Akanda Capital Lease Obligations from 2010 to 2024
| AKAN Stock | USD 1.15 0.03 2.54% |
Capital Lease Obligations | First Reported 2010-12-31 | Previous Quarter 135.3 K | Current Value 128.6 K | Quarterly Volatility 1.1 M |
Check Akanda Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Akanda Corp's main balance sheet or income statement drivers, such as Interest Income of 37.05, Depreciation And Amortization of 4.5 M or Interest Expense of 416.5 K, as well as many indicators such as Price To Sales Ratio of 34.08, Dividend Yield of 0.0 or Days Sales Outstanding of 45.67. Akanda financial statements analysis is a perfect complement when working with Akanda Corp Valuation or Volatility modules.
Akanda | Capital Lease Obligations |
Latest Akanda Corp's Capital Lease Obligations Growth Pattern
Below is the plot of the Capital Lease Obligations of Akanda Corp over the last few years. Akanda Corp capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Akanda Corp asset purchases. For example, Akanda Corp can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Akanda Corp control over an asset for a big portion of its life. It is the total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. Akanda Corp's Capital Lease Obligations historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Akanda Corp's overall financial position and show how it may be relating to other accounts over time.
| Capital Lease Obligations | 10 Years Trend |
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Capital Lease Obligations |
| Timeline |
Akanda Capital Lease Obligations Regression Statistics
| Arithmetic Mean | 2,314,474 | |
| Geometric Mean | 1,634,461 | |
| Coefficient Of Variation | 47.64 | |
| Mean Deviation | 846,492 | |
| Median | 2,882,152 | |
| Standard Deviation | 1,102,510 | |
| Sample Variance | 1.2T | |
| Range | 2.8M | |
| R-Value | (0.73) | |
| Mean Square Error | 612.1B | |
| R-Squared | 0.53 | |
| Significance | 0 | |
| Slope | (179,880) | |
| Total Sum of Squares | 17T |
Akanda Capital Lease Obligations History
About Akanda Corp Financial Statements
Akanda Corp investors utilize fundamental indicators, such as Capital Lease Obligations, to predict how Akanda Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Capital Lease Obligations | 135.3 K | 128.6 K |
Pair Trading with Akanda Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Akanda Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Akanda Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Akanda Stock
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| 0.66 | ERNA | Eterna Therapeutics | PairCorr |
| 0.76 | DNA | Ginkgo Bioworks Holdings Trending | PairCorr |
Moving against Akanda Stock
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| 0.85 | XGN | Exagen Inc | PairCorr |
| 0.77 | REGN | Regeneron Pharmaceuticals | PairCorr |
| 0.65 | SLS | Sellas Life Sciences | PairCorr |
The ability to find closely correlated positions to Akanda Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Akanda Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Akanda Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Akanda Corp to buy it.
The correlation of Akanda Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Akanda Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Akanda Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Akanda Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Information and Resources on Investing in Akanda Stock
When determining whether Akanda Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Akanda Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Akanda Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Akanda Corp Stock:Check out the analysis of Akanda Corp Correlation against competitors. To learn how to invest in Akanda Stock, please use our How to Invest in Akanda Corp guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Biotechnology space 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 Akanda Corp. If investors know Akanda 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 Akanda Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (286.40) | Revenue Per Share 19.178 | Quarterly Revenue Growth (0.70) | Return On Assets (0.26) | Return On Equity (2.80) |
The market value of Akanda Corp is measured differently than its book value, which is the value of Akanda that is recorded on the company's balance sheet. Investors also form their own opinion of Akanda Corp's value that differs from its market value or its book value, called intrinsic value, which is Akanda Corp's 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 Akanda Corp's market value can be influenced by many factors that don't directly affect Akanda Corp's 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 Akanda Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Akanda Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akanda Corp's 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.