Groove Botanicals Stock Analysis
| GRVE Stock | USD 0 0.0005 9.26% |
Groove Botanicals is overvalued with Real Value of 0.004704 and Hype Value of 0.005163. The main objective of Groove Botanicals pink sheet analysis is to determine its intrinsic value, which is an estimate of what Groove Botanicals is worth, separate from its market price. There are two main types of Groove Botanicals' stock analysis: fundamental analysis and technical analysis.
The Groove Botanicals pink sheet is traded in the USA on PINK 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 Groove Botanicals' ongoing operational relationships across important fundamental and technical indicators.
Groove |
Groove Pink Sheet Analysis Notes
The company recorded a loss per share of 0.02. Groove Botanicals had not issued any dividends in recent years. The entity had 1:300 split on the 23rd of July 2012. The company was formerly known as Avalon Oil Gas, Inc. and changed its name to Groove Botanicals, Inc. in May 2018. Groove Botanicals operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 1 people.The quote for Groove Botanicals is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To learn more about Groove Botanicals call Kent Rodriguez at 612 315 5068 or check out https://groovebotanicals.com.Groove Botanicals Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more pink sheets at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Groove Botanicals' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Groove Botanicals or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| Groove Botanicals generated a negative expected return over the last 90 days | |
| Groove Botanicals has high historical volatility and very poor performance | |
| Groove Botanicals has some characteristics of a very speculative penny stock | |
| Groove Botanicals currently holds 169.2 K in liabilities with Debt to Equity (D/E) ratio of 9.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Groove Botanicals has a current ratio of 0.08, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Groove Botanicals until it has trouble settling it off, either with new capital or with free cash flow. So, Groove Botanicals' 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 Groove Botanicals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Groove to invest in growth at high rates of return. When we think about Groove Botanicals' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 8.05 K. Net Loss for the year was (290.46 K) with profit before overhead, payroll, taxes, and interest of 8.05 K. | |
| Groove Botanicals currently holds about 99.38 K in cash with (72.91 K) of positive cash flow from operations. |
Groove Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.73 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Groove Botanicals's market, we take the total number of its shares issued and multiply it by Groove Botanicals'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 24th of November, Groove Botanicals retains the Market Risk Adjusted Performance of (2.69), standard deviation of 6.92, and Risk Adjusted Performance of (0.11). Groove Botanicals technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Groove Botanicals total risk alpha and kurtosis to decide if Groove Botanicals is priced fairly, providing market reflects its last-minute price of 0.0049 per share. As Groove Botanicals appears to be a penny stock we also urge to confirm its jensen alpha numbers.Groove Botanicals Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Groove Botanicals 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 Groove Botanicals. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Groove Botanicals Predictive Daily Indicators
Groove Botanicals 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 Groove Botanicals pink sheet 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.
| Accumulation Distribution | 0.35 | |||
| Daily Balance Of Power | (0.29) | |||
| Rate Of Daily Change | 0.91 | |||
| Day Median Price | 0.0041 | |||
| Day Typical Price | 0.0043 | |||
| Market Facilitation Index | 0.0017 | |||
| Price Action Indicator | 6.0E-4 | |||
| Period Momentum Indicator | (0.0005) | |||
| Relative Strength Index | 0.13 |
Groove Botanicals Forecast Models
Groove Botanicals' time-series forecasting models are one of many Groove Botanicals' pink sheet 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 Groove Botanicals' 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 Groove Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Groove Botanicals 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 Groove shares will generate the highest return on investment. We also built our pink sheet 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 Pink Sheet such as Groove Botanicals. By using and applying Groove Pink Sheet analysis, traders can create a robust methodology for identifying Groove entry and exit points for their positions.
The company was formerly known as Avalon Oil Gas, Inc. and changed its name to Groove Botanicals, Inc. in May 2018. Groove Botanicals operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 1 people.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding Groove Botanicals to your portfolios without increasing risk or reducing expected return.Did you try this?
Run Economic Indicators Now
Economic IndicatorsTop statistical indicators that provide insights into how an economy is performing |
| All Next | Launch Module |
Complementary Tools for Groove Pink Sheet analysis
When running Groove Botanicals' price analysis, check to measure Groove Botanicals' 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 Groove Botanicals is operating at the current time. Most of Groove Botanicals' value examination focuses on studying past and present price action to predict the probability of Groove Botanicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Groove Botanicals' price. Additionally, you may evaluate how the addition of Groove Botanicals to your portfolios can decrease your overall portfolio volatility.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |