Avricore Health Stock Analysis

Avricore Stock Analysis Notes

The company recorded a loss per share of 0.01. Avricore Health last dividend was issued on the 21st of November 2016. The entity had 1:4 split on the 21st of November 2016. Avricore Health Inc. manufactures and sells over-the-counter products in Canada. Avricore Health Inc. was founded in 1996 and is headquartered in Vancouver, Canada. AVRICORE HEALTH operates under Drug Manufacturers - Specialty Generic classification in Canada and is traded on TSX Venture Exchange. For more info on Avricore Health please contact Bob Rai at 604-773-8943 or go to https://avricore.com.

Avricore Health Investment Alerts

Avricore Health Thematic Classifications

Avricore Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 15.44 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Avricore Health's market, we take the total number of its shares issued and multiply it by Avricore Health'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.

Avricore Profitablity

The company has Profit Margin (PM) of (0.32) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.28) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.28.

Management Efficiency

Avricore Health has return on total asset (ROA) of (0.2277) % which means that it has lost $0.2277 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.5653) %, meaning that it generated substantial loss on money invested by shareholders. Avricore Health's management efficiency ratios could be used to measure how well Avricore Health manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.39 in 2024. Return On Capital Employed is likely to drop to -0.39 in 2024. At this time, Avricore Health's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 1.4 M in 2024, despite the fact that Non Currrent Assets Other are likely to grow to (972.9 K).

Technical Drivers

As of the 23rd of April, Avricore Health shows the Downside Deviation of 10.13, mean deviation of 4.58, and Risk Adjusted Performance of 0.0476. Avricore Health 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down nineteen technical drivers for Avricore Health, which can be compared to its peers. Please confirm Avricore Health jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if Avricore Health is priced correctly, providing market reflects its regular price of 0.16 per share.

Avricore Health Price Movement Analysis

Avricore Health Predictive Daily Indicators

Avricore Health Forecast Models

Avricore Health's time-series forecasting models are one of many Avricore Health'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 Avricore Health'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 Avricore Health 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 Avricore 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 Avricore Health. By using and applying Avricore Stock analysis, traders can create a robust methodology for identifying Avricore entry and exit points for their positions.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avricore Health. 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. Note that the Avricore Health information on this page should be used as a complementary analysis to other Avricore Health'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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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