Decibel Cannabis Company Inc (DB.V)

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The chart shows the growth of an initial investment of CA$10,000 in Decibel Cannabis Company Inc, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Decibel Cannabis Company Inc (DB.V) has returned 22.73% so far this year and 107.69% over the past 12 months.

Based on dividend-adjusted daily data since Sep 9, 2019, DB.V's average daily return is +0.11%, while the average monthly return is +1.24%. At this rate, your investment would double in approximately 4.7 years.

Historically, 48% of months were positive and 52% were negative. The best month was Jan 2021 with a return of +150.0%, while the worst month was May 2024 at -46.2%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 7 months.

On a daily basis, DB.V closed higher 29% of trading days. The best single day was Aug 15, 2024 with a return of +37.5%, while the worst single day was Mar 10, 2020 at -32.1%.

Decibel Cannabis Company Inc has an annualized alpha of 35.09%, beta of -0.08, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since September 10, 2019.

• This stock tended to rise when S&P 500 Index fell (downside capture of -18.58%), but participation in market rallies was also limited (-52.33%) — a profile typical of counter-cyclical assets.
• Beta of -0.08 may look defensive, but with R² of 0.00 this stock is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
• R² of 0.00 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

DB.V ranks 81 for risk / return — in the top 81% of stocks on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Decibel Cannabis Company Inc (DB.V) and compare them to a chosen benchmark (S&P 500 Index).

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Decibel Cannabis Company Inc. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Decibel Cannabis Company Inc was 91.84%, occurring on Aug 14, 2024. The portfolio has not yet recovered.

The current Decibel Cannabis Company Inc drawdown is 72.45%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of Decibel Cannabis Company Inc over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how Decibel Cannabis Company Inc is priced in the market compared to other companies in the Drug Manufacturers - Specialty & Generic industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.