Avicanna Stock Price on October 7, 2024

AVCN Stock  CAD 0.26  0.02  7.14%   
Below is the normalized historical share price chart for Avicanna extending back to July 18, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Avicanna Inc stands at 0.26, as last reported on the 26th of February, with the highest price reaching 0.28 and the lowest price hitting 0.26 during the day.
200 Day MA
0.3648
50 Day MA
0.3197
Beta
1.426
 
Covid
If you're considering investing in Avicanna Inc Stock, it is important to understand the factors that can impact its price. Avicanna Inc secures Sharpe Ratio (or Efficiency) of -0.0318, which signifies that the company had a -0.0318 % return per unit of risk over the last 3 months. Avicanna exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Avicanna Inc's Risk Adjusted Performance of 0.0285, downside deviation of 6.29, and Mean Deviation of 4.0 to double-check the risk estimate we provide.
  
At this time, Avicanna Inc's Common Stock Total Equity is very stable compared to the past year. As of the 26th of February 2025, Common Stock Shares Outstanding is likely to grow to about 102.3 M, though Total Stockholder Equity is likely to grow to (96.2 K). . As of the 26th of February 2025, Price Earnings To Growth Ratio is likely to grow to 0.05, while Price To Sales Ratio is likely to drop 1.93. Avicanna Inc Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0318

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Estimated Market Risk

 5.13
  actual daily
45
55% of assets are more volatile

Expected Return

 -0.16
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Avicanna Inc is not performing at its full potential. However, 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 Avicanna Inc by adding Avicanna Inc to a well-diversified portfolio.
Price Book
16.6003
Enterprise Value Ebitda
(4.26)
Price Sales
1.1443
Shares Float
75.5 M
Wall Street Target Price
0.7

Avicanna Inc Valuation on October 7, 2024

It is possible to determine the worth of Avicanna Inc on a given historical date. On October 7, 2024 Avicanna Inc was worth 0.37 at the beginning of the trading date compared to the closed value of 0.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avicanna Inc stock. Still, in general, we apply an absolute valuation method to find Avicanna Inc'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 Avicanna Inc where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Avicanna Inc's related companies.
 Open High Low Close Volume
  0.37    0.39    0.34    0.37    627,700  
10/07/2024
  0.37    0.37    0.33    0.33    162,700  
  0.34    0.36    0.32    0.36    318,800  
Backtest Avicanna Inc  |  Avicanna Inc History  |  Avicanna Inc Valuation   PreviousNext  
Open Value
0.37
0.33
Closing Value
15.75
Upside

Avicanna Inc Trading Date Momentum on October 7, 2024

On October 08 2024 Avicanna was traded for  0.36  at the closing time. The highest price during the trading period was 0.36  and the lowest recorded bid was listed for  0.32 . The volume for the day was 318.8 K. This history from October 8, 2024 contributed to the next trading day price boost. The overall trading delta to the next closing price was 9.09% . The overall trading delta to the current price is 12.12% .

Avicanna Inc Fundamentals Correlations and Trends

By evaluating Avicanna Inc'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 Avicanna Inc's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Avicanna Inc financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Avicanna Inc Stock history

Avicanna Inc 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 Avicanna Inc is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Avicanna Inc 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 Avicanna Inc stock prices may prove useful in developing a viable investing in Avicanna Inc
Last ReportedProjected for Next Year
Common Stock Shares Outstanding97.4 M102.3 M
Net Loss-13.3 M-13.9 M

Avicanna Inc Stock Technical Analysis

Avicanna Inc technical stock 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, stock market cycles, or different charting patterns.
A focus of Avicanna Inc technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Avicanna Inc trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Avicanna Inc Period Price Range

Low
February 26, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Avicanna cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.

Avicanna Inc February 26, 2025 Market Strength

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

Avicanna Inc Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Avicanna Inc's price direction in advance. Along with the technical and fundamental analysis of Avicanna Inc Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Avicanna Inc 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.

Other Information on Investing in Avicanna Inc Stock

Avicanna Inc financial ratios help investors to determine whether Avicanna Inc 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 Avicanna Inc with respect to the benefits of owning Avicanna Inc security.