Cannlabs Financials
| CANL Stock | USD 0.0001 0.00 0.00% |
Cannlabs |
Understanding current and past Cannlabs Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cannlabs' financial statements are interrelated, with each one affecting the others. For example, an increase in Cannlabs' assets may result in an increase in income on the income statement.
Cannlabs Stock Summary
Cannlabs competes with Grey Cloak. CannLabs, Inc. provides cannabis testing laboratory services in the United States. The company also offers dataanalytics and consulting, as well as education services. Cannlabs operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 37 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | US13767T1025 |
| Business Address | 3888 East Mexico |
| Sector | Health Care Providers & Services |
| Industry | Health Care |
| Benchmark | Dow Jones Industrial |
| Website | www.cannlabs.com |
| Phone | 303 309 0105 |
| Currency | USD - US Dollar |
Cannlabs Key Financial Ratios
There are many critical financial ratios that Cannlabs' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Cannlabs reports annually and quarterly.| Return On Asset | -3.62 | |||
| Number Of Employees | 37 | |||
| Beta | 1.56 | |||
| Z Score | -11.5 |
Cannlabs Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cannlabs's current stock value. Our valuation model uses many indicators to compare Cannlabs value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cannlabs competition to find correlations between indicators driving Cannlabs's intrinsic value. More Info.Cannlabs is rated fourth in return on asset category among its peers. It is number one stock in profit margin category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Cannlabs' earnings, one of the primary drivers of an investment's value.Cannlabs Systematic Risk
Cannlabs' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cannlabs volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Cannlabs correlated with the market. If Beta is less than 0 Cannlabs generally moves in the opposite direction as compared to the market. If Cannlabs Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cannlabs is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cannlabs is generally in the same direction as the market. If Beta > 1 Cannlabs moves generally in the same direction as, but more than the movement of the benchmark.
Cannlabs December 14, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Cannlabs help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cannlabs. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cannlabs based on widely used predictive technical indicators. In general, we focus on analyzing Cannlabs Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cannlabs's daily price indicators and compare them against related drivers.
| Information Ratio | 0.0017 | |||
| Maximum Drawdown | 150.0 |
Other Information on Investing in Cannlabs Pink Sheet
Cannlabs financial ratios help investors to determine whether Cannlabs Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cannlabs with respect to the benefits of owning Cannlabs security.