Charlottes Web Holdings Stock Price on May 2, 2024
CWBHF Stock | USD 0.12 0.00 0.00% |
If you're considering investing in Charlottes OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Charlottes Web stands at 0.12, as last reported on the 11th of December 2024, with the highest price reaching 0.12 and the lowest price hitting 0.11 during the day. Charlottes Web Holdings secures Sharpe Ratio (or Efficiency) of -0.0356, which signifies that the company had a -0.0356% return per unit of standard deviation over the last 3 months. Charlottes Web Holdings exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Charlottes Web's risk adjusted performance of (0.03), and Mean Deviation of 2.66 to double-check the risk estimate we provide.
Charlottes OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Charlottes |
Sharpe Ratio = -0.0356
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Estimated Market Risk
4.29 actual daily | 38 62% of assets are more volatile |
Expected Return
-0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Charlottes Web is not performing at its full potential. However, 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 Charlottes Web by adding Charlottes Web to a well-diversified portfolio.
Charlottes Web Valuation on May 2, 2024
It is possible to determine the worth of Charlottes Web on a given historical date. On May 2, 2024 Charlottes was worth 0.2 at the beginning of the trading date compared to the closed value of 0.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Charlottes Web otc stock. Still, in general, we apply an absolute valuation method to find Charlottes Web'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 Charlottes Web where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Charlottes Web's related companies.
Open | High | Low | Close | Volume | |
0.25 | 0.26 | 0.19 | 0.19 | 956,000 | |
05/02/2024 | 0.20 | 0.21 | 0.19 | 0.20 | 60,600 |
0.20 | 0.21 | 0.19 | 0.20 | 108,400 |
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Charlottes Web Trading Date Momentum on May 2, 2024
On May 03 2024 Charlottes Web Holdings was traded for 0.20 at the closing time. The highest daily price throughout the period was 0.21 and the lowest price was 0.19 . The daily volume was 108.4 K. The net trading volume on 05/03/2024 did not affect price variability. The overall trading delta to current closing price is 15.00% . |
Charlottes Web Holdings Fundamentals Correlations and Trends
By evaluating Charlottes Web'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 Charlottes Web's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Charlottes financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Charlottes Web OTC Stock history
Charlottes Web 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 Charlottes is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Charlottes Web Holdings 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 Charlottes Web stock prices may prove useful in developing a viable investing in Charlottes Web
Charlottes Web Holdings, Inc. engages in farming, manufacturing, marketing, and selling hemp-derived cannabidiol wellness products. Charlottes Web Holdings, Inc. was founded in 2013 and is headquartered in Denver, Colorado. Charlottes Web operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 257 people.
Charlottes Web OTC Stock Technical Analysis
Charlottes Web technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Charlottes Web Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Charlottes Web Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.
Charlottes Web December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Charlottes Web otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Charlottes Web shares will generate the highest return on investment. By undertsting and applying Charlottes Web otc stock market strength indicators, traders can identify Charlottes Web Holdings entry and exit signals to maximize returns
Charlottes Web Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Charlottes Web's price direction in advance. Along with the technical and fundamental analysis of Charlottes OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Charlottes 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 | (0.03) | |||
Jensen Alpha | (0.21) | |||
Total Risk Alpha | (0.95) | |||
Treynor Ratio | 0.7456 |
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Complementary Tools for Charlottes OTC Stock analysis
When running Charlottes Web's price analysis, check to measure Charlottes Web'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 Charlottes Web is operating at the current time. Most of Charlottes Web's value examination focuses on studying past and present price action to predict the probability of Charlottes Web's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Charlottes Web's price. Additionally, you may evaluate how the addition of Charlottes Web to your portfolios can decrease your overall portfolio volatility.
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