Greater Cannabis Stock Probability of Future Pink Sheet Price Finishing Under 0.00
| GCAN Stock | USD 0.0004 0.0001 20.00% |
Greater |
Greater Cannabis Target Price Odds to finish below 0.00
The tendency of Greater Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 0.00 or more in 90 days |
| 0.0004 | 90 days | 0.00 | near 1 |
Based on a normal probability distribution, the odds of Greater Cannabis to drop to $ 0.00 or more in 90 days from now is near 1 (This Greater Cannabis probability density function shows the probability of Greater Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Greater Cannabis price to stay between $ 0.00 and its current price of $4.0E-4 at the end of the 90-day period is about 7.81 .
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 4.04 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Greater Cannabis will likely underperform. Additionally Greater Cannabis has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Greater Cannabis Price Density |
| Price |
Predictive Modules for Greater 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 Greater Cannabis. 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.Greater Cannabis Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Greater Cannabis is not an exception. The market had few large corrections towards the Greater Cannabis' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Greater Cannabis, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Greater Cannabis within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.3 | |
β | Beta against Dow Jones | 4.04 | |
σ | Overall volatility | 0.000091 | |
Ir | Information ratio | 0 |
Greater Cannabis Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Greater Cannabis for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Greater Cannabis can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Greater Cannabis had very high historical volatility over the last 90 days | |
| Greater Cannabis has some characteristics of a very speculative penny stock | |
| Greater Cannabis has high likelihood to experience some financial distress in the next 2 years | |
| Greater Cannabis currently holds 702.44 K in liabilities. Greater Cannabis has a current ratio of 0.31, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Greater Cannabis until it has trouble settling it off, either with new capital or with free cash flow. So, Greater 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 Greater Cannabis sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Greater to invest in growth at high rates of return. When we think about Greater Cannabis' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 12.63 K. Net Loss for the year was (602.23 K) with loss before overhead, payroll, taxes, and interest of (5.03 K). | |
| Greater Cannabis currently holds about 311.2 K in cash with (235.43 K) of positive cash flow from operations. | |
| Roughly 68.0% of the company shares are held by company insiders |
Greater Cannabis Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Greater Pink Sheet often depends not only on the future outlook of the current and potential Greater Cannabis' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Greater Cannabis' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 489.5 M | |
| Cash And Short Term Investments | 377.5 K |
Greater Cannabis Technical Analysis
Greater Cannabis' future price can be derived by breaking down and analyzing its technical indicators over time. Greater Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Greater Cannabis. In general, you should focus on analyzing Greater Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Greater Cannabis Predictive Forecast Models
Greater Cannabis' time-series forecasting models is one of many Greater Cannabis' pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Greater Cannabis' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.
Things to note about Greater Cannabis
Checking the ongoing alerts about Greater Cannabis for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Greater Cannabis help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Greater Cannabis had very high historical volatility over the last 90 days | |
| Greater Cannabis has some characteristics of a very speculative penny stock | |
| Greater Cannabis has high likelihood to experience some financial distress in the next 2 years | |
| Greater Cannabis currently holds 702.44 K in liabilities. Greater Cannabis has a current ratio of 0.31, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Greater Cannabis until it has trouble settling it off, either with new capital or with free cash flow. So, Greater 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 Greater Cannabis sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Greater to invest in growth at high rates of return. When we think about Greater Cannabis' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 12.63 K. Net Loss for the year was (602.23 K) with loss before overhead, payroll, taxes, and interest of (5.03 K). | |
| Greater Cannabis currently holds about 311.2 K in cash with (235.43 K) of positive cash flow from operations. | |
| Roughly 68.0% of the company shares are held by company insiders |
Other Information on Investing in Greater Pink Sheet
Greater Cannabis financial ratios help investors to determine whether Greater 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 Greater with respect to the benefits of owning Greater Cannabis security.