Verano Holdings Corp Stock Price on November 1, 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), coefficient of variation of (632.01), and Variance of 44.07 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.

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 November 1, 2024

It is possible to determine the worth of Verano Holdings on a given historical date. On November 1, 2024 Verano was worth 3.24 at the beginning of the trading date compared to the closed value of 3.35. 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
  3.36    3.36    3.17    3.24    426,700  
11/01/2024
  3.24    3.39    3.23    3.35    284,500  
  3.35    3.58    3.35    3.45    737,400  
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Open Value
3.24
3.35
Closing Value
23.15
Upside

Verano Holdings Trading Date Momentum on November 1, 2024

On November 04 2024 Verano Holdings Corp was traded for  3.45  at the closing time. The highest daily price throughout the period was 3.58  and the lowest price was  3.35 . The daily volume was 737.4 K. The net trading volume on 11/04/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 2.99% . The trading price change to current closing price is 42.69% .

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.
A focus of Verano Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Verano Holdings 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

Verano Holdings Period Price Range

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November 29, 2024
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Verano Holdings Corp 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.

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.

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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