Canadabis Capital Stock Probability of Future Stock Price Finishing Over 0.045
| CANB Stock | CAD 0.04 0.00 0.00% |
CanadaBis |
CanadaBis Capital Target Price Odds to finish over 0.045
The tendency of CanadaBis Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 0.04 | 90 days | 0.04 | about 66.38 |
Based on a normal probability distribution, the odds of CanadaBis Capital to move above the current price in 90 days from now is about 66.38 (This CanadaBis Capital probability density function shows the probability of CanadaBis Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon CanadaBis Capital has a beta of 0.32 suggesting as returns on the market go up, CanadaBis Capital average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CanadaBis Capital will be expected to be much smaller as well. Additionally CanadaBis Capital has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. CanadaBis Capital Price Density |
| Price |
Predictive Modules for CanadaBis Capital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CanadaBis Capital. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.CanadaBis Capital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CanadaBis Capital is not an exception. The market had few large corrections towards the CanadaBis Capital's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold CanadaBis Capital, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CanadaBis Capital within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.67 | |
β | Beta against Dow Jones | 0.32 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.1 |
CanadaBis Capital Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of CanadaBis Capital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CanadaBis Capital can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CanadaBis Capital generated a negative expected return over the last 90 days | |
| CanadaBis Capital has high historical volatility and very poor performance | |
| CanadaBis Capital has some characteristics of a very speculative penny stock | |
| CanadaBis Capital has accumulated about 1.84 M in cash with (256.31 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 69.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: CanadaBis Capital Achieves Positive Q3 2025 Financial Results Amid Market Challenges - TipRanks |
CanadaBis Capital Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of CanadaBis Stock often depends not only on the future outlook of the current and potential CanadaBis Capital's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. CanadaBis Capital's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 138.3 M |
CanadaBis Capital Technical Analysis
CanadaBis Capital's future price can be derived by breaking down and analyzing its technical indicators over time. CanadaBis Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CanadaBis Capital. In general, you should focus on analyzing CanadaBis Stock price patterns and their correlations with different microeconomic environments and drivers.
CanadaBis Capital Predictive Forecast Models
CanadaBis Capital's time-series forecasting models is one of many CanadaBis Capital's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary CanadaBis Capital's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about CanadaBis Capital
Checking the ongoing alerts about CanadaBis Capital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CanadaBis Capital help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CanadaBis Capital generated a negative expected return over the last 90 days | |
| CanadaBis Capital has high historical volatility and very poor performance | |
| CanadaBis Capital has some characteristics of a very speculative penny stock | |
| CanadaBis Capital has accumulated about 1.84 M in cash with (256.31 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 69.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: CanadaBis Capital Achieves Positive Q3 2025 Financial Results Amid Market Challenges - TipRanks |
Additional Tools for CanadaBis Stock Analysis
When running CanadaBis Capital's price analysis, check to measure CanadaBis Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CanadaBis Capital is operating at the current time. Most of CanadaBis Capital's value examination focuses on studying past and present price action to predict the probability of CanadaBis Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CanadaBis Capital's price. Additionally, you may evaluate how the addition of CanadaBis Capital to your portfolios can decrease your overall portfolio volatility.