Draganfly Stock Buy Hold or Sell Recommendation

DPRO Stock  USD 0.26  0  1.54%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Draganfly is 'Strong Sell'. Macroaxis provides Draganfly buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding DPRO positions. The advice algorithm takes into account all of Draganfly's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Draganfly's buy or sell advice are summarized below:
Real Value
0.21
Hype Value
0.26
Market Value
0.26
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Draganfly given historical horizon and risk tolerance towards Draganfly. When Macroaxis issues a 'buy' or 'sell' recommendation for Draganfly, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Draganfly 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.
To learn how to invest in Draganfly Stock, please use our How to Invest in Draganfly guide.
In addition, we conduct extensive research on individual companies such as Draganfly and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Draganfly. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Execute Draganfly Buy or Sell Advice

The Draganfly recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Draganfly. Macroaxis does not own or have any residual interests in Draganfly or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Draganfly's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell DraganflyBuy Draganfly
Strong Sell

Market Performance

WeakDetails

Volatility

Out of controlDetails

Hype Condition

Over hypedDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Very HighDetails

Economic Sensitivity

Very regressive towards the marketDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

PoorDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Draganfly has a Mean Deviation of 6.55, Standard Deviation of 10.45 and Variance of 109.21
We provide trade advice to complement the prevailing expert consensus on Draganfly. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Draganfly is not overpriced, please confirm all Draganfly fundamentals, including its shares owned by insiders, cash and equivalents, market capitalization, as well as the relationship between the price to sales and book value per share . As Draganfly appears to be a penny stock we also advise to verify its number of shares shorted numbers.

Draganfly Trading Alerts and Improvement Suggestions

Draganfly had very high historical volatility over the last 90 days
Draganfly has some characteristics of a very speculative penny stock
Draganfly has a very high chance of going through financial distress in the upcoming years
The company reported the previous year's revenue of 6.55 M. Net Loss for the year was (23.61 M) with profit before overhead, payroll, taxes, and interest of 2.77 M.
Draganfly currently holds about 12.45 M in cash with (15.04 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.37, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Draganfly has a poor financial position based on the latest SEC disclosures
Latest headline from news.google.com: Draganfly Unveils FlexForce Drone for Defense Sector - TipRanks.com - TipRanks

Draganfly Returns Distribution Density

The distribution of Draganfly's historical returns is an attempt to chart the uncertainty of Draganfly's future price movements. The chart of the probability distribution of Draganfly daily returns describes the distribution of returns around its average expected value. We use Draganfly price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Draganfly returns is essential to provide solid investment advice for Draganfly.
Mean Return
-0.18
Value At Risk
-10
Potential Upside
14.29
Standard Deviation
10.45
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Draganfly 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.

Draganfly Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Draganfly is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Draganfly backward and forwards among themselves. Draganfly's institutional investor refers to the entity that pools money to purchase Draganfly's 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
Mayflower Financial Advisors, Llc2023-12-31
11.3 K
Lindbrook Capital, Llc2024-03-31
10 K
Royal Bank Of Canada2023-12-31
6.9 K
Wells Fargo & Co2023-12-31
3.1 K
Advisor Group Holdings, Inc.2023-12-31
1.9 K
Advisory Services Network, Llc2023-12-31
1.5 K
Bank Of America Corp2023-12-31
1.2 K
Td Waterhouse Canada Inc2023-12-31
610
Ancora Advisors Llc2023-12-31
500
Armistice Capital, Llc2023-12-31
4.2 M
Renaissance Technologies Corp2023-12-31
86 K
Note, although Draganfly's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Draganfly Cash Flow Accounts

201920202021202220232024 (projected)
Change To Inventory12.6K(555.4K)(2.2M)(150.2K)(872.3K)(828.7K)
Change In Cash2.3M(447.0K)21.1M(15.2M)(4.4M)(4.2M)
Net Borrowings(268.9K)(206.2K)(117.7K)(157.0K)(180.6K)(189.6K)
Depreciation49.6K152.6K311.1K772.8K546.6K299.4K
Capital Expenditures87.8K23.9K212.6K84.4K490.4K514.9K
Net Income(11.1M)(8.0M)(16.2M)(27.7M)(23.6M)(22.4M)
End Period Cash Flow2.4M2.0M23.1M7.9M3.1M6.1M
Change To Netincome8.5M3.3M1.2M6.7M7.8M8.1M
Free Cash Flow(4.0M)(5.2M)(22.2M)(16.4M)(15.5M)(16.3M)
Other Non Cash Items8.0M(125.7K)(25.1K)3.4M7.8M8.2M

Draganfly 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 Draganfly or Machinery 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 Draganfly's 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 Draganfly 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
-0.07
β
Beta against NYSE Composite-1.7
σ
Overall volatility
10.49
Ir
Information ratio -0.02

Draganfly Volatility Alert

Draganfly is displaying above-average volatility over the selected time horizon. Draganfly is a potential penny stock. Although Draganfly 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 Draganfly. 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 Draganfly 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.

Draganfly Fundamentals Vs Peers

Comparing Draganfly's 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 Draganfly's direct or indirect competition across all of the common fundamentals between Draganfly and the related equities. This way, we can detect undervalued stocks with similar characteristics as Draganfly or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Draganfly's fundamental indicators could also be used in its relative valuation, which is a method of valuing Draganfly by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Draganfly to competition
FundamentalsDraganflyPeer Average
Return On Equity-4.12-0.31
Return On Asset-1.21-0.14
Operating Margin(3.38) %(5.51) %
Current Valuation12.21 M16.62 B
Shares Outstanding71.36 M571.82 M
Shares Owned By Insiders1.67 %10.09 %
Shares Owned By Institutions8.21 %39.21 %
Number Of Shares Shorted2.1 M4.71 M
Price To Earning4.51 X28.72 X
Price To Book59.85 X9.51 X
Price To Sales2.79 X11.42 X
Revenue6.55 M9.43 B
Gross Profit2.77 M27.38 B
EBITDA(22.17 M)3.9 B
Net Income(23.61 M)570.98 M
Cash And Equivalents12.45 M2.7 B
Cash Per Share0.37 X5.01 X
Total Debt795.08 K5.32 B
Debt To Equity0.02 %48.70 %
Current Ratio9.59 X2.16 X
Book Value Per Share0.01 X1.93 K
Cash Flow From Operations(15.04 M)971.22 M
Short Ratio1.84 X4.00 X
Earnings Per Share(0.41) X3.12 X
Beta1.82-0.15
Market Capitalization18.91 M19.03 B
Total Asset8.33 M29.47 B
Retained Earnings(103.59 M)9.33 B
Working Capital(717.02 K)1.48 B
Net Asset8.33 M

Draganfly Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Draganfly . 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.

About Draganfly Buy or Sell Advice

When is the right time to buy or sell Draganfly? Buying financial instruments such as Draganfly 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)
Total Current Liabilities6.7M3.3M7.4M4.8M
Other Current Liabilities6.0M2.1M5.8M6.0M

Use Investing Ideas to Build Portfolios

In addition to having Draganfly 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.

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Crypto And Gold Theme
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When determining whether Draganfly offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Draganfly'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 Draganfly Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Draganfly Stock:
Check out Draganfly 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.
To learn how to invest in Draganfly Stock, please use our How to Invest in Draganfly guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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Is Draganfly's 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 Draganfly. If investors know Draganfly 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 Draganfly listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.41)
Revenue Per Share
0.155
Quarterly Revenue Growth
(0.30)
Return On Assets
(1.21)
Return On Equity
(4.12)
The market value of Draganfly is measured differently than its book value, which is the value of Draganfly that is recorded on the company's balance sheet. Investors also form their own opinion of Draganfly's value that differs from its market value or its book value, called intrinsic value, which is Draganfly'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 Draganfly's market value can be influenced by many factors that don't directly affect Draganfly'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 Draganfly's value and its price as these two are different measures arrived at by different means. Investors typically determine if Draganfly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Draganfly'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.