Green Thumb Industries Stock Price on September 16, 2024
GTBIF Stock | USD 9.60 0.26 2.78% |
If you're considering investing in Green OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Green Thumb stands at 9.60, as last reported on the 22nd of November, with the highest price reaching 9.63 and the lowest price hitting 9.01 during the day. Green Thumb Industries holds Efficiency (Sharpe) Ratio of -0.0147, which attests that the entity had a -0.0147% return per unit of risk over the last 3 months. Green Thumb Industries exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Green Thumb's Market Risk Adjusted Performance of (3.52), risk adjusted performance of (0.0007), and Standard Deviation of 4.43 to validate the risk estimate we provide.
Green OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Green |
Sharpe Ratio = -0.0147
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Estimated Market Risk
4.51 actual daily | 40 60% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Green Thumb 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 Green Thumb by adding Green Thumb to a well-diversified portfolio.
Green Thumb Valuation on September 16, 2024
It is possible to determine the worth of Green Thumb on a given historical date. On September 16, 2024 Green was worth 10.02 at the beginning of the trading date compared to the closed value of 10.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Green Thumb otc stock. Still, in general, we apply an absolute valuation method to find Green Thumb'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 Green Thumb where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Green Thumb's related companies.
Open | High | Low | Close | Volume | |
10.21 | 10.45 | 10.16 | 10.33 | 125,173 | |
09/16/2024 | 10.02 | 10.87 | 10.02 | 10.78 | 223,441 |
10.82 | 10.82 | 10.43 | 10.45 | 227,204 |
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Green Thumb Trading Date Momentum on September 16, 2024
On September 17 2024 Green Thumb Industries was traded for 10.45 at the closing time. The highest daily price throughout the period was 10.82 and the lowest price was 10.43 . The daily volume was 227.2 K. The net trading volume on 09/17/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 3.06% . The overall trading delta to current closing price is 4.27% . |
Green Thumb Industries Fundamentals Correlations and Trends
By evaluating Green Thumb'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 Green Thumb's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Green financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Green Thumb OTC Stock history
Green Thumb 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 Green is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Green Thumb Industries 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 Green Thumb stock prices may prove useful in developing a viable investing in Green Thumb
Green Thumb Industries Inc. engages in manufacture, distribution, and sale of various cannabis products for medical and adult-use in the United States. The company was founded in 2014 and is headquartered in Chicago, Illinois. Green Thumb operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 4000 people.
Green Thumb OTC Stock Technical Analysis
Green Thumb 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
Green Thumb Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Green Thumb Industries cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.
Green Thumb November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Green Thumb 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 Green Thumb shares will generate the highest return on investment. By undertsting and applying Green Thumb otc stock market strength indicators, traders can identify Green Thumb Industries entry and exit signals to maximize returns
Green Thumb Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Green Thumb's price direction in advance. Along with the technical and fundamental analysis of Green OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Green 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 | (0.0007) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.64) | |||
Treynor Ratio | (3.53) |
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Complementary Tools for Green OTC Stock analysis
When running Green Thumb's price analysis, check to measure Green Thumb'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 Green Thumb is operating at the current time. Most of Green Thumb's value examination focuses on studying past and present price action to predict the probability of Green Thumb's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Green Thumb's price. Additionally, you may evaluate how the addition of Green Thumb to your portfolios can decrease your overall portfolio volatility.
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