American Cannabis Stock Price on November 26, 2024
AMMJ Stock | USD 0.0002 0.0001 33.33% |
If you're considering investing in American Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of American Cannabis stands at 0.0002, as last reported on the 2nd of December, with the highest price reaching 0.0002 and the lowest price hitting 0.0002 during the day. American Cannabis is out of control given 3 months investment horizon. American Cannabis secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of standard deviation over the last 3 months. We have collected data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 7.95% are justified by taking the suggested risk. Use American Cannabis mean deviation of 28.4, and Risk Adjusted Performance of 0.1068 to evaluate company specific risk that cannot be diversified away.
American Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
American |
Sharpe Ratio = 0.1288
Best Portfolio | Best Equity | AMMJ | ||
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Estimated Market Risk
61.72 actual daily | 96 96% of assets are less volatile |
Expected Return
5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average American Cannabis is performing at about 10% 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 American Cannabis by adding it to a well-diversified portfolio.
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American Cannabis Valuation on November 26, 2024
It is possible to determine the worth of American Cannabis on a given historical date. On November 26, 2024 American was worth 3.0E-4 at the beginning of the trading date compared to the closed value of 4.0E-4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of American Cannabis pink sheet. Still, in general, we apply an absolute valuation method to find American Cannabis' 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 American Cannabis where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against American Cannabis' related companies.
Open | High | Low | Close | Volume | |
0.0003 | 0.0003 | 0.0003 | 0.0003 | 1.00 | |
11/26/2024 | 0.0003 | 0.0004 | 0.0003 | 0.0004 | 7,446 |
0.0001 | 0.0006 | 0.0001 | 0.0003 | 143,456 |
Backtest American Cannabis | | | American Cannabis History | | | American Cannabis Valuation | Previous | Next |
American Cannabis Trading Date Momentum on November 26, 2024
On November 27 2024 American Cannabis was traded for 0.0003 at the closing time. The top price for the day was 0.0006 and the lowest listed price was 0.0001 . The trading volume for the day was 143.5 K. The trading history from November 27, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 25.00% . The overall trading delta against the current closing price is 50.00% . |
American Cannabis Fundamentals Correlations and Trends
By evaluating American Cannabis' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among American Cannabis' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. American financial account trend analysis is a perfect complement when working with valuation or volatility modules.About American Cannabis Pink Sheet history
American Cannabis 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 American is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in American Cannabis 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 American Cannabis stock prices may prove useful in developing a viable investing in American Cannabis
American Cannabis Company, Inc., together with its subsidiary, Hollister Blacksmith, Inc., provides solutions for businesses operating in the regulated cannabis industry in the United States and Canada. American Cannabis Company, Inc. was founded in 2013 and is headquartered in Denver, Colorado. American Cannabis operates under Consulting Services classification in the United States and is traded on OTC Exchange. It employs 7 people.
American Cannabis Pink Sheet Technical Analysis
American Cannabis 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
American Cannabis Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
American Cannabis 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.
American Cannabis December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how American 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 American Cannabis shares will generate the highest return on investment. By undertsting and applying American Cannabis pink sheet market strength indicators, traders can identify American Cannabis entry and exit signals to maximize returns
American Cannabis Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for American Cannabis' price direction in advance. Along with the technical and fundamental analysis of American Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of American 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 | 0.1068 | |||
Jensen Alpha | 8.61 | |||
Total Risk Alpha | (2.45) | |||
Sortino Ratio | 0.1445 | |||
Treynor Ratio | (1.08) |
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Other Information on Investing in American Pink Sheet
American Cannabis financial ratios help investors to determine whether American 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 American with respect to the benefits of owning American Cannabis security.