Cannagrow Holdings Stock Today
| CGRW Stock | USD 0.03 0 7.00% |
Performance8 of 100
| Odds Of DistressOver 77
|
Cannagrow Holdings is selling for under 0.0279 as of the 19th of April 2024; that is -7 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.027. Cannagrow Holdings has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Cannagrow Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
CannaGrow Holdings, Inc. develops, designs, and builds grow facilities for legal cannabis industry in the State of Colorado. CannaGrow Holdings, Inc. is based in Greenwood Village, Colorado. Cannagrow Holdings operates under Specialty Business Services classification in the United States and is traded on OTC Exchange. The company has 101.27 M outstanding shares. More on Cannagrow Holdings
Moving against Cannagrow Pink Sheet
| 0.49 | PKX | POSCO Holdings Earnings Call This Week | PairCorr |
| 0.46 | GPN | Global Payments Sell-off Trend | PairCorr |
Follow Valuation Odds of Bankruptcy
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Cannagrow Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Cannagrow Holdings' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cannagrow Holdings or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Delmar Janovec |
| Thematic Ideas | (View all Themes) |
| Business Concentration | Disruptive Technologies, Marijuana, Specialty Business Services, Industrials (View all Sectors) |
Cannagrow Holdings [CGRW] is a Pink Sheet which is traded between brokers over the counter. The company currently falls under 'Nano-Cap' category with a current market capitalization of 2.27 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cannagrow Holdings's market, we take the total number of its shares issued and multiply it by Cannagrow Holdings's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Cannagrow Holdings conducts business under Industrials sector and is part of Specialty Business Services industry. The entity has 101.27 M outstanding shares.
Cannagrow Holdings currently holds about 26.39 K in cash with (408.27 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Cannagrow Holdings Probability Of Bankruptcy
Cannagrow Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Cannagrow Holdings jumping above the current price in 90 days from now is near 1%. The Cannagrow Holdings probability density function shows the probability of Cannagrow Holdings pink sheet to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Cannagrow Holdings has a beta of -1.1015 suggesting Moreover, cannagrow Holdings has an alpha of 1.0646, implying that it can generate a 1.06 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Cannagrow Holdings to move above the current price in 90 days from now is near 1 (This Cannagrow Holdings probability density function shows the probability of Cannagrow Pink Sheet to fall within a particular range of prices over 90 days) .
Cannagrow Holdings Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Cannagrow Holdings market risk premium is the additional return an investor will receive from holding Cannagrow Holdings long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Cannagrow Holdings. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Cannagrow Holdings' alpha and beta are two of the key measurements used to evaluate Cannagrow Holdings' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.97 | |||
| Standard Deviation | 9.64 | |||
| Variance | 92.98 | |||
| Risk Adjusted Performance | 0.0741 |
Cannagrow Stock Against Markets
Picking the right benchmark for Cannagrow Holdings pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Cannagrow Holdings pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Cannagrow Holdings is critical whether you are bullish or bearish towards Cannagrow Holdings at a given time. Please also check how Cannagrow Holdings' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Cannagrow Holdings without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Cannagrow Holdings Corporate Executives
Elected by the shareholders, the Cannagrow Holdings' board of directors comprises two types of representatives: Cannagrow Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cannagrow. The board's role is to monitor Cannagrow Holdings' management team and ensure that shareholders' interests are well served. Cannagrow Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cannagrow Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
How to buy Cannagrow Pink Sheet?
Before investing in Cannagrow Holdings, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Cannagrow Holdings. To buy Cannagrow Holdings stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Cannagrow Holdings. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Cannagrow Holdings stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Cannagrow Holdings stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Cannagrow Holdings stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Cannagrow Holdings, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Cannagrow Holdings?
The danger of trading Cannagrow Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Cannagrow Holdings is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Cannagrow Holdings. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cannagrow Holdings is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cannagrow Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Cannagrow Pink Sheet analysis
When running Cannagrow Holdings' price analysis, check to measure Cannagrow 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 Cannagrow Holdings is operating at the current time. Most of Cannagrow Holdings' value examination focuses on studying past and present price action to predict the probability of Cannagrow Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cannagrow Holdings' price. Additionally, you may evaluate how the addition of Cannagrow Holdings to your portfolios can decrease your overall portfolio volatility.
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