Cannlabs Stock Price on December 15, 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 sixteen technical indicators for Cannlabs, which you can use to evaluate the volatility of the firm. Please confirm Cannlabs' Risk Adjusted Performance of 0.0141, mean deviation of 6.05, and Standard Deviation of 22.62 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.

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 15, 2024

It is possible to determine the worth of Cannlabs on a given historical date. On December 15, 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  
12/15/2024
  0.0001    0.0001    0.0001    0.0001    0.00  
Backtest Cannlabs  |  Cannlabs History  |  Cannlabs Valuation   Previous
Open Value
1.0E-4
1.0E-4
Closing Value
67.87
Upside

Cannlabs Trading Date Momentum on December 15, 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.
A focus of Cannlabs technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cannlabs trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Cannlabs Period Price Range

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December 15, 2024
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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.

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.