Draganfly Stock Performance

DPRO Stock  USD 0.26  0.02  8.33%   
The firm shows a Beta (market volatility) of -1.48, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Draganfly are expected to decrease by larger amounts. On the other hand, during market turmoil, Draganfly is expected to outperform it. Draganfly has an expected return of -0.0422%. Please make sure to confirm Draganfly jensen alpha and the relationship between the potential upside and period momentum indicator , to decide if Draganfly performance from the past will be repeated at some point in the near future.

Risk-Adjusted Performance

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Over the last 90 days Draganfly has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Draganfly is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
Last Split Factor
1:5
Last Split Date
2021-07-29
1
Draganfly selected as exclusive partner of UGoC to provide UAV solutions - TipRanks
02/13/2024
2
Crude Oil Rises 1 US Jobless Claims Fall To 201,000
02/22/2024
3
Knightscope Signs MoU with Draganfly
03/13/2024
4
DPRO Stock Earnings Draganfly Reported Results for Q4 2023
03/28/2024
5
HC Wainwright Equities Analysts Raise Earnings Estimates for Draganfly Inc. - Defense World
04/03/2024
6
Draganfly Showcases Innovation Amid Nasdaq Compliance Efforts - TipRanks.com - TipRanks
04/12/2024
Begin Period Cash Flow7.5 M
  

Draganfly Relative Risk vs. Return Landscape

If you would invest  39.00  in Draganfly on January 19, 2024 and sell it today you would lose (13.00) from holding Draganfly or give up 33.33% of portfolio value over 90 days. Draganfly is currently does not generate positive expected returns and assumes 9.891% risk (volatility on return distribution) over the 90 days horizon. In different words, 87% of stocks are less volatile than Draganfly, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Expected Return   
       Risk  
Given the investment horizon of 90 days Draganfly is expected to under-perform the market. In addition to that, the company is 15.9 times more volatile than its market benchmark. It trades about 0.0 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.11 per unit of volatility.

Draganfly Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Draganfly's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Draganfly, and traders can use it to determine the average amount a Draganfly's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0043

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Estimated Market Risk

 9.89
  actual daily
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87% of assets are less volatile

Expected Return

 -0.04
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Most of other assets have higher returns

Risk-Adjusted Return

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Most of other assets perform better
Based on monthly moving average Draganfly is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Draganfly by adding Draganfly to a well-diversified portfolio.

Draganfly Fundamentals Growth

Draganfly Stock prices reflect investors' perceptions of the future prospects and financial health of Draganfly, and Draganfly fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Draganfly Stock performance.

About Draganfly Performance

To evaluate Draganfly Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Draganfly generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Draganfly Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Draganfly market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Draganfly's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 115.68  100.82 
Return On Tangible Assets(2.85)(3.00)
Return On Capital Employed(24.39)(23.17)
Return On Assets(2.83)(2.98)
Return On Equity(57.91)(55.02)

Things to note about Draganfly performance evaluation

Checking the ongoing alerts about Draganfly for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Draganfly help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Draganfly generated a negative expected return over the last 90 days
Draganfly has high historical volatility and very poor performance
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.
Latest headline from news.google.com: Draganfly Showcases Innovation Amid Nasdaq Compliance Efforts - TipRanks.com - TipRanks
Evaluating Draganfly's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Draganfly's stock performance include:
  • Analyzing Draganfly's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Draganfly's stock is overvalued or undervalued compared to its peers.
  • Examining Draganfly's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Draganfly's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Draganfly's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Draganfly's stock. These opinions can provide insight into Draganfly's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Draganfly's stock performance is not an exact science, and many factors can impact Draganfly's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 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.
To learn how to invest in Draganfly Stock, please use our How to Invest in Draganfly guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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When running Draganfly's price analysis, check to measure Draganfly'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 Draganfly is operating at the current time. Most of Draganfly's value examination focuses on studying past and present price action to predict the probability of Draganfly's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Draganfly's price. Additionally, you may evaluate how the addition of Draganfly to your portfolios can decrease your overall portfolio volatility.
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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.