Medical Marijuana I Stock Price on February 27, 2023
MJNA Stock | USD 0.0004 0.0001 20.00% |
If you're considering investing in Medical Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Medical Marijuana stands at 0.0004, as last reported on the 11th of December 2024, with the highest price reaching 0.0005 and the lowest price hitting 0.0004 during the day. Medical Marijuana has Sharpe Ratio of -0.0861, which conveys that the firm had a -0.0861% return per unit of risk over the last 3 months. Medical Marijuana exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Medical Marijuana's Standard Deviation of 10.43, mean deviation of 7.26, and Risk Adjusted Performance of (0.05) to check out the risk estimate we provide.
Medical Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Medical |
Sharpe Ratio = -0.0861
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Estimated Market Risk
10.43 actual daily | 92 92% of assets are less volatile |
Expected Return
-0.9 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Medical Marijuana 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 Medical Marijuana by adding Medical Marijuana to a well-diversified portfolio.
Medical Marijuana Valuation on February 27, 2023
It is possible to determine the worth of Medical Marijuana on a given historical date. On February 27, 2023 Medical was worth 0.0048 at the beginning of the trading date compared to the closed value of 0.005. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Medical Marijuana pink sheet. Still, in general, we apply an absolute valuation method to find Medical Marijuana'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 Medical Marijuana where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Medical Marijuana's related companies.
Open | High | Low | Close | Volume | |
0.01 | 0.01 | 0.01 | 0.01 | 5,948,900 | |
02/27/2023 | 0 | 0.01 | 0 | 0.01 | 6,722,817 |
0.01 | 0.01 | 0 | 0 | 4,661,063 |
Backtest Medical Marijuana | | | Medical Marijuana History | | | Medical Marijuana Valuation | Previous | Next |
Medical Marijuana Trading Date Momentum on February 27, 2023
On February 28 2023 Medical Marijuana I was traded for 0 at the closing time. The top price for the day was 0.01 and the lowest listed price was 0 . The trading volume for the day was 4.7 M. The trading history from February 28, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 6.00% . The trading delta at closing time against the current closing price is 8.00% . |
Medical Marijuana Fundamentals Correlations and Trends
By evaluating Medical Marijuana'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 Medical Marijuana's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Medical financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Medical Marijuana Pink Sheet history
Medical Marijuana 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 Medical is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Medical Marijuana 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 Medical Marijuana stock prices may prove useful in developing a viable investing in Medical Marijuana
Medical Marijuana, Inc., an investment holding company, operates in the cannabinoid-based nutraceutical industry. Medical Marijuana, Inc. was incorporated in 2005 and is based in San Diego, California. Medical Marijuana operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 91 people.
Medical Marijuana Pink Sheet Technical Analysis
Medical Marijuana 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
Medical Marijuana Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Medical Marijuana I 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.
Medical Marijuana December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Medical Marijuana 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 Medical Marijuana shares will generate the highest return on investment. By undertsting and applying Medical Marijuana pink sheet market strength indicators, traders can identify Medical Marijuana I entry and exit signals to maximize returns
Medical Marijuana Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Medical Marijuana's price direction in advance. Along with the technical and fundamental analysis of Medical Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Medical 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 | (0.05) | |||
Jensen Alpha | (0.69) | |||
Total Risk Alpha | (2.56) | |||
Treynor Ratio | 0.4734 |
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Complementary Tools for Medical Pink Sheet analysis
When running Medical Marijuana's price analysis, check to measure Medical Marijuana'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 Medical Marijuana is operating at the current time. Most of Medical Marijuana's value examination focuses on studying past and present price action to predict the probability of Medical Marijuana's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medical Marijuana's price. Additionally, you may evaluate how the addition of Medical Marijuana to your portfolios can decrease your overall portfolio volatility.
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