Gb Sciences Stock Market Value
| GBLX Stock | USD 0.01 0 36.00% |
| Symbol | GBLX |
GB Sciences '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 GB Sciences' 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 GB Sciences.
| 01/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in GB Sciences on January 25, 2024 and sell it all today you would earn a total of 0.00 from holding GB Sciences or generate 0.0% return on investment in GB Sciences over 90 days. GB Sciences is related to or competes with HUMANA, Barloworld, Morningstar Unconstrained, High Yield, Thrivent High, and Via Renewables. GB Sciences, Inc. engages in the research and development of plant-based medicines in North America and Europe More
GB Sciences 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 GB Sciences' 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 GB Sciences upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) |
GB Sciences Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GB Sciences' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GB Sciences' standard deviation. In reality, there are many statistical measures that can use GB Sciences historical prices to predict the future GB Sciences' volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | (1.16) | |||
| Treynor Ratio | 0.395 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GB Sciences' 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.
GB Sciences Backtested Returns
GB Sciences retains Efficiency (Sharpe Ratio) of -0.13, which attests that the company had a -0.13% return per unit of price deviation over the last 3 months. GB Sciences exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GB Sciences' Coefficient Of Variation of (812.40), market risk adjusted performance of 0.405, and Information Ratio of (0.14) to validate the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -1.41, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning GB Sciences are expected to decrease by larger amounts. On the other hand, during market turmoil, GB Sciences is expected to outperform it. GB Sciences has an expected return of -0.57%. Please make sure to check out GB Sciences risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and rate of daily change , to decide if GB Sciences performance from the past will be repeated sooner or later.
Auto-correlation | 0.00 |
No correlation between past and present
GB Sciences has no correlation between past and present. Overlapping area represents the amount of predictability between GB Sciences time series from 25th of January 2024 to 10th of March 2024 and 10th of March 2024 to 24th of April 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 GB Sciences price movement. The serial correlation of 0.0 indicates that just 0.0% of current GB Sciences price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
GB Sciences lagged returns against current returns
Autocorrelation, which is GB Sciences 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 GB Sciences' pink sheet expected returns. We can calculate the autocorrelation of GB Sciences returns to help us make a trade decision. For example, suppose you find that GB Sciences 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 |
GB Sciences 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 GB Sciences pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GB Sciences pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GB Sciences pink sheet over time.
Current vs Lagged Prices |
| Timeline |
GB Sciences Lagged Returns
When evaluating GB Sciences' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GB Sciences pink sheet have on its future price. GB Sciences 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, GB Sciences autocorrelation shows the relationship between GB Sciences pink sheet current value and its past values and can show if there is a momentum factor associated with investing in GB Sciences.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out GB Sciences Correlation, GB Sciences Volatility and GB Sciences Alpha and Beta module to complement your research on GB Sciences. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for GBLX Pink Sheet analysis
When running GB Sciences' price analysis, check to measure GB Sciences' 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 GB Sciences is operating at the current time. Most of GB Sciences' value examination focuses on studying past and present price action to predict the probability of GB Sciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GB Sciences' price. Additionally, you may evaluate how the addition of GB Sciences to your portfolios can decrease your overall portfolio volatility.
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |
GB Sciences 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.