannabix Technologies Inc. was incorporated in 2011 and is based in Burnaby, Canada. Cannabix Technologies operates under Medical Devices classification in the United States and is traded on OTC Exchange.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | CA13765L1013 |
| Business Address | 3292 Production Way, |
| Sector | Healthcare |
| Industry | Medical Devices |
| Benchmark | Dow Jones Industrial |
| Website | cannabixtechnologies.com |
| Phone | 604 551 7831 |
| Currency | USD - US Dollar |
Cannabix Technologies Key Financial Ratios
There are many critical financial ratios that Cannabix Technologies' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Cannabix Technologies reports annually and quarterly.Cannabix Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cannabix Technologies's current stock value. Our valuation model uses many indicators to compare Cannabix Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cannabix Technologies competition to find correlations between indicators driving Cannabix Technologies's intrinsic value. More Info.Cannabix Technologies is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Cannabix Technologies' earnings, one of the primary drivers of an investment's value.Cannabix Technologies Systematic Risk
Cannabix Technologies' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cannabix Technologies volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Cannabix Technologies correlated with the market. If Beta is less than 0 Cannabix Technologies generally moves in the opposite direction as compared to the market. If Cannabix Technologies Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cannabix Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cannabix Technologies is generally in the same direction as the market. If Beta > 1 Cannabix Technologies moves generally in the same direction as, but more than the movement of the benchmark.
Cannabix Technologies November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Cannabix Technologies help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cannabix Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cannabix Technologies based on widely used predictive technical indicators. In general, we focus on analyzing Cannabix Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cannabix Technologies's daily price indicators and compare them against related drivers.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 21.18 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 3.13 |
Complementary Tools for Cannabix Pink Sheet analysis
When running Cannabix Technologies' price analysis, check to measure Cannabix Technologies' 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 Cannabix Technologies is operating at the current time. Most of Cannabix Technologies' value examination focuses on studying past and present price action to predict the probability of Cannabix Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cannabix Technologies' price. Additionally, you may evaluate how the addition of Cannabix Technologies to your portfolios can decrease your overall portfolio volatility.
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