Cannabis Sativa Stock Probability of Future OTC Stock Price Finishing Over 27.47
| CBDS Stock | USD 0.11 0.02 20.88% |
Cannabis |
Cannabis Sativa Target Price Odds to finish over 27.47
The tendency of Cannabis OTC 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 over $ 27.47 or more in 90 days |
| 0.11 | 90 days | 27.47 | close to zero percent |
Based on a normal probability distribution, the odds of Cannabis Sativa to move over $ 27.47 or more in 90 days from now is close to zero percent (This Cannabis Sativa probability density function shows the probability of Cannabis OTC Stock to fall within a particular range of prices over 90 days) . Probability of Cannabis Sativa price to stay between its current price of $ 0.11 and $ 27.47 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days Cannabis Sativa has a beta of -3.43 suggesting as returns on its benchmark rise, returns on holding Cannabis Sativa are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Cannabis Sativa is expected to outperform its benchmark. In addition to that Cannabis Sativa has an alpha of 7.8951, implying that it can generate a 7.9 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cannabis Sativa Price Density |
| Price |
Predictive Modules for Cannabis Sativa
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cannabis Sativa. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cannabis Sativa's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Cannabis Sativa Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cannabis Sativa is not an exception. The market had few large corrections towards the Cannabis Sativa'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 Cannabis Sativa, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cannabis Sativa within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 7.90 | |
β | Beta against Dow Jones | -3.43 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | 0.27 |
Cannabis Sativa 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 Cannabis Sativa for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cannabis Sativa can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cannabis Sativa is way too risky over 90 days horizon | |
| Cannabis Sativa has some characteristics of a very speculative penny stock | |
| Cannabis Sativa appears to be risky and price may revert if volatility continues | |
| Cannabis Sativa has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 1.84 M. Net Loss for the year was (2.45 M) with profit before overhead, payroll, taxes, and interest of 1.14 M. | |
| Cannabis Sativa currently holds about 507.7 K in cash with (245.99 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 39.0% of the company shares are held by company insiders |
Cannabis Sativa 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 Cannabis OTC Stock often depends not only on the future outlook of the current and potential Cannabis Sativa'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. Cannabis Sativa's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 30.7 M |
Cannabis Sativa Technical Analysis
Cannabis Sativa's future price can be derived by breaking down and analyzing its technical indicators over time. Cannabis OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cannabis Sativa. In general, you should focus on analyzing Cannabis OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Cannabis Sativa Predictive Forecast Models
Cannabis Sativa's time-series forecasting models is one of many Cannabis Sativa's otc 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 Cannabis Sativa'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 otc stock market movement and maximize returns from investment trading.
Things to note about Cannabis Sativa
Checking the ongoing alerts about Cannabis Sativa for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cannabis Sativa help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cannabis Sativa is way too risky over 90 days horizon | |
| Cannabis Sativa has some characteristics of a very speculative penny stock | |
| Cannabis Sativa appears to be risky and price may revert if volatility continues | |
| Cannabis Sativa has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 1.84 M. Net Loss for the year was (2.45 M) with profit before overhead, payroll, taxes, and interest of 1.14 M. | |
| Cannabis Sativa currently holds about 507.7 K in cash with (245.99 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 39.0% of the company shares are held by company insiders |
Additional Tools for Cannabis OTC Stock Analysis
When running Cannabis Sativa's price analysis, check to measure Cannabis Sativa'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 Cannabis Sativa is operating at the current time. Most of Cannabis Sativa's value examination focuses on studying past and present price action to predict the probability of Cannabis Sativa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cannabis Sativa's price. Additionally, you may evaluate how the addition of Cannabis Sativa to your portfolios can decrease your overall portfolio volatility.