Cannagistics Stock Probability of Future Pink Sheet Price Finishing Over 1.0E-4
| CNGT Stock | USD 0.0001 0.00 0.00% |
Cannagistics |
Cannagistics Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Cannagistics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cannagistics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cannagistics generated a negative expected return over the last 90 days | |
| Cannagistics has some characteristics of a very speculative penny stock | |
| Cannagistics has high likelihood to experience some financial distress in the next 2 years | |
| Cannagistics currently holds 4.4 M in liabilities. Cannagistics has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Cannagistics until it has trouble settling it off, either with new capital or with free cash flow. So, Cannagistics' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cannagistics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cannagistics to invest in growth at high rates of return. When we think about Cannagistics' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.39 M) with profit before overhead, payroll, taxes, and interest of 179.5 K. | |
| Cannagistics currently holds about 104 in cash with (548.04 K) of positive cash flow from operations. |
Cannagistics Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Cannagistics Pink Sheet often depends not only on the future outlook of the current and potential Cannagistics' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Cannagistics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 151.2 M | |
| Cash And Short Term Investments | 30 K |
Cannagistics Technical Analysis
Cannagistics' future price can be derived by breaking down and analyzing its technical indicators over time. Cannagistics Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cannagistics. In general, you should focus on analyzing Cannagistics Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Cannagistics Predictive Forecast Models
Cannagistics' time-series forecasting models is one of many Cannagistics' pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Cannagistics' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.
Things to note about Cannagistics
Checking the ongoing alerts about Cannagistics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cannagistics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cannagistics generated a negative expected return over the last 90 days | |
| Cannagistics has some characteristics of a very speculative penny stock | |
| Cannagistics has high likelihood to experience some financial distress in the next 2 years | |
| Cannagistics currently holds 4.4 M in liabilities. Cannagistics has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Cannagistics until it has trouble settling it off, either with new capital or with free cash flow. So, Cannagistics' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cannagistics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cannagistics to invest in growth at high rates of return. When we think about Cannagistics' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.39 M) with profit before overhead, payroll, taxes, and interest of 179.5 K. | |
| Cannagistics currently holds about 104 in cash with (548.04 K) of positive cash flow from operations. |
Additional Tools for Cannagistics Pink Sheet Analysis
When running Cannagistics' price analysis, check to measure Cannagistics' 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 Cannagistics is operating at the current time. Most of Cannagistics' value examination focuses on studying past and present price action to predict the probability of Cannagistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cannagistics' price. Additionally, you may evaluate how the addition of Cannagistics to your portfolios can decrease your overall portfolio volatility.