Marijuana Stock Movers For July 17, 2023
NEPTDelisted Stock | USD 0.13 0.01 7.14% |
Slightly above 62% of Neptune Wellness' investor base is looking to short. The analysis of current outlook of investing in Neptune Wellness Solutions suggests that many traders are alarmed regarding Neptune Wellness' prospects. Neptune Wellness' investing sentiment can be driven by a variety of factors including economic data, Neptune Wellness' earnings reports, geopolitical events, and overall market trends.
Neptune |
Read at benzinga.com
Neptune Wellness Fundamental Analysis
We analyze Neptune Wellness' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Neptune Wellness using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Neptune Wellness based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Valuation
Current Valuation Comparative Analysis
Neptune Wellness is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Neptune Wellness Sol Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Neptune Wellness stock to make a market-neutral strategy. Peer analysis of Neptune Wellness could also be used in its relative valuation, which is a method of valuing Neptune Wellness by comparing valuation metrics with similar companies.
Peers
Neptune Wellness Related Equities
FLGC | Flora Growth | 10.83 | ||||
ESPR | Esperion Therapeutics | 10.24 | ||||
IMCC | Im Cannabis | 8.13 | ||||
CPHI | China Pharma | 5.26 | ||||
SBFM | Sunshine Biopharma | 4.76 | ||||
UPC | Universe Pharmaceuticals | 3.49 | ||||
AKAN | Akanda Corp | 2.94 | ||||
TKNO | Alpha Teknova | 1.63 | ||||
SGIOY | Shionogi | 0.72 | ||||
CLVR | Clever Leaves | 0.00 | ||||
PAHC | Phibro Animal | 0.93 | ||||
SXTC | China SXT | 2.44 | ||||
SNOA | Sonoma Pharmaceuticals | 4.45 | ||||
BFRI | Biofrontera | 9.09 |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Other Consideration for investing in Neptune Stock
If you are still planning to invest in Neptune Wellness Sol check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Neptune Wellness' history and understand the potential risks before investing.
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |