OTCPK:HMLS.F

Stock Analysis Report

Horizons Marijuana Life Sciences Index ETF

Executive Summary

Horizons Marijuana Life Sciences Index ETF is an exchange traded fund launched and managed by Horizons ETFs Management (Canada) Inc.


Snowflake Analysis

Share Price & News

How has Horizons Marijuana Life Sciences Index ETF's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: HMLS.F's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-9.2%

HMLS.F

-8.0%

US Capital Markets

-7.4%

US Market


1 Year Return

-64.3%

HMLS.F

8.3%

US Capital Markets

10.5%

US Market

Return vs Industry: HMLS.F underperformed the US Capital Markets industry which returned 8.3% over the past year.

Return vs Market: HMLS.F underperformed the US Market which returned 10.5% over the past year.


Shareholder returns

HMLS.FIndustryMarket
7 Day-9.2%-8.0%-7.4%
30 Day-11.4%-4.0%-3.6%
90 Day-14.5%-2.1%-0.6%
1 Year-61.2%-64.3%10.4%8.3%12.8%10.5%
3 Yearn/a27.5%20.4%37.4%28.6%
5 Yearn/a70.2%54.4%61.3%43.6%

Price Volatility Vs. Market

How volatile is Horizons Marijuana Life Sciences Index ETF's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Horizons Marijuana Life Sciences Index ETF undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Horizons Marijuana Life Sciences Index ETF is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Horizons Marijuana Life Sciences Index ETF has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.

Future Growth

How is Horizons Marijuana Life Sciences Index ETF forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.5%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Horizons Marijuana Life Sciences Index ETF has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Horizons Marijuana Life Sciences Index ETF performed over the past 5 years?

17.3%

Historical Diversified Financials annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Horizons Marijuana Life Sciences Index ETF has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.

Financial Health

How is Horizons Marijuana Life Sciences Index ETF's financial position? (This company is analysed differently as a bank or financial institution)


In this section we usually analyse Horizons Marijuana Life Sciences Index ETF's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Horizons Marijuana Life Sciences Index ETF has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.

Dividend

What is Horizons Marijuana Life Sciences Index ETF's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate HMLS.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate HMLS.F's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if HMLS.F's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if HMLS.F's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of HMLS.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Horizons Marijuana Life Sciences Index ETF has no CEO, or we have no data on them.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Horizons Marijuana Life Sciences Index ETF's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Horizons Marijuana Life Sciences Index ETF
  • Ticker: HMLS.F
  • Exchange: OTCPK
  • Founded: 2017
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: CA$0
  • Shares outstanding: 0
  • Website: https://null

Location

  • Horizons Marijuana Life Sciences Index ETF
  • 55 University Avenue
  • Suite 800
  • Toronto
  • Ontario
  • M5J 2H7
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HMMJTSX (The Toronto Stock Exchange)YesUNIT CL ACACADApr 2017
HMLS.FOTCPK (Pink Sheets LLC)YesUNIT CL AUSUSDApr 2017
APW1MUN (Boerse Muenchen)YesUNIT CL ADEEURApr 2017
HMMJBVL (Bolsa de Valores de Lima)YesUNIT CL APEUSDApr 2017

Biography

Horizons Marijuana Life Sciences Index ETF is an exchange traded fund launched and managed by Horizons ETFs Management (Canada) Inc. The fund invests in public equity markets of North America. It invests in stocks of companies operating in the life sciences sector, including companies with significant business activities in the marijuana industry. The fund invests in stocks of companies across all market capitalizations. It replicates the performance of the North American Medical Marijuana Index, net of expenses, by investing in stocks of companies as per their weightings in the index. The fund was formerly known as Horizons Medical Marijuana Life Sciences ETF. Horizons Marijuana Life Sciences Index ETF was formed on April 4, 2017 and is domiciled in Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 02:41
End of Day Share Price2020/02/25 00:00
EarningsN/A
Annual EarningsN/A


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.