Cannabis Global Stock Statistic Functions Beta

CBGL Stock  USD 0.0001  0.00  0.00%   
Cannabis Global statistic functions tool provides the execution environment for running the Beta function and other technical functions against Cannabis Global. Cannabis Global value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Cannabis Global statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Cannabis Global correlated with the market. If Beta is less than 0 Cannabis Global generally moves in the opposite direction as compared to the market. If Cannabis Global Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cannabis Global is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cannabis Global is generally in the same direction as the market. If Beta > 1 Cannabis Global moves generally in the same direction as, but more than the movement of the benchmark.

Cannabis Global Technical Analysis Modules

Most technical analysis of Cannabis Global help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Cannabis from various momentum indicators to cycle indicators. When you analyze Cannabis charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Cannabis Global Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cannabis Global. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cannabis Global based on widely used predictive technical indicators. In general, we focus on analyzing Cannabis Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cannabis Global's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Cannabis Global's intrinsic value. In addition to deriving basic predictive indicators for Cannabis Global, we also check how macroeconomic factors affect Cannabis Global price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.000.00009950.01
Details
Intrinsic
Valuation
LowRealHigh
0.000.00008450.01
Details
Naive
Forecast
LowNextHigh
0.0000020.0001296.21
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.00010.00010.0001
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cannabis Global. Your research has to be compared to or analyzed against Cannabis Global's peers to derive any actionable benefits. When done correctly, Cannabis Global's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Cannabis Global.

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Other Information on Investing in Cannabis Pink Sheet

Cannabis Global 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 Global security.