Ovation Science Stock Performance
| OVATF Stock | USD 0.02 0.01 28.14% |
The company holds a Beta of -0.0362, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ovation Science are expected to decrease at a much lower rate. During the bear market, Ovation Science is likely to outperform the market. At this point, Ovation Science has a negative expected return of -0.45%. Please make sure to check Ovation Science's variance, as well as the relationship between the skewness and day typical price , to decide if Ovation Science performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Weakest
Weak | Strong |
Over the last 90 days Ovation Science has generated negative risk-adjusted returns adding no value to investors with long positions. Despite inconsistent performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in March 2026. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
Ovation |
Ovation Science Relative Risk vs. Return Landscape
If you would invest 2.95 in Ovation Science on November 21, 2025 and sell it today you would lose (0.83) from holding Ovation Science or give up 28.14% of portfolio value over 90 days. Ovation Science is currently producing negative expected returns and takes up 3.5732% volatility of returns over 90 trading days. Put another way, 32% of traded pink sheets are less volatile than Ovation, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Ovation Science Target Price Odds to finish over Current Price
The tendency of Ovation Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 0.02 | 90 days | 0.02 | close to 99 |
Based on a normal probability distribution, the odds of Ovation Science to move above the current price in 90 days from now is close to 99 (This Ovation Science probability density function shows the probability of Ovation Pink Sheet to fall within a particular range of prices over 90 days) .
Ovation Science Price Density |
| Price |
Predictive Modules for Ovation Science
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ovation Science. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ovation Science's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ovation Science Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ovation Science is not an exception. The market had few large corrections towards the Ovation Science's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Ovation Science, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ovation Science within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.43 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.14 |
Ovation Science Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Ovation Science for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ovation Science can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ovation Science generated a negative expected return over the last 90 days | |
| Ovation Science has some characteristics of a very speculative penny stock | |
| Ovation Science has high historical volatility and very poor performance | |
| Ovation Science has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 224.95 K. Net Loss for the year was (2.39 M) with profit before overhead, payroll, taxes, and interest of 520.79 K. | |
| Ovation Science has accumulated about 321.68 K in cash with (885.75 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 29.0% of the company outstanding shares are owned by corporate insiders |
Ovation Science Fundamentals Growth
Ovation Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Ovation Science, and Ovation Science fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Ovation Pink Sheet performance.
| Return On Equity | -1.88 | |||
| Return On Asset | -0.74 | |||
| Operating Margin | (11.43) % | |||
| Current Valuation | 537.31 K | |||
| Shares Outstanding | 29.37 M | |||
| Price To Book | 10.86 X | |||
| Price To Sales | 4.87 X | |||
| Revenue | 224.95 K | |||
| EBITDA | (2.39 M) | |||
| Cash And Equivalents | 321.68 K | |||
| Cash Per Share | 0.01 X | |||
| Debt To Equity | 0.07 % | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | (885.75 K) | |||
| Earnings Per Share | (0.06) X | |||
| Total Asset | 769.9 K | |||
About Ovation Science Performance
By analyzing Ovation Science's fundamental ratios, stakeholders can gain valuable insights into Ovation Science's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Ovation Science has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Ovation Science has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Ovation Science Inc. engages in the production of cannabis or hemp products in Canada, the United States, and Mexico. Ovation Science Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada. Ovation Science is traded on OTC Exchange in the United States.Things to note about Ovation Science performance evaluation
Checking the ongoing alerts about Ovation Science for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Ovation Science help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ovation Science generated a negative expected return over the last 90 days | |
| Ovation Science has some characteristics of a very speculative penny stock | |
| Ovation Science has high historical volatility and very poor performance | |
| Ovation Science has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 224.95 K. Net Loss for the year was (2.39 M) with profit before overhead, payroll, taxes, and interest of 520.79 K. | |
| Ovation Science has accumulated about 321.68 K in cash with (885.75 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 29.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Ovation Science's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Ovation Science's stock is overvalued or undervalued compared to its peers.
- Examining Ovation Science's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Ovation Science's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ovation Science's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ovation Science's pink sheet. These opinions can provide insight into Ovation Science's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Ovation Pink Sheet analysis
When running Ovation Science's price analysis, check to measure Ovation Science'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 Ovation Science is operating at the current time. Most of Ovation Science's value examination focuses on studying past and present price action to predict the probability of Ovation Science's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ovation Science's price. Additionally, you may evaluate how the addition of Ovation Science to your portfolios can decrease your overall portfolio volatility.
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