Marijuana Stock Price on October 2, 2023
If you're considering investing in Marijuana Pink Sheet, it is important to understand the factors that can impact its price. Marijuana has Sharpe Ratio of -0.13, which conveys that the firm had a -0.13% return per unit of risk over the last 3 months. Marijuana exposes zero different technical indicators, which can help you to evaluate volatility embedded in its price movement.
Marijuana Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Marijuana |
Sharpe Ratio = -0.126
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Estimated Market Risk
12.6 actual daily | 96 96% of assets are less volatile |
Expected Return
-1.59 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Marijuana 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 Marijuana by adding Marijuana to a well-diversified portfolio.
Marijuana Valuation on October 2, 2023
It is possible to determine the worth of Marijuana on a given historical date. On October 2, 2023 Marijuana was worth 1.0E-4 at the beginning of the trading date compared to the closed value of 1.0E-4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Marijuana pink sheet. Still, in general, we apply an absolute valuation method to find Marijuana's 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 Marijuana where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Marijuana's related companies.
Open | High | Low | Close | Volume | |
0.0001 | 0.0002 | 0.0001 | 0.0002 | 26,308,195 | |
10/02/2023 | 0.0001 | 0.0002 | 0.0001 | 0.0001 | 14,763,166 |
0.0002 | 0.0002 | 0.0001 | 0.0001 | 37,589,804 |
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Marijuana Trading Date Momentum on October 2, 2023
On October 03 2023 Marijuana was traded for 0.0001 at the closing time. The top price for the day was 0.0002 and the lowest listed price was 0.0001 . The trading volume for the day was 37.6 M. The trading history from October 3, 2023 did not cause price change. The trading delta at closing time against the current closing price is 0.00% . |
Marijuana Fundamentals Correlations and Trends
By evaluating Marijuana's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Marijuana's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Marijuana financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Marijuana Pink Sheet history
Marijuana 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 Marijuana is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Marijuana 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 Marijuana stock prices may prove useful in developing a viable investing in Marijuana
Marijuana Company of America, Inc., together with its subsidiaries, develops, produces, and distributes cannabis and cannabidiol products under the hempSMART brand name in the United States. Marijuana Company of America, Inc. was incorporated in 1985 and is based in Los Angeles, California. Marijuana operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 7 people.
Marijuana Pink Sheet Technical Analysis
Marijuana technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Marijuana Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
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Marijuana December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Marijuana pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Marijuana shares will generate the highest return on investment. By undertsting and applying Marijuana pink sheet market strength indicators, traders can identify Marijuana entry and exit signals to maximize returns
Complementary Tools for Marijuana Pink Sheet analysis
When running Marijuana's price analysis, check to measure 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 Marijuana is operating at the current time. Most of Marijuana's value examination focuses on studying past and present price action to predict the probability of 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 Marijuana's price. Additionally, you may evaluate how the addition of Marijuana to your portfolios can decrease your overall portfolio volatility.
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