Drone Delivery Canada - Delisted Stock
Drone Delivery is trading at 39.00 as of the 22nd of November 2024, a 0.05% down since the beginning of the trading day. The stock's open price was 39.02. Equity ratings for Drone Delivery Canada are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Valuation
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Drone Delivery Canada Risk Profiles
Although Drone Delivery's alpha and beta are two of the key measurements used to evaluate Drone Delivery's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 0.9205 | |||
Semi Deviation | 1.02 | |||
Standard Deviation | 1.18 | |||
Variance | 1.4 |
Drone Delivery Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Drone Delivery stock to make a market-neutral strategy. Peer analysis of Drone Delivery could also be used in its relative valuation, which is a method of valuing Drone Delivery by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Drone Delivery Corporate Directors
Frederico Curado | Non-Executive Member of the Board of Directors | Profile | |
Jennifer Li | Non-Executive Independent Director | Profile | |
David Constable | Non-Executive Member of the Board of Directors | Profile | |
Gunnar Brock | Non-Executive Independent Director | Profile |
Still Interested in Drone Delivery Canada?
Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Other Consideration for investing in Drone Stock
If you are still planning to invest in Drone Delivery Canada check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Drone Delivery's history and understand the potential risks before investing.
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