Avicanna Stock Price on July 5, 2023
| AVCNF Stock | USD 0.23 0.02 9.52% |
If you're considering investing in Avicanna OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Avicanna stands at 0.23, as last reported on the 18th of January 2025, with the highest price reaching 0.24 and the lowest price hitting 0.22 during the day. Avicanna appears to be out of control, given 3 months investment horizon. Avicanna secures Sharpe Ratio (or Efficiency) of 0.0591, which signifies that the company had a 0.0591% return per unit of risk over the last 3 months. By analyzing Avicanna's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please makes use of Avicanna's Risk Adjusted Performance of 0.0432, downside deviation of 12.02, and Mean Deviation of 4.62 to double-check if our risk estimates are consistent with your expectations.
Avicanna OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Avicanna |
Sharpe Ratio = 0.0591
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Estimated Market Risk
| 8.81 actual daily | 78 78% of assets are less volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Avicanna is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Avicanna by adding it to a well-diversified portfolio.
Avicanna Valuation on July 5, 2023
It is possible to determine the worth of Avicanna on a given historical date. On July 5, 2023 Avicanna was worth 0.2 at the beginning of the trading date compared to the closed value of 0.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avicanna otc stock. Still, in general, we apply an absolute valuation method to find Avicanna's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Avicanna where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Avicanna's related companies.
| Open | High | Low | Close | Volume | |
| 0.23 | 0.23 | 0.23 | 0.23 | 1.00 | |
07/05/2023 | 0.20 | 0.24 | 0.20 | 0.24 | 29,000 |
| 0.24 | 0.24 | 0.24 | 0.24 | 1.00 |
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Avicanna Trading Date Momentum on July 5, 2023
| On July 06 2023 Avicanna was traded for 0.24 at the closing time. The highest daily price throughout the period was 0.24 and the lowest price was 0.24 . There was no trading activity during the period 1.0. Lack of trading volume on 07/06/2023 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
Avicanna Fundamentals Correlations and Trends
By evaluating Avicanna's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Avicanna's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Avicanna financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Avicanna OTC Stock history
Avicanna investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Avicanna is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Avicanna will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Avicanna stock prices may prove useful in developing a viable investing in Avicanna
Avicanna Inc., a commercial-stage biopharmaceutical company, engages in the research and development of evidence-based products for consumer medical and pharmaceutical segments worldwide. Avicanna Inc. was incorporated in 2016 and is headquartered in Toronto, Canada. Avicanna operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 124 people.
Avicanna OTC Stock Technical Analysis
Avicanna technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
Price Boundaries
Avicanna Period Price Range
Low | January 18, 2025
| High |
0.00 | 0.00 |
Avicanna cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Avicanna January 18, 2025 Market Strength
Market strength indicators help investors to evaluate how Avicanna otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Avicanna shares will generate the highest return on investment. By undertsting and applying Avicanna otc stock market strength indicators, traders can identify Avicanna entry and exit signals to maximize returns
Avicanna Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Avicanna's price direction in advance. Along with the technical and fundamental analysis of Avicanna OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Avicanna to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0432 | |||
| Jensen Alpha | 0.3534 | |||
| Total Risk Alpha | 0.1378 | |||
| Sortino Ratio | 0.0265 | |||
| Treynor Ratio | (0.43) |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Avicanna OTC Stock analysis
When running Avicanna's price analysis, check to measure Avicanna'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 Avicanna is operating at the current time. Most of Avicanna's value examination focuses on studying past and present price action to predict the probability of Avicanna's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avicanna's price. Additionally, you may evaluate how the addition of Avicanna to your portfolios can decrease your overall portfolio volatility.
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