Akanda Corp Stock Analysis

Akanda Stock Analysis Notes

The company has price-to-book (P/B) ratio of 0.09. Some equities with similar Price to Book (P/B) outperform the market in the long run. Akanda Corp recorded a loss per share of 286.4. The entity had not issued any dividends in recent years. The firm had 1:40 split on the 23rd of May 2024. Akanda Corp., through its subsidiaries, engages in the cultivation, manufacture, and distribution of cannabis products in the United Kingdom, Lesotho, and internationally. The company was incorporated in 2021 and is headquartered in New Romney, the United Kingdom. Akanda Corp is traded on NASDAQ Exchange in the United States. For more info on Akanda Corp please contact Tejinder Virk at 44 2024 987 917 or go to https://www.akandacorp.com.

Akanda Corp Investment Alerts

Akanda Corp Upcoming and Recent Events

Akanda Corp Environmental, Social, and Governance (ESG) Scores

Akanda Corp Thematic Classifications

Akanda Stock Institutional Investors

Note, although Akanda Corp'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.

Akanda Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.02 M.

Akanda Profitablity

Management Efficiency

Akanda Corp has return on total asset (ROA) of (0.2561) % which means that it has lost $0.2561 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (2.7979) %, meaning that it created substantial loss on money invested by shareholders. Akanda Corp's management efficiency ratios could be used to measure how well Akanda Corp manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Akanda Corp's Return On Capital Employed is very stable compared to the past year. As of the 12th of June 2024, Return On Equity is likely to grow to 8.85, though Return On Tangible Assets are likely to grow to (6.08). At this time, Akanda Corp's Fixed Asset Turnover is very stable compared to the past year. As of the 12th of June 2024, Asset Turnover is likely to grow to 0.26, while Other Current Assets are likely to drop about 133.6 K.

Technical Drivers

As of the 12th of June 2024, Akanda Corp shows the risk adjusted performance of (0.01), and Mean Deviation of 10.54. Akanda Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Akanda Corp Price Movement Analysis

Akanda Corp Predictive Daily Indicators

Akanda Corp Corporate Filings

Akanda Corp Forecast Models

Akanda Corp's time-series forecasting models are one of many Akanda Corp's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Akanda Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Akanda Corp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Akanda shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Akanda Corp. By using and applying Akanda Stock analysis, traders can create a robust methodology for identifying Akanda entry and exit points for their positions.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akanda Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Akanda Stock, please use our How to Invest in Akanda Corp guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Is Biotechnology space 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 Akanda Corp. If investors know Akanda 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 Akanda Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Akanda Corp is measured differently than its book value, which is the value of Akanda that is recorded on the company's balance sheet. Investors also form their own opinion of Akanda Corp's value that differs from its market value or its book value, called intrinsic value, which is Akanda Corp'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 Akanda Corp's market value can be influenced by many factors that don't directly affect Akanda Corp'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 Akanda Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Akanda Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akanda Corp'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.