C21 Investments Stock Market Value
| CXXIF Stock | USD 0.14 0.01 6.67% |
| Symbol | C21 |
C21 Investments '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 C21 Investments' otc stock 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 C21 Investments.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in C21 Investments on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding C21 Investments or generate 0.0% return on investment in C21 Investments over 90 days. C21 Investments is related to or competes with Avicanna, Grown Rogue, and Goodness Growth. C21 Investments Inc., an integrated cannabis company, cultivates, processes, distributes, and sells cannabis and hemp-de... More
C21 Investments 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 C21 Investments' otc stock 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 C21 Investments upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 32.65 | |||
| Value At Risk | (10.53) | |||
| Potential Upside | 11.76 |
C21 Investments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for C21 Investments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as C21 Investments' standard deviation. In reality, there are many statistical measures that can use C21 Investments historical prices to predict the future C21 Investments' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | 0.6208 | |||
| Treynor Ratio | (0.25) |
C21 Investments Backtested Returns
C21 Investments retains Efficiency (Sharpe Ratio) of -0.0487, which signifies that the company had a -0.0487 % return per unit of price deviation over the last 3 months. C21 Investments exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm C21 Investments' Variance of 39.14, information ratio of (0.05), and Market Risk Adjusted Performance of (0.24) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 1.73, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, C21 Investments will likely underperform. At this point, C21 Investments has a negative expected return of -0.31%. Please make sure to confirm C21 Investments' standard deviation and the relationship between the total risk alpha and day typical price , to decide if C21 Investments performance from the past will be repeated sooner or later.
Auto-correlation | 0.10 |
Insignificant predictability
C21 Investments has insignificant predictability. Overlapping area represents the amount of predictability between C21 Investments time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 C21 Investments price movement. The serial correlation of 0.1 indicates that less than 10.0% of current C21 Investments price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
C21 Investments lagged returns against current returns
Autocorrelation, which is C21 Investments otc stock'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 C21 Investments' otc stock expected returns. We can calculate the autocorrelation of C21 Investments returns to help us make a trade decision. For example, suppose you find that C21 Investments has exhibited high autocorrelation historically, and you observe that the otc stock 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 |
C21 Investments 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 C21 Investments otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if C21 Investments otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in C21 Investments otc stock over time.
Current vs Lagged Prices |
| Timeline |
C21 Investments Lagged Returns
When evaluating C21 Investments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of C21 Investments otc stock have on its future price. C21 Investments 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, C21 Investments autocorrelation shows the relationship between C21 Investments otc stock current value and its past values and can show if there is a momentum factor associated with investing in C21 Investments.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in C21 OTC Stock
C21 Investments financial ratios help investors to determine whether C21 OTC Stock 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 C21 with respect to the benefits of owning C21 Investments security.