Drone Delivery Canada Stock Price on July 13, 2023
| FLT Stock | CAD 0.12 0.01 7.69% |
Below is the normalized historical share price chart for Drone Delivery Canada extending back to January 02, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Drone Delivery stands at 0.12, as last reported on the 23rd of November, with the highest price reaching 0.14 and the lowest price hitting 0.12 during the day.
If you're considering investing in Drone Stock, it is important to understand the factors that can impact its price. Drone Delivery Canada secures Sharpe Ratio (or Efficiency) of -0.0895, which denotes the company had a -0.0895% return per unit of risk over the last 3 months. Drone Delivery Canada exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Drone Delivery's Variance of 28.9, standard deviation of 5.38, and Mean Deviation of 3.25 to check the risk estimate we provide.
At this time, Drone Delivery's Total Stockholder Equity is fairly stable compared to the past year. Common Stock is likely to climb to about 116.3 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 123.8 M in 2024. . Price To Sales Ratio is likely to drop to 0.92 in 2024. Price Earnings Ratio is likely to drop to -3.74 in 2024. Drone Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.2017 | 50 Day MA 0.1688 | Beta 0.945 |
Drone |
Sharpe Ratio = -0.0895
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Estimated Market Risk
| 5.46 actual daily | 48 52% of assets are more volatile |
Expected Return
| -0.49 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Drone Delivery is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Drone Delivery by adding Drone Delivery to a well-diversified portfolio.
Price Book 56.8624 | Enterprise Value Ebitda (8.39) | Price Sales 1.7296 | Shares Float 106.5 M | Wall Street Target Price 0.38 |
Drone Delivery Valuation on July 13, 2023
It is possible to determine the worth of Drone Delivery on a given historical date. On July 13, 2023 Drone was worth 0.38 at the beginning of the trading date compared to the closed value of 0.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Drone Delivery stock. Still, in general, we apply an absolute valuation method to find Drone Delivery's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Drone Delivery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Drone Delivery's related companies.
| Open | High | Low | Close | Volume | |
| 0.38 | 0.38 | 0.37 | 0.38 | 43,800 | |
07/13/2023 | 0.38 | 0.38 | 0.37 | 0.37 | 57,020 |
| 0.38 | 0.38 | 0.37 | 0.37 | 85,239 |
| Backtest Drone Delivery | | | Drone Delivery History | | | Drone Delivery Valuation | Previous | Next |
Drone Delivery Trading Date Momentum on July 13, 2023
| On July 14 2023 Drone Delivery Canada was traded for 0.37 at the closing time. The highest daily price throughout the period was 0.38 and the lowest price was 0.37 . The daily volume was 85.2 K. The net trading volume on 07/14/2023 did not affect price variability. The overall trading delta to current closing price is 2.70% . |
Drone Delivery Canada Fundamentals Correlations and Trends
By evaluating Drone Delivery's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Drone Delivery's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Drone financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Drone Delivery Stock history
Drone Delivery investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Drone is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Drone Delivery Canada will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Drone Delivery stock prices may prove useful in developing a viable investing in Drone Delivery
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 224.2 M | 123.8 M | |
| Net Loss | -12.1 M | -12.7 M |
Drone Delivery Stock Technical Analysis
Drone Delivery technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Drone Delivery Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Drone Delivery Canada cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Drone Delivery November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Drone Delivery stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Drone Delivery shares will generate the highest return on investment. By undertsting and applying Drone Delivery stock market strength indicators, traders can identify Drone Delivery Canada entry and exit signals to maximize returns
Drone Delivery Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Drone Delivery's price direction in advance. Along with the technical and fundamental analysis of Drone Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Drone to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (1.33) | |||
| Treynor Ratio | 3.71 |
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Additional Tools for Drone Stock Analysis
When running Drone Delivery's price analysis, check to measure Drone Delivery's 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 Drone Delivery is operating at the current time. Most of Drone Delivery's value examination focuses on studying past and present price action to predict the probability of Drone Delivery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Drone Delivery's price. Additionally, you may evaluate how the addition of Drone Delivery to your portfolios can decrease your overall portfolio volatility.