Akanda Corp
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I'm going to help you getting a better view of Akanda Corp. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Akanda Corp (30 sec.)

What can you expect buying and holding a share of Akanda Corp? (30 sec.)

How much money do you get?

$0.00

When do you have the money?

1 year

How often do you get paid?

0.0%

What is your share worth?

Current worth

$2.25

Expected worth in 1 year

$12.01

How sure are you?

66.7%

+ What do you gain per year?

Total Gains per Share

$9.76

Return On Investment

10,617.2%

For what price can you sell your share?

Current Price per Share

$0.09

Expected price per share

$0 - $0.2601

How sure are you?

50%

1. Valuation of Akanda Corp (5 min.)

Live pricePrice per Share (EOD)

$0.09

Book Value per Share

$2.25

2. Growth of Akanda Corp (5 min.)

Is Akanda Corp growing?

	Current year	Previous year	Grow	Grow %
How rich?	$26.9m	-$2.2m	$29.1m	108.2%

How much money is Akanda Corp making?

	Current year	Previous year	Grow	Grow %
Making money	$397k	-$9.2m	$9.6m	2,423.2%
Net Profit Margin	15.2%	-22,263.8%	-	-

How much money comes from the company's main activities?

Quarterly Yearly

3. Financial Health of Akanda Corp (5 min.)

What can you expect buying and holding a share of Akanda Corp? (5 min.)

Welcome investor! Akanda Corp's management wants to use your money to grow the business. In return you get a share of Akanda Corp.

What can you expect buying and holding a share of Akanda Corp?

First you should know what it really means to hold a share of Akanda Corp. And how you can make/lose money.

Speculation

The Price per Share of Akanda Corp is $0.0919. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

The fundamentals: the financial health trends of Akanda Corp.
The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Akanda Corp, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $2.25. Based on the TTM, the Book Value Change Per Share is $2.44 per quarter. Based on the YOY, the Book Value Change Per Share is $0.24 per quarter.
You may receive quarterly/yearly dividend in the form of additional shares.
You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.

Based on historical numbers we can estimate the returns while holding a share of Akanda Corp.

How much money are you going to get?

	MRQ		TTM		YOY		5Y		10Y
	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share
Usd Eps	-0.98	-1,063.3%	-0.98	-1,063.3%	-0.68	-741.6%	-0.62	-671.6%	-0.62	-671.6%
Usd Book Value Change Per Share	2.44	2,654.3%	2.44	2,654.3%	0.24	258.2%	0.75	817.8%	0.75	817.8%
Usd Dividend Per Share	0.00	0.0%	0.00	0.0%	0.00	0.0%	0.00	0.0%	0.00	0.0%
Usd Total Gains Per Share	2.44	2,654.3%	2.44	2,654.3%	0.24	258.2%	0.75	817.8%	0.75	817.8%
Usd Price Per Share	0.15	-	0.15	-	0.00	-	0.05	-	0.05	-
Price to Earnings Ratio	-0.15	-	-0.15	-	0.00	-	-0.05	-	-0.05	-
Price-to-Total Gains Ratio	0.06	-	0.06	-	0.06	-	0.06	-
Price to Book Ratio	0.07	-	0.07	-	0.00	-	0.02	-	0.02	-
Price-to-Total Gains Ratio	0.06	-	0.06	-	0.06	-	0.06	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	0.0919
Number of shares	10881

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.00	0.00
Usd Book Value Change Per Share	2.44	0.75
Usd Total Gains Per Share	2.44	0.75
Gains per Quarter (10881 shares)	26,542.03	8,178.07
Gains per Year (10881 shares)	106,168.10	32,712.30

Years	Return on Investment (TTM)			Return on Investment (5Y)
	Dividend	Book Value gain	Total gains	Dividend	Book Value gain	Total gains
Broker costs	-	-	-10	-	-	-10
1	0	106168	106158	0	32712	32702
2	0	212336	212326	0	65425	65414
3	0	318504	318494	0	98137	98126
4	0	424672	424662	0	130849	130838
5	0	530841	530830	0	163561	163550
6	0	637009	636998	0	196274	196262
7	0	743177	743166	0	228986	228974
8	0	849345	849334	0	261698	261686
9	0	955513	955502	0	294411	294398
10	0	1061681	1061670	0	327123	327110

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %

	Trailing 12 Months				3Y				5 Year				10 Year				ALLTIME
				%				%				%				%				%
Earnings Per Share	0.0	1.0	0.0	0.0%	0.0	3.0	0.0	0.0%	0.0	3.0	0.0	0.0%	0.0	3.0	0.0	0.0%	0.0	3.0	0.0	0.0%
Book Value Change Per Share	1.0	0.0	0.0	100.0%	2.0	1.0	0.0	66.7%	2.0	1.0	0.0	66.7%	2.0	1.0	0.0	66.7%	2.0	1.0	0.0	66.7%
Dividend per Share	0.0	0.0	1.0	0.0%	0.0	0.0	3.0	0.0%	0.0	0.0	3.0	0.0%	0.0	0.0	3.0	0.0%	0.0	0.0	3.0	0.0%
Total Gains per Share	1.0	0.0	0.0	100.0%	2.0	1.0	0.0	66.7%	2.0	1.0	0.0	66.7%	2.0	1.0	0.0	66.7%	2.0	1.0	0.0	66.7%

Fundamentals of Akanda Corp

About Akanda Corp

https://www.akandacorp.com
46
1a, 1b Learoyd Road, New Romney, United Kingdom, TN28 8XU
Google Maps Bing Maps

Akanda Corp., through its subsidiaries, engages in the cultivation, manufacture, and distribution of cannabis products to patients worldwide. It offers medicinal-grade cannabis and cannabis based medical and wellness products. The company was incorporated in 2021 and is headquartered in New Romney, the United Kingdom.

Fundamental data was last updated by Penke on 2024-04-09 17:19:03.

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.

Operating Efficiency Details

	Compared to previous year	Compared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.

Liquidity Details

	Compared to previous year	Compared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.

Solvency Details

	Compared to previous year	Compared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details

	Compared to previous year	Compared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Akanda Corp.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Akanda Corp earns for each $1 of revenue.

Above 10% is considered healthy but always compare Akanda Corp to the Drug Manufacturers - Specialty & Generic industry mean.
A Net Profit Margin of 15.2% means that $0.15 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Akanda Corp:

The MRQ is 15.2%. The company is making a huge profit. +2
The TTM is 15.2%. The company is making a huge profit. +2

Trends

Current period		Compared to		+/-
MRQ	15.2%	TTM	15.2%	0.0%
TTM	15.2%	YOY	-22,263.8%	+22,279.0%
TTM	15.2%	5Y	-55,039.4%	+55,054.6%
5Y	-55,039.4%	10Y	-55,039.4%	0.0%

Measures how much net profit Akanda Corp earns for each $1 of revenue.

Revenue is the amount of profit Akanda Corp generates before taxes and all other costs. For example, when you buy a cup of coffee it will cost you $3. The company does not earn $3 in profit but also has to pay various costs and taxes to create that cup of coffee. Let's assume the cost of creating a cup of coffee is $1.5.

The $3 you pay for a cup of coffee is called revenue.
The $1.5 that’s left over when all costs to create that cup of coffee (including taxes) are deduced from the revenue is called net profit.

The net profit margin looks at how much net profit Akanda Corp earns for each $1 in revenue.

How to use net profit margin

Higher profit margin is better (more profit).
Above 10% is considered healthy but always compare Akanda Corp to the Drug Manufacturers - Specialty & Generic industry mean.
Can be used to compare companies within the Drug Manufacturers - Specialty & Generic industry.

You typically want a high profit margin. This means that for each $1 in sales, Akanda Corp makes more profit. This shows the investor how efficiently Akanda Corp is operating in general and compared to other companies in the same industry. Akanda Corp operates in the Drug Manufacturers - Specialty & Generic industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Akanda Corp. If profit margins remain low (compared to the Drug Manufacturers - Specialty & Generic industry mean) and there are no improvements to make in production costs or other areas that might be a warning sign. If profit margins are high that means the company has low overhead costs and is efficiently using its resources to generate profit.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Net Profit Margin of Akanda Corp is 0.15. This means that Akanda Corp earned $0.15 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Net Profit Margin of the Drug Manufacturers - Specialty & Generic industry is .
What is the trend?
The trend is important because it shows you how Akanda Corp is performing over time. The most recent quarter might be important if Akanda Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Akanda Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare Akanda Corp with other companies in the same industry (Drug Manufacturers - Specialty & Generic).
Net profit margin should rise over the years.
Can be influenced when Akanda Corp sells assets (profit will increase while costs remain the same).
It won’t show what part of Akanda Corp is doing great or needs improvement (it only looks at total revenue and total net income).

How to calculate net profit margin

Net profit margin = net income / total revenue * 100%

Real example of Akanda Corp

You need the following data to determine net profit margin:

Income statement from the period you want to calculate (for example, MRQ or TTM).

Net income MRQ Akanda Corp = -5,878
Total revenue MRQ Akanda Corp = 1,397
$-5,878 / $1,397 = 0.15 or 15.2%

Higher is better

The higher the net profit margin, the more efficient the company is generating income. This helps investors to determine how the company is managing money. The net profit margin is an important indicator when diving into the financial health of a company. Overall, you want to see the net profit margin rising over the years. That means the company improved their production and made it more efficient (if possible).

You can use the net profit margin to compare companies within the same industry. If there are two companies where one is much bigger but the smaller one has a higher net profit margin, that means the smaller company is more efficiently using operational costs.

Important: Profit margins can be very different between industries. Companies with assembly lines or transports are much more prone to see shifting in prices for fuel, ingredients and maintenance compared to companies that only provide services. You should never compare net profit margin between different industries.

1.1.2. Return on Assets

Shows how efficient Akanda Corp is using its assets to generate profit.

Above 5% is considered healthy but always compare Akanda Corp to the Drug Manufacturers - Specialty & Generic industry mean.
1.0% Return on Assets means that Akanda Corp generated $0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Akanda Corp:

The MRQ is 1.0%. Using its assets, the company is less efficient in making profit.
The TTM is 1.0%. Using its assets, the company is less efficient in making profit.

Trends

Current period		Compared to		+/-
MRQ	1.0%	TTM	1.0%	0.0%
TTM	1.0%	YOY	-114.6%	+115.7%
TTM	1.0%	5Y	-60.8%	+61.9%
5Y	-60.8%	10Y	-60.8%	0.0%

Shows how efficient Akanda Corp is using its assets to generate profit.

For a farm, a tractor is considered an asset. The tractor helps ploughing the land making it possible to plant and harvest crops. But the tractor might be old and needing maintenance all the time reducing its efficiency. Return on assets indicates how effectively the farm is using the tractor (and other assets that help the core business) to plough the land.

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare Akanda Corp to the Drug Manufacturers - Specialty & Generic industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on assets in their analysis

Shows the investor how effectively Akanda Corp is using its resources to generate profit. If the return on assets (1.0%) from Akanda Corp are higher than the Drug Manufacturers - Specialty & Generic mean () that means Akanda Corp is using its resources better than their competitors. If not, that means their competitors are more efficient in using their resources to generate profit.

An investor should always look at:

What is the current return on assets?
The current most recent quarter (MRQ) Return on Assets of Akanda Corp is 1.0%. This means the company generated $0.01 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Drug Manufacturers - Specialty & Generic industry is .
What is the trend?
The trend is important because it shows you how Akanda Corp is performing over time. The most recent quarter might be important if Akanda Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Akanda Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
If a company has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

How to calculate return on assets

Return on assets = net income / total assets * 100%

Real example Akanda Corp

You need the following data to determine return on assets (ROA):

Income statement
Balance sheet

Net income MRQ (income statement) from Akanda Corp = -5,878
Total assets MRQ (balance sheet) from Akanda Corp = 36,508
-5,878 / 36,508 = 0.01 or 1.0%

ROA is an important ratio as it will tell you how effectively Akanda Corp is using its resources to generate profits. Example:

Bob and Kristin both sell ice cream in the summer. They both have an ice cream truck. The truck Bob owes cost him $20.000 and the truck Kristin owes cost her $1500. Over the summer, Bob earned $2000 and Kristin earned $200. To calculate the return on assets:

Bob: $2000 / $20.000 * 100% = 10%
Kristin: $200 / $1500 * 100% = 13.3%

This tells you Bob’s company is more valuable but Kristin's company is more efficient. Be aware that total assets can change over time. A transportation business will buy and sell trucks or planes all the time. Before using return on assets as a guideline, you have to know what the exact assets are. For a company that has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

1.1.3. Return on Equity

Shows how efficient Akanda Corp is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Akanda Corp to the Drug Manufacturers - Specialty & Generic industry mean.
1.5% Return on Equity means Akanda Corp generated $0.01 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Akanda Corp:

The MRQ is 1.5%. Using its investors money, the company is inefficient in making profit. -1
The TTM is 1.5%. Using its investors money, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	1.5%	TTM	1.5%	0.0%
TTM	1.5%	YOY	-	+1.5%
TTM	1.5%	5Y	0.5%	+1.0%
5Y	0.5%	10Y	0.5%	0.0%

Shows how efficient Akanda Corp is using its investors money to generate profit.

A publicly traded company (any company that issues shares to the public) is owned by its shareholders. Return on equity calculates the amount of profit for every $1 the shareholders invested.

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare Akanda Corp to the Drug Manufacturers - Specialty & Generic industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on equity in their analysis

To find out the owners/management's attitude toward their company. You typically want the owners/management to invest in the company and focus on generating profit. If not enough profit is generated (compared to the Drug Manufacturers - Specialty & Generic industry mean), the company might not be investing their money efficiently.

The three steps every investor should look at:

What is the current return on equity?
The current most recent quarter (MRQ) Return on Equity of Akanda Corp is 1.5%. This means Akanda Corp generated $0.01 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Drug Manufacturers - Specialty & Generic industry is .
What is the trend?
The trend is important because it shows you how Akanda Corp is performing over time. The most recent quarter might be important if Akanda Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Akanda Corp up to 10 years back (depending if Akanda Corp existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Does not include intangible assets (non physical assets like licences, computer software, etc.).
Stockholders equity and shareholders equity refer to the same thing.
Liabilities should not be more than three times return on equity.

How to calculate return on equity

Return on equity = net profit / shareholders equity * 100%

Real example of Akanda Corp

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Akanda Corp = -5,878
Shareholders equity (balance sheet) MRQ Akanda Corp = 21,649
-5,878 / 21,649 = 0.01 or 1.5%

A negative shareholder equity is a warning sign. It means the company has more liabilities than assets. It might also mean that the owners did not invest enough money or they are taking money out of the business.

1.2. Operating Efficiency of Akanda Corp.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Akanda Corp is operating .

Measures how much profit Akanda Corp makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
Above 15% is considered healthy but always compare Akanda Corp to the Drug Manufacturers - Specialty & Generic industry mean.
An Operating Margin of -770.2% means the company generated $-7.70 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Akanda Corp:

The MRQ is -770.2%. The company is operating very inefficient. -2
The TTM is -770.2%. The company is operating very inefficient. -2

Trends

Current period		Compared to		+/-
MRQ	-770.2%	TTM	-770.2%	0.0%
TTM	-770.2%	YOY	-16,494.2%	+15,724.1%
TTM	-770.2%	5Y	-32,683.9%	+31,913.7%
5Y	-32,683.9%	10Y	-32,683.9%	0.0%

Measures how efficient Akanda Corp is operating .

The more effecient a company creates products or provides services, the more profit it generates.

How to use operating margin

Higher is better
Above 15% is considered healthy but always compare Akanda Corp to the Drug Manufacturers - Specialty & Generic industry mean.
Can be very different between industries
Can be used to compare companies

Why do investors use operating margin in their analysis

To determine how much profit Akanda Corp is making from it’s core business.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Operating Margin of Akanda Corp is -770.2%. This means that Akanda Corp earned $-7.70 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Drug Manufacturers - Specialty & Generic industry is .
What is the trend?
The trend is important because it shows you how Akanda Corp is performing over time. The most recent quarter might be important if Akanda Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Akanda Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Can be calculated in different ways

How to calculate operating margin

Operating margin = operating earnings / total revenue

Real example of Akanda Corp

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Akanda Corp = -5,929
Total revenue MRQ Akanda Corp = 1,397
$-5,929 / $1,397 = -7.70 or -770.2%

Operating margin is used to calculate how much profit a company makes after variable costs of production but before paying interest and taxes. Some variable costs examples are wages, raw materials, packaging, and transaction fees. The amount of variable costs is different for each company and industry. In general, a higher operating margin is better as this implicates that a company is running efficiently.

For investors, a higher operating margin is a good sign. Although you should always look at operating margin in the long term. If operating margin is fluctuating over the years this might be a sign that things are not running efficiently enough. It’s a way to check how much profit a company is making from its core business.

Operation earnings can be calculated in multiple ways:

Operation earnings = EBIT - non operating income + non operating expense
Operation earnings = Gross profit - operating expense - depreciation and amortisation
Operation earnings = Total revenue - COGS (costs of goods sold) - indirect costs

1.2.2. Operating Ratio

Measures how efficient Akanda Corp is keeping operating costs low.

Below 1 is considered healthy (always compare to Drug Manufacturers - Specialty & Generic industry mean).
An Operation Ratio of 9.20 means that the operating costs are $9.20 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Akanda Corp:

The MRQ is 9.198. The company is inefficient in keeping operating costs low. -1
The TTM is 9.198. The company is inefficient in keeping operating costs low. -1

Trends

Current period		Compared to		+/-
MRQ	9.198	TTM	9.198	0.000
TTM	9.198	YOY	165.942	-156.744
TTM	9.198	5Y	328.005	-318.807
5Y	328.005	10Y	328.005	0.000

Measures how efficient Akanda Corp is keeping operating costs low.

If the operating ratio is below 1 that means the company is making money. The lower the operating ratio, the more efficient the company.

How to use operating ratio

Lower is better.
Below 1 is considered healthy but always compare Akanda Corp to the Drug Manufacturers - Specialty & Generic industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use operating ratio in their analysis

Shows if costs of creating products and or services is increasing or decreasing. The lower the operating ratio, the more efficient the company is creating products and services.

The three steps every investor should look at:

What is the current Operatin ratio?
The current most recent quarter (MRQ) Operating Ratio of Akanda Corp is 919.8%. This means that Akanda Corp earned $9.20 for each $1 in net sales in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the Drug Manufacturers - Specialty & Generic industry is .
What is the trend?
The trend is important because it shows you how Akanda Corp is performing over time. The most recent quarter might be important if Akanda Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Akanda Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
You need COGS to calculate operating ratio which is not always shown in the income statement.
Does not consider debt.

How to calculate operating ratio

Operating ratio = Operating expenses + COGS \ Net sales

Real life example Akanda Corp

You need the following data to determine operating ratio:

Income statement

COGS is not always specified on the income statement. If so you can use the following calculation:

(cost of revenue + total operating expenses) \ total revenue
(4,163 +3,164) \ 1,397 = 9.20

The operating ratio measures the efficiency of a company at keeping low costs while generating profits from sales. It compares the total operating expenses to the net amount of sales. The total operating expenses exists of:

COGS (materials, labour, rent of facility, repairs)
Operating expenses (legal fees, marketing, wages, rent, maintenance/repairs)

Operating expenses are all the costs the company makes that are not directly tied to the production of the service or product. Where COGS are costs that are directly tied to the production of a product or service.

Do note that COGS is not always available in the income statement. Some companies include COGS in the operating expenses while others list COGS separately. To make it even more confusing, COGS is also known as “costs of sales” and costs of sales is the same as costs of revenue.

The operating ratio tells you how efficient the company is creating its products or services while keeping prices low. In this case, a lower ratio is better. Higher or rising operating ratios might tell you that costs are rising while sales are not improving or staying the same.

1.3. Liquidity of Akanda Corp.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Akanda Corp is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Drug Manufacturers - Specialty & Generic industry mean).
A Current Ratio of 0.41 means the company has $0.41 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Akanda Corp:

The MRQ is 0.409. The company is unable to pay all its short-term debts. -2
The TTM is 0.409. The company is unable to pay all its short-term debts. -2

Trends

Current period		Compared to		+/-
MRQ	0.409	TTM	0.409	0.000
TTM	0.409	YOY	0.481	-0.073
TTM	0.409	5Y	0.312	+0.096
5Y	0.312	10Y	0.312	0.000

Measures if Akanda Corp is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to Drug Manufacturers - Specialty & Generic industry mean).
Can be very different between industries
Can be used to compare companies

Why do investors use current ratio in their analysis

Shows if the company can pay of short term debts if needed. A company that can't pay off it's short term debts might get in trouble if they have to pay off their short term debts for whatever reason. For example, markets can change due to global events like covid-19 or the war in Ukraine versus Russia. Because debts are always taken based on future income, it might become troublesome for Akanda Corp if something happens in the market that will cause sales to plummet.

The three steps every investor should look at:

What is the current current Ratio?
The current most recent quarter (MRQ) Current Ratio of Akanda Corp is 0.41. This means Akanda Corp has $0.41 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Drug Manufacturers - Specialty & Generic industry is .
What is the trend?
The trend is important because it shows you how Akanda Corp is performing over time. The most recent quarter might be important if Akanda Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Akanda Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Might be deluded.
Not all assets can always be quickly sold.
Can be manipulated by increasing or decreasing the assets and/or liabilities.

How to calculate current ratio

Current ratio = current assets \ current liabilities

Real life example Akanda Corp

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
3,245 \ 12,376) = 0.41

The current ratio measures if Akanda Corp is able to pay short-term debts (obligations). Short term in this context means all debt obligations that are about to expire within one year. The current ratio incorporates current liabilities and current assets. Current assets are all the assets a company has that are expected to be consumed or sold within standard business operations. You can find the current assets in the balance sheet. They consist of:

Inventory
Accounts receivable
Marketable securities
Prepaid expenses
Cash
Cash equivalents
liquid assets

The current liabilities are short term obligations that are due within one year. These consist of:

Short term debts
Dividends
Income taxes
Short-term debts
Accounts payable
Interest payments

The result shows an investor if Akanda Corp is able to pay all its short-term debts if they were due all at once. When the result of the above formula is below 1, then Akanda Corp does not have enough capital after selling all its assets to pay all short-term debts. If the ratio drops far below 1 that might indicate Akanda Corp is or will be in financial trouble anytime soon.

Although this gives an investor some clues, the current ratio may also be deluded. Because owning assets does not mean the company can easily sell them. Also, Accounts receivable may be quite old (they will probably never pay) which deludes the current ratio. As with all ratios, you should only compare them between the same industries and companies.

1.3.2. Quick Ratio

Measures if Akanda Corp is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Akanda Corp to the Drug Manufacturers - Specialty & Generic industry mean.
A Quick Ratio of 0.21 means the company can pay off $0.21 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Akanda Corp:

The MRQ is 0.213. The company is just not able to pay all its short-term debts with the most liquid assets. -1
The TTM is 0.213. The company is just not able to pay all its short-term debts with the most liquid assets. -1

Trends

Current period		Compared to		+/-
MRQ	0.213	TTM	0.213	0.000
TTM	0.213	YOY	0.452	-0.239
TTM	0.213	5Y	0.223	-0.010
5Y	0.223	10Y	0.223	0.000

Measures if Akanda Corp is able to pay off Short-term Debt but only using the most liquid assets.

How to use quick ratio

Higher is better.
Above 1 is considered healthy but always compare Akanda Corp to the Drug Manufacturers - Specialty & Generic industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use quick ratio in their analysis

Shows how fast Akanda Corp can pay off its short term debts. This shows if Akanda Corp can survive emergencies due to market changes or other reasons.

The three steps every investor should look at:

What is the current Quick Ratio?
The current most recent quarter (MRQ) quickRatio of Akanda Corp is 0.21. This means that Akanda Corp can pay off $0.21 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Drug Manufacturers - Specialty & Generic industry is .
What is the trend?
The trend is important because it shows you how Akanda Corp is performing over time. The most recent quarter might be important if Akanda Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Akanda Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Incorporates only most liquid assets.

How to calculate quick ratio

Quick ratio = cash and equivalents + marketable securities + accounts receivable / current liabilities

Real life example Akanda Corp

You need the following data to determine operating ratio:

Balance sheet
Quick ratio = cash and short-term investments + short-term investments + netReceivables / total current liabilities
MRQ quick ratio Akanda Corp: (713 + 270 +658) / 12,376 = 0.21

The quick ratio measures the same thing as the current ratio, only it uses the most liquid assets a company has. Meaning, the assets that can be sold for cash the easiest and fastest.

As the quick ratio only incorporates the most liquid assets, you should also check the current ratio which also includes less liquid assets. But they may be harder to sell.

1.4. Solvency of Akanda Corp.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Akanda Corp assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Akanda Corp to Drug Manufacturers - Specialty & Generic industry mean.
A Debt to Asset Ratio of 0.31 means that Akanda Corp assets are financed with 31.0% credit (debt) and the remaining percentage (100% - 31.0%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Akanda Corp:

The MRQ is 0.310. The company is very able to pay all its debts by selling its assets. +2
The TTM is 0.310. The company is very able to pay all its debts by selling its assets. +2

Trends

Current period		Compared to		+/-
MRQ	0.310	TTM	0.310	0.000
TTM	0.310	YOY	1.274	-0.963
TTM	0.310	5Y	1.254	-0.943
5Y	1.254	10Y	1.254	0.000

Measures how much % of Akanda Corp assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake Akanda Corp than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Akanda Corp to Drug Manufacturers - Specialty & Generic industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to asset ratio in their analysis

It shows how much debt the company used to finance its assets. If a company is almost entirely financed with debt that means the company might get into serious trouble when emergencies arise like a raise in interest.

The three steps every investor should look at:

What is the current debt to asset ratio?
The current most recent quarter (MRQ) Debt to Asset Ratio of Akanda Corp is 0.31. This means means that Akanda Corp is financed with 31.0% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the Drug Manufacturers - Specialty & Generic industry is .
What is the trend?
The trend is important because it shows you how Akanda Corp is performing over time. The most recent quarter might be important if Akanda Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Akanda Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Some companies can have higher debt to assets ratio's (for example, banks).
Debt to asset ratio should improve over the years.
If the debt to asset ratio is above 1, look at the industry mean and find out why Akanda Corp has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Akanda Corp

You need the following data to determine debt to asset ratio:

Balance sheet
Debt to asset ratio = total debt \ total assets
14,859 \ 36,508 = 31.0% or 0.31.

The debt to total assets ratio shows if the company is owned by creditors or shareholders. Or in other words, the total debt in relation to the total amount of assets. It shows how much debt the company used to finance its assets.

1.4.2. Debt to Equity Ratio

Measures if Akanda Corp is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Akanda Corp to the Drug Manufacturers - Specialty & Generic industry mean.
A Debt to Equity ratio of 45.0% means that company has $0.45 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Akanda Corp:

The MRQ is 0.450. The company is very able to pay all its debts with equity. +2
The TTM is 0.450. The company is very able to pay all its debts with equity. +2

Trends

Current period		Compared to		+/-
MRQ	0.450	TTM	0.450	0.000
TTM	0.450	YOY	-	+0.450
TTM	0.450	5Y	0.150	+0.300
5Y	0.150	10Y	0.150	0.000

Measures if Akanda Corp is able to pay off its debts by using shareholders equity.

How to use debt to equity ratio

Lower is better.
Below 2 is considered healthy (always use industry average).
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to shareholders equity ratio in their analysis

It shows how much debt the company uses to finance their operations. Shareholders equity is whats left over when you subtract total liabilities from total assets. It's another way to meassure how much of Akanda Corp is financed with debt or own resources.

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of Akanda Corp is 0.45. This means that Akanda Corp can pay off $0.45 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Drug Manufacturers - Specialty & Generic industry is .
What is the trend?
The trend is important because it shows you how Akanda Corp is performing over time. The most recent quarter might be important if Akanda Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Akanda Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Not all debt is equally risky (for example, short term risk is less risky).

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example Akanda Corp

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
14,859 \ 21,649 = 0.45 or 45.0%

Debt to equity measures the total debt versus the total shareholders equity. While the total debts to total assets ratio uses total assets, the debt to equity ratio looks at the total equity of shareholders. Where equity of shareholders are:

Common shares.
Preferred shares.
Retained earnings.

You can find the shareholders' equity in the balance sheet. A ratio between 0,5 and 1,5 is preferred. If the ratio is above 1.5, that would indicate creditors have significantly more stake (debt) in the company than the shareholders. In other words, the company is using a lot of debt to finance their operations.

Not all debt is equally risky. Meaning you can adjust the ratio by including or excluding certain amounts of debt. Short term debts are less risky because they have to be paid back within one year anyway. It’s much easier to plan one year ahead versus five or ten years.

2. Market Valuation of Akanda Corp

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Akanda Corp generates.

Above 15 is considered overpriced but always compare Akanda Corp to the Drug Manufacturers - Specialty & Generic industry mean.
A PE ratio of -0.15 means the investor is paying $-0.15 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Akanda Corp:

The EOD is -0.094. Based on the earnings, the company is expensive. -2
The MRQ is -0.152. Based on the earnings, the company is expensive. -2
The TTM is -0.152. Based on the earnings, the company is expensive. -2

Trends

Current period		Compared to		+/-
EOD	-0.094	MRQ	-0.152	+0.058
MRQ	-0.152	TTM	-0.152	0.000
TTM	-0.152	YOY	-	-0.152
TTM	-0.152	5Y	-0.051	-0.102
5Y	-0.051	10Y	-0.051	0.000

Measures how much money you pay for each share for every $1 in earnings Akanda Corp generates.

Indicates if the company’s shares are under or overvalued.

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare Akanda Corp to the Drug Manufacturers - Specialty & Generic industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use PE ratio in their analysis

The PE ratio tells investors the current sentiment in the market for that company. As with every stock, the stock price never shows the real valuation of a company but rather how the market thinks how much the stock is worth.

In other words, the current stock price also incorporates any future earnings or business opportunities in the future. The best example is the stock market crash in 2000. The PE ratio for any internet based company was going through the roof. Only based on the general assumption the internet and all associated businesses would thrive in the future. But this was based on nothing. A business still needs a good product or service to be able to survive. Instead, every investor bought any stock which did something related to the internet. Result: huge market crash.

Many investors were willing to pay premium prices and that was causing the PE ratio to rise. A high PE ratio is a warning sign that investors might be overvaluing a stock based on future earnings.

The three steps every investor should look at:

What is the current PE Ratio?
The current most recent quarter (MRQ) PE Ratio of Akanda Corp is -0.15. This means the investor is paying $-0.15 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Drug Manufacturers - Specialty & Generic industry is .
What is the trend?
The trend is important because it shows you how Akanda Corp is performing over time. The most recent quarter might be important if Akanda Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Akanda Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Some industries might have very high or very low PE ratios in general.
PE ratios can be high for several years, it does not mean a sudden collapse is imminent.
Earnings growth is not included in the PE ratio.

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example Akanda Corp

You need the following data to determine the PE ratio:

Balance sheet
Income statement

The PE ratio is a very commonly used ratio to determine the value of a company by comparing the current stock price relative to its earnings per share (EPS). Before we can calculate the PE ratio we need to know the EPS. EPS is calculated as follows:

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
0 \ 4,029 = EPS
PE ratio MRQ = -0.15

* The net profit minus preferred dividends can be found in the incomestatement as netIncomeApplicableToCommonShares.

The PE value helps investors to determine if the current stock price is under or overvalued. It also projects future growth.

In general, a higher PE ratio means that investors predict higher future growth. If the PE ratio is too high, then investors expect way too much future growth the company can never fulfil. This is most likely to happen in faster moving companies like tech companies or automobile companies like Tesla. These are hot and booming markets where investors expect much future growth driven by new technology (electric cars). When looking at the current MRQ (most recent quarter) PE ratio of Tesla ( jan. 2021) it's about 247 while the average in the industry is only 6. That might be a clue that Tesla is trading for way too high prices compared to their current assets and is more based on future growth.

2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Akanda Corp:

The EOD is -0.093. Based on how much money comes from the company's main activities, the company is expensive. -2
The MRQ is -0.151. Based on how much money comes from the company's main activities, the company is expensive. -2
The TTM is -0.151. Based on how much money comes from the company's main activities, the company is expensive. -2

Trends

Current period		Compared to		+/-
EOD	-0.093	MRQ	-0.151	+0.058
MRQ	-0.151	TTM	-0.151	0.000
TTM	-0.151	YOY	-	-0.151
TTM	-0.151	5Y	-0.050	-0.101
5Y	-0.050	10Y	-0.050	0.000

2. Book Value per Share

2.3. Price to Book Ratio

Measures if the stock price of Akanda Corp is to cheap or to expensive compared to its book value.

At or below 1 is considered healthy (always compare to Drug Manufacturers - Specialty & Generic industry mean).
A PB ratio of 0.07 means the investor is paying $0.07 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Akanda Corp:

The EOD is 0.041. Based on the equity, the company is cheap. +2
The MRQ is 0.066. Based on the equity, the company is cheap. +2
The TTM is 0.066. Based on the equity, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	0.041	MRQ	0.066	-0.025
MRQ	0.066	TTM	0.066	0.000
TTM	0.066	YOY	-	+0.066
TTM	0.066	5Y	0.022	+0.044
5Y	0.022	10Y	0.022	0.000

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Akanda Corp.

3.1. Institutions holding Akanda Corp

Institutions are holding 0.499% of the shares of Akanda Corp.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-09-30	Citadel Advisors Llc	0.5529	0	40759	40759	0
2023-12-31	Renaissance Technologies Corp	0.186	0	13711	13711	0
2023-12-31	Virtu Financial LLC	0.1774	0.0005	13077	-20981	-61.6037
2023-12-31	Susquehanna International Group, LLP	0	0	0	-16637	-100
2023-09-30	TWO SIGMA SECURITIES, LLC	0	0	0	-13997	-100
2023-12-31	UBS Group AG	0	0	0	-1547	-100
Total		0.9163	0.0005	67547	+1308	+1.9%

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Akanda Corp compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	2.439	2.439	0%	0.237	+928%	0.752	+225%	0.752	+225%
Book Value Per Share	-	-	2.255	2.255	0%	-0.185	+108%	0.549	+310%	0.549	+310%
Current Ratio	-	-	0.409	0.409	0%	0.481	-15%	0.312	+31%	0.312	+31%
Debt To Asset Ratio	-	-	0.310	0.310	0%	1.274	-76%	1.254	-75%	1.254	-75%
Debt To Equity Ratio	-	-	0.450	0.450	0%	-	+100%	0.150	+200%	0.150	+200%
Dividend Per Share	-	-	-	-	0%	-	0%	-	0%	-	0%
Eps	-	-	-0.977	-0.977	0%	-0.682	-30%	-0.617	-37%	-0.617	-37%
Free Cash Flow Per Share	-	-	-0.987	-0.987	0%	-0.598	-39%	-0.579	-41%	-0.579	-41%
Free Cash Flow To Equity Per Share	-	-	0.198	0.198	0%	0.344	-43%	0.159	+24%	0.159	+24%
Gross Profit Margin	-	-	1.000	1.000	0%	1.000	0%	1.000	0%	1.000	0%
Market Cap	1096394.570	-62%	1777614.700	1777614.700	0%	-	+100%	592538.233	+200%	592538.233	+200%
Net Profit Margin	-	-	0.152	0.152	0%	-222.638	+146996%	-550.394	+363247%	-550.394	+363247%
Operating Margin	-	-	-7.702	-7.702	0%	-164.942	+2042%	-326.839	+4144%	-326.839	+4144%
Operating Ratio	-	-	9.198	9.198	0%	165.942	-94%	328.005	-97%	328.005	-97%
Pb Ratio	0.041	-62%	0.066	0.066	0%	-	+100%	0.022	+200%	0.022	+200%
Pe Ratio	-0.094	+38%	-0.152	-0.152	0%	-	-100%	-0.051	-67%	-0.051	-67%
Price Per Share	0.092	-62%	0.149	0.149	0%	-	+100%	0.050	+200%	0.050	+200%
Price To Free Cash Flow Ratio	-0.093	+38%	-0.151	-0.151	0%	-	-100%	-0.050	-67%	-0.050	-67%
Price To Total Gains Ratio	0.038	-62%	0.061	0.061	0%	-	-	0.061	0%	0.061	0%
Quick Ratio	-	-	0.213	0.213	0%	0.452	-53%	0.223	-5%	0.223	-5%
Return On Assets	-	-	0.010	0.010	0%	-1.146	+11360%	-0.608	+6076%	-0.608	+6076%
Return On Equity	-	-	0.015	0.015	0%	-	+100%	0.005	+200%	0.005	+200%
Total Gains Per Share	-	-	2.439	2.439	0%	0.237	+928%	0.752	+225%	0.752	+225%
Usd Book Value	-	-	26900161.000	26900161.000	0%	-2201422.000	+108%	6555598.667	+310%	6555598.667	+310%
Usd Book Value Change Per Share	-	-	2.439	2.439	0%	0.237	+928%	0.752	+225%	0.752	+225%
Usd Book Value Per Share	-	-	2.255	2.255	0%	-0.185	+108%	0.549	+310%	0.549	+310%
Usd Dividend Per Share	-	-	-	-	0%	-	0%	-	0%	-	0%
Usd Eps	-	-	-0.977	-0.977	0%	-0.682	-30%	-0.617	-37%	-0.617	-37%
Usd Free Cash Flow	-	-	-11780342.000	-11780342.000	0%	-7133534.000	-39%	-6901827.000	-41%	-6901827.000	-41%
Usd Free Cash Flow Per Share	-	-	-0.987	-0.987	0%	-0.598	-39%	-0.579	-41%	-0.579	-41%
Usd Free Cash Flow To Equity Per Share	-	-	0.198	0.198	0%	0.344	-43%	0.159	+24%	0.159	+24%
Usd Market Cap	1096394.570	-62%	1777614.700	1777614.700	0%	-	+100%	592538.233	+200%	592538.233	+200%
Usd Price Per Share	0.092	-62%	0.149	0.149	0%	-	+100%	0.050	+200%	0.050	+200%
Usd Profit	-	-	397045.000	397045.000	0%	-9224132.000	+2423%	-3924352.667	+1088%	-3924352.667	+1088%
Usd Revenue	-	-	2619682.000	2619682.000	0%	41431.000	+6223%	887725.000	+195%	887725.000	+195%
Usd Total Gains Per Share	-	-	2.439	2.439	0%	0.237	+928%	0.752	+225%	0.752	+225%
	EOD	+2 -6	MRQ	TTM	+0 -0	YOY	+20 -12	5Y	+23 -9	10Y	+23 -9

4.2. Fundamental Score

Let's check the fundamental score of Akanda Corp based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	-0.094
Price to Book Ratio (EOD)	Between	0-1	0.041
Net Profit Margin (MRQ)	Greater than	0	0.152
Operating Margin (MRQ)	Greater than	0	-7.702
Quick Ratio (MRQ)	Greater than	1	0.213
Current Ratio (MRQ)	Greater than	1	0.409
Debt to Asset Ratio (MRQ)	Less than	1	0.310
Debt to Equity Ratio (MRQ)	Less than	1	0.450
Return on Equity (MRQ)	Greater than	0.15	0.015
Return on Assets (MRQ)	Greater than	0.05	0.010
Total			4/10 (40.0%)

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4.3. Technical Score

Let's check the technical score of Akanda Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Open	Greater than	Close	0.092
Total			1/1 (100.0%)

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Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in USD. All numbers in thousands.

Summary

Total Assets	38,997
Total Liabilities	12,097
Total Stockholder Equity	26,900

	As reported
Total Liabilities	12,097
Total Stockholder Equity	+ 26,900
Total Assets	= 38,997

Assets

Total Assets	38,997
Total Current Assets	3,821
Long-term Assets	35,176

Total Current Assets

Total Current Assets (as reported)	3,821
Cash And Cash Equivalents	229
Short-term Investments	264
Net Receivables	1,236
Inventory	1,057
Other Current Assets	809
Total Current Assets (calculated)	3,595
+/-	226

Long-term Assets

Long-term Assets (as reported)	35,176
Property Plant Equipment	12,484
Intangible Assets	22,209
Other Assets	484
Long-term Assets (calculated)	35,176
+/-	0

Liabilities & Shareholders' Equity

Total Current Liabilities	9,348
Long-term Liabilities	2,749
Total Stockholder Equity	26,900

Total Current Liabilities

Total Current Liabilities (as reported)	9,348
Short-term Debt	1,151
Short Long Term Debt	937
Accounts payable	7,140
Other Current Liabilities	1,057
Total Current Liabilities (calculated)	10,285
+/-	937

Long-term Liabilities

Long-term Liabilities (as reported)	2,749
Long term Debt	2,632
Capital Lease Obligations	331
Long-term Liabilities (calculated)	2,963
+/-	214

Total Stockholder Equity

Total Stockholder Equity (as reported)	26,900
Common Stock	49,435
Retained Earnings	-21,088
Other Stockholders Equity	-1,447
Total Stockholder Equity (calculated)	26,900
+/-	0

Other

Capital Stock	49,435
Cash and Short Term Investments	492
Common Stock Shares Outstanding	3,464
Liabilities and Stockholders Equity	38,997
Net Debt	3,671
Net Invested Capital	30,469
Net Tangible Assets	4,692
Net Working Capital	-5,527
Property Plant and Equipment Gross	13,608
Short Long Term Debt Total	3,900

Balance Sheet

Currency in USD. All numbers in thousands.

Trend

2022-12-31

2021-12-31

2020-12-31

2019-12-31

> Total Assets

0
4,275
8,046
38,997

38,997

8,046

4,275

> Total Current Assets

0
128
3,980
3,821

3,821

3,980

128

Cash And Cash Equivalents

0
14
3,495
229

229

3,495

Short-term Investments

0
0
0
264

264

Net Receivables

0
0
242
1,236

1,236

242

Other Current Assets

0
113
484,886,000
809

809

484,886,000

113

> Long-term Assets

0
4,147
4,066
35,176

35,176

4,066

4,147

Property Plant Equipment

0
3,826
3,807
12,484

12,484

3,807

3,826

Intangible Assets

0
321
259
22,209

22,209

259

321

Other Assets

0
0
0
484

484

> Total Liabilities

0
9,307
10,247
12,097

12,097

10,247

9,307

> Total Current Liabilities

0
2,731
8,268
9,348

9,348

8,268

2,731

Short-term Debt

0
2,548
7,588
1,151

1,151

7,588

2,548

Short Long Term Debt

0
2,264
7,148
937

937

7,148

2,264

Accounts payable

0
184
680
7,140

7,140

680

184

Other Current Liabilities

0
2,548
8,268,428,000
1,057

1,057

8,268,428,000

2,548

> Long-term Liabilities

0
6,575
1,979
2,749

2,749

1,979

6,575

> Total Stockholder Equity

0
-5,032
-2,201
26,900

26,900

-2,201

-5,032

Common Stock

0
2
7,256
49,435

49,435

7,256

Retained Earnings Total Equity

Accumulated Other Comprehensive Income

0
129
3,837
-1,447

-1,447

3,837

129

Capital Surplus

Treasury Stock

Other Stockholders Equity

0
129
11,092,467,000
-1,447

-1,447

11,092,467,000

129

Balance Sheet

Currency in USD. All numbers in thousands.

	2022-12-31	2021-12-31	2020-12-31	2019-12-31
Accounts Payable	7,140	680	184	0
Accumulated Amortization	0	0	0	0
Accumulated Depreciation	0	0	0	0
Accumulated Other Comprehensive Income	-1,447	3,837	129	0
Additional Paid In Capital	0	0	0	0
Capital Lease Obligations	331	2,419	2,882	0
Capital Stock	49,435	7,256	2	0
Capital Surpluse	0	0	0	0
Cash	229	3,495	14	0
Cash And Equivalents	0	0	0	0
Cash And Short Term Investments	492	3,495	14	0
Common Stock	49,435	7,256	2	0
Common Stock Shares Outstanding	3,464	2,890	2,890	2,890
Common Stock Total Equity	0	0	0	0
Current Deferred Revenue	0	-8,268,428,000	-2,548	0
Deferred Long Term Asset Charges	0	0	0	0
Deferred Long Term Liab	0	0	0	0
Earning Assets	0	0	0	0
Good Will	0	0	0	0
Intangible Assets	22,209	259	321	0
Inventory	1,057	-484,885,757	1	0
Liabilities And Stockholders Equity	38,997	8,046	4,275	0
Long Term Debt	2,632	0	3,977	0
Long Term Debt Total	0	0	0	0
Long Term Investments	0	0	0	0
Negative Goodwill	0	0	0	0
Net Debt	3,671	6,072	9,109	0
Net Invested Capital	30,469	4,947	1,209	0
Net Receivables	1,236	242	0	0
Net Tangible Assets	4,692	-2,461	-5,353	0
Net Working Capital	-5,527	-4,288	-2,604	0
Non Current Assets Total	35,176	4,066	4,147	0
Non Current Liabilities Other	0	0	0	0
Non Current Liabilities Total	2,749	1,979	6,575	0
Non Currrent Assets Other	-34,692	-4,066	-4,147	0
Noncontrolling Interest In Consolidated Entity	0	0	0	0
Other Assets	484	0	0	0
Other Current Assets	809	484,886,000	113	0
Other Current Liab	1,057	8,268,428,000	2,548	0
Other Liab	0	0	0	0
Other Stockholder Equity	-1,447	11,092,467,000	129	0
Preferred Stock Redeemable	0	0	0	0
Preferred Stock Total Equity	0	0	0	0
Property Plant And Equipment Gross	13,608	4,115	4,000	0
Property Plant And Equipment Net	12,484	3,807	3,826	0
Property Plant Equipment	12,484	3,807	3,826	0
Retained Earnings	-21,088	-13,294	-5,163	0
Retained Earnings Total Equity	0	0	0	0
Short Long Term Debt	937	7,148	2,264	0
Short Long Term Debt Total	3,900	9,567	9,123	0
Short Term Debt	1,151	7,588	2,548	0
Short Term Investments	264	0	0	0
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0
Total Assets	38,997	8,046	4,275	0
Total Current Assets	3,821	3,980	128	0
Total Current Liabilities	9,348	8,268	2,731	0
Total Liab	12,097	10,247	9,307	0
Total Permanent Equity	0	0	0	0
Total Stockholder Equity	26,900	-2,201	-5,032	0
Treasury Stock	0	0	0	0
Warrants	0	0	0	0

	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2020-12-31
Accounts Payable	8,460	7,140	4,491	7,140	4,491	680	680	665	184
Accumulated Amortization	0	0	0	0	0	0	0	0	0
Accumulated Depreciation	0	0	0	0	0	0	0	0	0
Accumulated Other Comprehensive Income	-1,574	-1,447	-1,013	0	-1,013	3,837	3,837	-12,910	129
Additional Paid In Capital	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	245	0	331	0	0	0	2,419	2,478	0
Capital Stock	50,188	0	49,435	0	47,101	0	7,256	42,122	0
Capital Surpluse	0	0	0	0	0	0	0	0	0
Cash	443	229	3,931	0	3,931	3,495	3,495	20,943	14
Cash And Equivalents	0	0	0	0	0	0	0	0	0
Cash And Short Term Investments	713	492	4,268	0	4,268	3,495	3,495	20,943	14
Common Stock	50,188	49,435	47,101	49,435	47,101	7,256	7,256	42,122	2
Common Stock Shares Outstanding	4,029	3,464	2,890	3,302	30,809	2,890	28,903	2,831	2,831
Common Stock Total Equity	0	0	0	0	0	0	0	0	0
Current Deferred Revenue	0	0	0	0	0	-8,268,428,000	-8,268,428,000	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0
Deferred Long Term Liab	0	0	0	0	0	0	0	0	0
Earning Assets	0	0	0	0	0	0	0	0	0
Good Will	0	0	0	0	0	0	0	0	0
Intangible Assets	20,973	22,209	23,446	0	23,446	259	259	0	321
Inventory	1,537	1,057	896	1,057	896	896	0	13	1
Liabilities And Stockholders Equity	36,508	38,997	43,482	0	43,482	8,046	8,046	25,489	4,275
Long Term Debt	2,463	0	2,632	0	2,570	0	0	974	0
Long Term Debt Total	0	0	0	0	0	0	0	0	0
Long Term Investments	0	0	0	0	0	0	0	0	0
Negative Goodwill	0	0	0	0	0	0	0	0	0
Net Debt	4,743	-229	-98	0	-98	6,072	6,072	-14,898	9,109
Net Invested Capital	26,590	0	30,469	0	38,473	0	4,947	22,346	0
Net Receivables	658	720	727	1,236	727	242	242	105	0
Net Tangible Assets	0	0	4,692	4,692	11,194	11,194	0	154	0
Net Working Capital	-9,131	-5,527	-5,527	-5,527	671	-4,288	-4,288	17,865	-2,604
Non Current Assets Total	33,262	34,692	36,540	0	36,540	4,066	4,066	4,319	4,147
Non Current Liabilities Other	0	0	0	0	0	0	0	0	0
Non Current Liabilities Total	2,483	2,632	2,570	0	2,570	1,979	1,979	3,406	6,575
Non Currrent Assets Other	506	-34,692	-36,055	0	0	0	0	281	0
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0
Other Assets	0	484	484	484	485	485	0	0	0
Other Current Assets	337	1,551	199	836	199	243	243	109	113
Other Current Liab	1,212	2,208	518	1,057	518	8,268,428,000	8,268,428,000	0	0
Other Liab	0	0	0	0	0	0	0	0	0
Other Stockholder Equity	0	-1,447	576	-1,447	576	11,092,467,000	11,092,467,000	0	0
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0
Property Plant And Equipment Gross	13,794	0	13,608	0	0	0	0	0	0
Property Plant And Equipment Net	11,783	12,484	13,094	0	13,094	3,807	3,807	4,038	3,826
Property Plant Equipment	0	0	12,484	12,484	12,608	12,608	0	0	0
Retained Earnings	-26,966	-21,088	-12,024	-21,088	-12,024	-13,294	-13,294	-10,433	-5,163
Retained Earnings Total Equity	0	0	0	0	0	0	0	0	0
Short Long Term Debt	2,479	0	937	0	1,263	0	7,148	2,594	0
Short Long Term Debt Total	5,186	3,900	3,833	0	3,833	9,567	9,567	6,045	9,123
Short Term Debt	2,704	1,151	1,263	0	1,263	7,588	7,588	2,639	2,548
Short Term Investments	270	264	337	0	337	0	0	0	0
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0
Total Assets	36,508	38,997	43,482	0	43,482	8,046	8,046	25,489	4,275
Total Current Assets	3,245	3,821	6,942	3,821	6,942	3,980	3,980	21,170	128
Total Current Liabilities	12,376	9,348	6,272	9,348	6,272	8,268	8,268	3,304	2,731
Total Liab	14,859	12,097	8,842	0	8,842	10,247	10,247	6,710	9,307
Total Permanent Equity	0	0	0	0	0	0	0	0	0
Total Stockholder Equity	21,649	26,900	34,640	0	34,640	-2,201	-2,201	18,779	-5,032
Treasury Stock	0	0	0	0	0	0	0	0	0
Warrants	0	0	0	0	0	0	0	0	0

Cash Flow

Currency in USD. All numbers in thousands.

	2022-12-31	2021-12-31	2020-12-31	2019-12-31
Begin Period Cash Flow	3,495	14	820	24
Capital Expenditures	311	576	439	686
Cash And Cash Equivalents Changes	0	0	0	0
Cash Flows Other Operating	0	0	0	0
Change In Cash	-3,240	3,482	-806	795
Change In Working Capital	2,183	-587	30	60
Change Receivables	0	0	0	0
Change To Account Receivables	-591	-242	-242	-242
Change To Inventory	502	-713	-1	-1
Change To Liabilities	2,915	0	141	42
Change To Netincome	-5,758	1,853	669	494
Change To Operating Activities	-643	367	-110	17
Depreciation	3,763	309	249	199
Dividends Paid	0	0	0	0
End Period Cash Flow	256	3,495	14	820
Exchange Rate Changes	0	0	0	0
Free Cash Flow	-11,780	-7,134	-1,792	-1,328
Investments	-4,219	-576	-432	-693
Issuance Of Capital Stock	14,933	5,054	1	0
Net Borrowings	-794	6,182	1,032	2,116
Net Income	-11,658	-8,131	-2,301	-1,395
Other Cashflows From Financing Activities	501	6,679	1,170	4,233
Other Cashflows From Investing Activities	-740	-740	7	-7
Other Non Cash Items	-6,317	1,853	669	494
Sale Purchase Of Stock	0	0	0	0
Stock Based Compensation	559	0	0	0
Total Cash From Financing Activities	14,139	11,236	1,033	2,116
Total Cash From Operating Activities	-11,469	-6,557	-1,352	-642
Total Cashflows From Investing Activities	-4,219	-576	-432	-693

	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2020-12-31
Begin Period Cash Flow	256	4,403	2,921	0	0	0	0	0	0
Capital Expenditures	2	48	263	24	132	132	0	0	0
Cash And Cash Equivalents Changes	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	0	0	0	0	0	0	0	0
Change In Cash	188	-4,147	1,482	-2,074	454	454	0	250	0
Change In Working Capital	1,962	2,785	-602	15	4,959	0	-22,154	20,469	0
Change Receivables	0	0	0	0	0	0	0	0	0
Change To Account Receivables	599	-473	-118	-236	-59	-59	0	0	0
Change To Inventory	467	502	251	251	251	251	0	0	0
Change To Liabilities	0	0	1,293	1,293	165	165	0	92	0
Change To Netincome	0	0	456	456	-3,335	-3,335	0	-5	0
Change To Operating Activities	0	0	85	85	-407	-407	0	0	0
Depreciation	2,150	2,087	1,511	1,041	754	754	0	0	0
Dividends Paid	0	0	0	0	0	0	0	0	0
End Period Cash Flow	443	256	4,403	-2,074	0	0	0	0	0
Exchange Rate Changes	0	0	0	0	0	0	0	0	0
Free Cash Flow	-913	-3,163	-8,617	-1,582	-4,309	-4,309	0	-9	0
Investments	0	0	0	0	-401	-401	0	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0
Net Borrowings	0	0	-252	-252	-145	-145	0	4	0
Net Income	-5,878	-9,389	1,153	-4,532	-1,297	-1,297	-2,861	-96	-6
Other Cashflows From Financing Activities	-60	-252	7,321	-252	0	0	0	0	0
Other Cashflows From Investing Activities	0	0	30	30	-400	-400	0	0	0
Other Non Cash Items	855	2,961	-7,605	1,933	0	0	0	0	0
Sale Purchase Of Stock	0	0	0	0	0	0	0	0	0
Stock Based Compensation	0	-313	1,376	-313	0	0	0	0	0
Total Cash From Financing Activities	1,215	-504	14,642	-252	7,321	7,321	0	254	0
Total Cash From Operating Activities	-911	-3,116	-8,354	-1,558	-4,177	-4,177	0	-9	0
Total Cashflows From Investing Activities	0	0	7	7	-2,116	-2,116	0	0	0

Income Statement

Currency in USD. All numbers in thousands.

	2022-12-31	2021-12-31	2020-12-31	2019-12-31
Cost Of Revenue	650	756	2	199
Depreciation And Amortization	3,765	336	259	199
Discontinued Operations	-3,422	-3,422	-3,422	-3,422
Ebit	-20,176	-6,834	-1,666	-901
Ebitda	-16,412	-6,498	-1,407	-702
Effect Of Accounting Charges	0	0	0	0
Extraordinary Items	0	0	0	0
Gross Profit	1,970	-715	0	-199
Income Before Tax	-8,235	-8,131	-2,301	-1,395
Income Tax Expense	-8,632	1,093	645	494
Interest Expense	115	1,093	645	494
Interest Income	1	27	10	0
Minority Interest	0	0	0	0
Net Income	397	-9,224	-2,946	-1,888
Net Income Applicable To Common Shares	-11,658	-8,131	-2,301	-1,395
Net Income From Continuing Ops	-8,235	-8,131	-2,301	-2,495
Net Interest Income	-114	-1,066	-635	-1,593
Non Operating Income Net Other	0	0	0	0
Non Recurring	0	0	0	0
Operating Income	-20,176	-6,834	-1,666	-901
Other Items	0	0	0	0
Other Operating Expenses	22,796	6,875	1,668	901
Preferred Stock And Other Adjustments	0	0	0	0
Reconciled Depreciation	3,763	309	249	199
Research Development	0	0	0	0
Selling And Marketing Expenses	0	0	0	0
Selling General Administrative	19,848	5,810	1,359	702
Tax Provision	0	0	0	0
Total Operating Expenses	23,446	6,119	1,666	901
Total Other Income Expense Net	11,941	-1,297	-635	-493
Total Revenue	2,620	41	2	0

	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2020-12-31
Cost Of Revenue	4,163	5,401	7,482	315	0	745	745	6	0
Depreciation And Amortization	2,150	2,087	1,511	997	0	79	79	257	76
Discontinued Operations	0	0	162	162	-1,874	-1,874	0	0	0
Ebit	-5,929	-10,441	-10,951	-4,629	-5,334	-2,639	-2,639	-4,049	-598
Ebitda	-3,779	-8,354	-9,440	-3,633	0	-2,561	-2,561	-3,792	-522
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0
Extraordinary Items	0	0	0	0	0	0	0	0	0
Gross Profit	-2,765	-2,854	-7,409	958	0	-721	-721	8	0
Income Before Tax	-5,878	-9,389	1,153	-4,694	0	-2,861	-2,861	-5,124	-6
Income Tax Expense	0	-325	3,747	0	0	-50	-50	-383	-591
Interest Expense	224	79	0	0	0	50	50	1,143	591
Interest Income	0	0	0	0	0	0	1	0	1
Minority Interest	0	0	0	0	0	0	0	0	0
Net Income	-5,878	-9,064	-2,594	-4,694	0	-2,811	-2,811	-4,740	585
Net Income Applicable To Common Shares	0	0	-4,532	-4,532	-1,297	-1,297	0	-96	0
Net Income From Continuing Ops	0	0	0	0	0	0	-2,861	0	-6
Net Interest Income	0	0	0	0	0	0	51	0	592
Non Operating Income Net Other	0	0	0	0	0	0	0	0	0
Non Recurring	0	0	0	0	0	0	0	0	0
Operating Income	-5,929	-10,441	-10,951	-4,629	0	-2,639	-2,639	-4,049	-598
Other Items	0	0	0	0	0	0	0	0	0
Other Operating Expenses	7,327	12,988	11,024	6,558	0	2,663	2,663	4,062	598
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0
Reconciled Depreciation	0	0	0	0	0	0	78	0	75
Research Development	0	0	0	0	0	0	0	0	0
Selling And Marketing Expenses	0	3,793	1,896	1,380	0	0	0	0	0
Selling General Administrative	0	3,793	1,646	3,793	0	1,841	1,841	3,825	465
Tax Provision	0	0	0	0	0	0	0	0	0
Total Operating Expenses	3,164	7,587	3,543	6,243	0	1,919	1,919	4,057	598
Total Other Income Expense Net	52	1,053	12,104	-65	0	-222	-222	-1,075	592
Total Revenue	1,397	2,547	73	1,273	0	24	24	13	0

Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue	2,620
Cost of Revenue	-650
Gross Profit	1,970	1,970

Operating Income (+$)
Gross Profit	1,970
Operating Expense	-23,446
Operating Income	-20,176	-21,476

Operating Expense (+$)
Research Development	0
Selling General Administrative	19,848
Selling And Marketing Expenses	0
Operating Expense	23,446	19,848

Net Interest Income (+$)
Interest Income	1
Interest Expense	-115
Other Finance Cost	-0
Net Interest Income	-114

Pretax Income (+$)
Operating Income	-20,176
Net Interest Income	-114
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	-8,235	-32,117 EBIT - interestExpense = -20,292 -8,235 512
Interest Expense	115
Earnings Before Interest and Taxes (EBIT)	-20,176	-8,120
Earnings Before Interest and Taxes (EBITDA)	-16,412

After tax Income (+$)
Income Before Tax	-8,235
Tax Provision	-0
Net Income From Continuing Ops	-8,235	-8,235
Net Income	397
Net Income Applicable To Common Shares	-11,658

Non-recurring Events
Discontinued Operations	-3,422
Extraordinary Items	0
Effect of Accounting Charges	0
Other Items	0
Non Recurring	0
Other Operating Expenses	22,796
Total Other Income/Expenses Net	11,941	114

Technical Analysis of Akanda Corp
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Akanda Corp. The general trend of Akanda Corp is UNKNOWN with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Akanda Corp's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator State	Bullish trend		Bearish trend
Overbought to neutral	Bullish pullback	=	Bearish reversal
Upper to lower neutral	Bullish correction	=	Bearish continuation
Nuetral to oversold	Oversold	=	Oversold
Oversold to neutral	Bullish reversal	=	Bearish correction
Lower to upper neutral	Bullish continuation	=	Bearish pullback
Nuetral to overbought	Overbought	=	Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.

Score

Let's take a look at the Support & Resistance of Akanda Corp.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 0.104 < 0.188 < 0.2601.

The bearish price targets are: .

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Akanda Corp Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

Moving averages are lagging trend indicators.
There are many types of moving averages.
Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Akanda Corp. The current mas is .

Directionalities and relatives.

Moving Average	Amount of candles	Trend	Price +/-	vs. MA 50	vs. MA 100	vs. MA 200

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

Simple moving average (SMA);
Exponential moving average (EMA);
Smoothed moving average (SMMA);
Linear weighted moving average (LWMA).

The moving average looks at a certain period of time and it calculates the price average. The various types of averages are using various formulas. Don’t worry, you don’t have to memorize any formula. All moving averages are calculated automatically by basically every charting software you use. But it’s good to know how moving averages are actually calculated.

Simple moving average

SMA is calculated by summing up the price closures of the selected period. The price is then divided by the selected period. For example, when using the 21 day moving average you sum up all the closing prices for each day and divide that by 21. The result is a line on the chart representing the average. Because it’s an average in the selected timeframe, the trend is always lagging. An moving average looks like this on the chart:

Source: Tradingview.com

In this case, the blue line represents a 21 day moving average. Because the average is based on results from the past, the indicator will always lag behind. For example, when price would suddenly go up, the moving average won't immediately follow.

All other moving averages discussed below look the same on the chart. The only difference is that the line will move in different directions based on the maths behind the used indicators and the amount of days used to determine the average.

Exponential moving average

The EMA gives more weight to the latest closing prices by giving them more value in the equation. EMA is calculated by adding a certain percentage to the latest closing prices:

EMA = (CLOSE (i) * P) + (EMA (i - 1) * (1 - P))

Where:

CLOSE (i) = current period close price.
EMA (i - 1) = value of the Moving Average of a preceding period.
P = the percentage of using the price value.

Smoothed moving average

A smoothed moving average is an exponential moving average with a long lookback period. Older prices are reduced in weight but are never left out in the calculation. Unlike SMA and EMA where prices are removed when they are beyond the selected period. SMMA is a combination of the SMA and EMA. The main advantage is that it smooths out fluctuations in price.

Linear weighted moving average

The LWMA gives the latest price the highest weight and then lineary scales down with each price before that. The result is that the LWMA reacts quicker to changes in price than the SMA or EMA. The formula:

LWMA = ((Pn∗W1)+(Pn−1∗W2)+(Pn−2∗W3)...) / ∑W

Where:

P = Price for the period.
n = The most recent period, n-1 is the prior period, and n-2 is two periods prior.
W = The assigned weight to each period, with the highest weight going first and then descending linearly based on the number of periods being used.

Moving averages are widely used by many traders. Which moving average you need depends on your trading strategy. Common practise is using a combination of multiple periods. For example, the EMA21, EMA50, EMA100 and EMA200. How does that look on a chart:

Source: Tradingview.com

The lowest (purple) line on the chart represents the EMA200 then following up the EMA100, EMA50 and EMA21.

You can use moving averages to determine a trend. The 200 moving average is mostly used as a baseline for determining the current trend:

When the 200 moving average is moving up it is considered a bullish trend.
When the 200 moving average is down it is considered a bearish trend.
When moving averages are flatlined, there is no clear trend so you should look for market structure, consolidation or trend reversals. Depending on how you want to trade.

This is not set in stone. Most trading strategies use multiple moving averages each with different settings. While one strategy might use the EMA20, the other uses the SMA21. There can be hundreds of different variations. Moving averages can also be used as support and resistance. More often than not, prices will bounce on moving averages.

2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

MACD is a lagging momentum indicator.
Uses two moving averages.
Can show buy or sell signals based on momentum.
Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Akanda Corp.

Akanda Corp Daily Moving Average Convergence/Divergence (MACD) Chart

2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.

Score

Let's take a look at the Directional Movement Index (DMI) of Akanda Corp. The current adx is .

Akanda Corp Daily Directional Movement Index (DMI) Chart

2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

Parabolic SAR (stop and reverse) is a lagging trend indicator.
Shows the current trend.
Shows potential entry signals.
Shows potential exit signals.
Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Akanda Corp.

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

Leading momentum indicator, meaning the signals are instant.
Ranges between 0 and 100.
Above 70 is considered overbought.
Below 30 is considered oversold.
Above or below 50 can also be used to determine price trend or support and resistance.
RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Akanda Corp.

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

The RSI measures the magnitude of recent price changes to determine if the asset is overbought or oversold.

Overbought (RSI above 70) means that the trading price is above its intrinsic value. This might indicate a sell or short signal.
Oversold (RSI below 30) means that the trading price is below its intrinsic value. This might indicate a buy or long signal.
RSI levels above or below 50 can also be used to determine a trend.
RSI divergence looks at a deviation between RSI and price movement.
Can be used in many different ways.

Original usage

Keep in mind that almost every indicator can be used in different ways. Even beyond the orginal settings. The relative strength index was developed by J. Welles Wilder. Wilder recommended a smoothing period of 14 days. That means a 14 day moving average (read more about this setting below). Another quote from the wikipedia page:

Wilders also considers the RSI 50 line as both support and resistance. I recommend to always read the original settings first before using an indicator. Many traders and websites are using their own version of the indicator which might be confusing.

How you can use RSI (Divergence)

First and foremost, there is no real right or wrong usage of the RSI indicator. You can use it in any way you want. Wilder recommends using a 14 day average but you can make it 50 or 100 if you like. Just keep in mind that using an indicator is just part of a larger trading plan. In other words, it’s not recommended to do any trading or investing based on a single indicator like the RSI.

The RSI is measured on a scale between 0 and 100. From 30 till 0 is considered oversold. and from 70 -100 is overbought. The RSI is a leading indicator, meaning the signals are instant.

I like to use the RSI as a trend\momentum indicator and not as an overbought or oversold indicator. I use the middle (50) as the baseline. When prices go above RSI 50 the trend is bullish and can indicate long positions. When below 50 it is considered bearish and can indicate short positions. Other traders use the 70 and 30 levels as overbought/oversold depending on the used strategy. The RSI indicator looks like this:

Source: Tradingview.com

The general concensus is that an RSI above 70 indicates that the security is overbought. In other words, the price this security is trading for is to high and should come down. So if RSI hits 70 or above this might indicate a sell signal or taking a short position (expecting the price will go down). Although RSI above 70 indicates the security is trading above it's fair value, that does not mean the price will go down.

Use tradingview to add indicators

I highly recommend using tradingview to add indicators to a chart. It has all the indicators you can think off and can add them for free (up to three indicators) to any chart you want. You can see that the levels 30 and 70 are marked with a dotted line. If you want you can remove these lines or give it another colour using Tradingview. You can also adjust the moving average used. You can also find RSI indicators made by the community that include other settings like RSI divergences.

Tradingview

Use Tradingview to (back)test your strategies and add hundreds of indicators created by the community.

View tool on Tradingview.com

RSI divergence

RSI is not only used to determine momentum but can also spot reversals or continuations of the trend. A reversal means that the trend is going in the opposite direction. From bullish to bearish or from bearish to bullish. These reversals can be spotted by looking at the price and the direction of the RSI. When the price is going up but the RSI is going down that means there is a divergence. This is also the case when RSI goes up but price is going down.

There are four types of divergences:

Regular bullish divergence
Regular bearish divergence
Hidden bullish divergence
Hidden bearish divergence

Regular bullish divergence

With a regular bullish divergence, the price is making lower highs but the oscillator (in this case the RSI) is making higher lows. A regular bullish divergence might indicate the end of the current trend. You’ll see regular bullish divergences mostly at the end of a downtrend. But that does not mean that every regular bullish divergence is a trend reversal.

Price is making lower highs
RSI is making higher lows
Indicating bullish reversal (price might go up)

Source: Tradingview.com

Regular bearish divergence

With a regular bearish divergence the price is making higher highs but the oscillator (in this case the RSI) is making lower highs. This might indicate the end of an uptrend.

Price is making higher highs
RSI is making lower highs
Indicating bearish reversal

Source: Tradingview.com

Hidden bullish divergence

With a hidden bullish divergence, the price is making a higher low while the RSI is making a lower low. This might indicate bullish trend continuation.

Price is making higher lows
RSI is making lower lows
Indicating bullish continuation

Source: Tradingview.com

As you have noticed, you can have multiple divergences in a row.

Hidden bearish divergence

With a hidden bearish divergence, price is making lower highs but RSI is making higher highs. This might indicate bearish trend continuation.

Price is making lower highs
RSI making higher highs
Indicating bearish continuation

Source: Tradingview.com

You can find many cheatsheets of RSI divergences online. Search for "RSI divergence overview" and you'll find a lot of examples. You can print these to learn the various types of divergences.

Akanda Corp Daily Relative Strength Index (RSI) Chart

3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

Leading momentum indicator, meaning the signals are instant.
Used to determine overbought and oversold areas much like the RSI.
Ranges between 0 and 100.
Above 80 is considered overbought.
Below 20 is considered oversold.
Consists of two lines named K and D.
K compares the highest high and lowest low on the selected price range.
The D line is a moving average of the K line.
Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Akanda Corp.

Akanda Corp Daily Stochastic Oscillator Chart

3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

Lagging or leading Momentum indicator
When the CCI is above zero, the price is above the historical average
When the CCI is below zero, the price is below the historical average
Used for spotting trends
- If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
- If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Akanda Corp.

Akanda Corp Daily Commodity Channel Index (CCI) Chart

3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

Lagging momentum indicator
Ranges between +100 and -100
Considered overbought above +50
Considered oversold below -50
It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Akanda Corp.

Akanda Corp Daily Chande Momentum Oscillator (CMO) Chart

3.5 Williams %R

Shows the current price relative to the highest high over the last 14 days.

Lagging momentum indicator
Ranging between 0 and -100
Above -20 is considered overbought
Below -80 is considered oversold
Is prone to give false signals

Score

Let's take a look at the Williams %R of Akanda Corp.

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

Lagging volatility indicator
Uses 3 bands: one upper, one lower and one in the middle
Works best when the middle band reflects an intermediate trend (MA20).
When the price is moving closer to the upper band, the market might be overbought
When the price is moving closer to the lower band, the market might be oversold

Score

Let's take a look at the Bollinger Bands of Akanda Corp.

4.2 Average True Range (ATR)

Measures market volatility

Leading volatility indicator
Can be used to determine stop-loss positions
Calculated by:
- Current high minus the current low
- Current high minus the previous close
- Current low minus the previous close
The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Akanda Corp.

Akanda Corp Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

Measures market volatility

Leading momentum indicator
Calculation:
- If the closing price is above the previous closing price: OBV = previous OBV + current volume
- If the closing price is below the previous closing price: OBV = previous OBV - current volume
- If the closing price is the same as the previous closing price than the OBV is the same.
Can be used to confirm price trends
Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Akanda Corp.

Akanda Corp Daily On-Balance Volume (OBV) Chart

5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

Lagging momentum indicator
Looks like RSI but uses volume as an extra metric (RSI only considers price)
Above 80 is considered overbought
Below 20 is considered oversold
Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Akanda Corp.

Akanda Corp Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for Akanda Corp.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

Date	Indicator	Signal
2023-11-30	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-01	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-04	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2023-12-05	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-06	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-11	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2023-12-12	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2023-12-14	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-15	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2023-12-18	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2023-12-20	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2023-12-22	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-26	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2023-12-28	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2023-12-29	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-03	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-05	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-08	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-09	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
2024-01-10	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-11	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-16	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-01-18	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-22	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-01-23	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-01-24	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-25	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-26	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-29	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-01-30	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-02-01	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-02	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2024-02-05	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-06	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-07	STOCH	LONG EXIT		The %K line crosses below the %D line.
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-02-08	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-09	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-02-12	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-02-13	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-14	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-02-15	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-20	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-21	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-27	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-29	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	MFI	SHORT ENTRY	LONG CLOSE	20 crossover to downside
2024-03-01	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-03-04	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-06	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-13	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-14	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-15	RSI	LONG ENTRY	SHORT CLOSE	30 crossover to upside
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-18	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2024-03-19	MFI	LONG ENTRY	SHORT CLOSE	20 crossover to upside
2024-03-20	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
2024-03-21	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-22	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2024-03-25	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-03-27	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-28	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2024-04-01	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-04-02	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-04-03	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2024-04-09	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-04-11	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2024-04-15	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-16	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-04-17	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-18	STOCH	LONG EXIT		The %K line crosses below the %D line.

6.3. Candlestick Patterns

Date	Candlestick Pattern

6.4. Technical Score

Let's check the technical score of Akanda Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Open	Greater than	Close	0.092
Total			1/1 (100.0%)

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Quick analysis of Akanda Corp (30 sec.)

What can you expect buying and holding a share of Akanda Corp? (30 sec.)

How much money do you get?

What is your share worth?

+ What do you gain per year?

For what price can you sell your share?

1. Valuation of Akanda Corp (5 min.)

$0.09

$2.25

2. Growth of Akanda Corp (5 min.)

Is Akanda Corp growing?

How much money is Akanda Corp making?

How much money comes from the company's main activities?

3. Financial Health of Akanda Corp (5 min.)

What can you expect buying and holding a share of Akanda Corp? (5 min.)

What can you expect buying and holding a share of Akanda Corp?

Speculation

Investing

How much money are you going to get?

When do you get the money?

How sure are you?

Linear %

Fundamentals of Akanda Corp

About Akanda Corp

Financial Health

Valuation

1.1. Profitability of Akanda Corp.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

1.1.2. Return on Assets

Trends

1.1.3. Return on Equity

Trends

1.2. Operating Efficiency of Akanda Corp.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

1.2.2. Operating Ratio

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1.3. Liquidity of Akanda Corp.

1.3. Liquidity

1.3.1. Current Ratio

Trends

1.3.2. Quick Ratio

Trends

1.4. Solvency of Akanda Corp.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

1.4.2. Debt to Equity Ratio

Trends

2. Market Valuation of Akanda Corp

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

2.2. Price To Free Cash Flow Ratio

Trends

2. Book Value per Share

2.3. Price to Book Ratio

Trends

Akanda Corp
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