The entity has beta of 1.3046 which indicates as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, SUPREME CANNABIS will likely underperform. Even though it is essential to pay attention to SUPREME CANNABIS INC
current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. SUPREME CANNABIS INC exposes twenty-one different technical indicators which can help you to evaluate its performance. SUPREME CANNABIS INC
has expected return of -0.5943%. Please be advised to validate SUPREME CANNABIS Variance
, Value At Risk
as well as the relationship
between Value At Risk and Skewness
to decide if SUPREME CANNABIS INC
past performance will be repeated at some future point.
Over the last 30 days SUPREME CANNABIS INC has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's fundamental drivers remain rather sound which may send shares a bit higher in November 2019. The ongoing tumult may also be a sign of longer-term up-swing for the firm shareholders.
|Fifty Two Week Low||0.6370|
|Fifty Two Week High||1.7890|