C21 Investments Stock Probability of Future OTC Stock Price Finishing Under 0.21
| CXXIF Stock | USD 0.24 0.02 9.09% |
C21 |
C21 Investments Target Price Odds to finish below 0.21
The tendency of C21 OTC Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 0.21 or more in 90 days |
| 0.24 | 90 days | 0.21 | about 32.27 |
Based on a normal probability distribution, the odds of C21 Investments to drop to $ 0.21 or more in 90 days from now is about 32.27 (This C21 Investments probability density function shows the probability of C21 OTC Stock to fall within a particular range of prices over 90 days) . Probability of C21 Investments price to stay between $ 0.21 and its current price of $0.24 at the end of the 90-day period is about 49.54 .
Assuming the 90 days horizon C21 Investments has a beta of 0.16 suggesting as returns on the market go up, C21 Investments average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding C21 Investments will be expected to be much smaller as well. Additionally C21 Investments has an alpha of 0.2124, implying that it can generate a 0.21 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). C21 Investments Price Density |
| Price |
Predictive Modules for C21 Investments
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as C21 Investments. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.C21 Investments Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. C21 Investments is not an exception. The market had few large corrections towards the C21 Investments' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold C21 Investments, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of C21 Investments within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.21 | |
β | Beta against Dow Jones | 0.16 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.01 |
C21 Investments 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 C21 Investments for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for C21 Investments can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| C21 Investments had very high historical volatility over the last 90 days | |
| C21 Investments has some characteristics of a very speculative penny stock | |
| C21 Investments has accumulated 2.03 M in total debt with debt to equity ratio (D/E) of 0.42, which is about average as compared to similar companies. C21 Investments has a current ratio of 0.67, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist C21 Investments until it has trouble settling it off, either with new capital or with free cash flow. So, C21 Investments' 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 C21 Investments sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for C21 to invest in growth at high rates of return. When we think about C21 Investments' use of debt, we should always consider it together with cash and equity. | |
| About 16.0% of C21 Investments shares are held by company insiders |
C21 Investments 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 C21 OTC Stock often depends not only on the future outlook of the current and potential C21 Investments' 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. C21 Investments' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 120 M | |
| Short Long Term Debt | 7.4 M |
C21 Investments Technical Analysis
C21 Investments' future price can be derived by breaking down and analyzing its technical indicators over time. C21 OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of C21 Investments. In general, you should focus on analyzing C21 OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
C21 Investments Predictive Forecast Models
C21 Investments' time-series forecasting models is one of many C21 Investments' otc stock 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 C21 Investments' 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 otc stock market movement and maximize returns from investment trading.
Things to note about C21 Investments
Checking the ongoing alerts about C21 Investments for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for C21 Investments help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| C21 Investments had very high historical volatility over the last 90 days | |
| C21 Investments has some characteristics of a very speculative penny stock | |
| C21 Investments has accumulated 2.03 M in total debt with debt to equity ratio (D/E) of 0.42, which is about average as compared to similar companies. C21 Investments has a current ratio of 0.67, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist C21 Investments until it has trouble settling it off, either with new capital or with free cash flow. So, C21 Investments' 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 C21 Investments sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for C21 to invest in growth at high rates of return. When we think about C21 Investments' use of debt, we should always consider it together with cash and equity. | |
| About 16.0% of C21 Investments shares are held by company insiders |
Other Information on Investing in C21 OTC Stock
C21 Investments financial ratios help investors to determine whether C21 OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in C21 with respect to the benefits of owning C21 Investments security.