Cann Group Limited Stock Price Prediction
| CNGGF Stock | USD 0.01 0.0001 1.61% |
Momentum 33
Sell Stretched
Oversold | Overbought |
Using Cann Group hype-based prediction, you can estimate the value of Cann Group Limited from the perspective of Cann Group response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Cann Group to buy its pink sheet at a price that has no basis in reality. In that case, they are not buying Cann because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell pink sheets at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Cann Group after-hype prediction price | USD 0.00746 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Cann |
Cann Group After-Hype Price Prediction Density Analysis
As far as predicting the price of Cann Group at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Cann Group or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Pink Sheet prices, such as prices of Cann Group, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Cann Group Estimiated After-Hype Price Volatility
In the context of predicting Cann Group's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Cann Group's historical news coverage. Cann Group's after-hype downside and upside margins for the prediction period are 0.00 and 33.70, respectively. We have considered Cann Group's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Cann Group is out of control at this time. Analysis and calculation of next after-hype price of Cann Group Limited is based on 3 months time horizon.
Cann Group Pink Sheet Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Cann Group is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cann Group backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Pink Sheet price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Cann Group, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
3.92 | 33.69 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.01 | 0.01 | 20.33 |
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Cann Group Hype Timeline
Cann Group Limited is currently traded for 0.01. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Cann is forecasted to increase in value after the next headline, with the price projected to jump to 0.00746 or above. The average volatility of media hype impact on the company the price is insignificant. The price rise on the next news is estimated to be 20.33%, whereas the daily expected return is currently at 3.92%. The volatility of related hype on Cann Group is about 0.0%, with the expected price after the next announcement by competition of 0.01. Cann Group Limited has accumulated 43.36 M in total debt with debt to equity ratio (D/E) of 0.56, which is about average as compared to similar companies. Cann Group Limited has a current ratio of 1.67, which is within standard range for the sector. Debt can assist Cann Group until it has trouble settling it off, either with new capital or with free cash flow. So, Cann Group's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cann Group Limited sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cann to invest in growth at high rates of return. When we think about Cann Group's use of debt, we should always consider it together with cash and equity.Assuming the 90 days horizon the next forecasted press release will be in 5 to 10 days. Check out Cann Group Basic Forecasting Models to cross-verify your projections.Cann Group Related Hype Analysis
Having access to credible news sources related to Cann Group's direct competition is more important than ever and may enhance your ability to predict Cann Group's future price movements. Getting to know how Cann Group's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Cann Group may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| TGIFF | 1933 Industries | 0.00 | 0 per month | 14.54 | 0.07 | 28.17 | (22.97) | 104.76 | |
| CTABF | Canntab Therapeutics Limited | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| STHZF | StateHouse Holdings | 0.00 | 0 per month | 0.00 | 0.20 | 50.00 | (33.33) | 1,100 | |
| TNRG | Thunder Energies Corp | 0.00 | 0 per month | 0.00 | 0.12 | 0.00 | 0.00 | 100.00 | |
| RVVTF | Revive Therapeutics | 0.00 | 0 per month | 11.50 | 0.05 | 37.50 | (23.08) | 93.33 | |
| CLABF | Core One Labs | 0.00 | 0 per month | 0.00 | (0.19) | 0.00 | 0.00 | 103.43 | |
| LIFD | LFTD Partners | 0.00 | 0 per month | 8.28 | 0.04 | 22.73 | (21.43) | 61.97 | |
| CPIVF | Captiva Verde Land | 0.00 | 0 per month | 20.49 | 0.19 | 125.98 | (52.67) | 214.91 | |
| RPNRF | Rapid Nutrition PLC | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| AVTBF | Avant Brands | 0.00 | 0 per month | 5.25 | 0.04 | 8.16 | (9.52) | 21.53 |
Cann Group Additional Predictive Modules
Most predictive techniques to examine Cann price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Cann using various technical indicators. When you analyze Cann charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Cann Group Predictive Indicators
The successful prediction of Cann Group stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Cann Group Limited, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Cann Group based on analysis of Cann Group hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Cann Group's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Cann Group's related companies.
Story Coverage note for Cann Group
The number of cover stories for Cann Group depends on current market conditions and Cann Group's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Cann Group is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Cann Group's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Complementary Tools for Cann Pink Sheet analysis
When running Cann Group's price analysis, check to measure Cann Group'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 Cann Group is operating at the current time. Most of Cann Group's value examination focuses on studying past and present price action to predict the probability of Cann Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cann Group's price. Additionally, you may evaluate how the addition of Cann Group to your portfolios can decrease your overall portfolio volatility.
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