Item 9 Labs Stock Analysis

Item Pink Sheet Analysis Notes

About 26.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.28. Some equities with similar Price to Book (P/B) outperform the market in the long run. Item 9 Labs recorded a loss per share of 0.18. The entity last dividend was issued on the 18th of October 2018. The firm had 1:20 split on the 18th of October 2018. Item 9 Labs Corp. operates as a vertically integrated cannabis operator and dispensary franchisor in the United States. It also operates and sells medical and adult-use cannabis dispensary franchises under the Unity Rd brand name. Item 9 operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 103 people.The quote for Item 9 Labs is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To learn more about Item 9 Labs call Jeffrey Rassas at 833 867 6337 or check out https://www.item9labscorp.com.

Item 9 Labs Investment Alerts

Item Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 17.25 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Item 9's market, we take the total number of its shares issued and multiply it by Item 9'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.

Item Profitablity

The company has Profit Margin (PM) of (1.43) %, 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 (0.6) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.6.

Technical Drivers

As of the 18th of April 2024, Item 9 retains the Market Risk Adjusted Performance of (0.09), standard deviation of 25.3, and Risk Adjusted Performance of 0.0025. Item 9 technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down and interpolate thirteen technical drivers for Item 9 Labs, which can be compared to its competitors. Please check out Item 9 Labs variance, as well as the relationship between the maximum drawdown and skewness to decide if Item 9 is priced fairly, providing market reflects its last-minute price of 1.0E-4 per share. As Item 9 Labs appears to be a penny stock we also urge to confirm its jensen alpha numbers.

Item 9 Labs Price Movement Analysis

Item 9 Predictive Daily Indicators

Item 9 Forecast Models

Item 9's time-series forecasting models are one of many Item 9's pink sheet 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 Item 9'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.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Item 9 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 Item shares will generate the highest return on investment. We also built our pink sheet 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 Pink Sheet such as Item 9. By using and applying Item Pink Sheet analysis, traders can create a robust methodology for identifying Item entry and exit points for their positions.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Item 9 Labs. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

When running Item 9's price analysis, check to measure Item 9'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 Item 9 is operating at the current time. Most of Item 9's value examination focuses on studying past and present price action to predict the probability of Item 9's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Item 9's price. Additionally, you may evaluate how the addition of Item 9 to your portfolios can decrease your overall portfolio volatility.