Dakshidin Corporation Stock Fundamentals
| DKSC Stock | USD 0 0.0001 6.25% |
Dakshidin Corporation fundamentals help investors to digest information that contributes to Dakshidin's financial success or failures. It also enables traders to predict the movement of Dakshidin Pink Sheet. The fundamental analysis module provides a way to measure Dakshidin's 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 Dakshidin pink sheet.
Dakshidin |
Dakshidin Corporation Company Beta Analysis
Dakshidin's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Dakshidin Beta | -28.84 |
Most of Dakshidin's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Dakshidin Corporation is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Dakshidin Corporation has a Beta of -28.84. This is 3453.49% lower than that of the Healthcare sector and significantly lower than that of the Drug Manufacturers—Specialty & Generic industry. The beta for all United States stocks is notably higher than that of the company.
Dakshidin Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Dakshidin's current stock value. Our valuation model uses many indicators to compare Dakshidin value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Dakshidin competition to find correlations between indicators driving Dakshidin's intrinsic value. More Info.Dakshidin Corporation is one of the top stocks in net income category among its peers. It also is one of the top stocks in cash flow from operations category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Dakshidin by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Dakshidin's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Dakshidin Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Dakshidin's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Dakshidin could also be used in its relative valuation, which is a method of valuing Dakshidin by comparing valuation metrics of similar companies.Dakshidin is currently under evaluation in beta category among its peers.
As returns on the market increase, returns on owning Dakshidin are expected to decrease by larger amounts. On the other hand, during market turmoil, Dakshidin is expected to outperform it.
Dakshidin Fundamentals
| Net Income | (147.4 K) | |||
| Cash Flow From Operations | (6.85 K) | |||
| Beta | -28.84 | |||
| Market Capitalization | 50 K | |||
| Total Asset | 359 K | |||
| Retained Earnings | (940 K) | |||
| Current Liabilities | 259 K | |||
| Z Score | -2.8 |
About Dakshidin Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Dakshidin Corporation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dakshidin using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dakshidin Corporation based on its fundamental data. In general, a quantitative approach, as applied to this company, 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.Dakshidin Corporation, Inc., through its subsidiaries, operates as a CBDcannabis-based medical product company. The company is based in Miami, Florida with additional offices in Las Vegas, Nevada. Dakshidin is traded on OTC Exchange in the United States.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Dakshidin Pink Sheet
Dakshidin financial ratios help investors to determine whether Dakshidin 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 Dakshidin with respect to the benefits of owning Dakshidin security.