Cann American Corp Stock Price on November 25, 2024
| CNNA Stock | USD 0 0.0001 3.03% |
If you're considering investing in Cann Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Cann American stands at 0, as last reported on the 30th of November, with the highest price reaching 0 and the lowest price hitting 0.0008 during the day. Cann American appears to be out of control, given 3 months investment horizon. Cann American Corp secures Sharpe Ratio (or Efficiency) of 0.0416, which signifies that the company had a 0.0416% return per unit of risk over the last 3 months. By analyzing Cann American's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please makes use of Cann American's Mean Deviation of 7.0, risk adjusted performance of 0.024, and Downside Deviation of 17.78 to double-check if our risk estimates are consistent with your expectations.
Cann Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Cann |
Sharpe Ratio = 0.0416
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | CNNA | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 13.45 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Cann American is performing at about 3% 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 Cann American by adding it to a well-diversified portfolio.
Cann American Valuation on November 25, 2024
It is possible to determine the worth of Cann American on a given historical date. On November 25, 2024 Cann was worth 8.0E-4 at the beginning of the trading date compared to the closed value of 0.0032. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cann American pink sheet. Still, in general, we apply an absolute valuation method to find Cann American'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 Cann American where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cann American's related companies.
| Open | High | Low | Close | Volume | |
| 0 | 0 | 0 | 0 | 1,049,367 | |
11/25/2024 | 0.0008 | 0 | 0.0008 | 0 | 10,100 |
| 0 | 0 | 0 | 0 | 1.00 |
| Backtest Cann American | | | Cann American History | | | Cann American Valuation | Previous | Next |
Cann American Trading Date Momentum on November 25, 2024
| On November 26 2024 Cann American Corp was traded for 0 at the closing time. The top price for the day was 0 and the lowest listed price was 0 . There was no trading activity during the period 1.0. Lack of trading volume on November 26, 2024 did not affect price variability. The overall trading delta against the current closing price is 75.00% . |
Cann American Corp Fundamentals Correlations and Trends
By evaluating Cann American'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 Cann American's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cann financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cann American Pink Sheet history
Cann American 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 Cann is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cann American 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 Cann American stock prices may prove useful in developing a viable investing in Cann American
Cann American Corp., a development stage company, focuses on the development of Cannabis sativa strains for pets in various European Union countries. Cann American Corp. was founded in 2004 and is based in Cloverdale, California. CANN AMERICAN operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 1 people.
Cann American Pink Sheet Technical Analysis
Cann American 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
Cann American Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Cann American Corp 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.
Cann American November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Cann American 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 Cann American shares will generate the highest return on investment. By undertsting and applying Cann American pink sheet market strength indicators, traders can identify Cann American Corp entry and exit signals to maximize returns
Cann American Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cann American's price direction in advance. Along with the technical and fundamental analysis of Cann Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cann 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 | 0.024 | |||
| Jensen Alpha | 0.6421 | |||
| Total Risk Alpha | (2.02) | |||
| Sortino Ratio | 0.0068 | |||
| Treynor Ratio | (0.08) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Cann Pink Sheet analysis
When running Cann American's price analysis, check to measure Cann American's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cann American is operating at the current time. Most of Cann American's value examination focuses on studying past and present price action to predict the probability of Cann American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cann American's price. Additionally, you may evaluate how the addition of Cann American to your portfolios can decrease your overall portfolio volatility.
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |