General Cannabis Corp Stock Price on September 3, 2024
CANN Stock | USD 0.04 0 10.55% |
If you're considering investing in General OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of General Cannabis stands at 0.04, as last reported on the 22nd of November, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day. General Cannabis Corp holds Efficiency (Sharpe) Ratio of -0.0453, which attests that the entity had a -0.0453% return per unit of risk over the last 3 months. General Cannabis Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out General Cannabis' Standard Deviation of 7.58, risk adjusted performance of (0.01), and Market Risk Adjusted Performance of 0.2017 to validate the risk estimate we provide.
General OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
General |
Sharpe Ratio = -0.0453
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Estimated Market Risk
7.88 actual daily | 70 70% of assets are less volatile |
Expected Return
-0.36 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average General Cannabis 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 General Cannabis by adding General Cannabis to a well-diversified portfolio.
General Cannabis Valuation on September 3, 2024
It is possible to determine the worth of General Cannabis on a given historical date. On September 3, 2024 General was worth 0.0529 at the beginning of the trading date compared to the closed value of 0.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of General Cannabis otc stock. Still, in general, we apply an absolute valuation method to find General 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 General Cannabis where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against General Cannabis' related companies.
Open | High | Low | Close | Volume | |
0.05 | 0.05 | 0.05 | 0.05 | 25,217 | |
09/03/2024 | 0.05 | 0.06 | 0.05 | 0.05 | 90,600 |
0.05 | 0.05 | 0.05 | 0.05 | 3,200 |
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General Cannabis Trading Date Momentum on September 3, 2024
On September 04 2024 General Cannabis Corp was traded for 0.05 at the closing time. The top price for the day was 0.05 and the lowest listed price was 0.05 . The trading volume for the day was 3.2 K. The trading history from September 4, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.00% . The overall trading delta against the current closing price is 8.00% . |
General Cannabis Corp Fundamentals Correlations and Trends
By evaluating General 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 General Cannabis' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. General financial account trend analysis is a perfect complement when working with valuation or volatility modules.About General Cannabis OTC Stock history
General 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 General is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in General Cannabis Corp 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 General Cannabis stock prices may prove useful in developing a viable investing in General Cannabis
Trees Corporation provides products and services to the regulated cannabis industry and non-cannabis customers in the United States. Trees Corporation was incorporated in 2013 and is headquartered in Denver, Colorado. GENERAL CANNABIS operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 77 people.
General Cannabis OTC Stock Technical Analysis
General Cannabis technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
General Cannabis Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
General Cannabis Corp cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
General Cannabis November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how General Cannabis 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 General Cannabis shares will generate the highest return on investment. By undertsting and applying General Cannabis otc stock market strength indicators, traders can identify General Cannabis Corp entry and exit signals to maximize returns
General Cannabis Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for General Cannabis' price direction in advance. Along with the technical and fundamental analysis of General OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of General 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 | (0.01) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (1.10) | |||
Treynor Ratio | 0.1917 |
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Other Information on Investing in General OTC Stock
General Cannabis financial ratios help investors to determine whether General 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 General with respect to the benefits of owning General Cannabis security.