Veritas Pharma Stock Buy Hold or Sell Recommendation
| VRTHF Stock | USD 0 0.00 0.00% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Veritas Pharma is 'Not Rated'. Macroaxis provides Veritas Pharma buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding VRTHF positions. The advice algorithm takes into account all of Veritas Pharma's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Veritas Pharma's buy or sell advice are summarized below:
Real Value 0.0 | Hype Value 0.0 | Market Value 0.0015 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Veritas Pharma given historical horizon and risk tolerance towards Veritas Pharma. When Macroaxis issues a 'buy' or 'sell' recommendation for Veritas Pharma, the advice is generated through an automated system that utilizes algorithms and statistical models.
Veritas |
Execute Veritas Pharma Buy or Sell Advice
The Veritas recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Veritas Pharma. Macroaxis does not own or have any residual interests in Veritas Pharma or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Veritas Pharma's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Not Rated
Veritas Pharma Trading Alerts and Improvement Suggestions
| Veritas Pharma generated a negative expected return over the last 90 days | |
| Veritas Pharma has some characteristics of a very speculative penny stock | |
| Veritas Pharma has high likelihood to experience some financial distress in the next 2 years | |
| The company has accumulated 765.63 K in total debt with debt to equity ratio (D/E) of 0.05, which may suggest the company is not taking enough advantage from borrowing. Veritas Pharma has a current ratio of 0.63, 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 Veritas Pharma until it has trouble settling it off, either with new capital or with free cash flow. So, Veritas Pharma'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 Veritas Pharma sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Veritas to invest in growth at high rates of return. When we think about Veritas Pharma's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.29 M) with loss before overhead, payroll, taxes, and interest of (112.96 K). | |
| Veritas Pharma has accumulated about 125.27 K in cash with (294.86 K) of positive cash flow from operations. | |
| Roughly 27.0% of Veritas Pharma outstanding shares are owned by insiders |
Veritas Pharma 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 Veritas Pharma or Healthcare 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 Veritas Pharma's price will be affected by overall pink sheet 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 Veritas pink sheet'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 | 0.00 | |
β | Beta against NYSE Composite | 0.00 | |
σ | Overall volatility | 0.00 | |
Ir | Information ratio | 0.00 |
Veritas Pharma Volatility Alert
At this time Veritas Pharma exhibits very low volatility. Veritas Pharma is a penny stock. Even though Veritas Pharma may be a good instrument to invest, many penny pink sheets are speculative instruments that are subject to artificial stock promotions. Please make sure you fully understand upside and downside scenarios of investing in Veritas Pharma or similar risky assets. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings,sudden promotions and many other similar artificial hype indicators. We also encourage traders to check work history of company executives before investing in high-volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Veritas instrument if you perfectly time your entry and exit. However, remember that penny pink sheets 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.Veritas Pharma Fundamentals Vs Peers
Comparing Veritas Pharma'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 Veritas Pharma's direct or indirect competition across all of the common fundamentals between Veritas Pharma and the related equities. This way, we can detect undervalued stocks with similar characteristics as Veritas Pharma or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Veritas Pharma's fundamental indicators could also be used in its relative valuation, which is a method of valuing Veritas Pharma by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Veritas Pharma to competition |
| Fundamentals | Veritas Pharma | Peer Average |
| Return On Equity | -5.67 | -0.31 |
| Return On Asset | -0.21 | -0.14 |
| Current Valuation | 1.77 M | 16.62 B |
| Shares Outstanding | 71.14 M | 571.82 M |
| Shares Owned By Insiders | 27.34 % | 10.09 % |
| Price To Earning | 0.20 X | 28.72 X |
| Price To Book | 0.43 X | 9.51 X |
| Gross Profit | (112.96 K) | 27.38 B |
| EBITDA | (491.67 K) | 3.9 B |
| Net Income | (2.29 M) | 570.98 M |
| Cash And Equivalents | 125.27 K | 2.7 B |
| Total Debt | 765.63 K | 5.32 B |
| Debt To Equity | 0.05 % | 48.70 % |
| Current Ratio | 0.64 X | 2.16 X |
| Book Value Per Share | (0.04) X | 1.93 K |
| Cash Flow From Operations | (294.86 K) | 971.22 M |
| Earnings Per Share | (0.03) X | 3.12 X |
| Number Of Employees | 2 | 18.84 K |
| Beta | -0.0588 | -0.15 |
| Market Capitalization | 1.59 M | 19.03 B |
| Total Asset | 730 | 29.47 B |
| Net Asset | 730 |
Veritas Pharma Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Veritas . 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.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.0015 | |||
| Day Typical Price | 0.0015 |
About Veritas Pharma Buy or Sell Advice
When is the right time to buy or sell Veritas Pharma? Buying financial instruments such as Veritas Pink Sheet 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.
Use Investing Ideas to Build Portfolios
In addition to having Veritas Pharma 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 Fabricated Products Thematic Idea Now
Fabricated Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Fabricated Products theme has 11 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 Fabricated Products Theme or any other thematic opportunities.
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Check out Veritas Pharma 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 Veritas Pharma information on this page should be used as a complementary analysis to other Veritas Pharma's 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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Veritas Pink Sheet analysis
When running Veritas Pharma's price analysis, check to measure Veritas Pharma'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 Veritas Pharma is operating at the current time. Most of Veritas Pharma's value examination focuses on studying past and present price action to predict the probability of Veritas Pharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veritas Pharma's price. Additionally, you may evaluate how the addition of Veritas Pharma to your portfolios can decrease your overall portfolio volatility.
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