Cbdmd Inc Preferred Stock Market Value
| YCBD-PA Preferred Stock | USD 0.80 0.07 9.59% |
| Symbol | CbdMD |
CbdMD '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 CbdMD's preferred 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 CbdMD.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in CbdMD on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding cbdMD Inc or generate 0.0% return on investment in CbdMD over 30 days. CbdMD is related to or competes with CbdMD, FAT Brands, Fortress Biotech, HUMANA, Barloworld, Morningstar Unconstrained, and High-yield Municipal. cbdMD, Inc. produces and distributes various cannabidiol products More
CbdMD 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 CbdMD's preferred 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 cbdMD Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.88 | |||
| Information Ratio | 0.1717 | |||
| Maximum Drawdown | 36.89 | |||
| Value At Risk | (6.76) | |||
| Potential Upside | 15.63 |
CbdMD Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CbdMD's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CbdMD's standard deviation. In reality, there are many statistical measures that can use CbdMD historical prices to predict the future CbdMD's volatility.| Risk Adjusted Performance | 0.158 | |||
| Jensen Alpha | 1.1 | |||
| Total Risk Alpha | 0.1556 | |||
| Sortino Ratio | 0.2052 | |||
| Treynor Ratio | 4.26 |
cbdMD Inc Backtested Returns
CbdMD appears to be abnormally volatile, given 3 months investment horizon. cbdMD Inc secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of standard deviation over the last 3 months. By analyzing CbdMD's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please makes use of CbdMD's Semi Deviation of 3.32, mean deviation of 3.79, and Risk Adjusted Performance of 0.158 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CbdMD holds a performance score of 9. The firm shows a Beta (market volatility) of 0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CbdMD's returns are expected to increase less than the market. However, during the bear market, the loss of holding CbdMD is expected to be smaller as well. Please check CbdMD's jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to make a quick decision on whether CbdMD's price patterns will revert.
Auto-correlation | 0.51 |
Modest predictability
cbdMD Inc has modest predictability. Overlapping area represents the amount of predictability between CbdMD time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd 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 cbdMD Inc price movement. The serial correlation of 0.51 indicates that about 51.0% of current CbdMD price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
cbdMD Inc lagged returns against current returns
Autocorrelation, which is CbdMD preferred 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 CbdMD's preferred stock expected returns. We can calculate the autocorrelation of CbdMD returns to help us make a trade decision. For example, suppose you find that CbdMD has exhibited high autocorrelation historically, and you observe that the preferred 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 |
CbdMD 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 CbdMD preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CbdMD preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CbdMD preferred stock over time.
Current vs Lagged Prices |
| Timeline |
CbdMD Lagged Returns
When evaluating CbdMD's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CbdMD preferred stock have on its future price. CbdMD 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, CbdMD autocorrelation shows the relationship between CbdMD preferred stock current value and its past values and can show if there is a momentum factor associated with investing in cbdMD Inc.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in CbdMD Preferred Stock
CbdMD financial ratios help investors to determine whether CbdMD Preferred 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 CbdMD with respect to the benefits of owning CbdMD security.