Cannabis Strategic Ventures Stock Probability of Future Pink Sheet Price Finishing Under 1.0E-4
| NUGS Stock | USD 0.0001 0.00 0.00% |
Cannabis |
Cannabis Strategic Target Price Odds to finish below 1.0E-4
The tendency of Cannabis Pink Sheet 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 move below current price in 90 days |
| 0.0001 | 90 days | 0.0001 | about 63.79 |
Based on a normal probability distribution, the odds of Cannabis Strategic to move below current price in 90 days from now is about 63.79 (This Cannabis Strategic Ventures probability density function shows the probability of Cannabis Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Cannabis Strategic has the beta coefficient that is very close to zero. This indicates the returns on DOW JONES INDUSTRIAL and Cannabis Strategic do not appear to be related. Additionally It does not look like Cannabis Strategic's alpha can have any bearing on the current valuation. Cannabis Strategic Price Density |
| Price |
Predictive Modules for Cannabis Strategic
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cannabis Strategic. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Cannabis Strategic Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cannabis Strategic is not an exception. The market had few large corrections towards the Cannabis Strategic's 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 Cannabis Strategic Ventures, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cannabis Strategic within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 0.000031 | |
Ir | Information ratio | 0.00 |
Cannabis Strategic 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 Cannabis Strategic for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cannabis Strategic can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cannabis Strategic is way too risky over 90 days horizon | |
| Cannabis Strategic has some characteristics of a very speculative penny stock | |
| Cannabis Strategic appears to be risky and price may revert if volatility continues | |
| Cannabis Strategic Ventures currently holds 21.67 M in liabilities. Cannabis Strategic has a current ratio of 0.21, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Cannabis Strategic until it has trouble settling it off, either with new capital or with free cash flow. So, Cannabis Strategic's 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 Cannabis Strategic sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cannabis to invest in growth at high rates of return. When we think about Cannabis Strategic's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 14.6 M. Net Loss for the year was (5.64 M) with profit before overhead, payroll, taxes, and interest of 2.78 M. | |
| Cannabis Strategic Ventures currently holds about 402.8 K in cash with (4.09 M) of positive cash flow from operations. |
Cannabis Strategic Technical Analysis
Cannabis Strategic's future price can be derived by breaking down and analyzing its technical indicators over time. Cannabis Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cannabis Strategic Ventures. In general, you should focus on analyzing Cannabis Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Cannabis Strategic Predictive Forecast Models
Cannabis Strategic's time-series forecasting models is one of many Cannabis Strategic's 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 Cannabis Strategic's 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 Cannabis Strategic
Checking the ongoing alerts about Cannabis Strategic for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cannabis Strategic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cannabis Strategic is way too risky over 90 days horizon | |
| Cannabis Strategic has some characteristics of a very speculative penny stock | |
| Cannabis Strategic appears to be risky and price may revert if volatility continues | |
| Cannabis Strategic Ventures currently holds 21.67 M in liabilities. Cannabis Strategic has a current ratio of 0.21, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Cannabis Strategic until it has trouble settling it off, either with new capital or with free cash flow. So, Cannabis Strategic's 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 Cannabis Strategic sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cannabis to invest in growth at high rates of return. When we think about Cannabis Strategic's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 14.6 M. Net Loss for the year was (5.64 M) with profit before overhead, payroll, taxes, and interest of 2.78 M. | |
| Cannabis Strategic Ventures currently holds about 402.8 K in cash with (4.09 M) of positive cash flow from operations. |
Additional Tools for Cannabis Pink Sheet Analysis
When running Cannabis Strategic's price analysis, check to measure Cannabis Strategic's 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 Cannabis Strategic is operating at the current time. Most of Cannabis Strategic's value examination focuses on studying past and present price action to predict the probability of Cannabis Strategic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cannabis Strategic's price. Additionally, you may evaluate how the addition of Cannabis Strategic to your portfolios can decrease your overall portfolio volatility.