Cbdmd Inc Preferred Stock Price on September 25, 2023
| YCBD-PA Preferred Stock | USD 0.71 0.01 1.43% |
If you're considering investing in CbdMD Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of CbdMD stands at 0.71, as last reported on the 22nd of November, with the highest price reaching 0.71 and the lowest price hitting 0.59 during the day. CbdMD appears to be out of control, given 3 months investment horizon. cbdMD Inc secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of standard deviation over the last 3 months. By analyzing CbdMD's technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please makes use of CbdMD's Semi Deviation of 3.52, risk adjusted performance of 0.1382, and Mean Deviation of 3.81 to double-check if our risk estimates are consistent with your expectations.
CbdMD Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CbdMD |
Sharpe Ratio = 0.1451
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Estimated Market Risk
| 5.19 actual daily | 46 54% of assets are more volatile |
Expected Return
| 0.75 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average CbdMD is performing at about 11% 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 CbdMD by adding it to a well-diversified portfolio.
CbdMD Valuation on September 25, 2023
It is possible to determine the worth of CbdMD on a given historical date. On September 25, 2023 CbdMD was worth 1.44 at the beginning of the trading date compared to the closed value of 1.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CbdMD preferred stock. Still, in general, we apply an absolute valuation method to find CbdMD'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 CbdMD where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CbdMD's related companies.
| Open | High | Low | Close | Volume | |
| 1.30 | 1.47 | 1.30 | 1.46 | 7,231 | |
09/25/2023 | 1.44 | 1.44 | 1.31 | 1.35 | 9,823 |
| 1.34 | 1.34 | 1.15 | 1.21 | 20,099 |
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CbdMD Trading Date Momentum on September 25, 2023
| On September 26 2023 cbdMD Inc was traded for 1.21 at the closing time. The highest price during the trading period was 1.34 and the lowest recorded bid was listed for 1.15 . The volume for the day was 20.1 K. This history from September 26, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 10.37% . The trading date delta to the current price is 22.22% . |
cbdMD Inc Fundamentals Correlations and Trends
By evaluating CbdMD'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 CbdMD's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CbdMD financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CbdMD Preferred Stock history
CbdMD 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 CbdMD is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in cbdMD Inc 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 CbdMD stock prices may prove useful in developing a viable investing in CbdMD
cbdMD, Inc. produces and distributes various cannabidiol products. The company was formerly known as Level Brands, Inc. and changed its name to cbdMD, Inc. in May 2019. cbdMD, Inc. was incorporated in 2015 and is headquartered in Charlotte, North Carolina. CbdMD Inc is traded on ASE Exchange in the United States.
CbdMD Preferred Stock Technical Analysis
CbdMD technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
CbdMD Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
cbdMD Inc cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
CbdMD November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how CbdMD preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CbdMD shares will generate the highest return on investment. By undertsting and applying CbdMD preferred stock market strength indicators, traders can identify cbdMD Inc entry and exit signals to maximize returns
CbdMD Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CbdMD's price direction in advance. Along with the technical and fundamental analysis of CbdMD Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CbdMD 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 | 0.1382 | |||
| Jensen Alpha | 1.05 | |||
| Total Risk Alpha | 0.2208 | |||
| Sortino Ratio | 0.1777 | |||
| Treynor Ratio | (1.61) |
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Complementary Tools for CbdMD Preferred Stock analysis
When running CbdMD's price analysis, check to measure CbdMD'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 CbdMD is operating at the current time. Most of CbdMD's value examination focuses on studying past and present price action to predict the probability of CbdMD's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CbdMD's price. Additionally, you may evaluate how the addition of CbdMD to your portfolios can decrease your overall portfolio volatility.
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