Curative Biosciences Stock Market Value
| CBDX Stock | USD 0.0001 0.00 0.00% |
| Symbol | Curative |
Curative Biosciences '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 Curative Biosciences' pink sheet 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 Curative Biosciences.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in Curative Biosciences on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding Curative Biosciences or generate 0.0% return on investment in Curative Biosciences over 30 days. Curative Biosciences, Inc. focuses on developing and commercializing therapeutics using hemp-derived Cannabidiol More
Curative Biosciences 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 Curative Biosciences' pink sheet 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 Curative Biosciences upside and downside potential and time the market with a certain degree of confidence.
Curative Biosciences Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Curative Biosciences' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Curative Biosciences' standard deviation. In reality, there are many statistical measures that can use Curative Biosciences historical prices to predict the future Curative Biosciences' volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Curative Biosciences' 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.
Curative Biosciences Backtested Returns
We have found three technical indicators for Curative Biosciences, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Curative Biosciences are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Curative Biosciences has no correlation between past and present. Overlapping area represents the amount of predictability between Curative Biosciences time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st 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 Curative Biosciences price movement. The serial correlation of 0.0 indicates that just 0.0% of current Curative Biosciences price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Curative Biosciences lagged returns against current returns
Autocorrelation, which is Curative Biosciences pink sheet'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 Curative Biosciences' pink sheet expected returns. We can calculate the autocorrelation of Curative Biosciences returns to help us make a trade decision. For example, suppose you find that Curative Biosciences has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Curative Biosciences 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 Curative Biosciences pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Curative Biosciences pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Curative Biosciences pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Curative Biosciences Lagged Returns
When evaluating Curative Biosciences' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Curative Biosciences pink sheet have on its future price. Curative Biosciences 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, Curative Biosciences autocorrelation shows the relationship between Curative Biosciences pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Curative Biosciences.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Curative Pink Sheet Analysis
When running Curative Biosciences' price analysis, check to measure Curative Biosciences' 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 Curative Biosciences is operating at the current time. Most of Curative Biosciences' value examination focuses on studying past and present price action to predict the probability of Curative Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Curative Biosciences' price. Additionally, you may evaluate how the addition of Curative Biosciences to your portfolios can decrease your overall portfolio volatility.