General Cannabis Corp Stock Probability of Future OTC Stock Price Finishing Over 0.0889
| CANN Stock | USD 0.09 0 4.10% |
General |
General Cannabis Target Price Odds to finish over 0.0889
The tendency of General 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 move above the current price in 90 days |
| 0.09 | 90 days | 0.09 | about 18.79 |
Based on a normal probability distribution, the odds of General Cannabis to move above the current price in 90 days from now is about 18.79 (This General Cannabis Corp probability density function shows the probability of General OTC Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the otc stock has the beta coefficient of 1.44 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, General Cannabis will likely underperform. Additionally General Cannabis Corp has an alpha of 0.2401, implying that it can generate a 0.24 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). General Cannabis Price Density |
| Price |
Predictive Modules for General Cannabis
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as General Cannabis 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of General Cannabis' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
General Cannabis Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. General Cannabis is not an exception. The market had few large corrections towards the General Cannabis' 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 General Cannabis Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of General Cannabis within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.24 | |
β | Beta against NYSE Composite | 1.44 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.04 |
General Cannabis 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 General Cannabis for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for General Cannabis 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.| General Cannabis had very high historical volatility over the last 90 days | |
| General Cannabis has some characteristics of a very speculative penny stock | |
| The company currently holds 5.91 M in liabilities with Debt to Equity (D/E) ratio of 0.99, which is about average as compared to similar companies. General Cannabis Corp has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist General Cannabis until it has trouble settling it off, either with new capital or with free cash flow. So, General Cannabis' 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 General Cannabis Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for General to invest in growth at high rates of return. When we think about General Cannabis' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 5.93 M. Net Loss for the year was (8.87 M) with profit before overhead, payroll, taxes, and interest of 1.49 M. | |
| General Cannabis Corp currently holds about 1.07 M in cash with (2.65 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 83.0% of General Cannabis shares are held by company insiders |
General Cannabis 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 General OTC Stock often depends not only on the future outlook of the current and potential General Cannabis' 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. General Cannabis' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 89.6 M |
General Cannabis Technical Analysis
General Cannabis' future price can be derived by breaking down and analyzing its technical indicators over time. General OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of General Cannabis Corp. In general, you should focus on analyzing General OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
General Cannabis Predictive Forecast Models
General Cannabis' time-series forecasting models is one of many General Cannabis' 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 General Cannabis' 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 General Cannabis Corp
Checking the ongoing alerts about General Cannabis for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for General Cannabis Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| General Cannabis had very high historical volatility over the last 90 days | |
| General Cannabis has some characteristics of a very speculative penny stock | |
| The company currently holds 5.91 M in liabilities with Debt to Equity (D/E) ratio of 0.99, which is about average as compared to similar companies. General Cannabis Corp has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist General Cannabis until it has trouble settling it off, either with new capital or with free cash flow. So, General Cannabis' 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 General Cannabis Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for General to invest in growth at high rates of return. When we think about General Cannabis' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 5.93 M. Net Loss for the year was (8.87 M) with profit before overhead, payroll, taxes, and interest of 1.49 M. | |
| General Cannabis Corp currently holds about 1.07 M in cash with (2.65 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 83.0% of General Cannabis shares are held by company insiders |
Check out General Cannabis Backtesting, General Cannabis Valuation, General Cannabis Correlation, General Cannabis Hype Analysis, General Cannabis Volatility, General Cannabis History as well as General Cannabis Performance. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for General OTC Stock analysis
When running General Cannabis' price analysis, check to measure General Cannabis' 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 General Cannabis is operating at the current time. Most of General Cannabis' value examination focuses on studying past and present price action to predict the probability of General Cannabis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move General Cannabis' price. Additionally, you may evaluate how the addition of General Cannabis to your portfolios can decrease your overall portfolio volatility.
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