Flora Growth Corp Stock Price on August 18, 2023
FLGC Stock | USD 0.85 0.05 5.56% |
If you're considering investing in Flora Stock, it is important to understand the factors that can impact its price. As of today, the current price of Flora Growth stands at 0.85, as last reported on the 26th of February, with the highest price reaching 0.87 and the lowest price hitting 0.80 during the day. Flora Growth Corp secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the company had a -0.14 % return per unit of risk over the last 3 months. Flora Growth Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Flora Growth's Mean Deviation of 4.21, standard deviation of 6.93, and Variance of 47.99 to check the risk estimate we provide.
Flora Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Flora |
Sharpe Ratio = -0.1368
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Estimated Market Risk
6.93 actual daily | 61 61% of assets are less volatile |
Expected Return
-0.95 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Flora Growth 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 Flora Growth by adding Flora Growth to a well-diversified portfolio.
Flora Growth Valuation on August 18, 2023
It is possible to determine the worth of Flora Growth on a given historical date. On August 18, 2023 Flora was worth 1.96 at the beginning of the trading date compared to the closed value of 2.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Flora Growth stock. Still, in general, we apply an absolute valuation method to find Flora Growth'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 Flora Growth where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Flora Growth's related companies.
Open | High | Low | Close | Volume | |
2.08 | 2.08 | 1.96 | 2.00 | 38,602 | |
08/18/2023 | 1.96 | 2.11 | 1.96 | 2.11 | 24,448 |
2.04 | 2.21 | 2.04 | 2.20 | 23,080 |
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Flora Growth Trading Date Momentum on August 18, 2023
On August 21 2023 Flora Growth Corp was traded for 2.20 at the closing time. The top price for the day was 2.21 and the lowest listed price was 2.04 . The trading volume for the day was 23.1 K. The trading history from August 21, 2023 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 4.27% . The overall trading delta against the current closing price is 2.37% . |
Flora Growth Corp Fundamentals Correlations and Trends
By evaluating Flora Growth'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 Flora Growth's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Flora financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Flora Growth Stock history
Flora Growth 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 Flora is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Flora Growth 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 Flora Growth stock prices may prove useful in developing a viable investing in Flora Growth
Flora Growth Corp., together with its subsidiaries, engages in the growth, cultivation, and development of medicinal cannabis and medicinal cannabis derivative products to pharmacies, medical clinics, and cosmetic companies worldwide. Flora Growth Corp. was incorporated in 2019 and is headquartered in Toronto, Canada. FLORA GROWTH operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on NASDAQ Exchange. It employs 277 people.
Flora Growth Stock Technical Analysis
Flora Growth 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.
Price Boundaries
Flora Growth Period Price Range
Low | February 26, 2025
| High |
0.00 | 0.00 |
Flora Growth Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Flora Growth February 26, 2025 Market Strength
Market strength indicators help investors to evaluate how Flora Growth stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Flora Growth shares will generate the highest return on investment. By undertsting and applying Flora Growth stock market strength indicators, traders can identify Flora Growth Corp entry and exit signals to maximize returns
Flora Growth Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Flora Growth's price direction in advance. Along with the technical and fundamental analysis of Flora Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Flora 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 | (0.09) | |||
Jensen Alpha | (0.95) | |||
Total Risk Alpha | (0.90) | |||
Treynor Ratio | (0.61) |
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Complementary Tools for Flora Stock analysis
When running Flora Growth's price analysis, check to measure Flora Growth'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 Flora Growth is operating at the current time. Most of Flora Growth's value examination focuses on studying past and present price action to predict the probability of Flora Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flora Growth's price. Additionally, you may evaluate how the addition of Flora Growth to your portfolios can decrease your overall portfolio volatility.
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