Greater Cannabis Stock Price Prediction
| GCAN Stock | USD 0.07 0.00 0.00% |
Momentum 43
Sell Extended
Oversold | Overbought |
Using Greater Cannabis hype-based prediction, you can estimate the value of Greater Cannabis from the perspective of Greater Cannabis 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 Greater Cannabis to buy its pink sheet at a price that has no basis in reality. In that case, they are not buying Greater 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.
Greater Cannabis after-hype prediction price | USD 0.07 |
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.
Greater |
Greater Cannabis After-Hype Price Density Analysis
As far as predicting the price of Greater Cannabis 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 Greater Cannabis 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 Greater Cannabis, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Greater Cannabis Estimiated After-Hype Price Volatility
In the context of predicting Greater Cannabis' pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Greater Cannabis' historical news coverage. Greater Cannabis' after-hype downside and upside margins for the prediction period are 0.00 and 32.88, respectively. We have considered Greater Cannabis' 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
Greater Cannabis is out of control at this time. Analysis and calculation of next after-hype price of Greater Cannabis is based on 3 months time horizon.
Greater Cannabis Pink Sheet Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Greater Cannabis is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Greater Cannabis 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 Greater Cannabis, 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 |
3.57 | 32.81 | 0.00 | 0.00 | 0 Events / Month | 1 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
0.07 | 0.07 | 0.00 |
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Greater Cannabis Hype Timeline
Greater Cannabis is currently traded for 0.07. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Greater is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 3.57%. %. The volatility of related hype on Greater Cannabis is about 0.0%, with the expected price after the next announcement by competition of 0.07. About 68.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.0. Greater Cannabis had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be in a few days. Check out Greater Cannabis Basic Forecasting Models to cross-verify your projections.Greater Cannabis Related Hype Analysis
Having access to credible news sources related to Greater Cannabis' direct competition is more important than ever and may enhance your ability to predict Greater Cannabis' future price movements. Getting to know how Greater Cannabis' 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 Greater Cannabis may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CANL | Cannlabs | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| EAPH | Easton Pharmaceutica | 0.00 | 1 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| REZNF | The Hash | 0.00 | 0 per month | 0.00 | (0.13) | 0.00 | 0.00 | 80.00 | |
| WRHLF | Love Hemp Group | 0.00 | 2 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| ADVT | Advantis Corp | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| BBBT | Digital Development Partners | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| GREH | Green Rain Energy | 0.00 | 0 per month | 12.67 | 0.16 | 38.10 | (22.44) | 193.24 | |
| TRCNF | TRANSNATIONAL CANNABIS LTD | 0.00 | 2 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| INLB | Item 9 Labs | 0.00 | 3 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SETO | Seto Holdings | 0.00 | 0 per month | 0.00 | 0.20 | 12.96 | 0.00 | 116.06 |
Greater Cannabis Additional Predictive Modules
Most predictive techniques to examine Greater price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Greater using various technical indicators. When you analyze Greater 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 Greater Cannabis Predictive Indicators
The successful prediction of Greater Cannabis 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 Greater Cannabis, 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 Greater Cannabis based on analysis of Greater Cannabis hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Greater Cannabis's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Greater Cannabis's related companies.
Pair Trading with Greater Cannabis
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Greater Cannabis position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Greater Cannabis will appreciate offsetting losses from the drop in the long position's value.Moving against Greater Pink Sheet
| 0.42 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.42 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.41 | TLKMF | Telkom Indonesia Tbk | PairCorr |
| 0.38 | TEVA | Teva Pharma Industries | PairCorr |
| 0.37 | DD | Dupont De Nemours | PairCorr |
The ability to find closely correlated positions to Greater Cannabis could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Greater Cannabis when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Greater Cannabis - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Greater Cannabis to buy it.
The correlation of Greater Cannabis is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Greater Cannabis moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Greater Cannabis moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Greater Cannabis can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Greater Pink Sheet
Greater Cannabis financial ratios help investors to determine whether Greater Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Greater with respect to the benefits of owning Greater Cannabis security.