Akanda Corp Stock Buy Hold or Sell Recommendation
| AKAN Stock | USD 1.36 0.02 1.49% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Akanda Corp is 'Cautious Hold'. The recommendation algorithm takes into account all of Akanda Corp's available fundamental, technical, and predictive indicators you will find on this site.
Check out Akanda Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Akanda Stock, please use our How to Invest in Akanda Corp guide. In addition, we conduct extensive research on individual companies such as Akanda and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Akanda Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Akanda |
Execute Akanda Corp Buy or Sell Advice
The Akanda recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Akanda Corp. Macroaxis does not own or have any residual interests in Akanda Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Akanda Corp's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Akanda Corp Trading Alerts and Improvement Suggestions
| Akanda Corp generated a negative expected return over the last 90 days | |
| Akanda Corp may become a speculative penny stock | |
| Akanda Corp has high historical volatility and very poor performance | |
| Akanda Corp has a very high chance of going through financial distress in the upcoming years | |
| Akanda Corp currently holds 4 M in liabilities with Debt to Equity (D/E) ratio of 0.03, which may suggest the company is not taking enough advantage from borrowing. Akanda Corp has a current ratio of 0.47, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Akanda Corp's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 2.16 M. Net Loss for the year was (32.28 M) with profit before overhead, payroll, taxes, and interest of 3.27 M. | |
| Akanda Corp generates negative cash flow from operations |
Akanda Corp Returns Distribution Density
The distribution of Akanda Corp's historical returns is an attempt to chart the uncertainty of Akanda Corp's future price movements. The chart of the probability distribution of Akanda Corp daily returns describes the distribution of returns around its average expected value. We use Akanda Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Akanda Corp returns is essential to provide solid investment advice for Akanda Corp.
| Mean Return | -0.9 | Value At Risk | -7.22 | Potential Upside | 4.55 | Standard Deviation | 4.31 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Akanda Corp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Akanda Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Akanda Corp, soars without any apparent reason. This usually happens because many institutional investors are aggressively trading Akanda Corp back and forth among themselves. Companies that invest excess capital in these types of assets may also be included in this term and can influence corporate governance by exercising voting rights in their investments.
| Shares | Tower Research Capital Llc | 2024-06-30 | 4.1 K | Virtu Financial Llc | 2024-06-30 | 0.0 | Ubs Group Ag | 2024-06-30 | 0.0 | Citadel Advisors Llc | 2024-06-30 | 0.0 | Hrt Financial Llc | 2024-06-30 | 0.0 |
Akanda Corp Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Akanda Corp or Biotechnology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Akanda Corp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Akanda stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -1.08 | |
β | Beta against Dow Jones | 1.47 | |
σ | Overall volatility | 4.30 | |
Ir | Information ratio | -0.24 |
Akanda Corp Volatility Alert
Akanda Corp exhibits very low volatility with skewness of 0.47 and kurtosis of 1.17. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Akanda Corp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Akanda Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Akanda Corp Fundamentals Vs Peers
Comparing Akanda Corp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Akanda Corp's direct or indirect competition across all of the common fundamentals between Akanda Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Akanda Corp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Akanda Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Akanda Corp by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Akanda Corp to competition |
| Fundamentals | Akanda Corp | Peer Average |
| Return On Equity | -2.43 | -0.31 |
| Return On Asset | -0.26 | -0.14 |
| Operating Margin | (4.93) % | (5.51) % |
| Current Valuation | (3.7 M) | 16.62 B |
| Shares Outstanding | 1.43 M | 571.82 M |
| Shares Owned By Insiders | 1.65 % | 10.09 % |
| Shares Owned By Institutions | 0.45 % | 39.21 % |
| Number Of Shares Shorted | 104.18 K | 4.71 M |
| Price To Book | 0.42 X | 9.51 X |
| Price To Sales | 0.77 X | 11.42 X |
| Revenue | 2.16 M | 9.43 B |
| Gross Profit | 3.27 M | 27.38 B |
| EBITDA | (27.74 M) | 3.9 B |
| Net Income | (32.28 M) | 570.98 M |
| Total Debt | 4 M | 5.32 B |
| Debt To Equity | 0.03 % | 48.70 % |
| Current Ratio | 0.48 X | 2.16 X |
| Book Value Per Share | 3.52 X | 1.93 K |
| Cash Flow From Operations | (1.5 M) | 971.22 M |
| Short Ratio | 0.06 X | 4.00 X |
| Earnings Per Share | (524.76) X | 3.12 X |
| Beta | 1.52 | -0.15 |
| Market Capitalization | 1.94 M | 19.03 B |
| Total Asset | 8.84 M | 29.47 B |
| Retained Earnings | (53.36 M) | 9.33 B |
| Working Capital | (8.37 M) | 1.48 B |
| Net Asset | 8.84 M |
Akanda Corp Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Akanda . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Akanda Corp Buy or Sell Advice
When is the right time to buy or sell Akanda Corp? Buying financial instruments such as Akanda Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Akanda Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Akanda Stock, please use our How to Invest in Akanda Corp guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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.