The 3 Best Meme Stocks to Buy in Q2 2024 - InvestorPlace
| CRON Stock | CAD 2.71 0.01 0.37% |
About 61% of Cronos' investor base is looking to short. The analysis of overall sentiment of trading Cronos Group stock suggests that many investors are alarmed at this time. Cronos' investing sentiment overview a quick insight into current market opportunities from investing in Cronos Group. Many technical investors use Cronos Group stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Cronos |
The 3 Best Meme Stocks to Buy in Q2 2024 InvestorPlace
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Cronos Fundamental Analysis
We analyze Cronos' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cronos using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cronos based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Net Asset
Net Asset Comparative Analysis
Cronos is currently under evaluation in net asset category among its peers. Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Cronos Group Potential Pair-trading
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.
Peers
Cronos Related Equities
| OGI | OrganiGram Holdings | 0.48 |
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| ACB | Aurora Cannabis | 3.76 |
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| WEED | Canopy Growth | 4.18 |
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Check out Cronos Hype Analysis, Cronos Correlation and Cronos Performance. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.