Avricore Stock Today

AVCR Stock  CAD 0.34  0.01  2.86%   
Market Performance
11 of 100
Odds Of Distress
Less than 36
Avricore Health is selling for under 0.34 as of the 6th of February 2023; that is -2.86 percent down since the beginning of the trading day. The stock's lowest day price was 0.34. Avricore Health has about a 36 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Avricore Health are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of January 2023 and ending today, the 6th of February 2023. Click here to learn more.
Fiscal Year End
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.. The company has 98.62 M outstanding shares of which 37.57 K shares are presently shorted by private and institutional investors with about 0.34 days to cover all short positions. More on Avricore Health
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Avricore Health 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. Avricore Health's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Avricore Health or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO, DirectorBob Rai
Thematic IdeaHealth Management (view all)
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Avricore Health's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldOvervalued
Avricore Health (AVCR) is traded on TSX Venture Exchange in Canada and employs 12 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 34.02 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 Health operates under Healthcare sector and is part of Drug Manufacturers - Specialty & Generic industry. The entity has 98.62 M outstanding shares of which 37.57 K shares are presently shorted by private and institutional investors with about 0.34 days to cover all short positions. Avricore Health has accumulated about 122.09 K in cash with (1.23 M) of positive cash flow from operations.
Check Avricore Health Probability Of Bankruptcy
Avricore Health retains a total of 98.62 Million outstanding shares. Avricore Health shows 8.5 percent if its outstanding shares held by insiders and 8.5 percent owned by other corporate entities . Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation

Check Avricore Ownership Details

Avricore Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Avricore Health jumping above the current price in 90 days from now is about 16.93%. The Avricore Health probability density function shows the probability of Avricore Health stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Avricore Health has a beta of 0.7899. This suggests as returns on the market go up, Avricore Health average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Avricore Health will be expected to be much smaller as well. Additionally, the company has an alpha of 0.734, implying that it can generate a 0.73 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.34HorizonTargetOdds Above 0.34
82.99%90 days
Based on a normal probability distribution, the odds of Avricore Health to move above the current price in 90 days from now is about 16.93 (This Avricore Health probability density function shows the probability of Avricore Stock to fall within a particular range of prices over 90 days) .

Avricore Health Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Avricore Health market risk premium is the additional return an investor will receive from holding Avricore Health 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 Avricore Health. 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 Avricore Health's alpha and beta are two of the key measurements used to evaluate Avricore Health's performance over the market, the standard measures of volatility play an important role as well.

Avricore Stock Against Markets

Picking the right benchmark for Avricore Health 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 Avricore Health 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 Avricore Health is critical whether you are bullish or bearish towards Avricore Health at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Avricore Health 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.

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Avricore Health Corporate Executives

Elected by the shareholders, the Avricore Health's board of directors comprises two types of representatives: Avricore Health inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Avricore. The board's role is to monitor Avricore Health's management team and ensure that shareholders' interests are well served. Avricore Health'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, Avricore Health's outside directors are responsible for providing unbiased perspectives on the board's policies.

Invested in Avricore Health?

The danger of trading Avricore Health 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 Avricore Health 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 Avricore Health. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Avricore Health 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.
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When running Avricore Health 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 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.
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Please note, there is a significant difference between Avricore Health's value and its price as these two are different measures arrived at by different means. Investors typically determine Avricore Health value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avricore Health'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.