AKAN, NCM

Akanda Corp. (AKAN)

Price (as of October 24)

0.2531USD

Correlations

The correlation describes the statistical relationship between the value of two assets over time. Use this relationship to bet against an asset without shorting it or diversify your portfolio more effectively. Learn how you can use correlations to your advantage.

Lowest within Industry

Symbol Correlation

BMY

Bristol-Myers Squibb Company

-0.17

RGC

Regencell Bioscience Holdings Limited

-0.17

CLVR

Clever Leaves Holdings Inc.

-0.16

BIIB

Biogen Inc.

-0.16

HROW

Harrow Health, Inc.

-0.13

AMPH

Amphastar Pharmaceuticals, Inc.

-0.12

VTRS

Viatris Inc.

-0.12

PRPH

ProPhase Labs, Inc.

-0.12

GILD

Gilead Sciences, Inc.

-0.11

EVO

Evotec SE

-0.1

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Highest within Industry

Symbol Correlation

KALA

Kala Pharmaceuticals, Inc.

0.2

ACOR

Acorda Therapeutics, Inc.

0.19

ALIM

Alimera Sciences, Inc.

0.18

HCM

HUTCHMED (China) Limited

0.17

ACRX

AcelRx Pharmaceuticals, Inc.

0.17

HEXO

HEXO Corp.

0.15

PAHC

Phibro Animal Health Corporation

0.15

SXTC

China SXT Pharmaceuticals, Inc.

0.15

ACB

Aurora Cannabis Inc.

0.14

TLRY

Tilray Brands, Inc.

0.14

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Profile

Sector:
Healthcare
Industry:
Drug Manufacturers

Akanda Corp., through its subsidiaries, engages in the cultivation, manufacture, and distribution of cannabis products in the United Kingdom, Lesotho, and internationally. It intends to supply cannabis based medical and wellness products. The company was incorporated in 2021 and is headquartered in New Romney, the United Kingdom.