Cronos Group Stock Price on June 25, 2020
| CRON Stock | USD 2.36 0.01 0.42% |
Below is the normalized historical share price chart for Cronos Group extending back to July 12, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Cronos stands at 2.36, as last reported on the 23rd of April, with the highest price reaching 2.38 and the lowest price hitting 2.17 during the day.
If you're considering investing in Cronos Stock, it is important to understand the factors that can impact its price. Cronos appears to be unstable, given 3 months investment horizon. Cronos Group secures Sharpe Ratio (or Efficiency) of 0.0927, which signifies that the company had a 0.0927% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Cronos Group, which you can use to evaluate the volatility of the firm. Please makes use of Cronos' Mean Deviation of 2.54, downside deviation of 2.8, and Risk Adjusted Performance of 0.0702 to double-check if our risk estimates are consistent with your expectations.
At this time, Cronos' Other Stockholder Equity is very stable compared to the past year. As of the 23rd of April 2024, Common Stock Total Equity is likely to grow to about 719.1 M, while Total Stockholder Equity is likely to drop about 730.3 M. . As of the 23rd of April 2024, Price Earnings To Growth Ratio is likely to grow to 0.20, while Price To Sales Ratio is likely to drop 8.51. Cronos Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of July 2016 | 200 Day MA 2.0577 | 50 Day MA 2.3216 | Beta 1.118 |
Cronos |
Sharpe Ratio = 0.0927
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Estimated Market Risk
| 3.4 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Cronos is performing at about 7% of its full potential. 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 Cronos by adding it to a well-diversified portfolio.
Price Book 0.8704 | Enterprise Value Ebitda (1.42) | Price Sales 11.0159 | Shares Float 203.8 M | Wall Street Target Price 2.61 |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Cronos Stock history
Cronos 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 Cronos is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cronos Group 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 Cronos stock prices may prove useful in developing a viable investing in Cronos
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 381 M | 233.9 M | |
| Net Loss | -151.9 M | -144.3 M |
Cronos Quarterly Net Working Capital |
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Cronos Stock Technical Analysis
Cronos 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.
Price Boundaries
Cronos Period Price Range
Cronos April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Cronos stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cronos shares will generate the highest return on investment. By undertsting and applying Cronos stock market strength indicators, traders can identify Cronos Group entry and exit signals to maximize returns
Cronos Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cronos' price direction in advance. Along with the technical and fundamental analysis of Cronos Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cronos 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.
| Risk Adjusted Performance | 0.0702 | |||
| Jensen Alpha | 0.2119 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.088 | |||
| Treynor Ratio | 0.2268 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cronos Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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When running Cronos' price analysis, check to measure Cronos' 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 Cronos is operating at the current time. Most of Cronos' value examination focuses on studying past and present price action to predict the probability of Cronos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cronos' price. Additionally, you may evaluate how the addition of Cronos to your portfolios can decrease your overall portfolio volatility.
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Is Cronos' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cronos. If investors know Cronos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cronos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.144 | Earnings Share (0.30) | Revenue Per Share 0.229 | Quarterly Revenue Growth 0.085 | Return On Assets (0.04) |
The market value of Cronos Group is measured differently than its book value, which is the value of Cronos that is recorded on the company's balance sheet. Investors also form their own opinion of Cronos' value that differs from its market value or its book value, called intrinsic value, which is Cronos' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cronos' market value can be influenced by many factors that don't directly affect Cronos' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cronos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cronos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cronos' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.