Closing Bell Cronos Group Inc down on Thursday - The Globe and Mail
| 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.
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Closing Bell Cronos Group Inc down on Thursday The Globe and Mail
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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.
Number Of Shares Shorted
Number Of Shares Shorted Comparative Analysis
Cronos is currently under evaluation in number of shares shorted category among its peers. Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
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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