Drone Delivery Canada Stock Today
| FLT Stock | CAD 0.21 0.01 4.55% |
Performance0 of 100
| Odds Of DistressOver 67
|
Drone Delivery is selling for under 0.21 as of the 25th of April 2024; that is -4.55 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.2. Drone Delivery has more than 67 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Drone Delivery Canada are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of January 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Technology Hardware & Equipment | Category Technology | Classification Information Technology |
Drone Delivery Canada Corp. designs, develops, and implements commercial drone-based logistics systems in Canada and internationally. The company was incorporated in 2011 and is based in Vaughan, Canada. DRONE DELIVERY is traded on Commodity Exchange in Exotistan. The company has 224.2 M outstanding shares of which 102.67 K shares are currently shorted by private and institutional investors with about 0.89 days to cover all short positions. More on Drone Delivery Canada
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Follow Valuation Profit Patterns Odds of Bankruptcy
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Drone 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. Drone Delivery's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Drone Delivery or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO President | Steve Magirias | ||||
| Business Concentration | Technology Hardware, Storage & Peripherals, Technology Hardware & Equipment, Information Technology, Information Technology, Technology Hardware, Storage & Peripherals, Computer Hardware, Technology, Cloud Computing (View all Sectors) | ||||
Drone Delivery's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Drone Delivery's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Drone Delivery's financial leverage. It provides some insight into what part of Drone Delivery's total assets is financed by creditors.
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Drone Delivery Canada (FLT) is traded on TSX Venture Exchange in Canada and employs 14 people. Drone Delivery is listed under Technology Hardware, Storage & Peripherals category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 45.96 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Drone Delivery's market, we take the total number of its shares issued and multiply it by Drone Delivery'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. Drone Delivery Canada classifies itself under Technology Hardware, Storage & Peripherals sector and is part of Information Technology industry. The entity has 224.2 M outstanding shares of which 102.67 K shares are currently shorted by private and institutional investors with about 0.89 days to cover all short positions.
Drone Delivery Canada has accumulated about 35.19 M in cash with (8.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.16.
Check Drone Delivery Probability Of Bankruptcy
Ownership AllocationDrone Delivery holds a total of 224.2 Million outstanding shares. Roughly 95.0 percent of Drone Delivery outstanding shares are held by general public with 0.205 (percent) owned by insiders and only 4.97 % by other corporate entities. 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.
Check Drone Ownership Details
Drone Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Drone Delivery jumping above the current price in 90 days from now is more than 93.0%. The Drone Delivery Canada probability density function shows the probability of Drone Delivery stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Drone Delivery Canada has a beta of -0.5359. This usually indicates as returns on the benchmark increase, returns on holding Drone Delivery are expected to decrease at a much lower rate. During a bear market, however, Drone Delivery Canada is likely to outperform the market. Additionally, drone Delivery Canada has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Drone Delivery to move above the current price in 90 days from now is more than 93.0 (This Drone Delivery Canada probability density function shows the probability of Drone Stock to fall within a particular range of prices over 90 days) .
Drone Delivery Canada Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Drone Delivery market risk premium is the additional return an investor will receive from holding Drone Delivery 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 Drone Delivery. 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 Drone Delivery's alpha and beta are two of the key measurements used to evaluate Drone Delivery's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.8 | |||
| Standard Deviation | 4.44 | |||
| Variance | 19.72 | |||
| Risk Adjusted Performance | (0.1) |
Drone Stock Against Markets
Picking the right benchmark for Drone Delivery 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 Drone Delivery 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 Drone Delivery is critical whether you are bullish or bearish towards Drone Delivery Canada at a given time. Please also check how Drone Delivery's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Drone Delivery 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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Drone Delivery Corporate Directors
Drone Delivery corporate directors refer to members of a Drone Delivery board of directors. The board of directors generally takes responsibility for the Drone Delivery's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Drone Delivery's board members must vote for the resolution. The Drone Delivery board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| James Williams | Director of Regulatory Affairs, USA | Profile | |
| Michael Fortuna | Director | Profile | |
| Chris Irwin | Director | Profile | |
| Robert Montemarano | Independent Director | Profile |
How to buy Drone Stock?
Before investing in Drone Delivery, 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 Drone Delivery. To buy Drone Delivery stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Drone Delivery. 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 Drone Delivery stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Drone Delivery Canada 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 Drone Delivery Canada 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 Drone Delivery Canada, 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 Drone Delivery Canada?
The danger of trading Drone Delivery Canada 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 Drone Delivery 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 Drone Delivery. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Drone Delivery Canada 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Drone Delivery Canada. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Drone Stock analysis
When running Drone Delivery's price analysis, check to measure Drone Delivery'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 Drone Delivery is operating at the current time. Most of Drone Delivery's value examination focuses on studying past and present price action to predict the probability of Drone Delivery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Drone Delivery's price. Additionally, you may evaluate how the addition of Drone Delivery to your portfolios can decrease your overall portfolio volatility.
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