General Cannabis Pink Sheet Forecast - Simple Regression

CANN Stock  USD 0.04  0  7.49%   
General Pink Sheet outlook is based on your current time horizon.
As of today, the relative strength index (RSI) of General Cannabis' share price is approaching 46 suggesting that the pink sheet is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling General Cannabis, making its price go up or down.

Momentum 46

 Impartial

 
Oversold
 
Overbought
The successful prediction of General Cannabis' future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with General Cannabis Corp, which may create opportunities for some arbitrage if properly timed.
Using General Cannabis hype-based prediction, you can estimate the value of General Cannabis Corp from the perspective of General Cannabis response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of General Cannabis Corp on the next trading day is expected to be 0.04 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.15.

General Cannabis after-hype prediction price

    
  USD 0.04  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of General Cannabis to cross-verify your projections.

General Cannabis Additional Predictive Modules

Most predictive techniques to examine General price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for General using various technical indicators. When you analyze General charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Simple Regression model is a single variable regression model that attempts to put a straight line through General Cannabis price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

General Cannabis Simple Regression Price Forecast For the 26th of January

Given 90 days horizon, the Simple Regression forecasted value of General Cannabis Corp on the next trading day is expected to be 0.04 with a mean absolute deviation of 0, mean absolute percentage error of 0.000012, and the sum of the absolute errors of 0.15.
Please note that although there have been many attempts to predict General Pink Sheet prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that General Cannabis' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

General Cannabis Pink Sheet Forecast Pattern

Backtest General Cannabis  General Cannabis Price Prediction  Buy or Sell Advice  

General Cannabis Forecasted Value

In the context of forecasting General Cannabis' Pink Sheet value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. General Cannabis' downside and upside margins for the forecasting period are 0.0004 and 7.64, respectively. We have considered General Cannabis' daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
0.04
0.0004
Downside
0.04
Expected Value
7.64
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of General Cannabis pink sheet data series using in forecasting. Note that when a statistical model is used to represent General Cannabis pink sheet, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria106.7502
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0025
MAPEMean absolute percentage error0.0619
SAESum of the absolute errors0.1509
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as General Cannabis Corp historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for General Cannabis

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as General Cannabis Corp. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
0.000.047.64
Details
Intrinsic
Valuation
LowRealHigh
0.000.037.63
Details

General Cannabis After-Hype Price Density Analysis

As far as predicting the price of General Cannabis at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in General Cannabis or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Pink Sheet prices, such as prices of General Cannabis, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

General Cannabis Estimiated After-Hype Price Volatility

In the context of predicting General Cannabis' pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on General Cannabis' historical news coverage. General Cannabis' after-hype downside and upside margins for the prediction period are 0.00 and 7.64, respectively. We have considered General Cannabis' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
0.04
0.04
After-hype Price
7.64
Upside
General Cannabis is out of control at this time. Analysis and calculation of next after-hype price of General Cannabis Corp is based on 3 months time horizon.

General Cannabis Pink Sheet Price Outlook Analysis

Have you ever been surprised when a price of a Company such as General Cannabis is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading General Cannabis backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Pink Sheet price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with General Cannabis, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.18 
7.60
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.04
0.04
11.42 
0.00  
Notes

General Cannabis Hype Timeline

General Cannabis Corp is currently traded for 0.04. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. General is estimated to increase in value after the next headline, with the price projected to jump to 0.04 or above. The average volatility of media hype impact on the company the price is insignificant. The price boost on the next news is estimated to be 11.42%, whereas the daily expected return is currently at -0.18%. The volatility of related hype on General Cannabis is about 0.0%, with the expected price after the next announcement by competition of 0.04. General Cannabis Corp currently holds 5.91 M in liabilities with Debt to Equity (D/E) ratio of 0.99, which is about average as compared to similar companies. General Cannabis Corp has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist General Cannabis until it has trouble settling it off, either with new capital or with free cash flow. So, General Cannabis' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like General Cannabis Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for General to invest in growth at high rates of return. When we think about General Cannabis' use of debt, we should always consider it together with cash and equity.Given the investment horizon of 90 days the next estimated press release will be in 5 to 10 days.
Check out Historical Fundamental Analysis of General Cannabis to cross-verify your projections.

General Cannabis Related Hype Analysis

Having access to credible news sources related to General Cannabis' direct competition is more important than ever and may enhance your ability to predict General Cannabis' future price movements. Getting to know how General Cannabis' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how General Cannabis may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
CPIVFCaptiva Verde Land 0.00 0 per month 25.00  0.22  127.27 (58.95) 216.41 
MVMDFMountain Valley MD 0.00 0 per month 9.84  0.10  27.00 (20.86) 86.13 
BBRRFBlueberries Medical Corp 0.00 0 per month 7.77  0.04  16.83 (11.50) 57.95 
RPNRFRapid Nutrition PLC 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
AVTBFAvant Brands 0.00 0 per month 3.85  0.16  7.94 (6.52) 19.66 
VDQSFGnomestar Craft 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
SEHCFSweet Earth Holdings 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
PCLOFPharmacielo 0.00 0 per month 13.40  0.14  41.67 (20.69) 290.00 
THCBFTHC Biomed Intl 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
RVVQFRavenquest Biomed 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 

Other Forecasting Options for General Cannabis

For every potential investor in General, whether a beginner or expert, General Cannabis' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. General Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in General. Basic forecasting techniques help filter out the noise by identifying General Cannabis' price trends.

General Cannabis Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with General Cannabis pink sheet to make a market-neutral strategy. Peer analysis of General Cannabis could also be used in its relative valuation, which is a method of valuing General Cannabis by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

General Cannabis Market Strength Events

Market strength indicators help investors to evaluate how General Cannabis pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading General Cannabis shares will generate the highest return on investment. By undertsting and applying General Cannabis pink sheet market strength indicators, traders can identify General Cannabis Corp entry and exit signals to maximize returns.

General Cannabis Risk Indicators

The analysis of General Cannabis' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in General Cannabis' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting general pink sheet prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Story Coverage note for General Cannabis

The number of cover stories for General Cannabis depends on current market conditions and General Cannabis' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that General Cannabis is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about General Cannabis' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Information on Investing in General Pink Sheet

General Cannabis financial ratios help investors to determine whether General Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in General with respect to the benefits of owning General Cannabis security.