Trulieve Cannabis Corp Stock Today
| TCNNF Stock | USD 11.42 0.38 3.22% |
Performance11 of 100
| Odds Of DistressOver 52
|
Trulieve Cannabis is trading at 11.42 as of the 19th of April 2024. This is a -3.22 percent decrease since the beginning of the trading day. The stock's lowest day price was 11.34. Trulieve Cannabis has 52 percent odds of going through some form of financial distress in the next two years but had a very good returns during the last 90 days. Equity ratings for Trulieve Cannabis Corp 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.
Trulieve Cannabis Corp., together with its subsidiaries, operates as a medical cannabis company. Trulieve Cannabis Corp. was incorporated in 1940 and is headquartered in Quincy, Florida. TRULIEVE CANNABIS operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. The company has 159.64 M outstanding shares. More on Trulieve Cannabis Corp
Moving together with Trulieve OTC Stock
| 0.79 | CVI | CVR Energy Financial Report 6th of May 2024 | PairCorr |
| 0.78 | CE | Celanese Financial Report 14th of May 2024 | PairCorr |
Moving against Trulieve OTC Stock
| 0.64 | BA | Boeing Earnings Call This Week | PairCorr |
| 0.61 | APAC | Stonebridge Acquisition Symbol Change | PairCorr |
| 0.55 | LION | Lionheart III Corp | PairCorr |
| 0.46 | TRCA | Twin Ridge Capital | PairCorr |
Trulieve 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. Trulieve Cannabis' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Trulieve Cannabis or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Health Care, Pharmaceuticals, Drug Manufacturers—Specialty & Generic, Healthcare (View all Sectors) |
Trulieve Cannabis Corp [TCNNF] 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 1.15 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Trulieve Cannabis's market, we take the total number of its shares issued and multiply it by Trulieve Cannabis'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. Trulieve Cannabis Corp classifies itself under Pharmaceuticals sector and is part of Health Care industry. The entity has 159.64 M outstanding shares.
Trulieve Cannabis Corp has accumulated about 114.47 M in cash with 12.9 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.62.
Check Trulieve Cannabis Probability Of Bankruptcy
Ownership AllocationTrulieve Cannabis Corp shows a total of 159.64 Million outstanding shares. Trulieve Cannabis Corp has 8.76 % of its outstanding shares held by insiders and 12.51 % owned by institutional holders. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Trulieve Ownership Details
Trulieve Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Trulieve Cannabis jumping above the current price in 90 days from now is about 22.3%. The Trulieve Cannabis Corp probability density function shows the probability of Trulieve Cannabis 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 3.1124. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Trulieve Cannabis will likely underperform. Additionally, trulieve Cannabis Corp has an alpha of 0.7406, implying that it can generate a 0.74 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Trulieve Cannabis to move above the current price in 90 days from now is about 22.3 (This Trulieve Cannabis Corp probability density function shows the probability of Trulieve OTC Stock to fall within a particular range of prices over 90 days) .
Trulieve Cannabis Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Trulieve Cannabis market risk premium is the additional return an investor will receive from holding Trulieve Cannabis 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 Trulieve Cannabis. 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 Trulieve Cannabis' alpha and beta are two of the key measurements used to evaluate Trulieve Cannabis' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 4.51 | |||
| Semi Deviation | 4.18 | |||
| Standard Deviation | 5.57 | |||
| Variance | 31.08 |
Trulieve Stock Against Markets
Picking the right benchmark for Trulieve Cannabis 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 Trulieve Cannabis 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 Trulieve Cannabis is critical whether you are bullish or bearish towards Trulieve Cannabis Corp at a given time. Please also check how Trulieve Cannabis' 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 Trulieve Cannabis 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?
Run Portfolio Anywhere Now
Portfolio AnywhereTrack or share privately all of your investments from the convenience of any device |
| All Next | Launch Module |
Trulieve Cannabis Corporate Management
Elected by the shareholders, the Trulieve Cannabis' board of directors comprises two types of representatives: Trulieve Cannabis inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Trulieve. The board's role is to monitor Trulieve Cannabis' management team and ensure that shareholders' interests are well served. Trulieve Cannabis' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Trulieve Cannabis' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kimberly Rivers | Chairman Founder | Profile | |
| Rebecca Young | VP Officer | Profile | |
| Alex CPA | Chief Officer | Profile | |
| Robert Kremer | Exec Communications | Profile | |
| JD III | Chief Sec | Profile | |
| Jason Pernell | Chief Officer | Profile | |
| Victoria Walker | Director Relations | Profile |
How to buy Trulieve OTC Stock?
Before investing in Trulieve Cannabis, 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 Trulieve Cannabis. To buy Trulieve Cannabis stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Trulieve Cannabis. 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 Trulieve Cannabis stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Trulieve Cannabis Corp 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 Trulieve Cannabis Corp 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 Trulieve Cannabis Corp, 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 Trulieve Cannabis Corp?
The danger of trading Trulieve Cannabis Corp 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 Trulieve Cannabis 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 Trulieve Cannabis. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Trulieve Cannabis Corp 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Trulieve Cannabis Corp. 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 board of governors. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Trulieve OTC Stock analysis
When running Trulieve Cannabis' price analysis, check to measure Trulieve Cannabis' 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 Trulieve Cannabis is operating at the current time. Most of Trulieve Cannabis' value examination focuses on studying past and present price action to predict the probability of Trulieve Cannabis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trulieve Cannabis' price. Additionally, you may evaluate how the addition of Trulieve Cannabis to your portfolios can decrease your overall portfolio volatility.
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Stocks Directory Find actively traded stocks across global markets | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |