Simply Better Brands Stock Analysis

Simply Stock Analysis Notes

About 21.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.18. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Simply Better Brands recorded a loss per share of 0.5. The entity last dividend was issued on the 10th of December 2020. The firm had 3:1 split on the 2nd of March 2021. PureK Holdings Corp. manufactures and sells hemp-based cannabidiol related products in the United States. The company was founded in 2017 and is headquartered in Paradise Valley, Arizona. SIMPLY BETTER operates under Drug ManufacturersSpecialty Generic classification in Exotistan and is traded on Commodity Exchange. To find out more about Simply Better Brands contact Kathy Casey at 855 553 7441 or learn more at https://www.simplybetterbrands.com.

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Simply Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 87.53 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Simply Better's market, we take the total number of its shares issued and multiply it by Simply Better'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.

Simply Profitablity

The company has Profit Margin (PM) of (0.14) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.1) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.1.

Management Efficiency

Simply Better Brands has return on total asset (ROA) of (0.2125) % which means that it has lost $0.2125 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (9.6162) %, meaning that it generated substantial loss on money invested by shareholders. Simply Better's management efficiency ratios could be used to measure how well Simply Better manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to climb to 1.55 in 2024, despite the fact that Return On Tangible Assets are likely to grow to (1.63). At this time, Simply Better's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 9.4 M in 2024, whereas Other Current Assets are likely to drop slightly above 2.2 M in 2024.

Technical Drivers

As of the 25th of November, Simply Better has the Coefficient Of Variation of 526.98, risk adjusted performance of 0.1539, and Semi Deviation of 2.92. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Simply Better Brands, as well as the relationship between them. Please validate Simply Better Brands jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if Simply Better is priced more or less accurately, providing market reflects its prevalent price of 0.95 per share.

Simply Better Brands Price Movement Analysis

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Simply Better Forecast Models

Simply Better's time-series forecasting models are one of many Simply Better'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 Simply Better'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 Simply Better 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 Simply 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 Simply Better. By using and applying Simply Stock analysis, traders can create a robust methodology for identifying Simply entry and exit points for their positions.

When running Simply Better's price analysis, check to measure Simply Better'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 Simply Better is operating at the current time. Most of Simply Better's value examination focuses on studying past and present price action to predict the probability of Simply Better's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Simply Better's price. Additionally, you may evaluate how the addition of Simply Better to your portfolios can decrease your overall portfolio volatility.