Cantabio Pharmaceuticals Stock Market Value
| CTBO Stock | USD 1.01 0.00 0.00% |
| Symbol | Cantabio |
Cantabio Pharmaceuticals '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 Cantabio Pharmaceuticals' 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 Cantabio Pharmaceuticals.
| 01/17/2025 |
| 01/12/2026 |
If you would invest 0.00 in Cantabio Pharmaceuticals on January 17, 2025 and sell it all today you would earn a total of 0.00 from holding Cantabio Pharmaceuticals or generate 0.0% return on investment in Cantabio Pharmaceuticals over 360 days. Cantabio Pharmaceuticals, Inc., a preclinical stage biotechnology company, focuses on the research, development, and com... More
Cantabio Pharmaceuticals 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 Cantabio Pharmaceuticals' 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 Cantabio Pharmaceuticals upside and downside potential and time the market with a certain degree of confidence.
Cantabio Pharmaceuticals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cantabio Pharmaceuticals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cantabio Pharmaceuticals' standard deviation. In reality, there are many statistical measures that can use Cantabio Pharmaceuticals historical prices to predict the future Cantabio Pharmaceuticals' volatility.Cantabio Pharmaceuticals Backtested Returns
We have found three technical indicators for Cantabio Pharmaceuticals, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Cantabio Pharmaceuticals are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Cantabio Pharmaceuticals has no correlation between past and present. Overlapping area represents the amount of predictability between Cantabio Pharmaceuticals time series from 17th of January 2025 to 16th of July 2025 and 16th of July 2025 to 12th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cantabio Pharmaceuticals price movement. The serial correlation of 0.0 indicates that just 0.0% of current Cantabio Pharmaceuticals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cantabio Pharmaceuticals lagged returns against current returns
Autocorrelation, which is Cantabio Pharmaceuticals 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 Cantabio Pharmaceuticals' pink sheet expected returns. We can calculate the autocorrelation of Cantabio Pharmaceuticals returns to help us make a trade decision. For example, suppose you find that Cantabio Pharmaceuticals 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 |
Cantabio Pharmaceuticals 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 Cantabio Pharmaceuticals pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cantabio Pharmaceuticals pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cantabio Pharmaceuticals pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Cantabio Pharmaceuticals Lagged Returns
When evaluating Cantabio Pharmaceuticals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cantabio Pharmaceuticals pink sheet have on its future price. Cantabio Pharmaceuticals 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, Cantabio Pharmaceuticals autocorrelation shows the relationship between Cantabio Pharmaceuticals pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Cantabio Pharmaceuticals.
Regressed Prices |
| Timeline |
Other Information on Investing in Cantabio Pink Sheet
Cantabio Pharmaceuticals financial ratios help investors to determine whether Cantabio 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 Cantabio with respect to the benefits of owning Cantabio Pharmaceuticals security.