Canna Consumer Goods Stock Buy Hold or Sell Recommendation
| CBMJ Stock | USD 0.13 0.01 7.14% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Canna Consumer Goods is 'Strong Sell'. The recommendation algorithm takes into account all of Canna Consumer's available fundamental, technical, and predictive indicators you will find on this site.
Check out Canna Consumer Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Canna and provide practical buy, sell, or hold advice based on investors' constraints. Canna Consumer Goods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Canna |
Execute Canna Consumer Buy or Sell Advice
The Canna recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Canna Consumer Goods. Macroaxis does not own or have any residual interests in Canna Consumer Goods or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Canna Consumer's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Canna Consumer Trading Alerts and Improvement Suggestions
| Canna Consumer Goods is way too risky over 90 days horizon | |
| Canna Consumer Goods has some characteristics of a very speculative penny stock | |
| Canna Consumer Goods appears to be risky and price may revert if volatility continues | |
| Canna Consumer Goods has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 60 K. Net Loss for the year was (121.39 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Canna Consumer generates negative cash flow from operations |
Canna Consumer Returns Distribution Density
The distribution of Canna Consumer's historical returns is an attempt to chart the uncertainty of Canna Consumer's future price movements. The chart of the probability distribution of Canna Consumer daily returns describes the distribution of returns around its average expected value. We use Canna Consumer Goods price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Canna Consumer returns is essential to provide solid investment advice for Canna Consumer.
| Mean Return | 0.66 | Value At Risk | -16.67 | Potential Upside | 27.27 | Standard Deviation | 11.77 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Canna Consumer historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Canna Consumer Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Canna Consumer or Industrials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Canna Consumer's price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Canna pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.47 | |
β | Beta against Dow Jones | 2.03 | |
σ | Overall volatility | 11.78 | |
Ir | Information ratio | 0.05 |
Canna Consumer Volatility Alert
Canna Consumer Goods is showing large volatility of returns over the selected time horizon. Canna Consumer Goods is a potential penny stock. Although Canna Consumer may be in fact a good instrument to invest, many penny pink sheets are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Canna Consumer Goods. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Canna instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Canna Consumer Fundamentals Vs Peers
Comparing Canna Consumer's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Canna Consumer's direct or indirect competition across all of the common fundamentals between Canna Consumer and the related equities. This way, we can detect undervalued stocks with similar characteristics as Canna Consumer or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Canna Consumer's fundamental indicators could also be used in its relative valuation, which is a method of valuing Canna Consumer by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Canna Consumer to competition |
| Fundamentals | Canna Consumer | Peer Average |
| Current Valuation | 163.88 K | 16.62 B |
| Shares Outstanding | 38.11 M | 571.82 M |
| Revenue | 60 K | 9.43 B |
| Net Income | (121.39 K) | 570.98 M |
| Cash Flow From Operations | (16.53 K) | 971.22 M |
| Number Of Employees | 3 | 18.84 K |
| Beta | -0.23 | -0.15 |
| Market Capitalization | 236.29 K | 19.03 B |
| Total Asset | 211.97 K | 29.47 B |
| Retained Earnings | (7.87 M) | 9.33 B |
| Current Liabilities | 1.26 M | 7.9 B |
| Z Score | -51.8 | 8.72 |
| Net Asset | 211.97 K |
Canna Consumer Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Canna . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 23.21 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 0.93 | |||
| Day Median Price | 0.14 | |||
| Day Typical Price | 0.13 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) |
About Canna Consumer Buy or Sell Advice
When is the right time to buy or sell Canna Consumer Goods? Buying financial instruments such as Canna Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Canna Consumer in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Crypto And Gold Thematic Idea Now
Crypto And Gold
Assets that cancel away each other volatility by providing diversification into gold investment combined with digital assets. The Crypto And Gold theme has 54 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Crypto And Gold Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Canna Pink Sheet
Canna Consumer financial ratios help investors to determine whether Canna Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Canna with respect to the benefits of owning Canna Consumer security.