Verano Holdings Corp Stock Technical Analysis
| VRNOF Stock | USD 1.41 0.07 4.73% |
As of the 2nd of December, Verano Holdings has the Coefficient Of Variation of (631.21), variance of 42.47, and Risk Adjusted Performance of (0.11). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Verano Holdings Corp, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to break down and interpolate data for thirteen technical drivers for Verano Holdings Corp, which can be compared to its competition. Please validate Verano Holdings Corp market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Verano Holdings is priced more or less accurately, providing market reflects its prevalent price of 1.41 per share. Please also confirm Verano Holdings Corp jensen alpha, which is currently at (0.60) to double-check the company can sustain itself at a future point.
Verano Holdings Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Verano, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to VeranoVerano |
Verano Holdings technical otc 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, otc market cycles, or different charting patterns.
Verano Holdings Corp Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Verano Holdings Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Verano Holdings Corp Trend Analysis
Use this graph to draw trend lines for Verano Holdings Corp. You can use it to identify possible trend reversals for Verano Holdings as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Verano Holdings price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Verano Holdings Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Verano Holdings Corp applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Verano Holdings Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 41.01, which is the sum of squared deviations for the predicted Verano Holdings price change compared to its average price change.About Verano Holdings Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Verano Holdings Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Verano Holdings Corp based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Verano Holdings Corp price pattern first instead of the macroeconomic environment surrounding Verano Holdings Corp. By analyzing Verano Holdings's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Verano Holdings's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Verano Holdings specific price patterns or momentum indicators. Please read more on our technical analysis page.
Verano Holdings December 2, 2024 Technical Indicators
Most technical analysis of Verano help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Verano from various momentum indicators to cycle indicators. When you analyze Verano charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.11) | |||
| Market Risk Adjusted Performance | 0.3105 | |||
| Mean Deviation | 3.81 | |||
| Coefficient Of Variation | (631.21) | |||
| Standard Deviation | 6.52 | |||
| Variance | 42.47 | |||
| Information Ratio | (0.18) | |||
| Jensen Alpha | (0.60) | |||
| Total Risk Alpha | (2.13) | |||
| Treynor Ratio | 0.3005 | |||
| Maximum Drawdown | 39.52 | |||
| Value At Risk | (7.89) | |||
| Potential Upside | 7.42 | |||
| Skewness | (0.87) | |||
| Kurtosis | 9.44 |
Complementary Tools for Verano OTC Stock analysis
When running Verano Holdings' price analysis, check to measure Verano Holdings' 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 Verano Holdings is operating at the current time. Most of Verano Holdings' value examination focuses on studying past and present price action to predict the probability of Verano Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Verano Holdings' price. Additionally, you may evaluate how the addition of Verano Holdings to your portfolios can decrease your overall portfolio volatility.
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