Charlottes Web Holdings Stock Market Value
| CWBHF Stock | USD 0.13 0.01 7.14% |
| Symbol | Charlottes |
Charlottes Web '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 Charlottes Web's otc stock 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 Charlottes Web.
| 10/31/2023 |
| 11/24/2024 |
If you would invest 0.00 in Charlottes Web on October 31, 2023 and sell it all today you would earn a total of 0.00 from holding Charlottes Web Holdings or generate 0.0% return on investment in Charlottes Web over 390 days. Charlottes Web Holdings, Inc. engages in farming, manufacturing, marketing, and selling hemp-derived cannabidiol wellnes... More
Charlottes Web 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 Charlottes Web's otc stock 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 Charlottes Web Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 21.03 | |||
| Value At Risk | (7.14) | |||
| Potential Upside | 7.69 |
Charlottes Web Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Charlottes Web's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Charlottes Web's standard deviation. In reality, there are many statistical measures that can use Charlottes Web historical prices to predict the future Charlottes Web's volatility.| Risk Adjusted Performance | 0.0066 | |||
| Jensen Alpha | 0.0186 | |||
| Total Risk Alpha | (0.73) | |||
| Treynor Ratio | 0.0626 |
Charlottes Web Holdings Backtested Returns
Charlottes Web Holdings secures Sharpe Ratio (or Efficiency) of -0.0022, which signifies that the company had a -0.0022% return per unit of standard deviation over the last 3 months. Charlottes Web Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Charlottes Web's mean deviation of 2.68, and Risk Adjusted Performance of 0.0066 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.32, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Charlottes Web are expected to decrease at a much lower rate. During the bear market, Charlottes Web is likely to outperform the market. At this point, Charlottes Web Holdings has a negative expected return of -0.0101%. Please make sure to confirm Charlottes Web's coefficient of variation, value at risk, rate of daily change, as well as the relationship between the total risk alpha and kurtosis , to decide if Charlottes Web Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.41 |
Average predictability
Charlottes Web Holdings has average predictability. Overlapping area represents the amount of predictability between Charlottes Web time series from 31st of October 2023 to 13th of May 2024 and 13th of May 2024 to 24th 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 Charlottes Web Holdings price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Charlottes Web price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Charlottes Web Holdings lagged returns against current returns
Autocorrelation, which is Charlottes Web otc stock'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 Charlottes Web's otc stock expected returns. We can calculate the autocorrelation of Charlottes Web returns to help us make a trade decision. For example, suppose you find that Charlottes Web has exhibited high autocorrelation historically, and you observe that the otc stock 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 |
Charlottes Web 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 Charlottes Web otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Charlottes Web otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Charlottes Web otc stock over time.
Current vs Lagged Prices |
| Timeline |
Charlottes Web Lagged Returns
When evaluating Charlottes Web's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Charlottes Web otc stock have on its future price. Charlottes Web 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, Charlottes Web autocorrelation shows the relationship between Charlottes Web otc stock current value and its past values and can show if there is a momentum factor associated with investing in Charlottes Web Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Charlottes OTC Stock
Charlottes Web financial ratios help investors to determine whether Charlottes OTC Stock 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 Charlottes with respect to the benefits of owning Charlottes Web security.