Canna Consumer Goods Stock Technical Analysis
| CBMJ Stock | USD 0.13 0.01 7.14% |
As of the 16th of December 2024, Canna Consumer shows the Risk Adjusted Performance of 0.0501, mean deviation of 7.82, and Downside Deviation of 14.04. Canna Consumer Goods technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.
Canna Consumer Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Canna, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CannaCanna |
Canna Consumer technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Canna Consumer Goods Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Canna Consumer Goods volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Canna Consumer Goods Trend Analysis
Use this graph to draw trend lines for Canna Consumer Goods. You can use it to identify possible trend reversals for Canna Consumer as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Canna Consumer price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Canna Consumer Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Canna Consumer Goods applied against its price change over selected period. The best fit line has a slop of 0.0002 , which may suggest that Canna Consumer Goods market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Canna Consumer price change compared to its average price change.About Canna Consumer Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Canna Consumer Goods on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Canna Consumer Goods based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Canna Consumer Goods price pattern first instead of the macroeconomic environment surrounding Canna Consumer Goods. By analyzing Canna Consumer's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Canna Consumer's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Canna Consumer specific price patterns or momentum indicators. Please read more on our technical analysis page.
Canna Consumer December 16, 2024 Technical Indicators
Most technical analysis of Canna help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Canna from various momentum indicators to cycle indicators. When you analyze Canna charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Risk Adjusted Performance | 0.0501 | |||
| Market Risk Adjusted Performance | 0.3303 | |||
| Mean Deviation | 7.82 | |||
| Semi Deviation | 8.23 | |||
| Downside Deviation | 14.04 | |||
| Coefficient Of Variation | 1782.87 | |||
| Standard Deviation | 11.77 | |||
| Variance | 138.58 | |||
| Information Ratio | 0.0476 | |||
| Jensen Alpha | 0.4673 | |||
| Total Risk Alpha | (0.81) | |||
| Sortino Ratio | 0.0399 | |||
| Treynor Ratio | 0.3203 | |||
| Maximum Drawdown | 53.57 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 27.27 | |||
| Downside Variance | 197.07 | |||
| Semi Variance | 67.7 | |||
| Expected Short fall | (16.79) | |||
| Skewness | 0.6042 | |||
| Kurtosis | 0.7737 |
Other Information on Investing in Canna Pink Sheet
Canna Consumer financial ratios help investors to determine whether Canna 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 Canna with respect to the benefits of owning Canna Consumer security.