Cannabis One Holdings Stock Market Value
Cannabis One's market value is the price at which a share of Cannabis One trades on a public exchange. It measures the collective expectations of Cannabis One Holdings investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Cannabis One Holdings and determine expected loss or profit from investing in Cannabis One over a given investment horizon. Check out Cannabis One Correlation, Cannabis One Volatility and Cannabis One Alpha and Beta module to complement your research on Cannabis One.
| Symbol | Cannabis |
Cannabis One '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 One's 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 Cannabis One.
| 02/23/2024 |
| 05/23/2024 |
If you would invest 0.00 in Cannabis One on February 23, 2024 and sell it all today you would earn a total of 0.00 from holding Cannabis One Holdings or generate 0.0% return on investment in Cannabis One over 90 days. Cannabis One is related to or competes with HUMANA, SCOR PK, Small Cap, Barloworld, High Yield, Morningstar Unconstrained, and SPACE. INDVR Brands Inc. provides personnel and management resources, and infrastructure and equipment for use in production, c... More
Cannabis One 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 One's 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 Cannabis One Holdings upside and downside potential and time the market with a certain degree of confidence.
Cannabis One Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cannabis One's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cannabis One's standard deviation. In reality, there are many statistical measures that can use Cannabis One historical prices to predict the future Cannabis One's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cannabis One'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 One Holdings Backtested Returns
We have found zero technical indicators for Cannabis One Holdings, 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 Cannabis One are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Cannabis One Holdings has no correlation between past and present. Overlapping area represents the amount of predictability between Cannabis One time series from 23rd of February 2024 to 8th of April 2024 and 8th of April 2024 to 23rd of May 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 One Holdings price movement. The serial correlation of 0.0 indicates that just 0.0% of current Cannabis One 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 |
Cannabis One Holdings lagged returns against current returns
Autocorrelation, which is Cannabis One 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 Cannabis One's pink sheet expected returns. We can calculate the autocorrelation of Cannabis One returns to help us make a trade decision. For example, suppose you find that Cannabis One 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 |
Cannabis One 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 One pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cannabis One pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cannabis One pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Cannabis One Lagged Returns
When evaluating Cannabis One's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cannabis One pink sheet have on its future price. Cannabis One 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 One autocorrelation shows the relationship between Cannabis One pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Cannabis One Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Cannabis One Correlation, Cannabis One Volatility and Cannabis One Alpha and Beta module to complement your research on Cannabis One. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Cannabis Pink Sheet analysis
When running Cannabis One's price analysis, check to measure Cannabis One'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 One is operating at the current time. Most of Cannabis One's value examination focuses on studying past and present price action to predict the probability of Cannabis One'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 One's price. Additionally, you may evaluate how the addition of Cannabis One to your portfolios can decrease your overall portfolio volatility.
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Cannabis One 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.