Cannabusiness OTC Stock Performance

CBGI -  USA Stock  

USD 0.00001  0.00  0.00%

The firm shows a Beta (market volatility) of -6.9362, which signifies a somewhat significant risk relative to the market. Let's try to break down what Cannabusiness's beta means in this case. As returns on the market increase, returns on owning Cannabusiness are expected to decrease by larger amounts. On the other hand, during market turmoil, Cannabusiness is expected to outperform it. Even though it is essential to pay attention to Cannabusiness Group historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Cannabusiness Group exposes twenty-one different technical indicators, which can help you to evaluate its performance. Cannabusiness Group has an expected return of -3.22%. Please be advised to confirm Cannabusiness Group information ratio and the relationship between the maximum drawdown and skewness to decide if Cannabusiness Group performance from the past will be repeated at some point in the near future.

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 Cannabusiness Performance
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Over the last 90 days Cannabusiness Group has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's technical and fundamental indicators remain nearly stable which may send shares a bit higher in September 2021. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more

Cannabusiness Price Channel

Fifty Two Week Low0.0000
Fifty Two Week High0.0200

Cannabusiness Relative Risk vs. Return Landscape

If you would invest  0.35  in Cannabusiness Group on May 5, 2021 and sell it today you would lose (0.35)  from holding Cannabusiness Group or give up 99.71% of portfolio value over 90 days. Cannabusiness Group is currently does not generate positive expected returns and assumes 16.6923% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Cannabusiness, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days Cannabusiness is expected to under-perform the market. In addition to that, the company is 22.35 times more volatile than its market benchmark. It trades about -0.19 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.06 per unit of volatility.

Cannabusiness Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Cannabusiness' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Cannabusiness Group, and traders can use it to determine the average amount a Cannabusiness' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.1927

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Estimated Market Risk
 16.69
  actual daily
 
 96 %
of total potential
 
9696
Expected Return
 -3.22
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 0 %
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Risk-Adjusted Return
 -0.19
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Based on monthly moving average Cannabusiness is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Cannabusiness by adding it to a well-diversified portfolio.

About Cannabusiness Performance

To evaluate Cannabusiness Group OTC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Cannabusiness generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Cannabusiness OTC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Cannabusiness Group stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Cannabusiness's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The CannaBusiness Group, Inc. operates as a real estate acquisition, leasing, and management company focusing on zoning issues in the United States. The CannaBusiness Group, Inc. was founded in 1985 and is based in Mission Viejo, California. Cannabusiness is traded on OTC Exchange in the United States.

Things to note about Cannabusiness Group

Checking the ongoing alerts about Cannabusiness for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cannabusiness Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Cannabusiness Alerts

Equity Alerts and Improvement Suggestions

Cannabusiness Group generates negative expected return over the last 90 days
Cannabusiness Group has high historical volatility and very poor performance
Cannabusiness Group has some characteristics of a very speculative penny stock
Cannabusiness Group has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 1.61 M. Net Loss for the year was (524.26 K) with profit before overhead, payroll, taxes, and interest of 646.84 K.
Latest headline from qctimes.com: Judge delays Illinois awarding marijuana retail licenses until he rules on lawsuit, but lottery will go on today - Quad City Times
Continue to Trending Equities. Note that the Cannabusiness Group information on this page should be used as a complementary analysis to other Cannabusiness' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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When running Cannabusiness Group price analysis, check to measure Cannabusiness' 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 Cannabusiness is operating at the current time. Most of Cannabusiness' value examination focuses on studying past and present price action to predict the probability of Cannabusiness' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Cannabusiness' price. Additionally, you may evaluate how the addition of Cannabusiness to your portfolios can decrease your overall portfolio volatility.
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The market value of Cannabusiness Group is measured differently than its book value, which is the value of Cannabusiness that is recorded on the company's balance sheet. Investors also form their own opinion of Cannabusiness' value that differs from its market value or its book value, called intrinsic value, which is Cannabusiness' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cannabusiness' market value can be influenced by many factors that don't directly affect Cannabusiness Group underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cannabusiness' value and its price as these two are different measures arrived at by different means. Investors typically determine Cannabusiness value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cannabusiness' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.