Americann Stock Price on November 29, 2023
| ACAN Stock | USD 0.02 0 8.82% |
If you're considering investing in Americann Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Americann stands at 0.02, as last reported on the 11th of December 2024, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. Americann is out of control given 3 months investment horizon. Americann secures Sharpe Ratio (or Efficiency) of 0.0716, which signifies that the company had a 0.0716% return per unit of standard deviation over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.38% are justified by taking the suggested risk. Use Americann mean deviation of 12.95, and Risk Adjusted Performance of 0.0551 to evaluate company specific risk that cannot be diversified away.
Americann Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Americann |
Sharpe Ratio = 0.0716
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Estimated Market Risk
| 19.27 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.38 actual daily | 27 73% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Americann is performing at about 5% of its full potential. 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 Americann by adding it to a well-diversified portfolio.
Americann Valuation on November 29, 2023
It is possible to determine the worth of Americann on a given historical date. On November 29, 2023 Americann was worth 0.16 at the beginning of the trading date compared to the closed value of 0.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Americann pink sheet. Still, in general, we apply an absolute valuation method to find Americann's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Americann where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Americann's related companies.
| Open | High | Low | Close | Volume | |
| 0.18 | 0.18 | 0.16 | 0.16 | 23,200 | |
11/29/2023 | 0.16 | 0.19 | 0.16 | 0.16 | 7,611 |
| 0.18 | 0.18 | 0.13 | 0.15 | 20,605 |
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Americann Trading Date Momentum on November 29, 2023
| On November 30 2023 Americann was traded for 0.15 at the closing time. The top price for the day was 0.18 and the lowest listed price was 0.13 . The trading volume for the day was 20.6 K. The trading history from November 30, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 6.25% . The overall trading delta against the current closing price is 18.75% . |
Americann Fundamentals Correlations and Trends
By evaluating Americann's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Americann's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Americann financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Americann Pink Sheet history
Americann 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 Americann is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Americann 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 Americann stock prices may prove useful in developing a viable investing in Americann
AmeriCann, Inc. operates as a specialized cannabis company in the United States. The company was incorporated in 2010 and is based in Denver, Colorado. Americann operates under Real Estate Services classification in the United States and is traded on OTC Exchange. It employs 3 people.
Americann Pink Sheet Technical Analysis
Americann technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Americann Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Americann cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Americann December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Americann 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 Americann shares will generate the highest return on investment. By undertsting and applying Americann pink sheet market strength indicators, traders can identify Americann entry and exit signals to maximize returns
Americann Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Americann's price direction in advance. Along with the technical and fundamental analysis of Americann Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Americann 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.
| Risk Adjusted Performance | 0.0551 | |||
| Jensen Alpha | 1.24 | |||
| Total Risk Alpha | (1.83) | |||
| Sortino Ratio | 0.0604 | |||
| Treynor Ratio | (2.80) |
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Other Information on Investing in Americann Pink Sheet
Americann financial ratios help investors to determine whether Americann 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 Americann with respect to the benefits of owning Americann security.