Cannabis Global Stock Market Value
Cannabis Global's market value is the price at which a share of Cannabis Global trades on a public exchange. It measures the collective expectations of Cannabis Global investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Cannabis Global and determine expected loss or profit from investing in Cannabis Global over a given investment horizon. Check out Cannabis Global Correlation, Cannabis Global Volatility and Cannabis Global Alpha and Beta module to complement your research on Cannabis Global.
| Symbol | Cannabis |
Cannabis Global '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 Cannabis Global's 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 Cannabis Global.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Cannabis Global on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Cannabis Global or generate 0.0% return on investment in Cannabis Global over 90 days. Cannabis Global, Inc. focuses on the creating and commercialization of engineered technologies to deliver hemp extracts ... More
Cannabis Global 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 Cannabis Global's 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 Cannabis Global upside and downside potential and time the market with a certain degree of confidence.
Cannabis Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cannabis Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cannabis Global's standard deviation. In reality, there are many statistical measures that can use Cannabis Global historical prices to predict the future Cannabis Global's volatility.Cannabis Global Backtested Returns
Cannabis Global secures Sharpe Ratio (or Efficiency) of 0.31, which signifies that the company had a 0.31 % return per unit of risk over the last 3 months. We were able to analyze and collect data for zero different technical indicators, which can help you to evaluate if expected returns of 101.64% are justified by taking the suggested risk. 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 Cannabis Global are completely uncorrelated.
Auto-correlation | -0.08 |
Very weak reverse predictability
Cannabis Global has very weak reverse predictability. Overlapping area represents the amount of predictability between Cannabis Global time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cannabis Global price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Cannabis Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cannabis Global lagged returns against current returns
Autocorrelation, which is Cannabis Global 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 Cannabis Global's pink sheet expected returns. We can calculate the autocorrelation of Cannabis Global returns to help us make a trade decision. For example, suppose you find that Cannabis Global 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 |
Cannabis Global 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 Cannabis Global pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cannabis Global pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cannabis Global pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Cannabis Global Lagged Returns
When evaluating Cannabis Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cannabis Global pink sheet have on its future price. Cannabis Global 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, Cannabis Global autocorrelation shows the relationship between Cannabis Global pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Cannabis Global.
Regressed Prices |
| Timeline |
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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.