Cbd Of Denver Stock Market Value
| CBDD Stock | USD 0.0003 0.0001 25.00% |
| Symbol | Cbd |
Cbd Of 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Cbd Of's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Cbd Of.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Cbd Of on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Cbd of Denver or generate 0.0% return on investment in Cbd Of over 30 days. Cbd Of is related to or competes with Amazon, BoohooCom PLC, ASOS Plc, ASOS Plc, Hour Loop, Oriental Culture, and Jowell Global. CBD of Denver Inc. engages in developing and commercializing cannabidiol products More
Cbd Of Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Cbd Of's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Cbd of Denver upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 24.08 | |||
| Information Ratio | 0.0433 | |||
| Maximum Drawdown | 58.33 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 33.33 |
Cbd Of Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cbd Of's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cbd Of's standard deviation. In reality, there are many statistical measures that can use Cbd Of historical prices to predict the future Cbd Of's volatility.| Risk Adjusted Performance | 0.0482 | |||
| Jensen Alpha | 0.7919 | |||
| Total Risk Alpha | (2.22) | |||
| Sortino Ratio | 0.0341 | |||
| Treynor Ratio | 0.7685 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cbd Of's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Cbd of Denver Backtested Returns
Cbd Of is out of control given 3 months investment horizon. Cbd of Denver secures Sharpe Ratio (or Efficiency) of 0.066, which signifies that the company had a 0.066% return per unit of standard deviation over the last 3 months. We were able to break down thirty different technical indicators, which can help you to evaluate if expected returns of 1.24% are justified by taking the suggested risk. Use Cbd Of mean deviation of 13.45, and Risk Adjusted Performance of 0.0482 to evaluate company specific risk that cannot be diversified away. Cbd Of holds a performance score of 5 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.24, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Cbd Of will likely underperform. Use Cbd Of semi deviation, jensen alpha, maximum drawdown, as well as the relationship between the coefficient of variation and sortino ratio , to analyze future returns on Cbd Of.
Auto-correlation | -0.36 |
Poor reverse predictability
Cbd of Denver has poor reverse predictability. Overlapping area represents the amount of predictability between Cbd Of time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cbd of Denver price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Cbd Of price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cbd of Denver lagged returns against current returns
Autocorrelation, which is Cbd Of pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Cbd Of's pink sheet expected returns. We can calculate the autocorrelation of Cbd Of returns to help us make a trade decision. For example, suppose you find that Cbd Of has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Cbd Of regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Cbd Of pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cbd Of pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cbd Of pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Cbd Of Lagged Returns
When evaluating Cbd Of's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cbd Of pink sheet have on its future price. Cbd Of autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Cbd Of autocorrelation shows the relationship between Cbd Of pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Cbd of Denver.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Cbd Pink Sheet
Cbd Of financial ratios help investors to determine whether Cbd 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 Cbd with respect to the benefits of owning Cbd Of security.