CannTrust Holdings Pink Sheet Forecast - Price Action Indicator
| CNTTQDelisted Stock | USD 0.0001 0.00 0.00% |
CannTrust Pink Sheet Forecast is based on your current time horizon.
CannTrust |
| Check CannTrust Holdings Volatility | Backtest CannTrust Holdings | Information Ratio |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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| Risk & Return | Correlation |
CannTrust Holdings Market Strength Events
Market strength indicators help investors to evaluate how CannTrust Holdings pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CannTrust Holdings shares will generate the highest return on investment. By undertsting and applying CannTrust Holdings pink sheet market strength indicators, traders can identify CannTrust Holdings entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1.0E-4 | |||
| Day Typical Price | 1.0E-4 |
CannTrust Holdings Risk Indicators
The analysis of CannTrust Holdings' 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 CannTrust Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting canntrust pink sheet 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 | 3.96 | |||
| Standard Deviation | 15.94 | |||
| Variance | 254.08 |
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.
Pair Trading with CannTrust Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CannTrust Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CannTrust Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against CannTrust Pink Sheet
The ability to find closely correlated positions to CannTrust Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CannTrust Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CannTrust Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CannTrust Holdings to buy it.
The correlation of CannTrust Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CannTrust Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CannTrust Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CannTrust Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check 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 estimate. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in CannTrust Pink Sheet
If you are still planning to invest in CannTrust Holdings 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 CannTrust Holdings' history and understand the potential risks before investing.
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