Im Cannabis Corp Stock Buy Hold or Sell Recommendation
| IMCC Stock | USD 0.56 0 0.71% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Im Cannabis Corp is 'Strong Sell'. Macroaxis provides Im Cannabis buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding IMCC positions. The advice algorithm takes into account all of Im Cannabis' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Im Cannabis' buy or sell advice are summarized below:
Real Value 1.28 | Target Price 3.45 | Hype Value 0.65 | Market Value 0.56 | Naive Value 0.37 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Im Cannabis Corp given historical horizon and risk tolerance towards Im Cannabis. When Macroaxis issues a 'buy' or 'sell' recommendation for Im Cannabis Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
IMCC |
Execute Im Cannabis Buy or Sell Advice
The IMCC recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Im Cannabis Corp. Macroaxis does not own or have any residual interests in Im Cannabis Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Im Cannabis' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Moves completely opposite to the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Very Weak | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Im Cannabis Trading Alerts and Improvement Suggestions
| Im Cannabis Corp is way too risky over 90 days horizon | |
| Im Cannabis Corp has some characteristics of a very speculative penny stock | |
| Im Cannabis Corp appears to be risky and price may revert if volatility continues | |
| Im Cannabis Corp has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 48.8 M. Net Loss for the year was (9.5 M) with profit before overhead, payroll, taxes, and interest of 9.16 M. | |
| Im Cannabis Corp currently holds about 5.86 M in cash with (9.74 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08. | |
| Im Cannabis Corp has a very weak financial position based on the latest SEC disclosures | |
| Roughly 36.0% of the company shares are held by company insiders | |
| Latest headline from benzinga.com: Flora Growth Goes Back To Net Loss In Q1, Positive About Landmark Reform In The US, Focuses On Europe |
Im Cannabis Returns Distribution Density
The distribution of Im Cannabis' historical returns is an attempt to chart the uncertainty of Im Cannabis' future price movements. The chart of the probability distribution of Im Cannabis daily returns describes the distribution of returns around its average expected value. We use Im Cannabis Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Im Cannabis returns is essential to provide solid investment advice for Im Cannabis.
| Mean Return | 1.52 | Value At Risk | -13.7 | Potential Upside | 29.27 | Standard Deviation | 13.80 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Im Cannabis historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
IMCC Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Im Cannabis is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Im Cannabis Corp backward and forwards among themselves. Im Cannabis' institutional investor refers to the entity that pools money to purchase Im Cannabis' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 4.0 | Advisor Group Holdings, Inc. | 2023-12-31 | 4.0 | Concord Wealth Partners | 2023-12-31 | 0.0 | Scotia Capital Inc | 2024-03-31 | 0.0 | North Star Investment Management Corp | 2023-12-31 | 0.0 | Lynwood Capital Management Inc. | 2024-03-31 | 0.0 | Emc Capital Management(tx) | 2024-03-31 | 0.0 | Black Maple Capital Management Lp | 2024-03-31 | 400 K | Advisorshares Investments, Llc | 2023-12-31 | 247.5 K | Bank Of Montreal | 2023-12-31 | 71.4 K | Bmo Capital Markets Corp. | 2023-12-31 | 71.4 K |
Im Cannabis Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 6.3M | (5.0M) | 5.0M | (11.5M) | (636K) | (604.2K) | |
| Free Cash Flow | (7.5M) | (10.6M) | (39.0M) | (14.2M) | (10.3M) | (9.8M) | |
| Depreciation | 601K | 930K | 5.7M | 7.3M | 3.0M | 3.1M | |
| Other Non Cash Items | 919K | 18.0M | (18.5M) | 136.1M | (5.3M) | (5.0M) | |
| Capital Expenditures | 1.5M | 2.7M | 4.6M | 1.6M | 581K | 992.0K | |
| Net Income | (7.4M) | (28.7M) | (18.5M) | (191.3M) | (9.5M) | (10.0M) | |
| End Period Cash Flow | 13.9M | 8.9M | 13.9M | 2.4M | 1.8M | 2.6M | |
| Change To Inventory | 122K | (958K) | (13.3M) | 1.4M | 4.8M | 5.0M | |
| Change To Netincome | 3.0M | 21.3M | (11.5M) | 134.4M | 154.6M | 162.3M |
Im Cannabis Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Im Cannabis or Biotechnology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Im Cannabis' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a IMCC stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 1.60 | |
β | Beta against NYSE Composite | -6.33 | |
σ | Overall volatility | 14.18 | |
Ir | Information ratio | 0.11 |
Im Cannabis Volatility Alert
Im Cannabis Corp is displaying above-average volatility over the selected time horizon. Im Cannabis Corp is a potential penny stock. Although Im Cannabis may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Im Cannabis Corp. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on IMCC instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Im Cannabis Fundamentals Vs Peers
Comparing Im Cannabis' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Im Cannabis' direct or indirect competition across all of the common fundamentals between Im Cannabis and the related equities. This way, we can detect undervalued stocks with similar characteristics as Im Cannabis or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Im Cannabis' fundamental indicators could also be used in its relative valuation, which is a method of valuing Im Cannabis by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Im Cannabis to competition |
| Fundamentals | Im Cannabis | Peer Average |
| Return On Equity | -0.94 | -0.31 |
| Return On Asset | -0.15 | -0.14 |
| Profit Margin | (0.30) % | (1.27) % |
| Operating Margin | (0.24) % | (5.51) % |
| Current Valuation | 18.77 M | 16.62 B |
| Shares Outstanding | 13.39 M | 571.82 M |
| Shares Owned By Insiders | 35.84 % | 10.09 % |
| Shares Owned By Institutions | 8.03 % | 39.21 % |
| Number Of Shares Shorted | 208.29 K | 4.71 M |
| Price To Book | 0.77 X | 9.51 X |
| Price To Sales | 0.18 X | 11.42 X |
| Revenue | 48.8 M | 9.43 B |
| Gross Profit | 9.16 M | 27.38 B |
| EBITDA | (9.18 M) | 3.9 B |
| Net Income | (9.5 M) | 570.98 M |
| Cash And Equivalents | 5.86 M | 2.7 B |
| Cash Per Share | 0.08 X | 5.01 X |
| Total Debt | 13.78 M | 5.32 B |
| Debt To Equity | 0.20 % | 48.70 % |
| Current Ratio | 1.18 X | 2.16 X |
| Book Value Per Share | 0.71 X | 1.93 K |
| Cash Flow From Operations | (9.74 M) | 971.22 M |
| Short Ratio | 0.08 X | 4.00 X |
| Earnings Per Share | (0.81) X | 3.12 X |
| Target Price | 1.01 | |
| Number Of Employees | 95 | 18.84 K |
| Beta | 1.68 | -0.15 |
| Market Capitalization | 7.45 M | 19.03 B |
| Total Asset | 48.81 M | 29.47 B |
| Retained Earnings | (249.15 M) | 9.33 B |
| Working Capital | (8.54 M) | 1.48 B |
| Net Asset | 48.81 M |
Im Cannabis Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as IMCC . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 0.56 | |||
| Day Typical Price | 0.56 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0) |
About Im Cannabis Buy or Sell Advice
When is the right time to buy or sell Im Cannabis Corp? Buying financial instruments such as IMCC Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 26.0M | 8.4M | 10.2M | 10.7M | Total Assets | 287.4M | 60.7M | 48.8M | 28.0M |
Use Investing Ideas to Build Portfolios
In addition to having Im Cannabis in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Latest Losers Thematic Idea Now
Latest Losers
Dynamically computed list of top equities currently sorted across major exchanges. The Latest Losers theme has 146 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Latest Losers Theme or any other thematic opportunities.
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Check out Im Cannabis Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Im Cannabis Corp information on this page should be used as a complementary analysis to other Im Cannabis' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for IMCC Stock analysis
When running Im Cannabis' price analysis, check to measure Im Cannabis' 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 Im Cannabis is operating at the current time. Most of Im Cannabis' value examination focuses on studying past and present price action to predict the probability of Im Cannabis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Im Cannabis' price. Additionally, you may evaluate how the addition of Im Cannabis to your portfolios can decrease your overall portfolio volatility.
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Is Im Cannabis' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Im Cannabis. If investors know IMCC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Im Cannabis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.81) | Revenue Per Share 3.623 | Quarterly Revenue Growth (0.04) | Return On Assets (0.15) | Return On Equity (0.94) |
The market value of Im Cannabis Corp is measured differently than its book value, which is the value of IMCC that is recorded on the company's balance sheet. Investors also form their own opinion of Im Cannabis' value that differs from its market value or its book value, called intrinsic value, which is Im Cannabis' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Im Cannabis' market value can be influenced by many factors that don't directly affect Im Cannabis' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Im Cannabis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Im Cannabis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Im Cannabis' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.