Cbdmd Inc Preferred Stock Market Value
| YCBD-PA Preferred Stock | USD 0.70 0.02 2.94% |
| Symbol | CbdMD |
CbdMD '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 CbdMD's preferred stock 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 CbdMD.
| 02/25/2024 |
| 05/25/2024 |
If you would invest 0.00 in CbdMD on February 25, 2024 and sell it all today you would earn a total of 0.00 from holding cbdMD Inc or generate 0.0% return on investment in CbdMD over 90 days. CbdMD is related to or competes with CbdMD, FAT Brands, Fortress Biotech, and Chicken Soup. cbdMD, Inc. produces and distributes various cannabidiol products More
CbdMD 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 CbdMD's preferred stock 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 cbdMD Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.62 | |||
| Information Ratio | 0.0683 | |||
| Maximum Drawdown | 35.84 | |||
| Value At Risk | (6.94) | |||
| Potential Upside | 9.21 |
CbdMD Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CbdMD's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CbdMD's standard deviation. In reality, there are many statistical measures that can use CbdMD historical prices to predict the future CbdMD's volatility.| Risk Adjusted Performance | 0.0538 | |||
| Jensen Alpha | 0.4653 | |||
| Total Risk Alpha | 0.0552 | |||
| Sortino Ratio | 0.0825 | |||
| Treynor Ratio | (0.34) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CbdMD'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.
cbdMD Inc Backtested Returns
CbdMD appears to be out of control, given 3 months investment horizon. cbdMD Inc secures Sharpe Ratio (or Efficiency) of 0.0387, which signifies that the company had a 0.0387% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for cbdMD Inc, which you can use to evaluate the volatility of the firm. Please makes use of CbdMD's Semi Deviation of 3.42, risk adjusted performance of 0.0538, and Mean Deviation of 3.41 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CbdMD holds a performance score of 3. The firm shows a Beta (market volatility) of -1.22, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning CbdMD are expected to decrease by larger amounts. On the other hand, during market turmoil, CbdMD is expected to outperform it. Please check CbdMD's jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to make a quick decision on whether CbdMD's price patterns will revert.
Auto-correlation | 0.15 |
Insignificant predictability
cbdMD Inc has insignificant predictability. Overlapping area represents the amount of predictability between CbdMD time series from 25th of February 2024 to 10th of April 2024 and 10th of April 2024 to 25th 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 cbdMD Inc price movement. The serial correlation of 0.15 indicates that less than 15.0% of current CbdMD price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
cbdMD Inc lagged returns against current returns
Autocorrelation, which is CbdMD preferred stock'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 CbdMD's preferred stock expected returns. We can calculate the autocorrelation of CbdMD returns to help us make a trade decision. For example, suppose you find that CbdMD has exhibited high autocorrelation historically, and you observe that the preferred stock 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 |
CbdMD 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 CbdMD preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CbdMD preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CbdMD preferred stock over time.
Current vs Lagged Prices |
| Timeline |
CbdMD Lagged Returns
When evaluating CbdMD's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CbdMD preferred stock have on its future price. CbdMD 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, CbdMD autocorrelation shows the relationship between CbdMD preferred stock current value and its past values and can show if there is a momentum factor associated with investing in cbdMD Inc.
Regressed Prices |
| Timeline |
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Check out CbdMD Correlation, CbdMD Volatility and CbdMD Alpha and Beta module to complement your research on CbdMD. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for CbdMD Preferred Stock analysis
When running CbdMD's price analysis, check to measure CbdMD'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 CbdMD is operating at the current time. Most of CbdMD's value examination focuses on studying past and present price action to predict the probability of CbdMD's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CbdMD's price. Additionally, you may evaluate how the addition of CbdMD to your portfolios can decrease your overall portfolio volatility.
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CbdMD technical preferred stock 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, preferred stock market cycles, or different charting patterns.