Im Cannabis Corp Stock Price on November 27, 2024
| IMCC Stock | USD 2.77 0.04 1.42% |
Below is the normalized historical share price chart for Im Cannabis Corp extending back to May 26, 2020. 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 Im Cannabis stands at 2.77, as last reported on the 11th of December 2024, with the highest price reaching 2.88 and the lowest price hitting 2.67 during the day.
If you're considering investing in IMCC Stock, it is important to understand the factors that can impact its price. Im Cannabis appears to be dangerous, given 3 months investment horizon. Im Cannabis Corp retains Efficiency (Sharpe Ratio) of 0.0684, which attests that the entity had a 0.0684% return per unit of price deviation over the last 3 months. By examining Im Cannabis' technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please utilize Im Cannabis' Semi Deviation of 5.57, market risk adjusted performance of (0.45), and Standard Deviation of 8.52 to validate if our risk estimates are consistent with your expectations.
At present, Im Cannabis' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 13 M, whereas Liabilities And Stockholders Equity is forecasted to decline to about 28 M. . The current year's Price Earnings To Growth Ratio is expected to grow to 0.05, whereas Price To Sales Ratio is forecasted to decline to 0.69. IMCC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 20th of May 2020 | 200 Day MA 2.8666 | 50 Day MA 2.421 | Beta 1.677 |
IMCC |
Sharpe Ratio = 0.0684
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 8.67 actual daily | 77 77% of assets are less volatile |
Expected Return
| 0.59 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Im Cannabis is performing at about 5% 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 Im Cannabis by adding it to a well-diversified portfolio.
Price Book 2.0604 | Enterprise Value Ebitda (1.31) | Price Sales 0.1713 | Shares Float 1.5 M | Wall Street Target Price 8.221 |
Im Cannabis Valuation on November 27, 2024
It is possible to determine the worth of Im Cannabis on a given historical date. On November 27, 2024 IMCC was worth 3.06 at the beginning of the trading date compared to the closed value of 3.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Im Cannabis stock. Still, in general, we apply an absolute valuation method to find Im 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 Im Cannabis where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Im Cannabis' related companies.
| Open | High | Low | Close | Volume | |
| 2.53 | 2.60 | 2.35 | 2.44 | 17,821 | |
11/27/2024 | 3.06 | 4.00 | 3.03 | 3.69 | 3,289,404 |
| 3.97 | 4.49 | 3.70 | 3.99 | 938,284 |
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Im Cannabis Trading Date Momentum on November 27, 2024
| On November 29 2024 Im Cannabis Corp was traded for 3.99 at the closing time. The top price for the day was 4.49 and the lowest listed price was 3.70 . The trading volume for the day was 938.3 K. The trading history from November 29, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 8.13% . The trading delta at closing time against the current closing price is 27.91% . |
Im Cannabis Corp Fundamentals Correlations and Trends
By evaluating Im 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 Im Cannabis' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IMCC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Im Cannabis Stock history
Im 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 IMCC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Im 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 Im Cannabis stock prices may prove useful in developing a viable investing in Im Cannabis
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.1 M | 2.2 M | |
| Net Loss | -16 M | -16.8 M |
Im Cannabis Stock Technical Analysis
Im Cannabis 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
Im Cannabis Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Im Cannabis 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.
Im Cannabis December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Im Cannabis stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Im Cannabis shares will generate the highest return on investment. By undertsting and applying Im Cannabis stock market strength indicators, traders can identify Im Cannabis Corp entry and exit signals to maximize returns
Im Cannabis Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Im Cannabis' price direction in advance. Along with the technical and fundamental analysis of IMCC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of IMCC 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 | 0.0575 | |||
| Jensen Alpha | 0.7003 | |||
| Total Risk Alpha | (0.79) | |||
| Sortino Ratio | 0.0728 | |||
| Treynor Ratio | (0.46) |
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Complementary Tools for IMCC Stock analysis
When running Im Cannabis' price analysis, check to measure Im Cannabis' 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 Im Cannabis is operating at the current time. Most of Im Cannabis' value examination focuses on studying past and present price action to predict the probability of Im Cannabis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Im Cannabis' price. Additionally, you may evaluate how the addition of Im Cannabis to your portfolios can decrease your overall portfolio volatility.
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