Canna Consumer Goods Stock Price on October 22, 2024
| CBMJ Stock | USD 0.13 0.01 7.14% |
If you're considering investing in Canna Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Canna Consumer stands at 0.13, as last reported on the 15th of December 2024, with the highest price reaching 0.14 and the lowest price hitting 0.13 during the day. Canna Consumer appears to be out of control, given 3 months investment horizon. Canna Consumer Goods secures Sharpe Ratio (or Efficiency) of 0.0776, which signifies that the company had a 0.0776% return per unit of risk over the last 3 months. By analyzing Canna Consumer's technical indicators, you can evaluate if the expected return of 0.91% is justified by implied risk. Please makes use of Canna Consumer's Downside Deviation of 14.04, mean deviation of 7.82, and Risk Adjusted Performance of 0.0501 to double-check if our risk estimates are consistent with your expectations.
Canna Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Canna |
Sharpe Ratio = 0.0776
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Estimated Market Risk
| 11.69 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.91 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Canna Consumer is performing at about 6% of its full potential. 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 Canna Consumer by adding it to a well-diversified portfolio.
Canna Consumer Valuation on October 22, 2024
It is possible to determine the worth of Canna Consumer on a given historical date. On October 22, 2024 Canna was worth 0.14 at the beginning of the trading date compared to the closed value of 0.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canna Consumer pink sheet. Still, in general, we apply an absolute valuation method to find Canna Consumer's 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 Canna Consumer where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canna Consumer's related companies.
| Open | High | Low | Close | Volume | |
| 0.13 | 0.14 | 0.13 | 0.14 | 3,132 | |
10/22/2024 | 0.14 | 0.15 | 0.13 | 0.13 | 40,350 |
| 0.15 | 0.16 | 0.14 | 0.16 | 5,335 |
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Canna Consumer Trading Date Momentum on October 22, 2024
| On October 23 2024 Canna Consumer Goods was traded for 0.16 at the closing time. The top price for the day was 0.16 and the lowest listed price was 0.14 . The trading volume for the day was 5.3 K. The trading history from October 23, 2024 was a factor to the next trading day price surge. The overall trading delta against the next closing price was 23.08% . The overall trading delta against the current closing price is 15.38% . |
Canna Consumer Goods Fundamentals Correlations and Trends
By evaluating Canna Consumer's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Canna Consumer's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Canna financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Canna Consumer Pink Sheet history
Canna Consumer 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 Canna is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Canna Consumer Goods 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 Canna Consumer stock prices may prove useful in developing a viable investing in Canna Consumer
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Canna Consumer Pink Sheet Technical Analysis
Canna Consumer 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
Canna Consumer Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Canna Consumer Goods 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.
Canna Consumer December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Canna Consumer 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 Canna Consumer shares will generate the highest return on investment. By undertsting and applying Canna Consumer pink sheet market strength indicators, traders can identify Canna Consumer Goods entry and exit signals to maximize returns
Canna Consumer Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Canna Consumer's price direction in advance. Along with the technical and fundamental analysis of Canna Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Canna 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 | 0.0501 | |||
| Jensen Alpha | 0.4673 | |||
| Total Risk Alpha | (0.81) | |||
| Sortino Ratio | 0.0399 | |||
| Treynor Ratio | 0.3203 |
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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.