Medical Marijuana I Stock Price on November 6, 2024

MJNA Stock  USD 0.0006  0.0001  14.29%   
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 0.0006, as last reported on the 27th of November, with the highest price reaching 0.0007 and the lowest price hitting 0.0006 during the day. Medical Marijuana has Sharpe Ratio of -0.036, which conveys that the firm had a -0.036% return per unit of risk over the last 3 months. Medical Marijuana exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Medical Marijuana's Risk Adjusted Performance of (0.04), standard deviation of 9.98, and Mean Deviation of 7.05 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.

Sharpe Ratio = -0.036

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Estimated Market Risk

 9.68
  actual daily
86
86% of assets are less volatile

Expected Return

 -0.35
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  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 November 6, 2024

It is possible to determine the worth of Medical Marijuana on a given historical date. On November 6, 2024 Medical was worth 7.0E-4 at the beginning of the trading date compared to the closed value of 6.0E-4. 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
  0.0008    0.0008    0.0007    0.0007    20,467,681  
11/06/2024
  0.0007    0.0008    0.0006    0.0006    31,952,596  
  0.0008    0.0008    0.0006    0.0008    22,176,746  
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Open Value
7.0E-4
6.0E-4
Closing Value
29.04
Upside

Medical Marijuana Trading Date Momentum on November 6, 2024

On November 07 2024 Medical Marijuana I was traded for  0.0008  at the closing time. The top price for the day was 0.0008  and the lowest listed price was  0.0006 . The trading volume for the day was 22.2 M. The trading history from November 7, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 33.33% . The trading delta at closing time against the current closing price is 0.00% .

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.
A focus of Medical Marijuana technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Medical Marijuana trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Medical Marijuana Period Price Range

Low
November 27, 2024
0.00  NaN%
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 November 27, 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.

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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