Canna Global Stock Forecast - Accumulation Distribution
CNGLDelisted Stock | USD 11.41 0.40 3.63% |
Canna Stock Forecast is based on your current time horizon.
Canna |
Previous Accumulation Distribution | Accumulation Distribution | Trend |
27989.05 | 10295.81 |
Check Canna Global Volatility | Backtest Canna Global | Trend Details |
Canna Global Trading Date Momentum
On July 11 2024 Canna Global Acquisition was traded for 11.41 at the closing time. The top price for the day was 11.41 and the lowest listed price was 10.96 . The trading volume for the day was 1 M. The trading history from July 11, 2024 was a factor to the next trading day price upswing. The overall trading delta against the next closing price was 2.33% . The overall trading delta against the current closing price is 1.26% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
Compare Canna Global to competition
Canna Global Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Canna Global stock to make a market-neutral strategy. Peer analysis of Canna Global could also be used in its relative valuation, which is a method of valuing Canna Global by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Canna Global Market Strength Events
Market strength indicators help investors to evaluate how Canna Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Canna Global shares will generate the highest return on investment. By undertsting and applying Canna Global stock market strength indicators, traders can identify Canna Global Acquisition entry and exit signals to maximize returns.
Canna Global Risk Indicators
The analysis of Canna Global's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Canna Global's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting canna stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Mean Deviation | 0.39 | |||
Semi Deviation | 0.5848 | |||
Standard Deviation | 0.9709 | |||
Variance | 0.9427 | |||
Downside Variance | 2.12 | |||
Semi Variance | 0.342 | |||
Expected Short fall | (1.13) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Other Consideration for investing in Canna Stock
If you are still planning to invest in Canna Global Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Canna Global's history and understand the potential risks before investing.
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Transaction History View history of all your transactions and understand their impact on performance | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |