Cannabis Suisse Corp Stock Market Value
| CSUI Stock | USD 0.01 0.01 62.88% |
| Symbol | Cannabis |
Cannabis Suisse '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 Cannabis Suisse'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 Cannabis Suisse.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Cannabis Suisse on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Cannabis Suisse Corp or generate 0.0% return on investment in Cannabis Suisse over 30 days. Cannabis Suisse is related to or competes with MERCK Kommanditgesells. Cannabis Suisse Corp. engages in the cultivation, production, and distribution of over-the-counter products, recreationa... More
Cannabis Suisse 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 Cannabis Suisse'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 Cannabis Suisse Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 44.39 | |||
| Information Ratio | 0.1248 | |||
| Maximum Drawdown | 473.73 | |||
| Value At Risk | (54.89) | |||
| Potential Upside | 124.0 |
Cannabis Suisse Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cannabis Suisse's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cannabis Suisse's standard deviation. In reality, there are many statistical measures that can use Cannabis Suisse historical prices to predict the future Cannabis Suisse's volatility.| Risk Adjusted Performance | 0.1071 | |||
| Jensen Alpha | 9.66 | |||
| Total Risk Alpha | (2.11) | |||
| Sortino Ratio | 0.1923 | |||
| Treynor Ratio | (1.05) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cannabis Suisse'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.
Cannabis Suisse Corp Backtested Returns
Cannabis Suisse is out of control given 3 months investment horizon. Cannabis Suisse Corp secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We are able to break down and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 9.64% are justified by taking the suggested risk. Use Cannabis Suisse Risk Adjusted Performance of 0.1071, mean deviation of 30.14, and Downside Deviation of 44.39 to evaluate company specific risk that cannot be diversified away. Cannabis Suisse holds a performance score of 11 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -8.28, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Cannabis Suisse are expected to decrease by larger amounts. On the other hand, during market turmoil, Cannabis Suisse is expected to outperform it. Use Cannabis Suisse treynor ratio and the relationship between the semi variance and relative strength index , to analyze future returns on Cannabis Suisse.
Auto-correlation | 0.53 |
Modest predictability
Cannabis Suisse Corp has modest predictability. Overlapping area represents the amount of predictability between Cannabis Suisse time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Cannabis Suisse Corp price movement. The serial correlation of 0.53 indicates that about 53.0% of current Cannabis Suisse price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cannabis Suisse Corp lagged returns against current returns
Autocorrelation, which is Cannabis Suisse 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 Cannabis Suisse's pink sheet expected returns. We can calculate the autocorrelation of Cannabis Suisse returns to help us make a trade decision. For example, suppose you find that Cannabis Suisse 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 |
Cannabis Suisse 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 Cannabis Suisse pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cannabis Suisse pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cannabis Suisse pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Cannabis Suisse Lagged Returns
When evaluating Cannabis Suisse's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cannabis Suisse pink sheet have on its future price. Cannabis Suisse 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, Cannabis Suisse autocorrelation shows the relationship between Cannabis Suisse pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Cannabis Suisse Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Cannabis Pink Sheet
Cannabis Suisse 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 Suisse security.