CbdMD Stock Forecast - Simple Moving Average
| YCBD Stock | USD 0.85 0 0.12% |
CbdMD Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast CbdMD stock prices and determine the direction of cbdMD Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of CbdMD's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time, the relative strength index (RSI) of CbdMD's share price is approaching 44. This entails that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling CbdMD, making its price go up or down. Momentum 44
Sell Extended
Oversold | Overbought |
EPS Estimate Current Year (1.08) | EPS Estimate Next Year (0.20) | Wall Street Target Price 2 | Quarterly Revenue Growth (0.11) |
Using CbdMD hype-based prediction, you can estimate the value of cbdMD Inc from the perspective of CbdMD response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of cbdMD Inc on the next trading day is expected to be 0.85 with a mean absolute deviation of 0.1 and the sum of the absolute errors of 5.84. CbdMD after-hype prediction price | USD 0.88 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of CbdMD to cross-verify your projections. CbdMD Additional Predictive Modules
Most predictive techniques to examine CbdMD price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for CbdMD using various technical indicators. When you analyze CbdMD charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
CbdMD Simple Moving Average Price Forecast For the 27th of January
Given 90 days horizon, the Simple Moving Average forecasted value of cbdMD Inc on the next trading day is expected to be 0.85 with a mean absolute deviation of 0.1, mean absolute percentage error of 0.04, and the sum of the absolute errors of 5.84.Please note that although there have been many attempts to predict CbdMD Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that CbdMD's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
CbdMD Stock Forecast Pattern
| Backtest CbdMD | CbdMD Price Prediction | Buy or Sell Advice |
CbdMD Forecasted Value
In the context of forecasting CbdMD's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. CbdMD's downside and upside margins for the forecasting period are 0.01 and 16.79, respectively. We have considered CbdMD's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of CbdMD stock data series using in forecasting. Note that when a statistical model is used to represent CbdMD stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 111.1333 |
| Bias | Arithmetic mean of the errors | 0.0014 |
| MAD | Mean absolute deviation | 0.099 |
| MAPE | Mean absolute percentage error | 0.0859 |
| SAE | Sum of the absolute errors | 5.8395 |
Predictive Modules for CbdMD
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as cbdMD Inc. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.CbdMD After-Hype Price Density Analysis
As far as predicting the price of CbdMD at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in CbdMD or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of CbdMD, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
CbdMD Estimiated After-Hype Price Volatility
In the context of predicting CbdMD's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on CbdMD's historical news coverage. CbdMD's after-hype downside and upside margins for the prediction period are 0.04 and 16.82, respectively. We have considered CbdMD's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
CbdMD is out of control at this time. Analysis and calculation of next after-hype price of cbdMD Inc is based on 3 months time horizon.
CbdMD Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as CbdMD is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading CbdMD backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with CbdMD, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.63 | 15.94 | 0.03 | 0.31 | 7 Events / Month | 5 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
0.85 | 0.88 | 3.65 |
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CbdMD Hype Timeline
cbdMD Inc is at this time traded for 0.85. The entity has historical hype elasticity of 0.03, and average elasticity to hype of competition of 0.31. CbdMD is forecasted to increase in value after the next headline, with the price projected to jump to 0.88 or above. The average volatility of media hype impact on the company the price is over 100%. The price growth on the next news is forecasted to be 3.65%, whereas the daily expected return is at this time at 0.63%. The volatility of related hype on CbdMD is about 3279.84%, with the expected price after the next announcement by competition of 1.16. cbdMD Inc currently holds 778.24 M in liabilities with Debt to Equity (D/E) ratio of 0.11, which may suggest the company is not taking enough advantage from borrowing. Given the investment horizon of 90 days the next forecasted press release will be in about 7 days. Check out Historical Fundamental Analysis of CbdMD to cross-verify your projections.CbdMD Related Hype Analysis
Having access to credible news sources related to CbdMD's direct competition is more important than ever and may enhance your ability to predict CbdMD's future price movements. Getting to know how CbdMD's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how CbdMD may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| PFE | Pfizer Inc | 0.09 | 6 per month | 1.09 | 0.03 | 2.02 | (1.92) | 7.97 | |
| VCV | Invesco California Value | 0.16 | 8 per month | 0.78 | (0.01) | 1.53 | (1.55) | 3.42 | |
| MRK | Merck Company | 1.34 | 7 per month | 1.09 | 0.17 | 3.59 | (1.98) | 8.09 | |
| NMFC | New Mountain Finance | 0.13 | 5 per month | 1.01 | (0.05) | 1.66 | (1.69) | 5.28 | |
| AA | Alcoa Corp | 2.39 | 7 per month | 2.42 | 0.19 | 6.55 | (4.82) | 18.46 | |
| KOS | Kosmos Energy | (0.01) | 11 per month | 0.00 | (0.03) | 10.27 | (5.99) | 25.11 | |
| GGG | Graco Inc | 1.63 | 6 per month | 1.19 | 0.01 | 2.46 | (1.90) | 6.74 | |
| NSSC | NAPCO Security Technologies | (0.61) | 9 per month | 0.00 | (0.09) | 3.98 | (4.00) | 14.26 | |
| SRTOY | Sartorius Stedim Biotech | 0.00 | 0 per month | 1.97 | (0.01) | 2.92 | (3.28) | 14.94 | |
| KNX | Knight Transportation | (0.26) | 9 per month | 1.86 | 0.1 | 3.84 | (2.96) | 8.76 |
Other Forecasting Options for CbdMD
For every potential investor in CbdMD, whether a beginner or expert, CbdMD's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CbdMD Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CbdMD. Basic forecasting techniques help filter out the noise by identifying CbdMD's price trends.CbdMD Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with CbdMD stock to make a market-neutral strategy. Peer analysis of CbdMD could also be used in its relative valuation, which is a method of valuing CbdMD by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
CbdMD Market Strength Events
Market strength indicators help investors to evaluate how CbdMD stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CbdMD shares will generate the highest return on investment. By undertsting and applying CbdMD stock market strength indicators, traders can identify cbdMD Inc entry and exit signals to maximize returns.
CbdMD Risk Indicators
The analysis of CbdMD's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in CbdMD's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cbdmd stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 8.06 | |||
| Semi Deviation | 7.65 | |||
| Standard Deviation | 15.51 | |||
| Variance | 240.6 | |||
| Downside Variance | 72.53 | |||
| Semi Variance | 58.59 | |||
| Expected Short fall | (12.53) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for CbdMD
The number of cover stories for CbdMD depends on current market conditions and CbdMD's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that CbdMD is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about CbdMD's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Check out Historical Fundamental Analysis of CbdMD to cross-verify your projections. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CbdMD. If investors know CbdMD will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CbdMD listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.51 | Revenue Per Share | Quarterly Revenue Growth (0.11) | Return On Assets | Return On Equity |
The market value of cbdMD Inc is measured differently than its book value, which is the value of CbdMD that is recorded on the company's balance sheet. Investors also form their own opinion of CbdMD's value that differs from its market value or its book value, called intrinsic value, which is CbdMD's 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 CbdMD's market value can be influenced by many factors that don't directly affect CbdMD's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CbdMD's value and its price as these two are different measures arrived at by different means. Investors typically determine if CbdMD is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CbdMD's 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.