Devonian Health Group Stock Analysis
| GSD Stock | CAD 0.20 0.02 9.09% |
Devonian Health Group is overvalued with Real Value of 0.16 and Hype Value of 0.2. The main objective of Devonian Health stock analysis is to determine its intrinsic value, which is an estimate of what Devonian Health Group is worth, separate from its market price. There are two main types of Devonian Health's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Devonian Health's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Devonian Health's stock to identify patterns and trends that may indicate its future price movements.
The Devonian Health stock is traded in Canada on TSX Venture Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Devonian Health is usually not traded on Canada Day, Civic Holiday, Labour Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Devonian Stock trading window is adjusted to America/Toronto timezone.
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Devonian Stock Analysis Notes
About 14.0% of the company shares are held by company insiders. The book value of Devonian Health was currently reported as 0.09. The company recorded a loss per share of 0.01. Devonian Health Group last dividend was issued on the 19th of May 2017. The entity had 1:2 split on the 19th of May 2017. Devonian Health Group Inc., a pharmaceutical company, engages in the development of botanical drugs. The company was incorporated in 2013 and is headquartered in Qubec, Canada. DEVONIAN HEALTH operates under Biotechnology classification in Canada and is traded on TSX Venture Exchange. To learn more about Devonian Health Group call Pierre Montanaro at 514 248 7509 or check out https://groupedevonian.com.Devonian Health Group Investment Alerts
| Devonian Health is way too risky over 90 days horizon | |
| Devonian Health has some characteristics of a very speculative penny stock | |
| Devonian Health appears to be risky and price may revert if volatility continues | |
| Devonian Health Group has accumulated 3.58 M in total debt with debt to equity ratio (D/E) of 43.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Devonian Health Group has a current ratio of 0.93, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Devonian Health until it has trouble settling it off, either with new capital or with free cash flow. So, Devonian Health's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Devonian Health Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Devonian to invest in growth at high rates of return. When we think about Devonian Health's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 2.35 M. Net Loss for the year was (4.6 M) with profit before overhead, payroll, taxes, and interest of 561.01 K. | |
| Devonian Health Group has accumulated about 413.87 K in cash with (4.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 14.0% of Devonian Health shares are held by company insiders |
Devonian Health Thematic Classifications
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 | Health ManagementHealthcare providers, hospitals |
Devonian Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 29.64 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Devonian Health's market, we take the total number of its shares issued and multiply it by Devonian Health's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Devonian Profitablity
Devonian Health's profitability indicators refer to fundamental financial ratios that showcase Devonian Health's ability to generate income relative to its revenue or operating costs. If, let's say, Devonian Health is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Devonian Health's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Devonian Health's profitability requires more research than a typical breakdown of Devonian Health's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.32) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.06) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.06. Management Efficiency
Devonian Health Group has return on total asset (ROA) of (0.0812) % which means that it has lost $0.0812 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.2331) %, meaning that it generated substantial loss on money invested by shareholders. Devonian Health's management efficiency ratios could be used to measure how well Devonian Health manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Devonian Health's Net Tangible Assets are fairly stable compared to the past year. Total Current Assets is likely to climb to about 7.7 M in 2024, whereas Other Assets are likely to drop slightly above 12.3 K in 2024.Leadership effectiveness at Devonian Health Group is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Operating Margin (0.06) | Profit Margin (0.33) | Beta 1.217 | Return On Assets (0.08) | Return On Equity (0.23) |
Technical Drivers
As of the 11th of December 2024, Devonian Health shows the Mean Deviation of 4.85, coefficient of variation of 1211.99, and Downside Deviation of 20.43. Devonian Health Group technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Devonian Health Group information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if Devonian Health Group is priced favorably, providing market reflects its regular price of 0.2 per share.Devonian Health Group Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Devonian Health middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Devonian Health Group. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Devonian Health Outstanding Bonds
Devonian Health issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Devonian Health Group uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Devonian bonds can be classified according to their maturity, which is the date when Devonian Health Group has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Devonian Health Predictive Daily Indicators
Devonian Health intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Devonian Health stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Devonian Health Forecast Models
Devonian Health's time-series forecasting models are one of many Devonian Health's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Devonian Health's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Devonian Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Devonian Health prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Devonian shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Devonian Health. By using and applying Devonian Stock analysis, traders can create a robust methodology for identifying Devonian entry and exit points for their positions.
Devonian Health Group Inc., a pharmaceutical company, engages in the development of botanical drugs. The company was incorporated in 2013 and is headquartered in Qubec, Canada. DEVONIAN HEALTH operates under Biotechnology classification in Canada and is traded on TSX Venture Exchange.
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Fundamental AnalysisView fundamental data based on most recent published financial statements |
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Additional Tools for Devonian Stock Analysis
When running Devonian Health's price analysis, check to measure Devonian Health'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 Devonian Health is operating at the current time. Most of Devonian Health's value examination focuses on studying past and present price action to predict the probability of Devonian Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Devonian Health's price. Additionally, you may evaluate how the addition of Devonian Health to your portfolios can decrease your overall portfolio volatility.