Cv Sciences Stock Current Ratio
| CVSI Stock | USD 0.04 0 5.00% |
CV Sciences fundamentals help investors to digest information that contributes to CV Sciences' financial success or failures. It also enables traders to predict the movement of CVSI OTC Stock. The fundamental analysis module provides a way to measure CV Sciences' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to CV Sciences otc stock.
CVSI |
CV Sciences OTC Stock Current Ratio Analysis
CV Sciences' Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current CV Sciences Current Ratio | 0.93 X |
Most of CV Sciences' fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CV Sciences is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, CV Sciences has a Current Ratio of 0.93 times. This is 68.04% lower than that of the Personal Products sector and significantly higher than that of the Consumer Staples industry. The current ratio for all United States stocks is 56.94% higher than that of the company.
CVSI Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CV Sciences' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of CV Sciences could also be used in its relative valuation, which is a method of valuing CV Sciences by comparing valuation metrics of similar companies.CV Sciences is currently under evaluation in current ratio category among related companies.
CVSI Fundamentals
| Return On Equity | -2.36 | |||
| Return On Asset | -0.52 | |||
| Profit Margin | (0.85) % | |||
| Operating Margin | (0.93) % | |||
| Current Valuation | 5.53 M | |||
| Shares Outstanding | 150.1 M | |||
| Shares Owned By Insiders | 2.01 % | |||
| Price To Earning | 54.89 X | |||
| Price To Book | 3.57 X | |||
| Price To Sales | 0.28 X | |||
| Revenue | 20.05 M | |||
| Gross Profit | 8.62 M | |||
| EBITDA | (14.35 M) | |||
| Net Income | (15.55 M) | |||
| Cash And Equivalents | 1.11 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 1.4 M | |||
| Debt To Equity | 0.74 % | |||
| Current Ratio | 0.93 X | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (7.49 M) | |||
| Earnings Per Share | (0.13) X | |||
| Target Price | 0.05 | |||
| Number Of Employees | 69 | |||
| Beta | 1.0 | |||
| Market Capitalization | 7.85 M | |||
| Total Asset | 18.07 M | |||
| Retained Earnings | (21.65 M) | |||
| Working Capital | 12.83 M | |||
| Current Asset | 15.84 M | |||
| Current Liabilities | 3.01 M | |||
| Z Score | 2.6 | |||
| Net Asset | 18.07 M |
About CV Sciences Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CV Sciences's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CV Sciences using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CV Sciences based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CV Sciences in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CV Sciences' short interest history, or implied volatility extrapolated from CV Sciences options trading.
Pair Trading with CV Sciences
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 CV Sciences 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 CV Sciences will appreciate offsetting losses from the drop in the long position's value.Moving together with CVSI OTC Stock
| 0.67 | PTAIF | PT Astra International | PairCorr |
Moving against CVSI OTC Stock
| 0.47 | HD | Home Depot Financial Report 21st of May 2024 | PairCorr |
| 0.41 | PIFMF | PT Indofood Sukses | PairCorr |
The ability to find closely correlated positions to CV Sciences could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CV Sciences 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 CV Sciences - 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 CV Sciences to buy it.
The correlation of CV Sciences 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 CV Sciences moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CV Sciences 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 CV Sciences 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CV Sciences. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for CVSI OTC Stock analysis
When running CV Sciences' price analysis, check to measure CV Sciences' 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 CV Sciences is operating at the current time. Most of CV Sciences' value examination focuses on studying past and present price action to predict the probability of CV Sciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CV Sciences' price. Additionally, you may evaluate how the addition of CV Sciences to your portfolios can decrease your overall portfolio volatility.
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