Cannabis Sativa Stock Market Value
| CBDS Stock | USD 0.06 0.01 28.89% |
| Symbol | Cannabis |
Cannabis Sativa 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Cannabis Sativa's otc stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Cannabis Sativa.
| 12/08/2023 |
| 12/02/2024 |
If you would invest 0.00 in Cannabis Sativa on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding Cannabis Sativa or generate 0.0% return on investment in Cannabis Sativa over 360 days. Cannabis Sativa is related to or competes with M3, Healthcare Integrated, Cogstate, ICoreConnect Common, Mitesco, Zhongchao, and Healthcare Triangle. Cannabis Sativa, Inc., through its subsidiaries, primarily provides telemedicine online referral services for customers ... More
Cannabis Sativa Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Cannabis Sativa's otc stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Cannabis Sativa upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 14.96 | |||
| Information Ratio | 0.2609 | |||
| Maximum Drawdown | 85.39 | |||
| Value At Risk | (21.21) | |||
| Potential Upside | 46.0 |
Cannabis Sativa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cannabis Sativa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cannabis Sativa's standard deviation. In reality, there are many statistical measures that can use Cannabis Sativa historical prices to predict the future Cannabis Sativa's volatility.| Risk Adjusted Performance | 0.2142 | |||
| Jensen Alpha | 5.24 | |||
| Total Risk Alpha | 2.06 | |||
| Sortino Ratio | 0.3583 | |||
| Treynor Ratio | 2.81 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cannabis Sativa's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Cannabis Sativa Backtested Returns
Cannabis Sativa is out of control given 3 months investment horizon. Cannabis Sativa secures Sharpe Ratio (or Efficiency) of 0.28, which signifies that the company had a 0.28% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 5.76% are justified by taking the suggested risk. Use Cannabis Sativa Mean Deviation of 15.95, downside deviation of 14.96, and Risk Adjusted Performance of 0.2142 to evaluate company specific risk that cannot be diversified away. Cannabis Sativa holds a performance score of 21 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.95, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Cannabis Sativa will likely underperform. Use Cannabis Sativa treynor ratio and the relationship between the semi variance and price action indicator , to analyze future returns on Cannabis Sativa.
Auto-correlation | -0.25 |
Weak reverse predictability
Cannabis Sativa has weak reverse predictability. Overlapping area represents the amount of predictability between Cannabis Sativa time series from 8th of December 2023 to 5th of June 2024 and 5th of June 2024 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cannabis Sativa price movement. The serial correlation of -0.25 indicates that over 25.0% of current Cannabis Sativa price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cannabis Sativa lagged returns against current returns
Autocorrelation, which is Cannabis Sativa otc stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Cannabis Sativa's otc stock expected returns. We can calculate the autocorrelation of Cannabis Sativa returns to help us make a trade decision. For example, suppose you find that Cannabis Sativa has exhibited high autocorrelation historically, and you observe that the otc stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Cannabis Sativa regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Cannabis Sativa otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cannabis Sativa otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cannabis Sativa otc stock over time.
Current vs Lagged Prices |
| Timeline |
Cannabis Sativa Lagged Returns
When evaluating Cannabis Sativa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cannabis Sativa otc stock have on its future price. Cannabis Sativa autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Cannabis Sativa autocorrelation shows the relationship between Cannabis Sativa otc stock current value and its past values and can show if there is a momentum factor associated with investing in Cannabis Sativa.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Cannabis OTC Stock Analysis
When running Cannabis Sativa's price analysis, check to measure Cannabis Sativa's 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 Cannabis Sativa is operating at the current time. Most of Cannabis Sativa's value examination focuses on studying past and present price action to predict the probability of Cannabis Sativa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cannabis Sativa's price. Additionally, you may evaluate how the addition of Cannabis Sativa to your portfolios can decrease your overall portfolio volatility.