BYND Cannasoft Correlations

A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BYND Cannasoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BYND Cannasoft Enterprises moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
  
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Related Correlations Analysis

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.
High positive correlations   
BASENTCT
IIIVNTCT
IIIVBASE
AVDXNN
AVDXNTCT
BASEAVDX
  
High negative correlations   
AVDXEVTC
EVTCNTCT
BASEEVTC
IIIVNN
NNEVTC
BASENN

Risk-Adjusted Indicators

There is a big difference between BYND Stock performing well and BYND Cannasoft Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze BYND Cannasoft's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
NTCT  1.40  0.01  0.00  0.00  1.79 
 2.20 
 16.99 
EVTC  1.22  0.13  0.10  0.22  1.27 
 1.72 
 18.48 
MRDB  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
NN  3.84 (0.31) 0.00 (0.19) 0.00 
 7.24 
 27.73 
ESMT  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
AVDX  1.97 (0.27) 0.00 (0.25) 0.00 
 3.09 
 23.74 
FORG  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
LVOX  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
BASE  2.26 (0.07) 0.00 (0.06) 0.00 
 3.91 
 22.01 
IIIV  1.58  0.09  0.05  0.11  1.79 
 2.67 
 13.80 

Delisting Warning - BCAN

BYND Cannasoft Enter was delisted

The entity BYND Cannasoft Enterprises with a symbol BCAN was delisted from NASDAQ Exchange. Please try Femto Technologies with a symbol FMTO from now on. Check all delisted instruments accross multiple markets.

BYND Cannasoft Corporate Executives

Elected by the shareholders, the BYND Cannasoft's board of directors comprises two types of representatives: BYND Cannasoft inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BYND. The board's role is to monitor BYND Cannasoft's management team and ensure that shareholders' interests are well served. BYND Cannasoft's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, BYND Cannasoft's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gabriel CPASecretary CFOProfile

Still Interested in BYND Cannasoft Enterprises?

Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.