Medical Marijuana (UK) Profile

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Medical Marijuana Market Sensitivity

As returns on market increase, Medical Marijuana returns are expected to increase less than the market. However during bear market, the loss on holding Medical Marijuana will be expected to be smaller as well.
One Month Beta |Analyze Medical Marijuana Demand Trend
Check current 30 days Medical Marijuana correlation with market (NYSE)
β = 0.1468
Medical Marijuana Small BetaMedical Marijuana Beta Legend

Medical Marijuana Risk Profiles

Key Fundamentals

Medical Marijuana Against Markets

Medical Marijuana correlation with market

Significant diversification
Overlapping area represents amount of risk that can be diversified away by holding Medical Marijuana Inc. and equity matching NYA index in the same portfolio

Medical Marijuana Diversification Suggestion

Use Medical Marijuana to protect against small markets fluctuations. The stock experiences normal downward fluctuation but is a risky buy. Check odds of Medical Marijuana to be traded at 0.0396 in 30 days

Medical Marijuana Daily Price Distribution

The median price of Medical Marijuana for the period between Tue, May 31, 2016 and Thu, Jun 30, 2016 is 0.04 with a coefficient of variation of 11.04. The daily time series for the period is distributed with a sample standard deviation of 0.0, arithmetic mean of 0.04, and mean deviation of 0.0. The Stock did not receive any noticable media coverage during the period.

Medical Marijuana Summary

Medical Marijuana Inc [MJNA] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Micro-Cap' category with current market capitalization of 33.4 M. Medical Marijuana Inc has 552.97 M outstanding shares.
  The entity Medical Marijuana Inc with a symbol MJNA was delisted from LSE Stock Exchange. Please use Medical Marijuana Inc with a symbol MJNA from now on.
Medical Marijuana Alerts
Equity Alerts and Improvement Suggestions
Medical Marijuana generates negative expected return over the last 30 days
Medical Marijuana has some characteristics of a very speculative penny stock
Medical Marijuana has high historical volatility and very poor performance
Medical Marijuana has high likelihood to experience some financial distress in the next 2 years
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Research Report
Get Medical Marijuana research report
Get Medical Marijuana research report. Reports are available in pdf format and contain fundamental information about the equity. Click Research Report to view
Pair Trading
Medical Marijuana Pair Trading Analysis
Correlation analysis and pair trading evaluation for Medical Marijuana and Toyota Motor. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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