Cannbiorx Life Sciences Stock Price on July 12, 2024
| ATNFW Stock | USD 0.01 0 22.94% |
If you're considering investing in CannBioRx Stock, it is important to understand the factors that can impact its price. As of today, the current price of CannBioRx Life stands at 0.01, as last reported on the 29th of November, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day. CannBioRx Life is out of control given 3 months investment horizon. CannBioRx Life Sciences secures Sharpe Ratio (or Efficiency) of 0.063, which signifies that the company had a 0.063% return per unit of risk over the last 3 months. We were able to analyze and collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.25% are justified by taking the suggested risk. Use CannBioRx Life Downside Deviation of 12.0, risk adjusted performance of 0.0622, and Mean Deviation of 11.86 to evaluate company specific risk that cannot be diversified away.
At this time, CannBioRx Life's Other Stockholder Equity is fairly stable compared to the past year. Stock Based Compensation is likely to climb to about 3.3 M in 2024, despite the fact that Total Stockholder Equity is likely to grow to (121.3 K). . Price Earnings Ratio is likely to climb to -0.07 in 2024. Price Book Value Ratio is likely to climb to -11.44 in 2024. CannBioRx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CannBioRx |
Sharpe Ratio = 0.063
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Estimated Market Risk
| 19.83 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.25 actual daily | 24 76% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average CannBioRx Life is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of CannBioRx Life by adding it to a well-diversified portfolio.
Book Value (0.24) | Shares Float 839 K | Market Capitalization 250.8 M | Shares Short Prior Month 10.7 K | Shares Short 47.5 K |
CannBioRx Life Main Headline on 12th of July 2024
Acquisition by Feldmann Marc of 135377 shares of CannBioRx L... by Feldmann Marc
Filed transaction by CannBioRx Life Sciences Director. Grant, award or other acquisition pursuant to Rule 16b-3
CannBioRx Life Valuation on July 12, 2024
It is possible to determine the worth of CannBioRx Life on a given historical date. On July 12, 2024 CannBioRx was worth 0.011 at the beginning of the trading date compared to the closed value of 0.0085. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CannBioRx Life stock. Still, in general, we apply an absolute valuation method to find CannBioRx Life's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of CannBioRx Life where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CannBioRx Life's related companies.
| Open | High | Low | Close | Volume | |
| 0.01 | 0.01 | 0.01 | 0.01 | 358,348 | |
07/12/2024 | 0.01 | 0.01 | 0.01 | 0.01 | 142,321 |
| 0.01 | 0.01 | 0.01 | 0.01 | 245,710 |
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CannBioRx Life Trading Date Momentum on July 12, 2024
| On July 15 2024 CannBioRx Life Sciences was traded for 0.01 at the closing time. The highest daily price throughout the period was 0.01 and the lowest price was 0.01 . The daily volume was 245.7 K. The net trading volume on 07/15/2024 added to the next day price increase. The overall trading delta to closing price of the next trading day was 5.88% . The overall trading delta to current closing price is 30.59% . |
CannBioRx Life Sciences Fundamentals Correlations and Trends
By evaluating CannBioRx Life's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among CannBioRx Life's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CannBioRx financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CannBioRx Life Stock history
CannBioRx Life investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for CannBioRx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CannBioRx Life Sciences will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing CannBioRx Life stock prices may prove useful in developing a viable investing in CannBioRx Life
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 379.1 K | 360.1 K | |
| Net Loss | -105 K | -99.7 K |
CannBioRx Life Stock Technical Analysis
CannBioRx Life technical 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.
Price Boundaries
CannBioRx Life Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
CannBioRx Life Sciences cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
CannBioRx Life November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how CannBioRx Life stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CannBioRx Life shares will generate the highest return on investment. By undertsting and applying CannBioRx Life stock market strength indicators, traders can identify CannBioRx Life Sciences entry and exit signals to maximize returns
CannBioRx Life Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CannBioRx Life's price direction in advance. Along with the technical and fundamental analysis of CannBioRx Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CannBioRx to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0622 | |||
| Jensen Alpha | 0.867 | |||
| Total Risk Alpha | (1.61) | |||
| Sortino Ratio | 0.1016 | |||
| Treynor Ratio | 0.3292 |
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Additional Tools for CannBioRx Stock Analysis
When running CannBioRx Life's price analysis, check to measure CannBioRx Life'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 CannBioRx Life is operating at the current time. Most of CannBioRx Life's value examination focuses on studying past and present price action to predict the probability of CannBioRx Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CannBioRx Life's price. Additionally, you may evaluate how the addition of CannBioRx Life to your portfolios can decrease your overall portfolio volatility.