Green Thumb OTC Stock Forecast - Accumulation Distribution

GTBIF Stock  USD 9.50  0.16  1.71%   
Green OTC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Green Thumb's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On October 17, 2024 Green Thumb Industries had Accumulation Distribution of 3019.09. The accumulation distribution (A/D) indicator shows the degree to which Green Thumb is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Green Thumb Industries to determine if accumulation or reduction is taking place in the market. This value is adjusted by Green Thumb trading volume to give more weight to distributions with higher volume over lower volume.
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Green Thumb Trading Date Momentum

On October 18 2024 Green Thumb Industries was traded for  10.34  at the closing time. The highest daily price throughout the period was 10.55  and the lowest price was  10.31 . The daily volume was 146.5 K. The net trading volume on 10/18/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.67% . The overall trading delta to current closing price is 1.25% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for Green Thumb

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

Green Thumb 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 Green Thumb otc stock to make a market-neutral strategy. Peer analysis of Green Thumb could also be used in its relative valuation, which is a method of valuing Green Thumb by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Green Thumb Industries Technical and Predictive Analytics

The otc stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Green Thumb's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Green Thumb's current price.

Green Thumb Market Strength Events

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

Green Thumb Risk Indicators

The analysis of Green Thumb's 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 Green Thumb's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting green otc stock 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.

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Other Information on Investing in Green OTC Stock

Green Thumb financial ratios help investors to determine whether Green OTC Stock 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 Green with respect to the benefits of owning Green Thumb security.