3 Sixty Risk Solutions Ltd. (CSE: SAFE)
3 Sixty Risk Solutions is listed on the Canadian Security Exchange under the ticker SAFE and for good reason. This is indeed a “safe” stock to consider holding in your account. Not necessarily safe in the same regards as other investments vehicles such as bonds and the money market, but rather in the literal sense that the aspect of safety that 3 sixty brings to the cannabis industry. Per 3 Sixty’s website, they define their mission “To cultivate a relationship of trust, honesty, and openness with our clientele and experienced partners that is fostered through a mutual commitment to excellence within the security services industry.” As it relates to the cannabis space, 3 Sixty provides security services to some of the bigger names in the space as you can read about in more detail within our magazine. One other aspect of this company being labeled as a safe play is that they also provide services in the infrastructure, non-core policing, oil, gas and mining sectors, thus some form of diversification you may have been searching for.
We are going to kick off our safety training by adding another tool to your kit. Today we will introduce the
relative volatility index (RVI). The RVI is an indicator that measures volatility and in a way is similar to the RSI we have previously discussed but it does differ in its calculations. I won’t bore you with the math and jump into how we can use this to help us technically on the chart. The RVI can range from 0 to 100. When it is
174