Cbdmd Inc Stock Market Value
| YCBD Stock | USD 0.47 0.01 2.17% |
| Symbol | CbdMD |
cbdMD Inc Price To Book Ratio
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CbdMD. If investors know CbdMD will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CbdMD listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (10.90) | Revenue Per Share 7.06 | Quarterly Revenue Growth (0.15) | Return On Assets (0.16) | Return On Equity (1.35) |
The market value of cbdMD Inc is measured differently than its book value, which is the value of CbdMD that is recorded on the company's balance sheet. Investors also form their own opinion of CbdMD's value that differs from its market value or its book value, called intrinsic value, which is CbdMD's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CbdMD's market value can be influenced by many factors that don't directly affect CbdMD's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CbdMD's value and its price as these two are different measures arrived at by different means. Investors typically determine if CbdMD is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CbdMD's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
CbdMD '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 CbdMD's 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 CbdMD.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in CbdMD on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding cbdMD Inc or generate 0.0% return on investment in CbdMD over 30 days. CbdMD is related to or competes with Trulieve Cannabis, Curaleaf Holdings, Green Thumb, China Pharma, China SXT, Petros Pharmaceuticals, and Grown Rogue. cbdMD, Inc. produces and distributes various cannabidiol products More
CbdMD 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 CbdMD's 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 cbdMD Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 28.6 | |||
| Value At Risk | (7.41) | |||
| Potential Upside | 6.38 |
CbdMD Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CbdMD's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CbdMD's standard deviation. In reality, there are many statistical measures that can use CbdMD historical prices to predict the future CbdMD's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.78) | |||
| Treynor Ratio | 0.1774 |
cbdMD Inc Backtested Returns
cbdMD Inc secures Sharpe Ratio (or Efficiency) of -0.0377, which signifies that the company had a -0.0377% return per unit of standard deviation over the last 3 months. cbdMD Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CbdMD's Mean Deviation of 3.18, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,756) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.0, which signifies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning CbdMD are expected to decrease slowly. On the other hand, during market turmoil, CbdMD is expected to outperform it slightly. At this point, cbdMD Inc has a negative expected return of -0.18%. Please make sure to confirm CbdMD's treynor ratio, accumulation distribution, price action indicator, as well as the relationship between the potential upside and day median price , to decide if cbdMD Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.10 |
Insignificant predictability
cbdMD Inc has insignificant predictability. Overlapping area represents the amount of predictability between CbdMD time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 cbdMD Inc price movement. The serial correlation of 0.1 indicates that less than 10.0% of current CbdMD price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
cbdMD Inc lagged returns against current returns
Autocorrelation, which is CbdMD 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 CbdMD's stock expected returns. We can calculate the autocorrelation of CbdMD returns to help us make a trade decision. For example, suppose you find that CbdMD has exhibited high autocorrelation historically, and you observe that the 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 |
CbdMD 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 CbdMD stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CbdMD stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CbdMD stock over time.
Current vs Lagged Prices |
| Timeline |
CbdMD Lagged Returns
When evaluating CbdMD's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CbdMD stock have on its future price. CbdMD 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, CbdMD autocorrelation shows the relationship between CbdMD stock current value and its past values and can show if there is a momentum factor associated with investing in cbdMD Inc.
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.When determining whether cbdMD Inc is a strong investment it is important to analyze CbdMD's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CbdMD's future performance. For an informed investment choice regarding CbdMD Stock, refer to the following important reports:Check out CbdMD Correlation, CbdMD Volatility and CbdMD Alpha and Beta module to complement your research on CbdMD. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
CbdMD technical 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, stock market cycles, or different charting patterns.