Auxly Cannabis Group Stock Filter Stocks by Fundamentals
| CBWTF Stock | USD 0.04 0 7.14% |
Auxly Cannabis Group fundamentals help investors to digest information that contributes to Auxly Cannabis' financial success or failures. It also enables traders to predict the movement of Auxly OTC Stock. The fundamental analysis module provides a way to measure Auxly Cannabis' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Auxly Cannabis otc stock.
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Auxly Fundamentals
| Return On Equity | -0.81 | |||
| Return On Asset | -0.0868 | |||
| Profit Margin | (1.34) % | |||
| Operating Margin | (0.52) % | |||
| Current Valuation | 146.85 M | |||
| Shares Outstanding | 913.01 M | |||
| Shares Owned By Insiders | 21.04 % | |||
| Shares Owned By Institutions | 3.18 % | |||
| Price To Book | 0.18 X | |||
| Price To Sales | 0.16 X | |||
| Revenue | 83.83 M | |||
| Gross Profit | 19.29 M | |||
| EBITDA | (18.3 M) | |||
| Net Income | (33.74 M) | |||
| Cash And Equivalents | 20.53 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 151.36 M | |||
| Debt To Equity | 1.20 % | |||
| Current Ratio | 2.58 X | |||
| Book Value Per Share | 0.12 X | |||
| Cash Flow From Operations | (49.63 M) | |||
| Earnings Per Share | (0.06) X | |||
| Number Of Employees | 558 | |||
| Beta | 0.77 | |||
| Market Capitalization | 14.61 M | |||
| Total Asset | 450.42 M | |||
| Net Asset | 450.42 M |
About Auxly Cannabis Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Auxly Cannabis Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Auxly Cannabis using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Auxly Cannabis Group based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Auxly Cannabis in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Auxly Cannabis' short interest history, or implied volatility extrapolated from Auxly Cannabis options trading.
Pair Trading with Auxly Cannabis
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Auxly Cannabis position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Auxly Cannabis will appreciate offsetting losses from the drop in the long position's value.Moving against Auxly OTC Stock
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| 0.74 | JNJ | Johnson Johnson Aggressive Push | PairCorr |
| 0.73 | INTC | Intel Financial Report 25th of July 2024 | PairCorr |
The ability to find closely correlated positions to Auxly Cannabis could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Auxly Cannabis when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Auxly Cannabis - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Auxly Cannabis Group to buy it.
The correlation of Auxly Cannabis is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Auxly Cannabis moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Auxly Cannabis Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Auxly Cannabis can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Auxly Cannabis Group. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Auxly OTC Stock analysis
When running Auxly Cannabis' price analysis, check to measure Auxly Cannabis' 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 Auxly Cannabis is operating at the current time. Most of Auxly Cannabis' value examination focuses on studying past and present price action to predict the probability of Auxly Cannabis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Auxly Cannabis' price. Additionally, you may evaluate how the addition of Auxly Cannabis to your portfolios can decrease your overall portfolio volatility.
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