Verano Holdings Corp Stock Price on October 15, 2024
VRNOF Stock | USD 1.48 0.02 1.37% |
If you're considering investing in Verano OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Verano Holdings stands at 1.48, as last reported on the 29th of November, with the highest price reaching 1.50 and the lowest price hitting 1.38 during the day. Verano Holdings Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.16, which indicates the firm had a -0.16% return per unit of risk over the last 3 months. Verano Holdings Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Verano Holdings' Risk Adjusted Performance of (0.11), variance of 44.07, and Coefficient Of Variation of (632.01) to confirm the risk estimate we provide.
Verano OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Verano |
Sharpe Ratio = -0.1582
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Estimated Market Risk
6.64 actual daily | 59 59% of assets are less volatile |
Expected Return
-1.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Verano Holdings 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 Verano Holdings by adding Verano Holdings to a well-diversified portfolio.
Verano Holdings Valuation on October 15, 2024
It is possible to determine the worth of Verano Holdings on a given historical date. On October 15, 2024 Verano was worth 3.24 at the beginning of the trading date compared to the closed value of 3.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Verano Holdings otc stock. Still, in general, we apply an absolute valuation method to find Verano Holdings' 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 Verano Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Verano Holdings' related companies.
Open | High | Low | Close | Volume | |
3.25 | 3.38 | 3.16 | 3.36 | 83,877 | |
10/15/2024 | 3.24 | 3.28 | 3.15 | 3.22 | 208,000 |
3.20 | 3.29 | 3.20 | 3.29 | 156,600 |
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Verano Holdings Trading Date Momentum on October 15, 2024
On October 16 2024 Verano Holdings Corp was traded for 3.29 at the closing time. The highest daily price throughout the period was 3.29 and the lowest price was 3.20 . The daily volume was 156.6 K. The net trading volume on 10/16/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 2.17% . The trading price change to current closing price is 12.42% . |
Verano Holdings Corp Fundamentals Correlations and Trends
By evaluating Verano Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Verano Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Verano financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Verano Holdings OTC Stock history
Verano Holdings 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 Verano is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Verano Holdings Corp 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 Verano Holdings stock prices may prove useful in developing a viable investing in Verano Holdings
Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. As of May 10, 2022, it operated 96 retail dispensaries, and 13 cultivation and processing facilities. Verano Hldgs operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 3888 people.
Verano Holdings OTC Stock Technical Analysis
Verano Holdings 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
Verano Holdings Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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Verano Holdings November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Verano Holdings 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 Verano Holdings shares will generate the highest return on investment. By undertsting and applying Verano Holdings otc stock market strength indicators, traders can identify Verano Holdings Corp entry and exit signals to maximize returns
Verano Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Verano Holdings' price direction in advance. Along with the technical and fundamental analysis of Verano OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Verano 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 | (0.11) | |||
Jensen Alpha | (0.89) | |||
Total Risk Alpha | (2.06) | |||
Treynor Ratio | 0.7144 |
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Complementary Tools for Verano OTC Stock analysis
When running Verano Holdings' price analysis, check to measure Verano Holdings' 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 Verano Holdings is operating at the current time. Most of Verano Holdings' value examination focuses on studying past and present price action to predict the probability of Verano Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Verano Holdings' price. Additionally, you may evaluate how the addition of Verano Holdings to your portfolios can decrease your overall portfolio volatility.
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