Cannlabs Stock Price on December 13, 2024
| CANL Stock | USD 0.0001 0.00 0.00% |
If you're considering investing in Cannlabs Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Cannlabs stands at 0.0001, as last reported on the 15th of December 2024, with the highest price reaching 0.0001 and the lowest price hitting 0.0001 during the day. As of now, Cannlabs Pink Sheet is out of control. Cannlabs secures Sharpe Ratio (or Efficiency) of 0.0061, which signifies that the company had a 0.0061% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Cannlabs, which you can use to evaluate the volatility of the firm. Please confirm Cannlabs' Mean Deviation of 6.05, standard deviation of 22.62, and Risk Adjusted Performance of 0.0141 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%.
Cannlabs Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Cannlabs |
Sharpe Ratio = 0.0061
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Estimated Market Risk
| 22.62 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cannlabs is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Cannlabs by adding Cannlabs to a well-diversified portfolio.
Cannlabs Valuation on December 13, 2024
It is possible to determine the worth of Cannlabs on a given historical date. On December 13, 2024 Cannlabs was worth 1.0E-4 at the beginning of the trading date compared to the closed value of 1.0E-4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cannlabs pink sheet. Still, in general, we apply an absolute valuation method to find Cannlabs' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Cannlabs where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cannlabs' related companies.
| Open | High | Low | Close | Volume | |
| 0.0001 | 0.0001 | 0.0001 | 0.0001 | 1.00 | |
12/13/2024 | 0.0001 | 0.0001 | 0.0001 | 0.0001 | 1.00 |
| 0.0001 | 0.0001 | 0.0001 | 0.0001 | 0.00 |
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Cannlabs Trading Date Momentum on December 13, 2024
| On December 15 2024 Cannlabs was traded for 0.0001 at the closing time. The top price for the day was 0.0001 and the lowest listed price was 0.0001 . There was no trading activity during the period 0.0. Lack of trading volume on December 15, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.00% . |
Cannlabs Fundamentals Correlations and Trends
By evaluating Cannlabs' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cannlabs' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cannlabs financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cannlabs Pink Sheet history
Cannlabs investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Cannlabs is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cannlabs will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Cannlabs stock prices may prove useful in developing a viable investing in Cannlabs
CannLabs, Inc. provides cannabis testing laboratory services in the United States. The company also offers dataanalytics and consulting, as well as education services. Cannlabs operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 37 people.
Cannlabs Pink Sheet Technical Analysis
Cannlabs technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
Price Boundaries
Cannlabs Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Cannlabs cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Cannlabs December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Cannlabs 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 Cannlabs shares will generate the highest return on investment. By undertsting and applying Cannlabs pink sheet market strength indicators, traders can identify Cannlabs entry and exit signals to maximize returns
Cannlabs Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cannlabs' price direction in advance. Along with the technical and fundamental analysis of Cannlabs Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cannlabs to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0141 | |||
| Jensen Alpha | 0.5359 | |||
| Total Risk Alpha | (2.68) | |||
| Treynor Ratio | (0.03) |
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Other Information on Investing in Cannlabs Pink Sheet
Cannlabs financial ratios help investors to determine whether Cannlabs 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 Cannlabs with respect to the benefits of owning Cannlabs security.