Verano Holdings Financials
| VRNOF Stock | USD 1.64 0.06 3.53% |
With this module, you can analyze Verano financials for your investing period. You should be able to track the changes in Verano Holdings individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Verano |
Understanding current and past Verano Holdings Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Verano Holdings' financial statements are interrelated, with each one affecting the others. For example, an increase in Verano Holdings' assets may result in an increase in income on the income statement.
The data published in Verano Holdings' official financial statements typically reflect Verano Holdings' business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Verano Holdings' quantitative information. For example, before you start analyzing numbers published by Verano accountants, it's essential to understand Verano Holdings' liquidity, profitability, and earnings quality within the context of the Healthcare space in which it operates.
Verano Holdings Stock Summary
Verano Holdings competes with Genomma Lab. Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. As of May 10, 2022, it operated 96 retail dispensaries, and 13 cultivation and processing facilities. Verano Hldgs operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 3888 people.| Instrument | USA OTC Stock View All |
| Exchange | OTCQX Exchange |
| ISIN | CA92338D1015 |
| Business Address | 415 North Dearborn |
| Sector | Healthcare |
| Industry | Drug Manufacturers—Specialty & Generic |
| Benchmark | Dow Jones Industrial |
| Website | www.verano.com |
| Phone | 312 265 0730 |
| Currency | USD - US Dollar |
Verano Holdings Key Financial Ratios
There are many critical financial ratios that Verano Holdings' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Verano Holdings Corp reports annually and quarterly.| Return On Equity | -0.0103 | |||
| Return On Asset | 0.0291 | |||
| Target Price | 42.1 | |||
| Z Score | 1.8 |
Verano Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Verano Holdings's current stock value. Our valuation model uses many indicators to compare Verano Holdings value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Verano Holdings competition to find correlations between indicators driving Verano Holdings's intrinsic value. More Info.Verano Holdings Corp is rated third in return on equity category among its peers. It is rated third 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 Verano Holdings' earnings, one of the primary drivers of an investment's value.Verano Holdings Corp Systematic Risk
Verano Holdings' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Verano Holdings 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 twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Verano Holdings Corp correlated with the market. If Beta is less than 0 Verano Holdings generally moves in the opposite direction as compared to the market. If Verano Holdings Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Verano Holdings Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Verano Holdings is generally in the same direction as the market. If Beta > 1 Verano Holdings moves generally in the same direction as, but more than the movement of the benchmark.
Verano Holdings November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Verano Holdings help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Verano Holdings Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Verano Holdings Corp based on widely used predictive technical indicators. In general, we focus on analyzing Verano OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Verano Holdings's daily price indicators and compare them against related drivers.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 39.52 | |||
| Value At Risk | (8.52) | |||
| Potential Upside | 7.42 |
Complementary Tools for Verano OTC Stock analysis
When running Verano Holdings' price analysis, check to measure Verano Holdings' 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 Verano Holdings is operating at the current time. Most of Verano Holdings' value examination focuses on studying past and present price action to predict the probability of Verano Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Verano Holdings' price. Additionally, you may evaluate how the addition of Verano Holdings to your portfolios can decrease your overall portfolio volatility.
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