Veritas Farms Financials
| VFRM Stock | USD 0.0005 0.00 0.00% |
Veritas |
Understanding current and past Veritas Farms Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Veritas Farms' financial statements are interrelated, with each one affecting the others. For example, an increase in Veritas Farms' assets may result in an increase in income on the income statement.
Veritas Farms Stock Summary
Veritas Farms competes with CbdMD, Evolus, Akanda Corp, Biofrontera, and Collegium Pharmaceutical. Veritas Farms, Inc. focuses on producing, marketing, and distributing hemp oils and extracts containing phytocannabinoids. The company was formerly known as SanSal Wellness Holdings, Inc. and changed its name to Veritas Farms, Inc. in February 2019. Veritas Farms operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 44 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | US92347N2071 |
| Business Address | 1815 Griffin Road, |
| Sector | Healthcare |
| Industry | Drug Manufacturers—Specialty & Generic |
| Benchmark | Dow Jones Industrial |
| Website | www.theveritasfarms.com |
| Phone | 833 691 4367 |
| Currency | USD - US Dollar |
Veritas Farms Key Financial Ratios
There are many critical financial ratios that Veritas Farms' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Veritas Farms reports annually and quarterly.Veritas Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Veritas Farms's current stock value. Our valuation model uses many indicators to compare Veritas Farms value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Veritas Farms competition to find correlations between indicators driving Veritas Farms's intrinsic value. More Info.Veritas Farms is rated first in return on equity category among its peers. It is rated first 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 Veritas Farms' earnings, one of the primary drivers of an investment's value.Veritas Farms Systematic Risk
Veritas Farms' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Veritas Farms 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 output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Veritas Farms correlated with the market. If Beta is less than 0 Veritas Farms generally moves in the opposite direction as compared to the market. If Veritas Farms Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Veritas Farms is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Veritas Farms is generally in the same direction as the market. If Beta > 1 Veritas Farms moves generally in the same direction as, but more than the movement of the benchmark.
Veritas Farms November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Veritas Farms help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Veritas Farms. We use our internally-developed statistical techniques to arrive at the intrinsic value of Veritas Farms based on widely used predictive technical indicators. In general, we focus on analyzing Veritas Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Veritas Farms's daily price indicators and compare them against related drivers.
| Information Ratio | 0.0932 | |||
| Maximum Drawdown | 877.78 |
Other Information on Investing in Veritas Pink Sheet
Veritas Farms financial ratios help investors to determine whether Veritas Pink Sheet 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 Veritas with respect to the benefits of owning Veritas Farms security.