Choom Holdings Stock Price on October 16, 2024

If you're considering investing in Choom Pink Sheet, it is important to understand the factors that can impact its price. Choom Holdings secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of risk over the last 3 months. Choom Holdings exposes zero different technical indicators, which can help you to evaluate volatility embedded in its price movement.
  
Choom Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.126

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Estimated Market Risk

 12.6
  actual daily
96
96% of assets are less volatile

Expected Return

 -1.59
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Choom Holdings 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 Choom Holdings by adding Choom Holdings to a well-diversified portfolio.

Choom Holdings Valuation on October 16, 2024

It is possible to determine the worth of Choom Holdings on a given historical date. On October 16, 2024 Choom was worth 0.0 at the beginning of the trading date compared to the closed value of 0.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Choom Holdings pink sheet. Still, in general, we apply an absolute valuation method to find Choom Holdings' 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 Choom Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Choom Holdings' related companies.
 Open High Low Close Volume
  0.00    0.00    0.00    0.00    1.00  
10/16/2024
  0.00    0.00    0.00    0.00    1.00  
  0.00    0.00    0.00    0.00    2,851  
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Open Value
0.0
0.0
Closing Value
37.80
Upside

Choom Holdings Trading Date Momentum on October 16, 2024

On October 17 2024 Choom Holdings was traded for  0.00  at the closing time. The highest daily price throughout the period was 0.00  and the lowest price was  0.00 . The daily volume was 2.9 K. The net trading volume on 10/17/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% .

Choom Holdings Fundamentals Correlations and Trends

By evaluating Choom Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Choom Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Choom financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Choom Holdings Pink Sheet history

Choom Holdings 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 Choom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Choom Holdings 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 Choom Holdings stock prices may prove useful in developing a viable investing in Choom Holdings
Choom Holdings Inc., together with its subsidiaries, engages in the retail of cannabis. Choom Holdings Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada. Choom Holdings operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 40 people.

Choom Holdings Pink Sheet Technical Analysis

Choom Holdings 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 Choom Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Choom Holdings 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

Choom Holdings Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

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Choom Holdings December 2, 2024 Market Strength

Market strength indicators help investors to evaluate how Choom 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 Choom Holdings shares will generate the highest return on investment. By undertsting and applying Choom Holdings pink sheet market strength indicators, traders can identify Choom Holdings entry and exit signals to maximize returns

Complementary Tools for Choom Pink Sheet analysis

When running Choom Holdings' price analysis, check to measure Choom Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Choom Holdings is operating at the current time. Most of Choom Holdings' value examination focuses on studying past and present price action to predict the probability of Choom Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Choom Holdings' price. Additionally, you may evaluate how the addition of Choom Holdings to your portfolios can decrease your overall portfolio volatility.
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