Numinus Wellness Stock Analysis

Numinus OTC Stock Analysis Notes

The company has price-to-book ratio of 1.31. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Numinus Wellness recorded a loss per share of 0.1. The entity last dividend was issued on the 20th of May 2020. The firm had 1:2 split on the 20th of May 2020. Numinus Wellness Inc. provides solutions to develop and deliver psychedelic-assisted psychotherapy and transform the mental health landscape. This division also offers training, facilities, and other operational resources to practitioners. Numinus Wellness is traded on OTC Exchange in the United States.The quote for Numinus Wellness is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To find out more about Numinus Wellness contact Payton Nyquvest at 833 686 4687 or learn more at https://www.numinus.com.

Numinus Wellness Investment Alerts

Numinus Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 49.17 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Numinus Wellness's market, we take the total number of its shares issued and multiply it by Numinus Wellness'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.

Technical Drivers

As of the 20th of July, Numinus Wellness secures the Risk Adjusted Performance of 0.0807, mean deviation of 9.69, and Downside Deviation of 11.75. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Numinus Wellness, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for Numinus Wellness, which can be compared to its peers in the industry. Please verify Numinus Wellness treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Numinus Wellness is priced some-what accurately, providing market reflects its recent price of 0.0236 per share. As Numinus Wellness appears to be a penny stock we also strongly suggest to check its total risk alpha numbers.

Numinus Wellness Price Movement Analysis

Numinus Wellness Predictive Daily Indicators

Numinus Wellness Forecast Models

Numinus Wellness' time-series forecasting models are one of many Numinus Wellness' otc 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 Numinus Wellness' 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.

OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Numinus Wellness 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 Numinus shares will generate the highest return on investment. We also built our otc 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 OTC such as Numinus Wellness. By using and applying Numinus OTC Stock analysis, traders can create a robust methodology for identifying Numinus entry and exit points for their positions.

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