Trulieve Cannabis Corp Stock Price on November 13, 2024
TCNNF Stock | USD 6.13 0.21 3.55% |
If you're considering investing in Trulieve OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Trulieve Cannabis stands at 6.13, as last reported on the 29th of November, with the highest price reaching 6.20 and the lowest price hitting 5.71 during the day. Trulieve Cannabis Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0527, which indicates the firm had a -0.0527% return per unit of risk over the last 3 months. Trulieve Cannabis Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Trulieve Cannabis' Variance of 50.51, risk adjusted performance of (0.02), and Coefficient Of Variation of (3,132) to confirm the risk estimate we provide.
Trulieve OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Trulieve |
Sharpe Ratio = -0.0527
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Estimated Market Risk
7.19 actual daily | 64 64% of assets are less volatile |
Expected Return
-0.38 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Trulieve Cannabis 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 Trulieve Cannabis by adding Trulieve Cannabis to a well-diversified portfolio.
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Trulieve Cannabis Valuation on November 13, 2024
It is possible to determine the worth of Trulieve Cannabis on a given historical date. On November 13, 2024 Trulieve was worth 6.65 at the beginning of the trading date compared to the closed value of 7.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Trulieve Cannabis otc stock. Still, in general, we apply an absolute valuation method to find Trulieve 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 Trulieve Cannabis where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Trulieve Cannabis' related companies.
Open | High | Low | Close | Volume | |
5.57 | 6.59 | 5.52 | 6.48 | 1,325,300 | |
11/13/2024 | 6.65 | 7.16 | 6.03 | 7.01 | 197,936 |
7.10 | 7.11 | 6.47 | 6.57 | 609,500 |
Backtest Trulieve Cannabis | | | Trulieve Cannabis History | | | Trulieve Cannabis Valuation | Previous | Next |
Trulieve Cannabis Trading Date Momentum on November 13, 2024
On November 14 2024 Trulieve Cannabis Corp was traded for 6.57 at the closing time. The highest daily price throughout the period was 7.11 and the lowest price was 6.47 . The daily volume was 609.5 K. The net trading volume on 11/14/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 6.28% . The trading price change to current closing price is 13.12% . |
Trulieve Cannabis Corp Fundamentals Correlations and Trends
By evaluating Trulieve 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 Trulieve Cannabis' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Trulieve financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Trulieve Cannabis OTC Stock history
Trulieve 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 Trulieve is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Trulieve 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 Trulieve Cannabis stock prices may prove useful in developing a viable investing in Trulieve Cannabis
Trulieve Cannabis Corp., together with its subsidiaries, operates as a medical cannabis company. Trulieve Cannabis Corp. was incorporated in 1940 and is headquartered in Quincy, Florida. TRULIEVE CANNABIS operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 8000 people.
Trulieve Cannabis OTC Stock Technical Analysis
Trulieve Cannabis 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
Trulieve Cannabis Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Trulieve Cannabis Corp 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.
Trulieve Cannabis November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Trulieve Cannabis 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 Trulieve Cannabis shares will generate the highest return on investment. By undertsting and applying Trulieve Cannabis otc stock market strength indicators, traders can identify Trulieve Cannabis Corp entry and exit signals to maximize returns
Trulieve Cannabis Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Trulieve Cannabis' price direction in advance. Along with the technical and fundamental analysis of Trulieve OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Trulieve 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 | (0.02) | |||
Jensen Alpha | 0.2247 | |||
Total Risk Alpha | (1.31) | |||
Treynor Ratio | 0.0592 |
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Complementary Tools for Trulieve OTC Stock analysis
When running Trulieve Cannabis' price analysis, check to measure Trulieve 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 Trulieve Cannabis is operating at the current time. Most of Trulieve Cannabis' value examination focuses on studying past and present price action to predict the probability of Trulieve Cannabis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trulieve Cannabis' price. Additionally, you may evaluate how the addition of Trulieve Cannabis to your portfolios can decrease your overall portfolio volatility.
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |