MARKET COMPOSITE
Market TodayThemes and Stocks SummaryThematic Stock SearchCrypto SummaryDaily Refresh Schedule
Pot Stocks$24.51
1.63%4:00PM 07/01/2022
The list of companies include TLRY-Tilray Inc, CGC-Canopy Growth Corporation, CRON-Cronos Group Inc, OGI-OrganiGram Holdings Inc., ACB-Aurora Cannabis Inc, KERN-Akerna Corp, SNDL-Sundial Growers Inc, VFF-Village Farms International Inc, HEXO-HEXO Corp
Latest intraday update before market close @ 19:45:43 PM 07/01/2022
Summary :
Average return is up 0.9%
Median return is up 1.1%
9 out of 12 stocks are up (limited to those with intraday pricing feeds).

Aggregated price index

Aggregated price index with volume information

Summary:

  • Pot stocks up 1.6% on average while median return up 1.3% in a day
  • Pot stocks down 10.9% on average while median return down 10.0% in a week
  • Pot stocks down 20.5% on average while median return down 17.6% in a month
  • When average return is significantly different from median return, this implies an asymmetry - composite return is driven by some outliners.

Aggregated price index (close) is based on equal weighted constituencies returns. Average short volume and average total volumes are averaged across all volume data among constituencies.

Related Stocks

Click on + to show price series and click on ticker for stock detail page

Ticker
1 Day Return
1 Week Return
1 Month Return
PE Ratio
PE/G
P/B (mrq)
P/S (ttm)
Earning Growth
MarketCap
Short %
Held By Institutions %
RSI
Price Pattern
Resist Support
Days Since Channel Change
Channel Slope (daily rate %)
KERN9.3%
-58.1%
-63.2%
2.366.355.8M13%23%22\112-0.8%
VFF3.8%
-10.3%
-10.9%
2.344.28238.7M10%31%40\/-\261-0.3%
OGI2.5%
-11.3%
-15.3%
2.5612.10294.9M16%40\/\131-0.4%
ACB2.3%
-11.8%
-14.0%
-0.270.736.08402M19%37\-\261-0.3%
CRON1.4%
-8.0%
0.0%
-4.011.9861.251.1B11%17%47\/-\131-0.3%
TLRY1.0%
-12.7%
-24.6%
-2.31-0.455.6012.351.6B8%35\/\131-0.5%
CGC-1.4%
-25.5%
-40.3%
-4.552.5316.191.1B17%15%30\/\131-0.5%

* P/E and MarketCap are refreshed daily using IEX Cloud service. P/B, P/S, PEG, growth, short%, HelbyInstitute are refreshed weekly using Yahoo feeds. For latest stock stats please visit Yahoo Finance.

* Price Patter: / is upward trend, \ is downward trend, - is sideway. Click on the ticker to go to stock page to see Bayesian Trend model plot of the time series.

* Channel and change points are derived from Bayesian Trend model, where the channel slope is the growth rate while change points are those the model partition the time series.

Related ETFs (click on ticker for stock detail page)

  • 1M winners are : Winners for past month are
  • 1M losers are : Losers for past month are $POTX -18.8%, $CNBS -20.3%, $YOLO -21.8%, $TLRY -24.6%, $CGC -40.3%
  • 1W winners are : Winners for past week are
  • 1W losers are : Losers for past week are $OGI -11.3%, $ACB -11.8%, $POTX -11.9%, $TLRY -12.7%, $CGC -25.5%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 79.9%, for the past 3 months is 71.0%

In the past month for a 5 days rolling window, the highest corrrelation is 91.9%, the lowest correlation is 63.6%, the latest correlation is 75.1%

When a correlation deviated from the normal level and goes lower or even negative, it indicates some of stocks have deviated from the normal direction of the group. The deviation could reverse if long term level of correlation was at a higher level. It creates trading opportunities and deserves study whether the deviation is idiosyncratic or systematic.

Among pairwise correlation, the highest correlation is 93.0% between CRON and MJ

The lowest correlation is 55.8% between ACB and VFF

Stock news

    07/1/2022CGC
    Inflation: ‘We’re very judicious on how we look at pricing,’ Constellation Brands CEO says

    Constellation Brands CEO Bill Newlands joins Yahoo Finance Live to discuss company earnings, inflation, consumer demand, stake in Canopy Growth, and the outlook for growth.

    06/30/2022CGC
    Canopy Growth Announces Additional Exchanges with Holders of Notes

    Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) announced today that, further to its press release dated June 29, 2022, it has entered into an additional privately negotiated exchange agreement (the "Exchange Agreement") with a holder (the "Noteholder") of the Company's outstanding 4.25% unsecured senior notes due 2023 (the "Notes"), to acquire approximately C$7.25 million (approximately USD$5.6 million) aggregate principal amount of the Notes from the Note

    06/30/2022CGC
    Constellation Brands’ Earnings Beat Forecasts but the Stock Is Down

    The company reduced its full-year financial forecasts on a reported basis, though the outlook excluding its cannabis business was higher than the consensus call.

    06/30/2022ACB
    Is Aurora Cannabis Too Cheap to Pass Up Right Now?

    Aurora Cannabis (NASDAQ: ACB) is one of the most beaten-down cannabis stocks in the entire industry. Investors will recall that back in 2018, Aurora announced it was acquiring medical marijuana company MedReleaf for more than $2.5 billion in what at the time was the sector's largest deal. Today, Aurora is worth about one-fifth of that value, with a market cap of over $400 million.

    06/30/2022TLRY
    Why Tilray Tumbled Today

    Tilray (NASDAQ: TLRY) stock slid by more than 6.3% on Thursday as of 10:26 a.m. ET, driven by a worse-than-expected downward revision to the national consumer spending figures in the U.S. for the first quarter of 2022. Tilray is a consumer goods and cannabis company that competes in the U.S. via its Sweetwater Brewing beer business and its Manitoba Harvest business, which makes several hemp-based food and wellness products. When people's wallets are getting crunched by inflation, discretionary...

    06/30/2022CGC
    Canopy Growth shares fall after it agrees to convert debt into stock in deal with Constellation Brands

    Canopy Growth Corp. fell 17% in premarket trades on Thursday after the company said it reached an agreement with Constellation Brands Inc. to convert about $198 million of convertible debt into stock. Constellation agreed to acquire between 21.93 million or 5.4% of Canopy stock and 30.7 million shares or 7.6% of Canopy stock that will convert from debt. The prices for the stock will range from $2.50 a share to $3.50 a share. Canopy Growth CFO Judy Hong said the transaction will address a "substa

    06/30/2022CGC
    Canopy Growth Celebrates Summer with New 'Just Hits Different' Beverage Campaign

    Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC), a world-leading diversified cannabis, hemp, and cannabis device company, today announced the continued expansion of its cannabis beverage portfolio and a brand campaign that drives awareness of its wide range of cannabis beverages just in time for the summer season. Boasting the category's fastest growing brands,1 Canopy Growth continues to show its leadership in beverages and ongoing commitment to meeting cu