Green Thumb Industries Stock Today
| GTBIF Stock | USD 12.01 0.36 2.91% |
Performance0 of 100
| Odds Of DistressLess than 10
|
Green Thumb is trading at 12.01 as of the 23rd of April 2024. This is a -2.91 percent down since the beginning of the trading day. The stock's lowest day price was 11.95. Green Thumb has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Green Thumb Industries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of June 2023 and ending today, the 23rd of April 2024. Click here to learn more.
Green Thumb Industries Inc. engages in manufacture, distribution, and sale of various cannabis products for medical and adult-use in the United States. The company was founded in 2014 and is headquartered in Chicago, Illinois. Green Thumb operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. The company has 207.34 M outstanding shares. More on Green Thumb Industries
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Green OTC Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Green Thumb's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Green Thumb or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO, Director | Victor Tanaka |
| Business Concentration | Drug Manufacturers—Specialty & Generic, Healthcare (View all Sectors) |
Green Thumb Industries [GTBIF] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.94 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Green Thumb's market, we take the total number of its shares issued and multiply it by Green Thumb'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. Green Thumb Industries classifies itself under Healthcare sector and is part of Drug Manufacturers—Specialty & Generic industry. The entity has 207.34 M outstanding shares.
Green Thumb Industries has accumulated about 145.28 M in cash with 132.05 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.62.
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Ownership AllocationGreen Thumb secures a total of 207.34 Million outstanding shares. Green Thumb retains 3.37 (percent) of its outstanding shares held by insiders and 9.062 (percent) owned by outside corporations. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
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Green Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Green Thumb jumping above the current price in 90 days from now is about 92.84%. The Green Thumb Industries probability density function shows the probability of Green Thumb otc stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the otc stock has a beta coefficient of 2.2311. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Green Thumb will likely underperform. Additionally, green Thumb Industries has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Green Thumb to move above the current price in 90 days from now is about 92.84 (This Green Thumb Industries probability density function shows the probability of Green OTC Stock to fall within a particular range of prices over 90 days) .
Green Thumb Industries Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Green Thumb market risk premium is the additional return an investor will receive from holding Green Thumb 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 Green Thumb. 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 Green Thumb's alpha and beta are two of the key measurements used to evaluate Green Thumb's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 3.04 | |||
| Semi Deviation | 3.61 | |||
| Standard Deviation | 3.95 | |||
| Variance | 15.64 |
Green Stock Against Markets
Picking the right benchmark for Green Thumb otc stock 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 Green Thumb otc stock 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 Green Thumb is critical whether you are bullish or bearish towards Green Thumb Industries at a given time. Please also check how Green Thumb's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Green Thumb 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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Green Thumb Corporate Directors
Green Thumb corporate directors refer to members of a Green Thumb board of directors. The board of directors generally takes responsibility for the Green Thumb's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Green Thumb's board members must vote for the resolution. The Green Thumb board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Norm Yurik | Director | Profile | |
| Westley Moore | Director | Profile | |
| Wendy Berger | Director | Profile | |
| Glen Senk | Director | Profile |
How to buy Green OTC Stock?
Before investing in Green Thumb, 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 Green Thumb. To buy Green Thumb stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Green Thumb. 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 Green Thumb stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Green Thumb Industries 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 Green Thumb Industries 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 Green Thumb Industries, 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 Green Thumb Industries?
The danger of trading Green Thumb Industries is mainly related to its market volatility and OTC Stock 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 Green Thumb 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 Green Thumb. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Green Thumb Industries 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Green Thumb Industries. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Green OTC Stock analysis
When running Green Thumb's price analysis, check to measure Green Thumb's 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 Green Thumb is operating at the current time. Most of Green Thumb's value examination focuses on studying past and present price action to predict the probability of Green Thumb's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Green Thumb's price. Additionally, you may evaluate how the addition of Green Thumb to your portfolios can decrease your overall portfolio volatility.
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