Pure Global Financials
We recommend to use Pure Global Cannabis fundamental analysis to find out if markets are presently mispricing the firm. Put it differently this technique allows you to confirm available drivers of Pure Global Cannabis as well as the relationship between them. We were able to interpolate twenty-four available financial ratios for Pure Global Cannabis, which can be compared to its competitors.
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Pure Global Stock Summary
Pure Global competes with Aurora Cannabis, Canopy Growth, Tilray, Flora Growth, and Charlottes Web. Pure Global Cannabis Inc. produces cannabis products for the medical and adult-use markets in Canada. Pure Global Cannabis Inc. is headquartered in Toronto, Canada. PURE GLOBAL operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on PNK Exchange.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | CA74625A1075 |
| Business Address | 418-2095 Lake Shore |
| Sector | Healthcare |
| Industry | Drug Manufacturers—Specialty & Generic |
| Benchmark | Dow Jones Industrial |
| Website | pureglobal.com |
| Phone | 289 206 1552 |
| Currency | USD - US Dollar |
Pure Global Key Financial Ratios
There are many critical financial ratios that Pure Global's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Pure Global Cannabis reports annually and quarterly.| Return On Equity | -1.46 | |||
| Return On Asset | -0.29 | |||
| Number Of Employees | 12 | |||
| Beta | 0.85 | |||
| Z Score | -3.3 |
Pure Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Pure Global's current stock value. Our valuation model uses many indicators to compare Pure Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pure Global competition to find correlations between indicators driving Pure Global's intrinsic value. More Info.Pure Global Cannabis is rated below average in return on equity category among its peers. It is rated below average in return on asset 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 Pure Global's earnings, one of the primary drivers of an investment's value.Pure Global Cannabis Systematic Risk
Pure Global's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Pure Global 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Pure Global Cannabis correlated with the market. If Beta is less than 0 Pure Global generally moves in the opposite direction as compared to the market. If Pure Global Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Pure Global Cannabis is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Pure Global is generally in the same direction as the market. If Beta > 1 Pure Global moves generally in the same direction as, but more than the movement of the benchmark.
Complementary Tools for Pure Pink Sheet analysis
When running Pure Global's price analysis, check to measure Pure Global'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 Pure Global is operating at the current time. Most of Pure Global's value examination focuses on studying past and present price action to predict the probability of Pure Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pure Global's price. Additionally, you may evaluate how the addition of Pure Global to your portfolios can decrease your overall portfolio volatility.
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