Decibel Cannabis Stock Price History

DB Stock  CAD 0.07  0.01  6.67%   
Below is the normalized historical share price chart for Decibel Cannabis extending back to September 09, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Decibel Cannabis stands at 0.07, as last reported on the 13th of December 2024, with the highest price reaching 0.07 and the lowest price hitting 0.07 during the day.
200 Day MA
0.0801
50 Day MA
0.0618
Beta
1.029
 
Covid
If you're considering investing in Decibel Stock, it is important to understand the factors that can impact its price. Decibel Cannabis appears to be out of control, given 3 months investment horizon. Decibel Cannabis secures Sharpe Ratio (or Efficiency) of 0.0357, which denotes the company had a 0.0357% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Decibel Cannabis, which you can use to evaluate the volatility of the firm. Please utilize Decibel Cannabis' Downside Deviation of 9.68, semi deviation of 4.99, and Mean Deviation of 4.5 to check if our risk estimates are consistent with your expectations.
  
At this time, Decibel Cannabis' Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to climb to about 170.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop 1,710 in 2024. . At this time, Decibel Cannabis' Price Book Value Ratio is fairly stable compared to the past year. Price To Operating Cash Flows Ratio is likely to climb to 7.87 in 2024, whereas Price Earnings Ratio is likely to drop (31.48) in 2024. Decibel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0357

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsDB
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 7.48
  actual daily
66
66% of assets are less volatile

Expected Return

 0.27
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
2
98% of assets perform better
Based on monthly moving average Decibel Cannabis is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Decibel Cannabis by adding it to a well-diversified portfolio.
Price Book
0.9491
Enterprise Value Ebitda
12.7396
Price Sales
0.3823
Shares Float
382.8 M
Wall Street Target Price
0.3

Decibel Cannabis Stock Price History Chart

There are several ways to analyze Decibel Stock price data. The simplest method is using a basic Decibel candlestick price chart, which shows Decibel Cannabis price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 4, 20240.085
Lowest PriceOctober 23, 20240.045

Decibel Cannabis December 13, 2024 Stock Price Synopsis

Various analyses of Decibel Cannabis' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Decibel Stock. It can be used to describe the percentage change in the price of Decibel Cannabis from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Decibel Stock.
Decibel Cannabis Accumulation Distribution 16,040 
Decibel Cannabis Price Rate Of Daily Change 0.93 
Decibel Cannabis Price Daily Balance Of Power(1.00)

Decibel Cannabis December 13, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Decibel Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Decibel Cannabis intraday prices and daily technical indicators to check the level of noise trading in Decibel Stock and then apply it to test your longer-term investment strategies against Decibel.

Decibel Stock Price History Data

The price series of Decibel Cannabis for the period between Sat, Sep 14, 2024 and Fri, Dec 13, 2024 has a statistical range of 0.04 with a coefficient of variation of 15.44. Under current investment horizon, the daily prices are spread out with arithmetic mean of 0.06. The median price for the last 90 days is 0.07. The company completed 1:2 stock split on 9th of January 2019. Decibel Cannabis completed dividends distribution on 2019-01-09.
OpenHighLowCloseVolume
12/12/2024 0.07  0.07  0.07  0.07  240,600 
12/11/2024 0.07  0.07  0.07  0.07  364,021 
12/10/2024 0.07  0.07  0.07  0.07  214,500 
12/09/2024 0.07  0.07  0.07  0.07  668,690 
12/06/2024 0.07  0.07  0.06  0.06  193,980 
12/05/2024 0.07  0.07  0.07  0.07  20,000 
12/04/2024 0.07  0.07  0.07  0.07  620,000 
12/03/2024 0.07  0.07  0.07  0.07  223,800 
12/02/2024 0.07  0.07  0.06  0.07  1,164,500 
11/29/2024 0.07  0.07  0.06  0.07  36,000 
11/28/2024 0.07  0.07  0.07  0.07  1.00 
11/27/2024 0.07  0.07  0.07  0.07  2,000 
11/26/2024 0.06  0.07  0.06  0.06  78,000 
11/25/2024 0.07  0.07  0.06  0.06  73,993 
11/22/2024 0.07  0.07  0.06  0.07  453,584 
11/21/2024 0.07  0.07  0.07  0.07  162,000 
11/20/2024 0.06  0.07  0.06  0.07  233,000 
11/19/2024 0.07  0.07  0.07  0.07  8,200 
11/18/2024 0.07  0.07  0.07  0.07  321,400 
11/15/2024 0.07  0.07  0.07  0.07  278,505 
11/14/2024 0.08  0.08  0.07  0.07  270,650 
11/13/2024 0.07  0.07  0.07  0.07  31,064 
11/12/2024 0.08  0.08  0.08  0.08  147,300 
11/11/2024 0.07  0.08  0.07  0.08  195,665 
11/08/2024 0.08  0.08  0.07  0.07  15,075 
11/07/2024 0.07  0.07  0.07  0.07  55,760 
11/06/2024 0.07  0.08  0.07  0.07  549,300 
11/05/2024 0.09  0.09  0.09  0.09  106,101 
11/04/2024 0.07  0.09  0.07  0.09  521,248 
11/01/2024 0.06  0.07  0.06  0.07  355,819 
10/31/2024 0.07  0.07  0.06  0.07  1,046,769 
10/30/2024 0.06  0.07  0.06  0.07  533,445 
10/29/2024 0.06  0.06  0.06  0.06  537,853 
10/28/2024 0.05  0.06  0.04  0.06  2,375,032 
10/25/2024 0.05  0.05  0.05  0.05  78,100 
10/24/2024 0.04  0.05  0.04  0.04  61,052 
10/23/2024 0.05  0.05  0.04  0.04  175,650 
10/22/2024 0.04  0.05  0.04  0.05  55,006 
10/21/2024 0.04  0.05  0.04  0.05  737,800 
10/18/2024 0.05  0.05  0.05  0.05  39,000 
10/17/2024 0.05  0.05  0.05  0.05  56,600 
10/16/2024 0.05  0.06  0.05  0.05  68,679 
10/15/2024 0.05  0.05  0.05  0.05  102,900 
10/11/2024 0.05  0.06  0.05  0.05  363,610 
10/10/2024 0.05  0.06  0.05  0.05  21,000 
10/09/2024 0.06  0.06  0.05  0.05  218,000 
10/08/2024 0.05  0.05  0.05  0.05  412,900 
10/07/2024 0.06  0.06  0.05  0.05  157,291 
10/04/2024 0.06  0.06  0.05  0.05  8,500 
10/03/2024 0.06  0.06  0.05  0.06  463,300 
10/02/2024 0.05  0.06  0.05  0.06  333,400 
10/01/2024 0.06  0.06  0.06  0.06  428,400 
09/30/2024 0.06  0.06  0.06  0.06  303,600 
09/27/2024 0.06  0.06  0.06  0.06  68,005 
09/26/2024 0.06  0.06  0.06  0.06  399,100 
09/25/2024 0.06  0.06  0.06  0.06  76,500 
09/24/2024 0.07  0.07  0.06  0.06  197,000 
09/23/2024 0.07  0.07  0.06  0.06  146,640 
09/20/2024 0.07  0.07  0.07  0.07  171,581 
09/19/2024 0.07  0.07  0.07  0.07  116,183 
09/18/2024 0.06  0.07  0.06  0.07  85,200 

About Decibel Cannabis Stock history

Decibel Cannabis investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Decibel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Decibel Cannabis will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Decibel Cannabis stock prices may prove useful in developing a viable investing in Decibel Cannabis
Last ReportedProjected for Next Year
Common Stock Shares Outstanding464.8 M488 M
Net Loss-4 M-4.2 M

Decibel Cannabis Stock Technical Analysis

Decibel Cannabis technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Decibel Cannabis technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Decibel Cannabis trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Did you try this?

Run Portfolio Manager Now

   

Portfolio Manager

State of the art Portfolio Manager to monitor and improve performance of your invested capital
All  Next Launch Module

Decibel Cannabis Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Decibel Cannabis' price direction in advance. Along with the technical and fundamental analysis of Decibel Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Decibel to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Decibel Stock Analysis

When running Decibel Cannabis' price analysis, check to measure Decibel Cannabis' 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 Decibel Cannabis is operating at the current time. Most of Decibel Cannabis' value examination focuses on studying past and present price action to predict the probability of Decibel Cannabis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Decibel Cannabis' price. Additionally, you may evaluate how the addition of Decibel Cannabis to your portfolios can decrease your overall portfolio volatility.