Cannagrow Holdings Pink Sheet Forecast - Rate Of Daily Change
| CGRW Stock | USD 0.03 0.01 50.00% |
Cannagrow Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Cannagrow Holdings stock prices and determine the direction of Cannagrow Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Cannagrow Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Cannagrow Holdings to cross-verify your projections. Cannagrow |
Most investors in Cannagrow Holdings cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Cannagrow Holdings' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Cannagrow Holdings' price structures and extracts relationships that further increase the generated results' accuracy.
Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Cannagrow Holdings.| Check Cannagrow Holdings Volatility | Backtest Cannagrow Holdings | Information Ratio |
Cannagrow Holdings Trading Date Momentum
| On April 18 2024 Cannagrow Holdings was traded for 0.03 at the closing time. The top price for the day was 0.03 and the lowest listed price was 0.03 . There was no trading activity during the period 0.0. Lack of trading volume on April 18, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.00% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
| Compare Cannagrow Holdings to competition |
Other Forecasting Options for Cannagrow Holdings
For every potential investor in Cannagrow, whether a beginner or expert, Cannagrow Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Cannagrow Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Cannagrow. Basic forecasting techniques help filter out the noise by identifying Cannagrow Holdings' price trends.Cannagrow Holdings Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Cannagrow Holdings pink sheet to make a market-neutral strategy. Peer analysis of Cannagrow Holdings could also be used in its relative valuation, which is a method of valuing Cannagrow Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Cannagrow Holdings Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Cannagrow Holdings' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Cannagrow Holdings' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Cannagrow Holdings Market Strength Events
Market strength 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 undertsting and applying Cannagrow Holdings pink sheet market strength indicators, traders can identify Cannagrow Holdings entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.5 | |||
| Day Median Price | 0.03 | |||
| Day Typical Price | 0.03 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 | |||
| Relative Strength Index | 66.69 |
Cannagrow Holdings Risk Indicators
The analysis of Cannagrow Holdings' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Cannagrow Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cannagrow pink sheet prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.97 | |||
| Standard Deviation | 9.64 | |||
| Variance | 92.98 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Cannagrow Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cannagrow Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cannagrow Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Cannagrow Pink Sheet
| 0.54 | PKX | POSCO Holdings Earnings Call This Week | PairCorr |
| 0.45 | GPN | Global Payments Financial Report 6th of May 2024 | PairCorr |
The ability to find closely correlated positions to Cannagrow Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cannagrow Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cannagrow Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cannagrow Holdings to buy it.
The correlation of Cannagrow Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cannagrow Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cannagrow Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cannagrow Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Cannagrow Holdings to cross-verify your projections. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Cannagrow Pink Sheet analysis
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.
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Stocks Directory Find actively traded stocks across global markets | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |