Cannabusiness OTC Stock Alpha and Beta Analysis

CBGI -  USA Stock  

USD 0.00001  0.00  0.00%

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Cannabusiness Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Cannabusiness over a specified time horizon. Remember, high Cannabusiness' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Continue to Cannabusiness Backtesting, Cannabusiness Valuation, Cannabusiness Correlation, Cannabusiness Hype Analysis, Cannabusiness Volatility, Cannabusiness History and analyze Cannabusiness Performance.

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Please note that although Cannabusiness alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Cannabusiness did 2.75  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Cannabusiness Group stock's relative risk over its benchmark. Cannabusiness Group has a beta of 6.94  . 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.
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Cannabusiness Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Cannabusiness market risk premium is the additional return an investor will receive from holding Cannabusiness long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Cannabusiness. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Cannabusiness' performance over market.
α-2.75   β-6.94
90 days against DJI

Cannabusiness expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Cannabusiness' Buy-and-hold return. Our buy-and-hold chart shows how Cannabusiness performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Cannabusiness Market Price Analysis

Market price analysis indicators help investors to evaluate how Cannabusiness otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cannabusiness shares will generate the highest return on investment. By understating and applying Cannabusiness otc stock market price indicators, traders can identify Cannabusiness position entry and exit signals to maximize returns.

Cannabusiness Return and Market Media

The median price of Cannabusiness for the period between Wed, May 5, 2021 and Tue, Aug 3, 2021 is 5.0E-4 with a coefficient of variation of 111.07. The daily time series for the period is distributed with a sample standard deviation of 0.0, arithmetic mean of 0.0, and mean deviation of 0.0. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
      Timeline 
1
MN House votes to legalize cannabis - Marijuana Moment05/14/2021
2
4Cable TV International, Inc. Announces 2021-06-07 Press Rel...06/07/2021
3
Cresco Labs Launches Summer of Social Justice - Cannabis Bus...06/21/2021
4
3 of the Best Cannabis Stocks to Buy Now - Stock Investor07/22/2021
5
Judge delays Illinois awarding marijuana retail licenses unt...07/29/2021

About Cannabusiness Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Cannabusiness Group has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

Cannabusiness Investors Sentiment

The influence of Cannabusiness' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cannabusiness. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - CBGI

Cannabusiness Group Investor Sentiment

Most of Macroaxis users are currently bullish on Cannabusiness Group. What is your opinion about investing in Cannabusiness Group? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Continue to Cannabusiness Backtesting, Cannabusiness Valuation, Cannabusiness Correlation, Cannabusiness Hype Analysis, Cannabusiness Volatility, Cannabusiness History and analyze Cannabusiness Performance. 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for Cannabusiness OTC Stock analysis

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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Cannabusiness technical otc 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, stock market cycles, or different charting patterns.
A focus of Cannabusiness technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cannabusiness trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...