Cresco Labs Announces Q2 2024 Financial Results Date - TipRanks
| CRLBF Stock | USD 1.20 0.05 4.35% |
Roughly 55% of Cresco Labs' stockholders are presently thinking to get in. The analysis of current outlook of investing in Cresco Labs suggests that some traders are interested regarding Cresco Labs' prospects. The current market sentiment, together with Cresco Labs' historical and current headlines, can help investors time the market. In addition, many technical investors use Cresco Labs stock news signals to limit their universe of possible portfolio assets.
Cresco Labs otc stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Cresco daily returns and investor perception about the current price of Cresco Labs as well as its diversification or hedging effects on your existing portfolios.
Cresco |
Cresco Labs Announces Q2 2024 Financial Results Date TipRanks
Read at news.google.com
 |
Cresco Labs Fundamental Analysis
We analyze Cresco Labs' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cresco Labs using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cresco Labs based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Z Score
Z Score Comparative Analysis
Cresco Labs is currently under evaluation in z score category among its peers. Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Cresco Labs Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Cresco Labs otc stock to make a market-neutral strategy. Peer analysis of Cresco Labs could also be used in its relative valuation, which is a method of valuing Cresco Labs by comparing valuation metrics with similar companies.
Peers
Cresco Labs Related Equities
| MRMD | Marimed | 6.67 | ||||
| VRNOF | Verano Holdings | 5.81 | ||||
| GDNSF | Goodness Growth | 5.71 | ||||
| AYRWF | AYR Strategies | 4.35 | ||||
| TCNNF | Trulieve Cannabis | 3.10 | ||||
| GTBIF | Green Thumb | 2.78 |
Complementary Tools for Cresco OTC Stock analysis
When running Cresco Labs' price analysis, check to measure Cresco Labs' 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 Cresco Labs is operating at the current time. Most of Cresco Labs' value examination focuses on studying past and present price action to predict the probability of Cresco Labs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cresco Labs' price. Additionally, you may evaluate how the addition of Cresco Labs 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 | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges |