Cryomass Technologies Stock Price on May 2, 2023

CRYM Stock  USD 0.02  0.0003  1.89%   
If you're considering investing in Cryomass OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cryomass Technologies stands at 0.02, as last reported on the 16th of December 2024, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. Cryomass Technologies appears to be out of control, given 3 months investment horizon. Cryomass Technologies secures Sharpe Ratio (or Efficiency) of 0.0343, which signifies that the company had a 0.0343% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Cryomass Technologies, which you can use to evaluate the volatility of the firm. Please makes use of Cryomass Technologies' Mean Deviation of 8.9, risk adjusted performance of 0.0185, and Downside Deviation of 11.21 to double-check if our risk estimates are consistent with your expectations.
  
Cryomass OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0343

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Estimated Market Risk

 14.16
  actual daily
96
96% of assets are less volatile

Expected Return

 0.49
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Cryomass Technologies is performing at about 2% 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 Cryomass Technologies by adding it to a well-diversified portfolio.

Cryomass Technologies Valuation on May 2, 2023

It is possible to determine the worth of Cryomass Technologies on a given historical date. On May 2, 2023 Cryomass was worth 0.0815 at the beginning of the trading date compared to the closed value of 0.0851. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cryomass Technologies otc stock. Still, in general, we apply an absolute valuation method to find Cryomass Technologies' 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 Cryomass Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cryomass Technologies' related companies.
 Open High Low Close Volume
  0.09    0.09    0.08    0.09    274,721  
05/02/2023
  0.08    0.09    0.08    0.09    102,874  
  0.08    0.10    0.08    0.1    218,555  
Backtest Cryomass Technologies  |  Cryomass Technologies History  |  Cryomass Technologies Valuation   PreviousNext  
Open Value
0.0815
0.0009
Downside
0.0851
Closing Value
42.57
Upside

Cryomass Technologies Trading Date Momentum on May 2, 2023

On May 03 2023 Cryomass Technologies was traded for  0.1  at the closing time. The top price for the day was 0.10  and the lowest listed price was  0.08 . The trading volume for the day was 218.6 K. The trading history from May 3, 2023 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 17.39% . The overall trading delta against the current closing price is 6.93% .

Cryomass Technologies Fundamentals Correlations and Trends

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

About Cryomass Technologies OTC Stock history

Cryomass Technologies 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 Cryomass is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cryomass Technologies 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 Cryomass Technologies stock prices may prove useful in developing a viable investing in Cryomass Technologies
Cryomass Technologies Inc. designs, sells, and commercializes cryo-mechanical system for the handling of harvested hemp, cannabis, and other high-value plants. Cryomass Technologies Inc. was incorporated in 2011 and is headquartered in Denver, Colorado. Cryomass Technologies operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange.

Cryomass Technologies OTC Stock Technical Analysis

Cryomass Technologies technical otc stock 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, otc market cycles, or different charting patterns.
A focus of Cryomass Technologies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cryomass Technologies 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

Cryomass Technologies Period Price Range

Low
December 16, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Cryomass Technologies cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.

Cryomass Technologies December 16, 2024 Market Strength

Market strength indicators help investors to evaluate how Cryomass Technologies otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cryomass Technologies shares will generate the highest return on investment. By undertsting and applying Cryomass Technologies otc stock market strength indicators, traders can identify Cryomass Technologies entry and exit signals to maximize returns

Cryomass Technologies Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cryomass Technologies' price direction in advance. Along with the technical and fundamental analysis of Cryomass OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cryomass 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 Cryomass OTC Stock

Cryomass Technologies financial ratios help investors to determine whether Cryomass OTC Stock 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 Cryomass with respect to the benefits of owning Cryomass Technologies security.