Allied Corp Stock Today
| ALID Stock | USD 0.17 0.01 5.56% |
Performance11 of 100
| Odds Of DistressOver 74
|
Allied Corp is trading at 0.17 as of the 17th of April 2024, a -5.56 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.17. Allied Corp has a very high chance of experiencing financial distress in the next few years of operation. However, it had a very good returns during the last 90 days. Equity ratings for Allied Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of March 2024 and ending today, the 17th of April 2024. Click here to learn more.
Allied Corp., a medical cannabis production company, engages in the research, development, and production of cannabinoid health solutions in the United States. The company was incorporated in 2013 and is headquartered in Kelowna, Canada. ALLIED CORP is traded on OTC Exchange in the United States.. The company has 97.04 M outstanding shares. More on Allied Corp
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Follow Valuation Odds of Bankruptcy
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Allied OTC Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Allied Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Allied Corp 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) |
Allied Corp [ALID] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Micro-Cap' category with a current market capitalization of 29.06 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Allied Corp's market, we take the total number of its shares issued and multiply it by Allied Corp'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. Allied Corp conducts business under Healthcare sector and is part of Drug Manufacturers—Specialty & Generic industry. The entity has 97.04 M outstanding shares.
Allied Corp currently holds about 80.69 K in cash with (4.28 M) of positive cash flow from operations.
Check Allied Corp Probability Of Bankruptcy
Ownership AllocationAllied Corp holds a total of 97.04 Million outstanding shares. Allied Corp retains 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 secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Allied Stock Price Odds Analysis
What are Allied Corp's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Allied Corp jumping above the current price in 90 days from now is near 1%. The Allied Corp probability density function shows the probability of Allied Corp otc stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Allied Corp has a beta of 0.2366. This suggests as returns on the market go up, Allied Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Allied Corp will be expected to be much smaller as well. In addition to that, allied Corp has an alpha of 2.2432, implying that it can generate a 2.24 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Allied Corp to move above the current price in 90 days from now is near 1 (This Allied Corp probability density function shows the probability of Allied OTC Stock to fall within a particular range of prices over 90 days) .
Allied Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Allied Corp market risk premium is the additional return an investor will receive from holding Allied Corp 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 Allied Corp. 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 Allied Corp's alpha and beta are two of the key measurements used to evaluate Allied Corp's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 11.74 | |||
| Semi Deviation | 9.55 | |||
| Standard Deviation | 17.07 | |||
| Variance | 291.22 |
Allied Stock Against Markets
Picking the right benchmark for Allied Corp otc stock 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 Allied Corp otc stock 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 Allied Corp is critical whether you are bullish or bearish towards Allied Corp at a given time. Please also check how Allied Corp's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Allied Corp 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 |
Allied Corp Corporate Management
Elected by the shareholders, the Allied Corp's board of directors comprises two types of representatives: Allied Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Allied. The board's role is to monitor Allied Corp's management team and ensure that shareholders' interests are well served. Allied Corp'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, Allied Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| James McMillan | Chief Goods | Profile | |
| Calum Hughes | Chairman Founder | Profile | |
| Radka Milanova | Chief Director | Profile | |
| Paul Bullock | COO Director | Profile | |
| MBA MBA | VP Director | Profile | |
| CPA BSc | Chief Officer | Profile |
How to buy Allied OTC Stock?
Before investing in Allied Corp, 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 Allied Corp. To buy Allied Corp stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Allied Corp. 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 Allied Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Allied Corp 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 Allied Corp 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 Allied Corp, 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 Allied Corp?
The danger of trading Allied Corp is mainly related to its market volatility and OTC Stock 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 Allied Corp 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 Allied Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Allied Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Allied Corp. 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 gross domestic product. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Allied OTC Stock analysis
When running Allied Corp's price analysis, check to measure Allied Corp'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 Allied Corp is operating at the current time. Most of Allied Corp's value examination focuses on studying past and present price action to predict the probability of Allied Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allied Corp's price. Additionally, you may evaluate how the addition of Allied Corp to your portfolios can decrease your overall portfolio volatility.
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