Cordovacann Corp Stock Price on October 2, 2024
| LVRLF Stock | USD 0.07 0.02 32.00% |
If you're considering investing in CordovaCann OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of CordovaCann Corp stands at 0.07, as last reported on the 30th of November, with the highest price reaching 0.07 and the lowest price hitting 0.07 during the day. CordovaCann Corp is out of control given 3 months investment horizon. CordovaCann Corp secures Sharpe Ratio (or Efficiency) of 0.0941, which signifies that the company had a 0.0941% return per unit of risk over the last 3 months. We were able to break down and interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.69% are justified by taking the suggested risk. Use CordovaCann Corp Downside Deviation of 22.32, risk adjusted performance of 0.0623, and Mean Deviation of 10.58 to evaluate company specific risk that cannot be diversified away.
CordovaCann OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CordovaCann |
Sharpe Ratio = 0.0941
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Estimated Market Risk
| 17.95 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.69 actual daily | 33 67% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average CordovaCann Corp is performing at about 7% 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 CordovaCann Corp by adding it to a well-diversified portfolio.
CordovaCann Corp Valuation on October 2, 2024
It is possible to determine the worth of CordovaCann Corp on a given historical date. On October 2, 2024 CordovaCann was worth 0.09 at the beginning of the trading date compared to the closed value of 0.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CordovaCann Corp otc stock. Still, in general, we apply an absolute valuation method to find CordovaCann Corp'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 CordovaCann Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CordovaCann Corp's related companies.
| Open | High | Low | Close | Volume | |
| 0.09 | 0.09 | 0.09 | 0.09 | 1.00 | |
10/02/2024 | 0.09 | 0.09 | 0.09 | 0.09 | 1.00 |
| 0.07 | 0.07 | 0.06 | 0.06 | 20,000 |
| Backtest CordovaCann Corp | | | CordovaCann Corp History | | | CordovaCann Corp Valuation | Previous | Next |
CordovaCann Corp Trading Date Momentum on October 2, 2024
| On October 03 2024 CordovaCann Corp was traded for 0.06 at the closing time. The highest daily price throughout the period was 0.07 and the lowest price was 0.06 . The daily volume was 20 K. The net trading volume on 10/03/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 37.78% . The overall trading delta to current closing price is 42.22% . |
CordovaCann Corp Fundamentals Correlations and Trends
By evaluating CordovaCann Corp'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 CordovaCann Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CordovaCann financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CordovaCann Corp OTC Stock history
CordovaCann Corp 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 CordovaCann is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CordovaCann 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 CordovaCann Corp stock prices may prove useful in developing a viable investing in CordovaCann Corp
CordovaCann Corp., a cannabis-focused consumer products company, primarily provides services and investment capital to the processing, production, and retail vertical markets of the cannabis industry. The company was formerly known as LiveReel Media Corporation and changed its name to CordovaCann Corp. in January 2018. Livereel Media is traded on OTC Exchange in the United States.
CordovaCann Corp OTC Stock Technical Analysis
CordovaCann Corp 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
CordovaCann Corp Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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CordovaCann Corp November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how CordovaCann Corp 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 CordovaCann Corp shares will generate the highest return on investment. By undertsting and applying CordovaCann Corp otc stock market strength indicators, traders can identify CordovaCann Corp entry and exit signals to maximize returns
CordovaCann Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CordovaCann Corp's price direction in advance. Along with the technical and fundamental analysis of CordovaCann OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CordovaCann 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 | 0.0623 | |||
| Jensen Alpha | 1.63 | |||
| Total Risk Alpha | (1.76) | |||
| Sortino Ratio | 0.0491 | |||
| Treynor Ratio | (0.38) |
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Complementary Tools for CordovaCann OTC Stock analysis
When running CordovaCann Corp's price analysis, check to measure CordovaCann Corp'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 CordovaCann Corp is operating at the current time. Most of CordovaCann Corp's value examination focuses on studying past and present price action to predict the probability of CordovaCann Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CordovaCann Corp's price. Additionally, you may evaluate how the addition of CordovaCann Corp to your portfolios can decrease your overall portfolio volatility.
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