Cronos Stock Forecast - Day Typical Price

CRON Stock  CAD 2.86  0.07  2.51%   
Cronos Stock Forecast is based on your current time horizon. Although Cronos' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Cronos' systematic risk associated with finding meaningful patterns of Cronos fundamentals over time.
  
As of the 25th of December 2024, Inventory Turnover is likely to grow to 2.59. Also, Payables Turnover is likely to grow to 6.52. As of the 25th of December 2024, Common Stock Shares Outstanding is likely to drop to about 233.2 M. In addition to that, Net Loss is likely to grow to about (144.3 M).
On December 12, 2024 Cronos Group had Day Typical Price of 2.78. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
Check Cronos VolatilityBacktest CronosTrend Details  

Cronos Trading Date Momentum

On December 13 2024 Cronos Group was traded for  2.73  at the closing time. The highest price during the trading period was 2.81  and the lowest recorded bid was listed for  2.70 . The volume for the day was 170.5 K. This history from December 13, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.85% . The overall trading delta to the current price is 2.49% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
Compare Cronos to competition

Other Forecasting Options for Cronos

For every potential investor in Cronos, whether a beginner or expert, Cronos' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Cronos Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Cronos. Basic forecasting techniques help filter out the noise by identifying Cronos' price trends.

Cronos Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Cronos stock to make a market-neutral strategy. Peer analysis of Cronos could also be used in its relative valuation, which is a method of valuing Cronos by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Cronos Group Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Cronos' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Cronos' current price.

Cronos Market Strength Events

Market strength indicators help investors to evaluate how Cronos stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cronos shares will generate the highest return on investment. By undertsting and applying Cronos stock market strength indicators, traders can identify Cronos Group entry and exit signals to maximize returns.

Cronos Risk Indicators

The analysis of Cronos' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Cronos' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cronos stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
When determining whether Cronos Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cronos' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cronos Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cronos Group Stock:
Check out Historical Fundamental Analysis of Cronos to cross-verify your projections.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Please note, there is a significant difference between Cronos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cronos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cronos' 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.