Verano Holdings Corp Stock Probability of Future OTC Stock Price Finishing Under 2.23
| VRNOF Stock | USD 1.42 0.06 4.41% |
Verano |
Verano Holdings Target Price Odds to finish below 2.23
The tendency of Verano OTC Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 2.23 after 90 days |
| 1.42 | 90 days | 2.23 | about 27.52 |
Based on a normal probability distribution, the odds of Verano Holdings to stay under $ 2.23 after 90 days from now is about 27.52 (This Verano Holdings Corp probability density function shows the probability of Verano OTC Stock to fall within a particular range of prices over 90 days) . Probability of Verano Holdings Corp price to stay between its current price of $ 1.42 and $ 2.23 at the end of the 90-day period is about 21.64 .
Assuming the 90 days horizon Verano Holdings Corp has a beta of -1.18. This entails as returns on its benchmark rise, returns on holding Verano Holdings Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Verano Holdings is expected to outperform its benchmark. Additionally Verano Holdings Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Verano Holdings Price Density |
| Price |
Predictive Modules for Verano Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Verano Holdings Corp. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Verano Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Verano Holdings is not an exception. The market had few large corrections towards the Verano Holdings' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Verano Holdings Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Verano Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.85 | |
β | Beta against Dow Jones | -1.18 | |
σ | Overall volatility | 0.84 | |
Ir | Information ratio | -0.17 |
Verano Holdings Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Verano Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Verano Holdings Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Verano Holdings Corp generated a negative expected return over the last 90 days | |
| Verano Holdings Corp has high historical volatility and very poor performance | |
| Verano Holdings Corp may become a speculative penny stock | |
| Verano Holdings Corp has high likelihood to experience some financial distress in the next 2 years | |
| Verano Holdings Corp has accumulated 276.15 M in total debt with debt to equity ratio (D/E) of 0.31, which is about average as compared to similar companies. Verano Holdings Corp has a current ratio of 0.48, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Verano Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Verano Holdings' 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 Verano Holdings Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Verano to invest in growth at high rates of return. When we think about Verano Holdings' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 737.85 M. Net Loss for the year was (14.68 M) with profit before overhead, payroll, taxes, and interest of 415.55 M. | |
| About 19.0% of Verano Holdings outstanding shares are owned by insiders |
Verano Holdings Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Verano OTC Stock often depends not only on the future outlook of the current and potential Verano Holdings' 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. Verano Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 293.5 M |
Verano Holdings Technical Analysis
Verano Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Verano OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Verano Holdings Corp. In general, you should focus on analyzing Verano OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Verano Holdings Predictive Forecast Models
Verano Holdings' time-series forecasting models is one of many Verano Holdings' otc stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Verano Holdings' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the otc stock market movement and maximize returns from investment trading.
Things to note about Verano Holdings Corp
Checking the ongoing alerts about Verano Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Verano Holdings Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Verano Holdings Corp generated a negative expected return over the last 90 days | |
| Verano Holdings Corp has high historical volatility and very poor performance | |
| Verano Holdings Corp may become a speculative penny stock | |
| Verano Holdings Corp has high likelihood to experience some financial distress in the next 2 years | |
| Verano Holdings Corp has accumulated 276.15 M in total debt with debt to equity ratio (D/E) of 0.31, which is about average as compared to similar companies. Verano Holdings Corp has a current ratio of 0.48, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Verano Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Verano Holdings' 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 Verano Holdings Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Verano to invest in growth at high rates of return. When we think about Verano Holdings' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 737.85 M. Net Loss for the year was (14.68 M) with profit before overhead, payroll, taxes, and interest of 415.55 M. | |
| About 19.0% of Verano Holdings outstanding shares are owned by insiders |
Other Information on Investing in Verano OTC Stock
Verano Holdings financial ratios help investors to determine whether Verano OTC Stock 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 Verano with respect to the benefits of owning Verano Holdings security.