Are VIVO Cannabis Inc. (TSXV:VIVO), Era Group Inc. (NYSE:ERA) Undervalued? Tracking the MF Rank

VIVO Cannabis Inc. (TSXV:VIVO) has a current Magic Formula rank of 14366. The formula which was developed by hedge fund manager Joel Greenblatt, is intended to spot high quality companies that are trading at an attractive price. The formula uses ROIC and earnings yield ratios to find quality, undervalued stocks. In general, companies with the lowest combined rank may be the higher quality picks.

There is no easy answer when attempting to address the tough question of how to best approach the equity market, especially when facing a turbulent investing climate. There are many different schools of thought when it comes to stock trading. Investors may have to first gauge their appetite for risk in order to build a solid platform on which to construct a legitimate strategy. The wealth of available information has made the road a bit smoother to travel for amateur investors. Making the transition to the

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