Cresco Labs (Germany) Price on December 4, 2024

6CQ Stock  EUR 0.89  0.03  3.49%   
If you're considering investing in Cresco Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cresco Labs stands at 0.89, as last reported on the 23rd of December, with the highest price reaching 0.91 and the lowest price hitting 0.87 during the day. Cresco Labs secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14% return per unit of standard deviation over the last 3 months. Cresco Labs exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cresco Labs' risk adjusted performance of (0.09), and Mean Deviation of 2.86 to double-check the risk estimate we provide.
  
Cresco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1391

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Estimated Market Risk

 5.09
  actual daily
45
55% of assets are more volatile

Expected Return

 -0.71
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.14
  actual daily
0
Most of other assets perform better
Based on monthly moving average Cresco Labs is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Cresco Labs by adding Cresco Labs to a well-diversified portfolio.

Cresco Labs Valuation on December 4, 2024

It is possible to determine the worth of Cresco Labs on a given historical date. On December 4, 2024 Cresco was worth 1.04 at the beginning of the trading date compared to the closed value of 1.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cresco Labs stock. Still, in general, we apply an absolute valuation method to find Cresco Labs' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Cresco Labs where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cresco Labs' related companies.
 Open High Low Close Volume
  1.08    1.12    1.06    1.06    1.00  
12/04/2024
  1.04    1.06    1.02    1.02    1.00  
  1.00    1.06    1.00    1.02    1.00  
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Open Value
1.04
1.02
Closing Value
16.32
Upside

Cresco Labs Trading Date Momentum on December 4, 2024

On December 05 2024 Cresco Labs was traded for  1.02  at the closing time. The maximum traded price for the trading interval was 1.06  and the lowest daily price was  1.00 . There was no trading activity during the period 1.0. Lack of trading volume on 5th of December 2024 did not affect price variability. The overall trading delta to the closing price today is 11.76% .

About Cresco Labs Stock history

Cresco Labs investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Cresco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cresco Labs will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Cresco Labs stock prices may prove useful in developing a viable investing in Cresco Labs

Cresco Labs Stock Technical Analysis

Cresco Labs technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Cresco Labs technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cresco Labs trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Cresco Labs Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Cresco Labs cannot be verified against its exchange. Please verify the symbol is currently traded on Berlin Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Cresco Labs December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Cresco Labs stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cresco Labs shares will generate the highest return on investment. By undertsting and applying Cresco Labs stock market strength indicators, traders can identify Cresco Labs entry and exit signals to maximize returns

Cresco Labs Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cresco Labs' price direction in advance. Along with the technical and fundamental analysis of Cresco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cresco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Cresco 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.
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