Flora Growth Corp Stock Performance
| FLGC Stock | USD 1.70 0.05 3.03% |
On a scale of 0 to 100, Flora Growth holds a performance score of 9. The firm shows a Beta (market volatility) of 0.0856, which means not very significant fluctuations relative to the market. As returns on the market increase, Flora Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Flora Growth is expected to be smaller as well. Please check Flora Growth's total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to make a quick decision on whether Flora Growth's price patterns will revert.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Flora Growth Corp are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather weak technical and fundamental indicators, Flora Growth exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:20 | Last Split Date 2023-06-09 |
1 | Insider Trading | 08/29/2024 |
2 | Acquisition by Wolkin Harold of 5000 shares of Flora Growth at 0.962 subject to Rule 16b-3 | 09/06/2024 |
3 | Acquisition by Clifford Starke of 6795 shares of Flora Growth at 0.95 subject to Rule 16b-3 | 09/13/2024 |
4 | Flora Growth enters supply agreement with Blossom Genetics | 09/18/2024 |
5 | InvestorNewsBreaks Flora Growth Corp. Partners with Sezzle to Offer Buy Now, Pay Later Financing Option to US Consumers | 09/19/2024 |
6 | Weekly Roundup on the Cannabis Sector Psychedelic Sector | 09/23/2024 |
7 | Flora Growth Corp. Participates in U.S. Hemp Roundtable Meetings to Advocate for Effective Legislation on Capitol Hill | 09/25/2024 |
8 | Synthetic Cannabinoids Could Be Federally Banned Under New Senate Bill To Regulate Hemp-Derived Products | 09/27/2024 |
9 | Flora Growth Corp. Expands Offering to Include Love Hemp Products on E-Commerce Channels | 10/02/2024 |
10 | HempNewsBreaks Flora Growth Corp. Notes Pivotal Moment with Changes in Germanys Industrial Hemp Legislation | 10/09/2024 |
11 | Nasdaq-Listed Cannabis Company Eyes Germanys New Hemp Legislation With Intense Interest | 10/10/2024 |
12 | Flora Growth Corp. Appoints Omar Sharif Jr. as Special Advisor, Strengthening Commitment to Diversity and Social Advocacy | 10/16/2024 |
| Begin Period Cash Flow | 8.9 M |
Flora |
Flora Growth Relative Risk vs. Return Landscape
If you would invest 114.00 in Flora Growth Corp on July 20, 2024 and sell it today you would earn a total of 56.00 from holding Flora Growth Corp or generate 49.12% return on investment over 90 days. Flora Growth Corp is currently generating 0.8652% in daily expected returns and assumes 7.118% risk (volatility on return distribution) over the 90 days horizon. In different words, 63% of stocks are less volatile than Flora, and 83% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Flora Growth Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Flora Growth's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Flora Growth Corp, and traders can use it to determine the average amount a Flora Growth's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1215
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | FLGC | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 7.12 actual daily | 63 63% of assets are less volatile |
Expected Return
| 0.87 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Flora Growth is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Flora Growth by adding it to a well-diversified portfolio.
Flora Growth Fundamentals Growth
Flora Stock prices reflect investors' perceptions of the future prospects and financial health of Flora Growth, and Flora Growth 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 Flora Stock performance.
| Return On Equity | -1.35 | ||||
| Return On Asset | -0.17 | ||||
| Profit Margin | (0.22) % | ||||
| Operating Margin | (0.20) % | ||||
| Current Valuation | 22.21 M | ||||
| Shares Outstanding | 13.37 M | ||||
| Price To Book | 3.11 X | ||||
| Price To Sales | 0.33 X | ||||
| Revenue | 76.07 M | ||||
| Gross Profit | 2.42 M | ||||
| EBITDA | (6.31 M) | ||||
| Net Income | (47.36 M) | ||||
| Cash And Equivalents | 10.27 M | ||||
| Cash Per Share | 0.13 X | ||||
| Total Debt | 3.67 M | ||||
| Debt To Equity | 0.06 % | ||||
| Current Ratio | 3.18 X | ||||
| Book Value Per Share | 0.55 X | ||||
| Cash Flow From Operations | (8.4 M) | ||||
| Earnings Per Share | (0.93) X | ||||
| Market Capitalization | 22.72 M | ||||
| Total Asset | 23.63 M | ||||
| Retained Earnings | (142.55 M) | ||||
| Working Capital | 5.08 M | ||||
About Flora Growth Performance
By analyzing Flora Growth's fundamental ratios, stakeholders can gain valuable insights into Flora Growth's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Flora Growth 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 Flora Growth has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 41.89 | 39.79 | |
| Return On Tangible Assets | (2.38) | (2.50) | |
| Return On Capital Employed | (1.18) | (1.12) | |
| Return On Assets | (2.28) | (2.17) | |
| Return On Equity | (8.42) | (7.99) |
Things to note about Flora Growth Corp performance evaluation
Checking the ongoing alerts about Flora Growth for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Flora Growth Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Flora Growth Corp is way too risky over 90 days horizon | |
| Flora Growth Corp may become a speculative penny stock | |
| Flora Growth Corp appears to be risky and price may revert if volatility continues | |
| Flora Growth Corp has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 76.07 M. Net Loss for the year was (47.36 M) with profit before overhead, payroll, taxes, and interest of 2.42 M. | |
| Flora Growth Corp currently holds about 10.27 M in cash with (8.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.13. | |
| Roughly 23.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Flora Growth Corp. Appoints Omar Sharif Jr. as Special Advisor, Strengthening Commitment to Diversity and Social Advocacy |
- Analyzing Flora Growth'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 Flora Growth's stock is overvalued or undervalued compared to its peers.
- Examining Flora Growth'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 Flora Growth's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Flora Growth's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Flora Growth's stock. These opinions can provide insight into Flora Growth's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Flora Stock analysis
When running Flora Growth's price analysis, check to measure Flora Growth'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 Flora Growth is operating at the current time. Most of Flora Growth's value examination focuses on studying past and present price action to predict the probability of Flora Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flora Growth's price. Additionally, you may evaluate how the addition of Flora Growth to your portfolios can decrease your overall portfolio volatility.
| Stocks Directory Find actively traded stocks across global markets | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |