Akanda Corp Stock Price History

AKAN Stock  USD 1.58  0.09  5.39%   
If you're considering investing in Akanda Stock, it is important to understand the factors that can impact its price. As of today, the current price of Akanda Corp stands at 1.58, as last reported on the 17th of January 2025, with the highest price reaching 1.67 and the lowest price hitting 1.58 during the day. Akanda Corp secures Sharpe Ratio (or Efficiency) of -0.0457, which signifies that the company had a -0.0457% return per unit of standard deviation over the last 3 months. Akanda Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Akanda Corp's mean deviation of 4.47, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
  
At this time, Akanda Corp's Common Stock Shares Outstanding is very stable compared to the past year. As of the 17th of January 2025, Liabilities And Stockholders Equity is likely to grow to about 16.5 M, though Total Stockholder Equity is likely to grow to (4.2 M). . As of the 17th of January 2025, Price Earnings To Growth Ratio is likely to grow to 0.02, while Price To Sales Ratio is likely to drop 78.39. Akanda Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0457

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Estimated Market Risk

 5.57
  actual daily
49
51% of assets are more volatile

Expected Return

 -0.25
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Akanda Corp is not performing at its full potential. However, 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 Akanda Corp by adding Akanda Corp to a well-diversified portfolio.
Price Book
0.5214
Enterprise Value Ebitda
(0.80)
Price Sales
0.9499
Shares Float
1.3 M
Earnings Share
(524.76)

Akanda Corp Stock Price History Chart

There are several ways to analyze Akanda Stock price data. The simplest method is using a basic Akanda candlestick price chart, which shows Akanda Corp price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceOctober 21, 20242.14
Lowest PriceDecember 18, 20241.32

Akanda Corp January 17, 2025 Stock Price Synopsis

Various analyses of Akanda Corp's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Akanda Stock. It can be used to describe the percentage change in the price of Akanda Corp from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Akanda Stock.
Akanda Corp Price Rate Of Daily Change 0.95 
Akanda Corp Accumulation Distribution 2,470 
Akanda Corp Price Action Indicator(0.09)
Akanda Corp Price Daily Balance Of Power(1.00)

Akanda Corp January 17, 2025 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Akanda Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Akanda Corp intraday prices and daily technical indicators to check the level of noise trading in Akanda Stock and then apply it to test your longer-term investment strategies against Akanda.

Akanda Stock Price History Data

The price series of Akanda Corp for the period between Sat, Oct 19, 2024 and Fri, Jan 17, 2025 has a statistical range of 0.88 with a coefficient of variation of 12.61. The prices are distributed with arithmetic mean of 1.61. The median price for the last 90 days is 1.6. The company had 1:2 stock split on 14th of November 2024.
OpenHighLowCloseVolume
01/17/2025 1.67  1.67  1.58  1.58  45,825 
01/16/2025 1.64  1.67  1.62  1.67  115,015 
01/15/2025 1.56  1.65  1.55  1.61  119,662 
01/14/2025 1.67  1.67  1.52  1.53  75,424 
01/13/2025 1.56  1.63  1.48  1.63  82,629 
01/10/2025 1.58  1.65  1.49  1.56  61,621 
01/08/2025 1.62  1.63  1.52  1.60  109,741 
01/07/2025 1.70  1.71  1.60  1.63  50,271 
01/06/2025 1.75  1.77  1.60  1.64  73,438 
01/03/2025 1.65  1.78  1.62  1.67  104,980 
01/02/2025 1.60  1.72  1.53  1.69  133,501 
12/31/2024 1.46  1.60  1.46  1.60  123,896 
12/30/2024 1.50  1.50  1.36  1.46  98,661 
12/27/2024 1.51  1.56  1.49  1.54  59,396 
12/26/2024 1.53  1.60  1.45  1.54  152,989 
12/24/2024 1.64  1.71  1.52  1.54  195,225 
12/23/2024 1.44  1.65  1.42  1.64  231,541 
12/20/2024 1.36  1.46  1.36  1.41  52,129 
12/19/2024 1.35  1.49  1.33  1.36  134,269 
12/18/2024 1.40  1.44  1.28  1.32  65,324 
12/17/2024 1.42  1.42  1.34  1.37  60,810 
12/16/2024 1.47  1.59  1.34  1.35  132,383 
12/13/2024 1.55  1.58  1.45  1.49  38,076 
12/12/2024 1.57  1.59  1.51  1.56  31,903 
12/11/2024 1.60  1.60  1.52  1.55  19,429 
12/10/2024 1.65  1.65  1.56  1.58  18,388 
12/09/2024 1.55  1.65  1.50  1.65  37,579 
12/06/2024 1.59  1.76  1.46  1.54  226,545 
12/05/2024 1.65  1.65  1.47  1.52  118,611 
12/04/2024 1.69  1.82  1.53  1.67  214,123 
12/03/2024 1.85  1.93  1.70  1.70  150,242 
12/02/2024 1.78  1.98  1.75  1.90  194,088 
11/29/2024 1.73  1.79  1.67  1.75  97,521 
11/27/2024 1.62  1.98  1.62  1.70  346,543 
11/26/2024 1.52  1.77  1.41  1.62  259,586 
11/25/2024 1.42  1.60  1.38  1.50  225,421 
11/22/2024 1.34  1.37  1.28  1.36  131,581 
11/21/2024 1.39  1.39  1.30  1.34  38,215 
11/20/2024 1.42  1.42  1.35  1.37  29,942 
11/19/2024 1.41  1.44  1.32  1.40  59,803 
11/18/2024 1.30  1.48  1.30  1.43  120,748 
11/15/2024 1.37  1.39  1.23  1.39  133,111 
11/14/2024 1.35  1.57  1.22  1.48  466,772 
11/13/2024 1.42  1.42  1.22  1.34  386,163 
11/12/2024 1.40  1.47  1.37  1.39  153,721 
11/11/2024 1.57  1.62  1.28  1.53  128,274 
11/08/2024 1.67  1.67  1.58  1.62  59,132 
11/07/2024 1.54  1.64  1.52  1.59  34,578 
11/06/2024 1.57  1.65  1.54  1.60  37,216 
11/05/2024 1.52  1.64  1.50  1.61  46,770 
11/04/2024 1.50  1.62  1.48  1.54  126,419 
11/01/2024 1.44  1.50  1.44  1.50  30,701 
10/31/2024 1.55  1.59  1.42  1.44  80,812 
10/30/2024 1.68  1.68  1.53  1.53  94,456 
10/29/2024 1.64  1.72  1.64  1.67  76,027 
10/28/2024 1.71  1.76  1.64  1.70  108,963 
10/25/2024 1.80  1.80  1.65  1.68  120,242 
10/24/2024 1.94  1.96  1.76  1.80  200,640 
10/23/2024 2.04  2.04  1.92  1.94  155,005 
10/22/2024 2.06  2.18  2.00  2.00  396,358 
10/21/2024 1.96  2.14  1.90  2.14  678,873 

About Akanda Corp Stock history

Akanda Corp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Akanda is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Akanda Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Akanda Corp stock prices may prove useful in developing a viable investing in Akanda Corp
Last ReportedProjected for Next Year
Common Stock Shares Outstanding5.2 M5.4 M
Net Loss-10.5 M-10 M

Akanda Corp Stock Technical Analysis

Akanda Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Akanda Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Akanda Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Akanda Corp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Akanda Corp's price direction in advance. Along with the technical and fundamental analysis of Akanda Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Akanda to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Akanda Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Akanda Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Akanda Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Akanda Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akanda Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Akanda Stock, please use our How to Invest in Akanda Corp guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Akanda Corp. If investors know Akanda will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Akanda Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(524.76)
Revenue Per Share
9.388
Quarterly Revenue Growth
2.705
Return On Assets
(0.26)
Return On Equity
(2.43)
The market value of Akanda Corp is measured differently than its book value, which is the value of Akanda that is recorded on the company's balance sheet. Investors also form their own opinion of Akanda Corp's value that differs from its market value or its book value, called intrinsic value, which is Akanda Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Akanda Corp's market value can be influenced by many factors that don't directly affect Akanda Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Akanda Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Akanda Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akanda Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.