Akanda Corp Stock Price Prediction

AKAN Stock  USD 1.36  0.02  1.49%   
As of today, the RSI of Akanda Corp's share price is approaching 33. This suggests that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Akanda Corp, making its price go up or down.

Oversold Vs Overbought

33

 
Oversold
 
Overbought
The successful prediction of Akanda Corp's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Akanda Corp, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Akanda Corp's stock price prediction:
Quarterly Revenue Growth
2.705
Using Akanda Corp hype-based prediction, you can estimate the value of Akanda Corp from the perspective of Akanda Corp 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 Akanda Corp to buy its stock at a price that has no basis in reality. In that case, they are not buying Akanda 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 stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Akanda Corp after-hype prediction price

    
  USD 1.31  
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 stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Akanda Corp Basic Forecasting Models to cross-verify your projections.
To learn how to invest in Akanda Stock, please use our How to Invest in Akanda Corp guide.
Intrinsic
Valuation
LowRealHigh
0.071.315.61
Details
Naive
Forecast
LowNextHigh
0.031.365.66
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.331.351.37
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Akanda Corp. Your research has to be compared to or analyzed against Akanda Corp's peers to derive any actionable benefits. When done correctly, Akanda Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Akanda Corp.

Akanda Corp After-Hype Price Prediction Density Analysis

As far as predicting the price of Akanda Corp 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 Akanda Corp 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 Stock prices, such as prices of Akanda Corp, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Akanda Corp Estimiated After-Hype Price Volatility

In the context of predicting Akanda Corp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Akanda Corp's historical news coverage. Akanda Corp's after-hype downside and upside margins for the prediction period are 0.07 and 5.61, respectively. We have considered Akanda Corp'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
1.36
1.31
After-hype Price
5.61
Upside
Akanda Corp is dangerous at this time. Analysis and calculation of next after-hype price of Akanda Corp is based on 3 months time horizon.

Akanda Corp Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Akanda Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Akanda Corp 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 Stock 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 Akanda Corp, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.90 
4.30
  0.05 
  0.02 
2 Events / Month
6 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
1.36
1.31
3.68 
7,167  
Notes

Akanda Corp Hype Timeline

Akanda Corp is presently traded for 1.36. The entity has historical hype elasticity of -0.05, and average elasticity to hype of competition of 0.02. Akanda is forecasted to decline in value after the next headline, with the price expected to drop to 1.31. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -3.68%, whereas the daily expected return is presently at -0.9%. The volatility of related hype on Akanda Corp is about 20918.92%, with the expected price after the next announcement by competition of 1.38. The company has price-to-book (P/B) ratio of 0.42. Some equities with similar Price to Book (P/B) outperform the market in the long run. Akanda Corp recorded a loss per share of 524.76. The entity had not issued any dividends in recent years. The firm had 1:2 split on the 14th of November 2024. Given the investment horizon of 90 days the next forecasted press release will be in a few days.
Check out Akanda Corp Basic Forecasting Models to cross-verify your projections.
To learn how to invest in Akanda Stock, please use our How to Invest in Akanda Corp guide.

Akanda Corp Related Hype Analysis

Having access to credible news sources related to Akanda Corp's direct competition is more important than ever and may enhance your ability to predict Akanda Corp's future price movements. Getting to know how Akanda Corp'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 Akanda Corp may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
SXTCChina SXT Pharmaceuticals 0.07 3 per month 0.00 (0.19) 11.29 (9.80) 29.79 
PTPIPetros Pharmaceuticals 0.01 5 per month 0.00 (0.06) 6.25 (7.89) 45.54 
GSACGelStat Corp 0.00 0 per month 11.12  0.1  33.33 (25.00) 58.33 
SHPHShuttle Pharmaceuticals 0.07 4 per month 0.00 (0.14) 10.08 (13.02) 50.96 
DBCCFDecibel Cannabis 0.00 0 per month 6.93  0.01  12.76 (12.41) 43.23 
CXXIFC21 Investments 0.00 0 per month 0.00 (0.02) 13.33 (10.53) 41.25 
CLSHCLS Holdings USA 0.00 0 per month 9.00  0.06  23.72 (18.67) 85.24 
GRUSFGrown Rogue International 0.00 0 per month 3.36  0.03  6.25 (5.56) 18.46 
SLGWFSlang Worldwide 0.00 0 per month 19.71  0.07  41.46 (36.17) 216.17 
LSDILucy Scientific Discovery(0.18)1 per month 27.98  0.21  550.00 (81.82) 3,998 
LFCRLifecore Biomedical 0.47 10 per month 6.50  0.07  9.76 (6.68) 30.90 
DERMJourney Medical Corp(0.68)7 per month 3.81  0.05  7.30 (6.06) 22.80 
CPHIChina Pharma Holdings 0.00 7 per month 4.85 (0.02) 9.09 (11.11) 43.71 
UPCUniverse Pharmaceuticals 0.26 7 per month 0.00 (0.30) 12.27 (16.26) 73.25 
SNOASonoma Pharmaceuticals(0.04)9 per month 0.00 (0.07) 13.88 (13.23) 40.82 
ACORAcorda Therapeutics 0.00 0 per month 5.26  0.09  14.01 (9.57) 95.04 
BFRIBiofrontera 0.39 8 per month 0.00 (0.04) 14.63 (11.70) 46.72 
GHSIGuardion Health Sciences 0.00 0 per month 8.11  0.05  18.66 (7.94) 101.05 

Akanda Corp Additional Predictive Modules

Most predictive techniques to examine Akanda price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Akanda using various technical indicators. When you analyze Akanda 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.

About Akanda Corp Predictive Indicators

The successful prediction of Akanda Corp 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 Akanda Corp, 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 Akanda Corp based on analysis of Akanda Corp hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Akanda Corp's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Akanda Corp's related companies.
 2021 2022 2023 2024 (projected)
ROE4.190.01488.438.85
Income Quality0.810.980.04650.0442

Story Coverage note for Akanda Corp

The number of cover stories for Akanda Corp depends on current market conditions and Akanda Corp's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Akanda Corp 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 Akanda Corp's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Akanda Corp Short Properties

Akanda Corp's future price predictability will typically decrease when Akanda Corp's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Akanda Corp often depends not only on the future outlook of the potential Akanda Corp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Akanda Corp's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding4.5 M
Cash And Short Term Investments93.9 K
Shares Float1.3 M
When determining whether Akanda Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Akanda Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Akanda Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Akanda Corp Stock:
Check out Akanda Corp Basic Forecasting Models to cross-verify your projections.
To learn how to invest in Akanda Stock, please use our How to Invest in Akanda Corp guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Akanda Corp. If investors know Akanda will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Akanda Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(524.76)
Revenue Per Share
9.388
Quarterly Revenue Growth
2.705
Return On Assets
(0.26)
Return On Equity
(2.43)
The market value of Akanda Corp is measured differently than its book value, which is the value of Akanda that is recorded on the company's balance sheet. Investors also form their own opinion of Akanda Corp's value that differs from its market value or its book value, called intrinsic value, which is Akanda Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Akanda Corp's market value can be influenced by many factors that don't directly affect Akanda Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Akanda Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Akanda Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akanda Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.