General Cannabis Corp Stock Market Value
CANN Stock | USD 0.03 0.0006 2.23% |
Symbol | General |
General Cannabis 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to General Cannabis' pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of General Cannabis.
04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in General Cannabis on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding General Cannabis Corp or generate 0.0% return on investment in General Cannabis over 90 days. Trees Corporation provides products and services to the regulated cannabis industry and non-cannabis customers in the Un... More
General Cannabis Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure General Cannabis' pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess General Cannabis Corp upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.06) | |||
Maximum Drawdown | 39.89 | |||
Value At Risk | (14.00) | |||
Potential Upside | 14.0 |
General Cannabis Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for General Cannabis' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as General Cannabis' standard deviation. In reality, there are many statistical measures that can use General Cannabis historical prices to predict the future General Cannabis' volatility.Risk Adjusted Performance | (0.03) | |||
Jensen Alpha | (0.58) | |||
Total Risk Alpha | (1.43) | |||
Treynor Ratio | (0.19) |
General Cannabis Corp Backtested Returns
General Cannabis Corp holds Efficiency (Sharpe) Ratio of close to zero, which attests that the entity had a close to zero % return per unit of risk over the last 3 months. General Cannabis Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out General Cannabis' Standard Deviation of 7.72, market risk adjusted performance of (0.18), and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.81, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, General Cannabis will likely underperform. At this point, General Cannabis Corp has a negative expected return of -0.0307%. Please make sure to check out General Cannabis' potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if General Cannabis Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.03 |
Virtually no predictability
General Cannabis Corp has virtually no predictability. Overlapping area represents the amount of predictability between General Cannabis time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of General Cannabis Corp price movement. The serial correlation of 0.03 indicates that only 3.0% of current General Cannabis price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.03 | |
Spearman Rank Test | 0.16 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
General Cannabis Corp lagged returns against current returns
Autocorrelation, which is General Cannabis pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting General Cannabis' pink sheet expected returns. We can calculate the autocorrelation of General Cannabis returns to help us make a trade decision. For example, suppose you find that General Cannabis has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
Timeline |
General Cannabis regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If General Cannabis pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if General Cannabis pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in General Cannabis pink sheet over time.
Current vs Lagged Prices |
Timeline |
General Cannabis Lagged Returns
When evaluating General Cannabis' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of General Cannabis pink sheet have on its future price. General Cannabis autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, General Cannabis autocorrelation shows the relationship between General Cannabis pink sheet current value and its past values and can show if there is a momentum factor associated with investing in General Cannabis Corp.
Regressed Prices |
Timeline |
Pair Trading with General Cannabis
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.Moving against General Pink Sheet
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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.Other Information on Investing in General Pink Sheet
General Cannabis financial ratios help investors to determine whether General Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in General with respect to the benefits of owning General Cannabis security.