Draganfly Stock Analysis

Draganfly Stock Analysis Notes

The book value of the company was currently reported as 0.21. The company recorded a loss per share of 3.79. Draganfly had not issued any dividends in recent years. The entity had 1:25 split on the 5th of September 2024. Draganfly Inc. manufactures and sells commercial unmanned aerial vehicles worldwide. The company was founded in 1998 and is headquartered in Saskatoon, Canada. Draganfly is traded on NASDAQ Exchange in the United States. To learn more about Draganfly call Cameron Chell at 800 979 9794 or check out https://www.draganfly.com.

Draganfly Investment Alerts

Draganfly Upcoming and Recent Events

Draganfly Largest EPS Surprises

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Draganfly Environmental, Social, and Governance (ESG) Scores

Draganfly Thematic Classifications

Draganfly Stock Institutional Investors

Note, although Draganfly's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Draganfly Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 8.84 M.

Draganfly Profitablity

Management Efficiency

Draganfly has return on total asset (ROA) of (0.8562) % which means that it has lost $0.8562 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (6.0691) %, meaning that it created substantial loss on money invested by shareholders. Draganfly's management efficiency ratios could be used to measure how well Draganfly manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Tangible Assets is likely to drop to -3. In addition to that, Return On Capital Employed is likely to grow to -25.18. At this time, Draganfly's Total Current Assets are very stable compared to the past year. As of the 22nd of November 2024, Total Assets is likely to grow to about 13.9 M, while Net Tangible Assets are likely to drop about 6.4 M.

Technical Drivers

As of the 22nd of November, Draganfly shows the Mean Deviation of 5.59, coefficient of variation of (2,698), and Standard Deviation of 7.53. Draganfly technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Draganfly Price Movement Analysis

Draganfly Predictive Daily Indicators

Draganfly Corporate Filings

Draganfly Forecast Models

Draganfly's time-series forecasting models are one of many Draganfly's 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 Draganfly'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.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Draganfly 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 Draganfly shares will generate the highest return on investment. We also built our stock 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 Stock such as Draganfly. By using and applying Draganfly Stock analysis, traders can create a robust methodology for identifying Draganfly entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Draganfly analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Draganfly analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Draganfly stock analysis indicators help investors evaluate how Draganfly stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Draganfly shares will generate the highest return on investment. By understating and applying Draganfly stock analysis, traders can identify Draganfly position entry and exit signals to maximize returns.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Draganfly. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Draganfly Stock, please use our How to Invest in Draganfly guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Is Industrial Machinery & Supplies & Components 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 Draganfly. If investors know Draganfly 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 Draganfly listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Draganfly is measured differently than its book value, which is the value of Draganfly that is recorded on the company's balance sheet. Investors also form their own opinion of Draganfly's value that differs from its market value or its book value, called intrinsic value, which is Draganfly'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 Draganfly's market value can be influenced by many factors that don't directly affect Draganfly'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 Draganfly's value and its price as these two are different measures arrived at by different means. Investors typically determine if Draganfly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Draganfly'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.