Im Cannabis Corp Stock Market Value
| IMCC Stock | USD 3.42 0.08 2.40% |
| Symbol | IMCC |
Im Cannabis Corp Price To Book Ratio
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Im Cannabis. If investors know IMCC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Im Cannabis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.39) | Revenue Per Share | Quarterly Revenue Growth 0.036 | Return On Assets | Return On Equity |
The market value of Im Cannabis Corp is measured differently than its book value, which is the value of IMCC that is recorded on the company's balance sheet. Investors also form their own opinion of Im Cannabis' value that differs from its market value or its book value, called intrinsic value, which is Im Cannabis' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Im Cannabis' market value can be influenced by many factors that don't directly affect Im Cannabis' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Im Cannabis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Im Cannabis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Im Cannabis' 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.
Im Cannabis 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Im Cannabis' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Im Cannabis.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Im Cannabis on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Im Cannabis Corp or generate 0.0% return on investment in Im Cannabis over 90 days. Im Cannabis is related to or competes with Flora Growth, Painreform, INC Research, InMed Pharmaceuticals, and Inspira Technologies. IM Cannabis Corp. engages in breeding, growing, and supply of medical cannabis products in Israel, Germany, and Canada More
Im Cannabis Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Im Cannabis' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Im Cannabis Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.45 | |||
| Information Ratio | 0.147 | |||
| Maximum Drawdown | 128.0 | |||
| Value At Risk | (8.67) | |||
| Potential Upside | 24.25 |
Im Cannabis Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Im Cannabis' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Im Cannabis' standard deviation. In reality, there are many statistical measures that can use Im Cannabis historical prices to predict the future Im Cannabis' volatility.| Risk Adjusted Performance | 0.1554 | |||
| Jensen Alpha | 2.47 | |||
| Total Risk Alpha | 0.2362 | |||
| Sortino Ratio | 0.2118 | |||
| Treynor Ratio | (2.55) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Im Cannabis' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Im Cannabis Corp Backtested Returns
Im Cannabis is dangerous given 3 months investment horizon. Im Cannabis Corp retains Efficiency (Sharpe Ratio) of 0.15, which attests that the entity had a 0.15 % return per unit of price deviation over the last 3 months. We were able to break down thirty different technical indicators, which can help you to evaluate if expected returns of 2.34% are justified by taking the suggested risk. Use Im Cannabis Corp Standard Deviation of 15.06, semi deviation of 8.54, and Market Risk Adjusted Performance of (2.54) to evaluate company specific risk that cannot be diversified away. Im Cannabis holds a performance score of 11 on a scale of zero to a hundred. The company owns a Beta (Systematic Risk) of -0.92, which attests to possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Im Cannabis are expected to decrease slowly. On the other hand, during market turmoil, Im Cannabis is expected to outperform it slightly. Use Im Cannabis Corp treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to analyze future returns on Im Cannabis Corp.
Auto-correlation | 0.48 |
Average predictability
Im Cannabis Corp has average predictability. Overlapping area represents the amount of predictability between Im Cannabis time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Im Cannabis Corp price movement. The serial correlation of 0.48 indicates that about 48.0% of current Im Cannabis price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Im Cannabis Corp lagged returns against current returns
Autocorrelation, which is Im Cannabis stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Im Cannabis' stock expected returns. We can calculate the autocorrelation of Im Cannabis returns to help us make a trade decision. For example, suppose you find that Im Cannabis has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Im Cannabis regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Im Cannabis stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Im Cannabis stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Im Cannabis stock over time.
Current vs Lagged Prices |
| Timeline |
Im Cannabis Lagged Returns
When evaluating Im Cannabis' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Im Cannabis stock have on its future price. Im Cannabis autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Im Cannabis autocorrelation shows the relationship between Im Cannabis stock current value and its past values and can show if there is a momentum factor associated with investing in Im Cannabis Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Im Cannabis Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Im Cannabis' 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 Im Cannabis Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Im Cannabis Corp Stock:Check out Im Cannabis Correlation, Im Cannabis Volatility and Im Cannabis Alpha and Beta module to complement your research on Im Cannabis. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Im Cannabis 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.