Cronos Group Stock Price on December 4, 2024

CRON Stock  CAD 2.84  0.02  0.70%   
Below is the normalized historical share price chart for Cronos Group extending back to December 17, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Cronos stands at 2.84, as last reported on the 30th of December, with the highest price reaching 2.92 and the lowest price hitting 2.82 during the day.
200 Day MA
3.1934
50 Day MA
2.9082
Beta
1.013
 
Yuan Drop
 
Covid
If you're considering investing in Cronos Stock, it is important to understand the factors that can impact its price. As of now, Cronos Stock is risky. Cronos Group secures Sharpe Ratio (or Efficiency) of 0.0093, which signifies that the company had a 0.0093% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Cronos Group, which you can use to evaluate the volatility of the firm. Please confirm Cronos' Downside Deviation of 2.4, risk adjusted performance of 0.0153, and Mean Deviation of 2.14 to double-check if the risk estimate we provide is consistent with the expected return of 0.0292%.
  
At this time, Cronos' Other Stockholder Equity is very stable compared to the past year. As of the 30th of December 2024, Common Stock Total Equity is likely to grow to about 687.4 M, while Total Stockholder Equity is likely to drop about 730.8 M. . As of the 30th of December 2024, Price Earnings To Growth Ratio is likely to grow to 0.19, while Price To Sales Ratio is likely to drop 8.66. Cronos Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0093

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Estimated Market Risk

 3.12
  actual daily
27
73% of assets are more volatile

Expected Return

 0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Cronos is not performing at its full potential. However, 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 Cronos by adding Cronos to a well-diversified portfolio.
Price Book
0.6992
Enterprise Value Ebitda
(1.95)
Price Sales
10.6678
Shares Float
203.5 M
Wall Street Target Price
3.566

Cronos Valuation on December 4, 2024

It is possible to determine the worth of Cronos on a given historical date. On December 4, 2024 Cronos was worth 2.85 at the beginning of the trading date compared to the closed value of 2.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cronos stock. Still, in general, we apply an absolute valuation method to find Cronos' 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 Cronos where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cronos' related companies.
 Open High Low Close Volume
  2.92    2.95    2.84    2.86    55,152  
12/04/2024
  2.85    2.87    2.79    2.86    228,300  
  2.82    2.89    2.82    2.83    106,906  
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Open Value
2.85
2.86
Closing Value
12.22
Upside

Cronos Trading Date Momentum on December 4, 2024

On December 05 2024 Cronos Group was traded for  2.83  at the closing time. The highest price during the trading period was 2.89  and the lowest recorded bid was listed for  2.82 . The volume for the day was 106.9 K. This history from December 5, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.05% . The overall trading delta to the current price is 4.55% .
JavaScript chart by amCharts 3.21.1512/04/2024Nov 25Nov 27Nov 29DecDec 03Dec 05Dec 07Dec 09Dec 11Dec 132.752.802.852.902.95

Cronos Group Fundamentals Correlations and Trends

By evaluating Cronos' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cronos' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cronos financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Cronos Stock history

Cronos 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 Cronos is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cronos Group 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 Cronos stock prices may prove useful in developing a viable investing in Cronos
Last ReportedProjected for Next Year
Common Stock Shares Outstanding381 M233.2 M
Net Loss-151.9 M-144.3 M

Cronos Quarterly Net Working Capital

902.22 Million

Cronos Stock Technical Analysis

Cronos technical 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, stock market cycles, or different charting patterns.
A focus of Cronos technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cronos trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Cronos Period Price Range

Low
December 30, 2024
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High

 0.00 

     

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Cronos Group cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.

Cronos December 30, 2024 Market Strength

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 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cronos' price direction in advance. Along with the technical and fundamental analysis of Cronos Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cronos 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.
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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Cronos Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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.