Cannagrow Holdings Stock Alpha and Beta Analysis

CGRW Stock  USD 0.02  0.00  0.00%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Cannagrow Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in Cannagrow Holdings over a specified time horizon. Remember, high Cannagrow Holdings' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Cannagrow Holdings' market risk premium analysis include:
Beta
0.3
Alpha
(0.55)
Risk
0.0
Sharpe Ratio
0.0
Expected Return
0.0
Please note that although Cannagrow Holdings alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, Cannagrow Holdings did 0.55  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Cannagrow Holdings stock's relative risk over its benchmark. Cannagrow Holdings has a beta of 0.30  . As returns on the market increase, Cannagrow Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Cannagrow Holdings is expected to be smaller as well. .
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out Cannagrow Holdings Backtesting, Cannagrow Holdings Valuation, Cannagrow Holdings Correlation, Cannagrow Holdings Hype Analysis, Cannagrow Holdings Volatility, Cannagrow Holdings History and analyze Cannagrow Holdings Performance.

Cannagrow Holdings Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Cannagrow Holdings market risk premium is the additional return an investor will receive from holding Cannagrow Holdings long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Cannagrow Holdings. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Cannagrow Holdings' performance over market.
α-0.55   β0.30

Cannagrow Holdings expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Cannagrow Holdings' Buy-and-hold return. Our buy-and-hold chart shows how Cannagrow Holdings performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Cannagrow Holdings Market Price Analysis

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

Cannagrow Holdings Return and Market Media

The median price of Cannagrow Holdings for the period between Sat, Dec 30, 2023 and Fri, Mar 29, 2024 is 0.02 with a coefficient of variation of 10.26. The daily time series for the period is distributed with a sample standard deviation of 0.0, arithmetic mean of 0.02, and mean deviation of 0.0. The Stock did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

About Cannagrow Holdings Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Cannagrow or other pink sheets. Alpha measures the amount that position in Cannagrow Holdings has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cannagrow Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cannagrow Holdings' short interest history, or implied volatility extrapolated from Cannagrow Holdings options trading.

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Check out Cannagrow Holdings Backtesting, Cannagrow Holdings Valuation, Cannagrow Holdings Correlation, Cannagrow Holdings Hype Analysis, Cannagrow Holdings Volatility, Cannagrow Holdings History and analyze Cannagrow Holdings Performance.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Cannagrow Holdings' price analysis, check to measure Cannagrow 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 Cannagrow Holdings is operating at the current time. Most of Cannagrow Holdings' value examination focuses on studying past and present price action to predict the probability of Cannagrow Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cannagrow Holdings' price. Additionally, you may evaluate how the addition of Cannagrow Holdings to your portfolios can decrease your overall portfolio volatility.
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Cannagrow 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 Cannagrow Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cannagrow 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...