Cannabis Global Stock Price on September 22, 2023
| CBGL Stock | USD 0.0002 0.0001 100.00% |
If you're considering investing in Cannabis Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Cannabis Global stands at 0.0002, as last reported on the 30th of November, with the highest price reaching 0.0002 and the lowest price hitting 0.0001 during the day. Cannabis Global is out of control given 3 months investment horizon. Cannabis Global secures Sharpe Ratio (or Efficiency) of 0.32, which signifies that the company had a 0.32% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-two different technical indicators, which can help you to evaluate if expected returns of 100.78% are justified by taking the suggested risk. Use Cannabis Global Standard Deviation of 18.46, risk adjusted performance of 0.1037, and Mean Deviation of 5.92 to evaluate company specific risk that cannot be diversified away.
Cannabis Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Cannabis |
Sharpe Ratio = 0.3152
| Best Portfolio | Best Equity | CBGL | ||
| Good Returns | ||||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 319.78 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.32 actual daily | 24 76% of assets perform better |
Based on monthly moving average Cannabis Global is performing at about 24% 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 Cannabis Global by adding it to a well-diversified portfolio.
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Cannabis Global Valuation on September 22, 2023
It is possible to determine the worth of Cannabis Global on a given historical date. On September 22, 2023 Cannabis was worth 2.0E-4 at the beginning of the trading date compared to the closed value of 3.0E-4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cannabis Global pink sheet. Still, in general, we apply an absolute valuation method to find Cannabis Global'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 Cannabis Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cannabis Global's related companies.
| Open | High | Low | Close | Volume | |
| 0.0003 | 0.0003 | 0.0002 | 0.0002 | 20,017,900 | |
09/22/2023 | 0.0002 | 0.0003 | 0.0002 | 0.0003 | 21,099,999 |
| 0.0003 | 0.0003 | 0.0002 | 0.0002 | 14,422,085 |
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Cannabis Global Trading Date Momentum on September 22, 2023
| On September 25 2023 Cannabis Global was traded for 0.0002 at the closing time. The top price for the day was 0.0003 and the lowest listed price was 0.0002 . The trading volume for the day was 14.4 M. The trading history from September 25, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 33.33% . The overall trading delta against the current closing price is 33.33% . |
Cannabis Global Fundamentals Correlations and Trends
By evaluating Cannabis Global'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 Cannabis Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cannabis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cannabis Global Pink Sheet history
Cannabis Global 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 Cannabis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cannabis Global 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 Cannabis Global stock prices may prove useful in developing a viable investing in Cannabis Global
Cannabis Global, Inc. focuses on the creating and commercialization of engineered technologies to deliver hemp extracts and cannabinoids to the human body. Cannabis Global, Inc. was incorporated in 2005 and is headquartered in Los Angeles, California. Cannabis Global operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 3 people.
Cannabis Global Pink Sheet Technical Analysis
Cannabis Global technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Cannabis Global Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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Cannabis Global November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Cannabis Global pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cannabis Global shares will generate the highest return on investment. By undertsting and applying Cannabis Global pink sheet market strength indicators, traders can identify Cannabis Global entry and exit signals to maximize returns
Cannabis Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cannabis Global's price direction in advance. Along with the technical and fundamental analysis of Cannabis Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cannabis 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 | 0.1037 | |||
| Jensen Alpha | 2.0 | |||
| Total Risk Alpha | (0.82) | |||
| Treynor Ratio | 1.1 |
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Other Information on Investing in Cannabis Pink Sheet
Cannabis Global financial ratios help investors to determine whether Cannabis Pink Sheet 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 Cannabis with respect to the benefits of owning Cannabis Global security.