Velan Inc Stock Analysis

Velan Pink Sheet Analysis Notes

About 29.0% of the company outstanding shares are owned by insiders. The company has Price to Book (P/B) ratio of 0.53. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Velan Inc recorded a loss per share of 0.98. The entity last dividend was issued on the 16th of June 2022. Velan Inc. designs, manufactures, and markets industrial valves worldwide. Velan Inc. was founded in 1950 and is headquartered in Montral, Canada. Velan operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 1658 people.The quote for Velan Inc is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. For more information please call Bruno Carbonaro at 514 748 7743 or visit https://www.velan.com.

Velan Inc Investment Alerts

Velan Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 204.3 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Velan's market, we take the total number of its shares issued and multiply it by Velan'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.

Velan Profitablity

The company has Profit Margin (PM) of (0.09) %, 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 0.07 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.07.

Technical Drivers

As of the 4th of December, Velan has the Coefficient Of Variation of 496.59, semi deviation of 1.33, and Risk Adjusted Performance of 0.1619. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Velan Inc, as well as the relationship between them. Please validate Velan Inc standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Velan is priced more or less accurately, providing market reflects its prevalent price of 7.74 per share. Given that Velan Inc has jensen alpha of 0.9028, we advise you to double-check Velan Inc's current market performance to make sure the company can sustain itself at a future point.

Velan Inc Price Movement Analysis

Velan Predictive Daily Indicators

Velan Forecast Models

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

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Velan 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 Velan 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 Velan. By using and applying Velan Pink Sheet analysis, traders can create a robust methodology for identifying Velan entry and exit points for their positions.

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