# Trulieve Cannabis Corp Stock Volatility

TCNNF Stock | USD 9.71 0.24 2.41% |

At this point, Trulieve Cannabis is slightly risky. Trulieve Cannabis Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0275, which indicates the firm had a 0.0275% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Trulieve Cannabis Corp, which you can use to evaluate the volatility of the company. Please validate Trulieve Cannabis' Risk Adjusted Performance of 0.04, coefficient of variation of 2490.06, and Semi Deviation of 4.04 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.

**Key indicators related to Trulieve Cannabis' volatility include:**30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |

Trulieve Cannabis OTC Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Trulieve daily returns, and it is calculated using variance and standard deviation. We also use Trulieve's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Trulieve Cannabis volatility.

Trulieve |

### ESG Sustainability

While most ESG disclosures are voluntary, Trulieve Cannabis' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Trulieve Cannabis' managers and investors.Environmental | Governance | Social |

Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Trulieve Cannabis can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game as hey may decide to buy additional stocks of Trulieve Cannabis at lower prices to lower their average cost per share. Similarly, when the prices of Trulieve Cannabis' stock rise, investors can sell out and invest the proceeds in other equities with better opportunities.

## Trulieve Cannabis Market Sensitivity And Downside Risk

Trulieve Cannabis' beta coefficient measures the volatility of Trulieve otc stock compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Trulieve otc stock's returns against your selected market. In other words, Trulieve Cannabis's beta of -0.58 provides an investor with an approximation of how much risk Trulieve Cannabis otc stock can potentially add to one of your existing portfolios. Trulieve Cannabis Corp exhibits above-average semi-deviation for your current time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Trulieve Cannabis' otc stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Trulieve Cannabis' otc stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

3 Months Beta |Analyze Trulieve Cannabis Corp Demand TrendCheck current 90 days Trulieve Cannabis correlation with market (Dow Jones Industrial)## Trulieve Beta |

Trulieve standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.

## Standard Deviation | 4.43 |

It is essential to understand the difference between upside risk (as represented by Trulieve Cannabis's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Trulieve Cannabis' daily returns or price. Since the actual investment returns on holding a position in trulieve otc stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Trulieve Cannabis.

## Trulieve Cannabis Corp OTC Stock Volatility Analysis

Volatility refers to the frequency at which Trulieve Cannabis otc price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Trulieve Cannabis' price changes. Investors will then calculate the volatility of Trulieve Cannabis' otc stock to predict their future moves. A otc that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A otc stock with relatively stable price changes has low volatility. A highly volatile otc is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Trulieve Cannabis' volatility:

### Historical Volatility

This type of otc volatility measures Trulieve Cannabis' fluctuations based on previous trends. It's commonly used to predict Trulieve Cannabis' future behavior based on its past. However, it cannot conclusively determine the future direction of the otc stock.### Implied Volatility

This type of volatility provides a positive outlook on future price fluctuations for Trulieve Cannabis' current market price. This means that the otc will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Trulieve Cannabis' to be redeemed at a future date.Transformation |

The output start index for this execution was zero with a total number of output elements of sixty-one. Trulieve Cannabis Corp Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.

## Trulieve Cannabis Projected Return Density Against Market

Assuming the 90 days horizon Trulieve Cannabis Corp has a beta of -0.5831 . This usually implies as returns on the benchmark increase, returns on holding Trulieve Cannabis are expected to decrease at a much lower rate. During a bear market, however, Trulieve Cannabis Corp is likely to outperform the market.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Trulieve Cannabis or Pharmaceuticals sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Trulieve Cannabis' price will be affected by overall otc stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Trulieve otc's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.

Trulieve Cannabis Corp has an alpha of 0.2069, implying that it can generate a 0.21 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |

Returns |

## What Drives a Trulieve Cannabis Price Volatility?

Several factors can influence a otc's market volatility:### Industry

Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.### Political and Economic environment

When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.### The Company's Performance

Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.## Trulieve Cannabis OTC Stock Risk Measures

Assuming the 90 days horizon the coefficient of variation of Trulieve Cannabis is 3641.76. The daily returns are distributed with a variance of 19.6 and standard deviation of 4.43. The mean deviation of Trulieve Cannabis Corp is currently at 3.05. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.79

α | Alpha over Dow Jones | 0.21 | |

β | Beta against Dow Jones | -0.58 | |

σ | Overall volatility | 4.43 | |

Ir | Information ratio | 0.02 |

## Trulieve Cannabis OTC Stock Return Volatility

Trulieve Cannabis historical daily return volatility represents how much of Trulieve Cannabis otc's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 4.4268% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.8211% volatility on return distribution over the 90 days horizon. Performance |

Timeline |

## About Trulieve Cannabis Volatility

Volatility is a rate at which the price of Trulieve Cannabis or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Trulieve Cannabis may increase or decrease. In other words, similar to Trulieve's beta indicator, it measures the risk of Trulieve Cannabis and helps estimate the fluctuations that may happen in a short period of time. So if prices of Trulieve Cannabis fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.

Please read more on our technical analysis page.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. It employs 8000 people.

Trulieve Cannabis' stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on Trulieve OTC Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Trulieve Cannabis' price varies over time.

## 3 ways to utilize Trulieve Cannabis' volatility to invest better

Higher Trulieve Cannabis' stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Trulieve Cannabis Corp stock is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Trulieve Cannabis Corp stock volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Trulieve Cannabis Corp investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Trulieve Cannabis' stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of Trulieve Cannabis' stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.

## Trulieve Cannabis Investment Opportunity

Trulieve Cannabis Corp has a volatility of 4.43 and is 5.4 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of Trulieve Cannabis Corp is lower than**39 percent**of all global equities and portfolios over the last 90 days. You can use Trulieve Cannabis Corp to protect your portfolios against small market fluctuations. The otc stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Trulieve Cannabis to be traded at $9.32 in 90 days.

### Good diversification

The correlation between Trulieve Cannabis Corp and DJI is

**-0.11**(i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Trulieve Cannabis Corp and DJI in the same portfolio, assuming nothing else is changed.## Trulieve Cannabis Additional Risk Indicators

The analysis of Trulieve Cannabis' secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Trulieve Cannabis' investment and either accepting that risk or mitigating it. Along with some common measures of Trulieve Cannabis otc stock's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.

Risk Adjusted Performance | 0.04 | |||

Market Risk Adjusted Performance | (0.27) | |||

Mean Deviation | 3.09 | |||

Semi Deviation | 4.04 | |||

Downside Deviation | 4.39 | |||

Coefficient Of Variation | 2490.06 | |||

Standard Deviation | 4.38 |

Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential otc stocks, we recommend comparing similar otcs with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

## Trulieve Cannabis Suggested Diversification Pairs

Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.

The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Trulieve Cannabis as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Trulieve Cannabis' systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Trulieve Cannabis' unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Trulieve Cannabis Corp.

## 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.

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