General Cannabis Cash per Share vs. Total Asset

CANN Stock  USD 0.08  0.0002  0.25%   
Based on General Cannabis' profitability indicators, General Cannabis Corp may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in May. Profitability indicators assess General Cannabis' ability to earn profits and add value for shareholders.
For General Cannabis profitability analysis, we use financial ratios and fundamental drivers that measure the ability of General Cannabis to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well General Cannabis Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between General Cannabis's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of General Cannabis Corp over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between General Cannabis' value and its price as these two are different measures arrived at by different means. Investors typically determine if General Cannabis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, General Cannabis' 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.

General Cannabis Corp Total Asset vs. Cash per Share Fundamental Analysis

General Total Asset vs. Cash per Share

General Cannabis

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Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

General Cannabis

Total Asset

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Tangible Assets

+

Intangible Assets

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22.02 M
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.

General Total Asset Comparison

General Cannabis is currently under evaluation in total asset category among related companies.

Use General Cannabis in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if General Cannabis position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in General Cannabis will appreciate offsetting losses from the drop in the long position's value.

General Cannabis Pair Trading

General Cannabis Corp Pair Trading Analysis

The ability to find closely correlated positions to General Cannabis could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace General Cannabis when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back General Cannabis - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling General Cannabis Corp to buy it.
The correlation of General Cannabis is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as General Cannabis moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if General Cannabis Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for General Cannabis can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your General Cannabis position

In addition to having General Cannabis in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Military Industrial Thematic Idea Now

Military Industrial
Military Industrial Theme
A collection of large United States defense contractors including companies involved in production or distribution of aircraft, ships, vehicles, weaponry, and electronic systems in cooperation with the government. The Military Industrial theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Military Industrial Theme or any other thematic opportunities.
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You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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To fully project General Cannabis' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of General Cannabis Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include General Cannabis' income statement, its balance sheet, and the statement of cash flows.
Potential General Cannabis investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although General Cannabis investors may work on each financial statement separately, they are all related. The changes in General Cannabis's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on General Cannabis's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.