GB Sciences' market value is the price at which a share of GB Sciences trades on a public exchange. It measures the collective expectations of GB Sciences investors about its performance. GB Sciences is trading at 0.005 as of the 18th of January 2025; that is 11.11 percent increase since the beginning of the trading day. The stock's open price was 0.0045. With this module, you can estimate the performance of a buy and hold strategy of GB Sciences and determine expected loss or profit from investing in GB Sciences over a given investment horizon. Check out GB Sciences Correlation, GB Sciences Volatility and GB Sciences Alpha and Beta module to complement your research on GB Sciences.
Please note, there is a significant difference between GB Sciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if GB Sciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GB Sciences' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
GB Sciences '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 GB Sciences' 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 GB Sciences.
0.00
12/19/2024
No Change 0.00
0.0
In 31 days
01/18/2025
0.00
If you would invest 0.00 in GB Sciences on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding GB Sciences or generate 0.0% return on investment in GB Sciences over 30 days. GB Sciences is related to or competes with Anavex Life, Annovis Bio, Iovance Biotherapeutics, Axsome Therapeutics, and Novavax. GB Sciences, Inc. engages in the research and development of plant-based medicines in North America and Europe More
GB Sciences 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 GB Sciences' 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 GB Sciences upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for GB Sciences' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GB Sciences' standard deviation. In reality, there are many statistical measures that can use GB Sciences historical prices to predict the future GB Sciences' volatility.
GB Sciences is out of control given 3 months investment horizon. GB Sciences retains Efficiency (Sharpe Ratio) of 0.18, which attests that the company had a 0.18% return per unit of price deviation over the last 3 months. We were able to break down and interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 24.52% are justified by taking the suggested risk. Use GB Sciences Standard Deviation of 604.86, market risk adjusted performance of (2.00), and Semi Deviation of 21.23 to evaluate company specific risk that cannot be diversified away. GB Sciences holds a performance score of 13 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of -39.72, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning GB Sciences are expected to decrease by larger amounts. On the other hand, during market turmoil, GB Sciences is expected to outperform it. Use GB Sciences information ratio and the relationship between the value at risk and price action indicator , to analyze future returns on GB Sciences.
Auto-correlation
-0.51
Good reverse predictability
GB Sciences has good reverse predictability. Overlapping area represents the amount of predictability between GB Sciences time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 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 GB Sciences price movement. The serial correlation of -0.51 indicates that about 51.0% of current GB Sciences price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.51
Spearman Rank Test
-0.1
Residual Average
0.0
Price Variance
0.0
GB Sciences lagged returns against current returns
Autocorrelation, which is GB Sciences 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 GB Sciences' pink sheet expected returns. We can calculate the autocorrelation of GB Sciences returns to help us make a trade decision. For example, suppose you find that GB Sciences 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
GB Sciences 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 GB Sciences pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GB Sciences pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GB Sciences pink sheet over time.
Current vs Lagged Prices
Timeline
GB Sciences Lagged Returns
When evaluating GB Sciences' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GB Sciences pink sheet have on its future price. GB Sciences 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, GB Sciences autocorrelation shows the relationship between GB Sciences pink sheet current value and its past values and can show if there is a momentum factor associated with investing in GB Sciences.
Regressed Prices
Timeline
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When running GB Sciences' price analysis, check to measure GB Sciences' 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 GB Sciences is operating at the current time. Most of GB Sciences' value examination focuses on studying past and present price action to predict the probability of GB Sciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GB Sciences' price. Additionally, you may evaluate how the addition of GB Sciences to your portfolios can decrease your overall portfolio volatility.