Avicanna Stock Analysis
| AVCNF Stock | USD 0.18 0.01 5.26% |
Avicanna is overvalued with Real Value of 0.17 and Hype Value of 0.18. The main objective of Avicanna otc analysis is to determine its intrinsic value, which is an estimate of what Avicanna is worth, separate from its market price. There are two main types of Avicanna's stock analysis: fundamental analysis and technical analysis.
The Avicanna otc stock is traded in the USA on OTCQX Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Avicanna's ongoing operational relationships across important fundamental and technical indicators.
Avicanna |
Avicanna OTC Stock Analysis Notes
About 23.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.26. Avicanna had not issued any dividends in recent years. Avicanna Inc., a commercial-stage biopharmaceutical company, engages in the research and development of evidence-based products for consumer medical and pharmaceutical segments worldwide. Avicanna Inc. was incorporated in 2016 and is headquartered in Toronto, Canada. Avicanna operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 124 people.The quote for Avicanna is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. For more info on Avicanna please contact Mba BEcon at 647 243 5283 or go to https://www.avicanna.com.Avicanna Investment Alerts
| Avicanna had very high historical volatility over the last 90 days | |
| Avicanna has some characteristics of a very speculative penny stock | |
| Avicanna has accumulated 415.83 K in total debt with debt to equity ratio (D/E) of 0.31, which is about average as compared to similar companies. Avicanna has a current ratio of 0.88, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Avicanna until it has trouble settling it off, either with new capital or with free cash flow. So, Avicanna's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Avicanna sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Avicanna to invest in growth at high rates of return. When we think about Avicanna's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 3.27 M. Net Loss for the year was (16.77 M) with profit before overhead, payroll, taxes, and interest of 2.83 M. | |
| Avicanna has accumulated about 685.94 K in cash with (11.66 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 23.0% of Avicanna shares are held by company insiders |
Avicanna Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 22.99 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Avicanna's market, we take the total number of its shares issued and multiply it by Avicanna's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Technical Drivers
As of the 31st of January, Avicanna shows the Downside Deviation of 11.82, mean deviation of 4.86, and Risk Adjusted Performance of 0.0219. Avicanna technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Avicanna, which can be compared to its peers. Please confirm Avicanna variance, as well as the relationship between the maximum drawdown and semi variance to decide if Avicanna is priced correctly, providing market reflects its regular price of 0.18 per share. As Avicanna appears to be a penny stock we also recommend to validate its total risk alpha numbers.Avicanna Price Movement Analysis
The output start index for this execution was fourty-four with a total number of output elements of seventeen. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Avicanna middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Avicanna. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Avicanna Predictive Daily Indicators
Avicanna intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Avicanna otc stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Avicanna Forecast Models
Avicanna's time-series forecasting models are one of many Avicanna's otc stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Avicanna's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Avicanna OTC Stock Analysis
OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Avicanna prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Avicanna shares will generate the highest return on investment. We also built our otc analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual OTC such as Avicanna. By using and applying Avicanna OTC Stock analysis, traders can create a robust methodology for identifying Avicanna entry and exit points for their positions.
Avicanna Inc., a commercial-stage biopharmaceutical company, engages in the research and development of evidence-based products for consumer medical and pharmaceutical segments worldwide. Avicanna Inc. was incorporated in 2016 and is headquartered in Toronto, Canada. Avicanna operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 124 people.
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Complementary Tools for Avicanna OTC Stock analysis
When running Avicanna's price analysis, check to measure Avicanna'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 Avicanna is operating at the current time. Most of Avicanna's value examination focuses on studying past and present price action to predict the probability of Avicanna's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avicanna's price. Additionally, you may evaluate how the addition of Avicanna to your portfolios can decrease your overall portfolio volatility.
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