Cannabiz Mobile Stock Market Value
Cannabiz Mobile's market value is the price at which a share of Cannabiz Mobile trades on a public exchange. It measures the collective expectations of Cannabiz Mobile investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Cannabiz Mobile and determine expected loss or profit from investing in Cannabiz Mobile over a given investment horizon. Check out Cannabiz Mobile Correlation, Cannabiz Mobile Volatility and Cannabiz Mobile Alpha and Beta module to complement your research on Cannabiz Mobile.
| Symbol | Cannabiz |
Cannabiz Mobile '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 Cannabiz Mobile'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 Cannabiz Mobile.
| 11/16/2024 |
| 12/16/2024 |
If you would invest 0.00 in Cannabiz Mobile on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding Cannabiz Mobile or generate 0.0% return on investment in Cannabiz Mobile over 30 days. Cannabiz Mobile is related to or competes with Veeva Systems, GE HealthCare, M3, Solventum Corp, Doximity, and HealthEquity. Cannabiz Mobile, Inc. operates as a mobile media and marketing company for businesses in the medical marijuana industry ... More
Cannabiz Mobile 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 Cannabiz Mobile'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 Cannabiz Mobile upside and downside potential and time the market with a certain degree of confidence.
Cannabiz Mobile Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cannabiz Mobile's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cannabiz Mobile's standard deviation. In reality, there are many statistical measures that can use Cannabiz Mobile historical prices to predict the future Cannabiz Mobile's volatility.Cannabiz Mobile Backtested Returns
We have found zero technical indicators for Cannabiz Mobile, which you can use to evaluate the volatility of the firm. 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 Cannabiz Mobile are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Cannabiz Mobile has no correlation between past and present. Overlapping area represents the amount of predictability between Cannabiz Mobile time series from 16th of November 2024 to 1st of December 2024 and 1st of December 2024 to 16th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cannabiz Mobile price movement. The serial correlation of 0.0 indicates that just 0.0% of current Cannabiz Mobile price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cannabiz Mobile lagged returns against current returns
Autocorrelation, which is Cannabiz Mobile 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 Cannabiz Mobile's pink sheet expected returns. We can calculate the autocorrelation of Cannabiz Mobile returns to help us make a trade decision. For example, suppose you find that Cannabiz Mobile 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 |
Cannabiz Mobile 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 Cannabiz Mobile pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cannabiz Mobile pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cannabiz Mobile pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Cannabiz Mobile Lagged Returns
When evaluating Cannabiz Mobile's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cannabiz Mobile pink sheet have on its future price. Cannabiz Mobile 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, Cannabiz Mobile autocorrelation shows the relationship between Cannabiz Mobile pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Cannabiz Mobile.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Cannabiz Pink Sheet
Cannabiz Mobile financial ratios help investors to determine whether Cannabiz 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 Cannabiz with respect to the benefits of owning Cannabiz Mobile security.