Indiva Stock Today
| NDVAF Stock | USD 0.05 0 6.00% |
Performance0 of 100
| Odds Of DistressOver 63
|
Indiva is trading at 0.047 as of the 23rd of April 2024. This is a -6 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.047. Indiva has more than 63 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Indiva are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of February 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Indiva Limited engages in the production, processing, and sale of cannabis and cannabis related products in Canada. The company produces and distributes the Bhang Chocolate, Wana Sour Gummies, Slow Ride Bakery Cookies, Jewels Chewable Tablets, Ruby Cannabis Sugar, Grn edibles, and Dime Industries vape products through license agreements and partnerships. The company has 147.43 M outstanding shares. More on Indiva
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Moving against Indiva Pink Sheet
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Follow Valuation Odds of Bankruptcy
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Indiva Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Indiva's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Indiva or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Drug Manufacturers—Specialty & Generic, Healthcare (View all Sectors) |
Indiva [NDVAF] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Nano-Cap' category with a current market capitalization of 9.87 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Indiva's market, we take the total number of its shares issued and multiply it by Indiva's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Indiva classifies itself under Healthcare sector and is part of Drug Manufacturers—Specialty & Generic industry. The entity has 147.43 M outstanding shares.
Indiva has accumulated about 2.51 M in cash with (17.84 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check Indiva Probability Of Bankruptcy
Ownership AllocationIndiva has a total of 147.43 Million outstanding shares. Indiva secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Indiva Ownership Details
Indiva Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Indiva jumping above the current price in 90 days from now is about 89.84%. The Indiva probability density function shows the probability of Indiva pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Indiva has a beta of -1.0912. This indicates Additionally, indiva has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Indiva to move above the current price in 90 days from now is about 89.84 (This Indiva probability density function shows the probability of Indiva Pink Sheet to fall within a particular range of prices over 90 days) .
Indiva Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Indiva market risk premium is the additional return an investor will receive from holding Indiva long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Indiva. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Indiva's alpha and beta are two of the key measurements used to evaluate Indiva's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 6.4 | |||
| Standard Deviation | 9.96 | |||
| Variance | 99.27 | |||
| Risk Adjusted Performance | 0.0045 |
Indiva Stock Against Markets
Picking the right benchmark for Indiva pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Indiva pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Indiva is critical whether you are bullish or bearish towards Indiva at a given time. Please also check how Indiva's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Indiva without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
Indiva Corporate Management
Elected by the shareholders, the Indiva's board of directors comprises two types of representatives: Indiva inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Indiva. The board's role is to monitor Indiva's management team and ensure that shareholders' interests are well served. Indiva's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Indiva's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Carmine Marotta | President, CoFounder | Profile | |
| Jennifer Welsh | Chief Officer | Profile | |
| Shimmy Posen | Corporate Secretary | Profile | |
| Leah Thiel | Marketing Director | Profile | |
| Eric Dam | Sales Director | Profile |
How to buy Indiva Pink Sheet?
Before investing in Indiva, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Indiva. To buy Indiva stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Indiva. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Indiva stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Indiva stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Indiva stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Indiva, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Indiva?
The danger of trading Indiva is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Indiva is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Indiva. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Indiva is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Indiva. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Indiva information on this page should be used as a complementary analysis to other Indiva'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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Indiva Pink Sheet analysis
When running Indiva's price analysis, check to measure Indiva'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 Indiva is operating at the current time. Most of Indiva's value examination focuses on studying past and present price action to predict the probability of Indiva's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Indiva's price. Additionally, you may evaluate how the addition of Indiva to your portfolios can decrease your overall portfolio volatility.
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