TerrAscend Closes on Acquisition of Medical Dispensary in Maryland - Marketscreener.com

MJNA Stock  USD 0.0005  0.0001  16.67%   
About 61% of Medical Marijuana's investor base is looking to short. The analysis of overall sentiment of trading Medical Marijuana I pink sheet suggests that many investors are alarmed at this time. The current market sentiment, together with Medical Marijuana's historical and current headlines, can help investors time the market. In addition, many technical investors use Medical Marijuana stock news signals to limit their universe of possible portfolio assets.
  
TerrAscend Closes on Acquisition of Medical Dispensary in Maryland Marketscreener.com

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Medical Marijuana Fundamental Analysis

We analyze Medical Marijuana's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Medical Marijuana using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Medical Marijuana based on its fundamental data. In general, a quantitative approach, as applied to this company, 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.

Beta

Beta Comparative Analysis

Medical Marijuana is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Medical Marijuana 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 Medical Marijuana pink sheet to make a market-neutral strategy. Peer analysis of Medical Marijuana could also be used in its relative valuation, which is a method of valuing Medical Marijuana by comparing valuation metrics with similar companies.

Peers

Medical Marijuana Related Equities

RPIDRapid Micro   6.06   
0%
100.0%
ICCMIcecure Medical   5.06   
0%
83.0%
TIVCTivic Health   4.00   
0%
66.0%
SSKNSTRATA Skin   3.96   
0%
65.0%
TCMDTactile Systems   3.22   
0%
53.0%
BWAYBrainsway   1.96   
0%
32.0%
SRDXSurModics   0.23   
3.0%
0%
TNONTenon Medical   2.14   
35.0%
0%
BBLGBone Biologics   3.17   
52.0%
0%
VEROVenus Concept   5.88   
97.0%
0%

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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