Ovation Science Stock Analysis
OVATF Stock | USD 0.01 0.02 64.81% |
Ovation Science is fairly valued with Real Value of 0.009696 and Hype Value of 0.01. The main objective of Ovation Science pink sheet analysis is to determine its intrinsic value, which is an estimate of what Ovation Science is worth, separate from its market price. There are two main types of Ovation Science's stock analysis: fundamental analysis and technical analysis.
The Ovation Science pink sheet is traded in the USA on PINK 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 the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Ovation Science's ongoing operational relationships across important fundamental and technical indicators.
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Ovation Pink Sheet Analysis Notes
About 29.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.06. Ovation Science had not issued any dividends in recent years. Ovation Science Inc. engages in the production of cannabis or hemp products in Canada, the United States, and Mexico. Ovation Science Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada. Ovation Science is traded on OTC Exchange in the United States.The quote for Ovation Science is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Ovation Science contact Terry Howlett at 604 283 0903 or learn more at https://ovationscience.com.Ovation Science Investment Alerts
Ovation Science generated a negative expected return over the last 90 days | |
Ovation Science has high historical volatility and very poor performance | |
Ovation Science has some characteristics of a very speculative penny stock | |
Ovation Science has a very high chance of going through financial distress in the upcoming years | |
The company reported the revenue of 224.95 K. Net Loss for the year was (2.39 M) with profit before overhead, payroll, taxes, and interest of 520.79 K. | |
Ovation Science has accumulated about 321.68 K in cash with (885.75 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
Roughly 29.0% of the company outstanding shares are owned by corporate insiders |
Ovation Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 546 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ovation Science's market, we take the total number of its shares issued and multiply it by Ovation Science'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.Technical Drivers
As of the 15th of December 2024, Ovation Science holds the Coefficient Of Variation of (597.17), variance of 80.45, and Risk Adjusted Performance of (0.11). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Ovation Science, as well as the relationship between them. Please check Ovation Science market risk adjusted performance, variance, as well as the relationship between the Variance and skewness to decide if Ovation Science is priced some-what accurately, providing market reflects its current price of 0.0101 per share. As Ovation Science appears to be a penny stock we also advise to check out its information ratio numbers.Ovation Science Price Movement Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Ovation Science 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 Ovation Science. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Ovation Science Outstanding Bonds
Ovation Science 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. Ovation Science 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 Ovation bonds can be classified according to their maturity, which is the date when Ovation Science 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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Ovation Science Predictive Daily Indicators
Ovation Science 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 Ovation Science pink sheet 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.
Daily Balance Of Power | (9,223,372,036,855) | |||
Rate Of Daily Change | 0.35 | |||
Day Median Price | 0.0101 | |||
Day Typical Price | 0.0101 | |||
Price Action Indicator | (0.01) | |||
Period Momentum Indicator | (0.02) |
Ovation Science Forecast Models
Ovation Science's time-series forecasting models are one of many Ovation Science's pink sheet 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 Ovation Science'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 Ovation Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Ovation Science 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 Ovation shares will generate the highest return on investment. We also built our pink sheet 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 Pink Sheet such as Ovation Science. By using and applying Ovation Pink Sheet analysis, traders can create a robust methodology for identifying Ovation entry and exit points for their positions.
Ovation Science Inc. engages in the production of cannabis or hemp products in Canada, the United States, and Mexico. Ovation Science Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada. Ovation Science is traded on OTC Exchange in the United States.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding Ovation Science to your portfolios without increasing risk or reducing expected return.Did you try this?
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Complementary Tools for Ovation Pink Sheet analysis
When running Ovation Science's price analysis, check to measure Ovation Science'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 Ovation Science is operating at the current time. Most of Ovation Science's value examination focuses on studying past and present price action to predict the probability of Ovation Science's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ovation Science's price. Additionally, you may evaluate how the addition of Ovation Science to your portfolios can decrease your overall portfolio volatility.
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