Cann American Corp Stock Buy Hold or Sell Recommendation
| CNNA Stock | USD 0 0.0001 3.03% |
Given the investment horizon of 90 days and your complete indifference towards market risk, our recommendation regarding Cann American Corp is 'Strong Hold'. Macroaxis provides Cann American buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CNNA positions.
Check out Cann American Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Cann and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Cann American 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 board of governors.
Cann |
Execute Cann American Buy or Sell Advice
The Cann recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Cann American Corp. Macroaxis does not own or have any residual interests in Cann American Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Cann American's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Moves completely opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Cann American Trading Alerts and Improvement Suggestions
| Cann American Corp had very high historical volatility over the last 90 days | |
| Cann American Corp has some characteristics of a very speculative penny stock | |
| Cann American Corp has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 13.23 K. Net Loss for the year was (249.82 K) with profit before overhead, payroll, taxes, and interest of 16.71 K. | |
| Cann American Corp currently holds about 59.87 K in cash with (244.54 K) of positive cash flow from operations. |
Cann American Returns Distribution Density
The distribution of Cann American's historical returns is an attempt to chart the uncertainty of Cann American's future price movements. The chart of the probability distribution of Cann American daily returns describes the distribution of returns around its average expected value. We use Cann American Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Cann American returns is essential to provide solid investment advice for Cann American.
| Mean Return | 0.32 | Value At Risk | -24 | Potential Upside | 20.00 | Standard Deviation | 13.61 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Cann American historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Cann American Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Cann American or Healthcare sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Cann American's price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Cann pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 2.50 | |
σ | Overall volatility | 13.92 | |
Ir | Information ratio | 0.01 |
Cann American Volatility Alert
Cann American Corp is showing large volatility of returns over the selected time horizon. Cann American Corp is a penny stock. Even though Cann American may be a good instrument to invest, many penny pink sheets are speculative instruments that are subject to artificial stock promotions. Please make sure you fully understand upside and downside scenarios of investing in Cann American Corp or similar risky assets. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings,sudden promotions and many other similar artificial hype indicators. We also encourage traders to check work history of company executives before investing in high-volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Cann instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Cann American Fundamentals Vs Peers
Comparing Cann American's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Cann American's direct or indirect competition across all of the common fundamentals between Cann American and the related equities. This way, we can detect undervalued stocks with similar characteristics as Cann American or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Cann American's fundamental indicators could also be used in its relative valuation, which is a method of valuing Cann American by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Cann American to competition |
| Fundamentals | Cann American | Peer Average |
| Return On Equity | -2.6 | -0.31 |
| Return On Asset | -0.85 | -0.14 |
| Operating Margin | (21.26) % | (5.51) % |
| Current Valuation | 48 | 16.62 B |
| Shares Outstanding | 4.44 K | 571.82 M |
| Shares Owned By Insiders | 9.50 % | 10.09 % |
| Price To Book | 0.0007 X | 9.51 X |
| Price To Sales | 0.03 X | 11.42 X |
| Revenue | 13.23 K | 9.43 B |
| Gross Profit | 16.71 K | 27.38 B |
| EBITDA | (275.98 K) | 3.9 B |
| Net Income | (249.82 K) | 570.98 M |
| Cash And Equivalents | 59.87 K | 2.7 B |
| Debt To Equity | 0.14 % | 48.70 % |
| Current Ratio | 20.16 X | 2.16 X |
| Book Value Per Share | 0 X | 1.93 K |
| Cash Flow From Operations | (244.54 K) | 971.22 M |
| Earnings Per Share | (0) X | 3.12 X |
| Number Of Employees | 1 | 18.84 K |
| Beta | 1.21 | -0.15 |
| Market Capitalization | 421 | 19.03 B |
| Total Asset | 417 K | 29.47 B |
| Retained Earnings | (4 M) | 9.33 B |
| Working Capital | (384 K) | 1.48 B |
| Current Liabilities | 384 K | 7.9 B |
| Z Score | -12.6 | 8.72 |
Cann American Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Cann . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.22 | |||
| Daily Balance Of Power | (0.14) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 0.0029 | |||
| Day Typical Price | 0.003 | |||
| Market Facilitation Index | 7.0E-4 | |||
| Price Action Indicator | 3.0E-4 | |||
| Period Momentum Indicator | (0.0001) |
About Cann American Buy or Sell Advice
When is the right time to buy or sell Cann American Corp? Buying financial instruments such as Cann Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Other Information on Investing in Cann Pink Sheet
Cann American financial ratios help investors to determine whether Cann 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 Cann with respect to the benefits of owning Cann American security.