1606 Corp Stock Price on October 1, 2024

CBDW Stock   0.02  0  7.59%   
If you're considering investing in 1606 Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of 1606 Corp stands at 0.02, as last reported on the 11th of October 2024, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. 1606 Corp retains Efficiency (Sharpe Ratio) of -0.0388, which signifies that the company had a -0.0388% return per unit of price deviation over the last 3 months. 1606 Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 1606 Corp's Variance of 344.45, information ratio of (0.05), and Market Risk Adjusted Performance of 0.2405 to double-check the risk estimate we provide.
  
1606 Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0388

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

Estimated Market Risk

 18.86
  actual daily
96
96% of assets are less volatile

Expected Return

 -0.73
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average 1606 Corp is not performing at its full potential. However, 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 1606 Corp by adding 1606 Corp to a well-diversified portfolio.

Related Headline

Universal Headline on 1st of October 2024

Filed transaction by Universal Director, Officer: Chairman, President & Ceo. Grant, award or other acquisition pursuant to Rule 16b-3(d)

1606 Corp Valuation on October 1, 2024

It is possible to determine the worth of 1606 Corp on a given historical date. On October 1, 2024 1606 was worth 0.02 at the beginning of the trading date compared to the closed value of 0.021. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 1606 Corp pink sheet. Still, in general, we apply an absolute valuation method to find 1606 Corp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of 1606 Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 1606 Corp's related companies.
 Open High Low Close Volume
  0.02    0.02    0.02    0.02    2,565,800  
10/01/2024
  0.02    0.02    0.02    0.02    1,231,500  
  0.02    0.02    0.02    0.02    855,000  
Backtest 1606 Corp  |  1606 Corp History  |  1606 Corp Valuation   PreviousNext  
Open Value
0.02
0.0002
Downside
0.021
Closing Value
56.59
Upside

1606 Corp Trading Date Momentum on October 1, 2024

On October 02 2024 1606 Corp was traded for  0.02  at the closing time. The top price for the day was 0.02  and the lowest listed price was  0.02 . The trading volume for the day was 855 K. The trading history from October 2, 2024 had no effect on price fluctuation. The daily price change against the current closing price is 23.81% .

1606 Corp Fundamentals Correlations and Trends

By evaluating 1606 Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among 1606 Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 1606 financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About 1606 Corp Pink Sheet history

1606 Corp 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 1606 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 1606 Corp 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 1606 Corp stock prices may prove useful in developing a viable investing in 1606 Corp

1606 Corp Pink Sheet Technical Analysis

1606 Corp 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.
A focus of 1606 Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of 1606 Corp 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...

Price Boundaries

1606 Corp Period Price Range

Low
October 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

1606 Corp cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

1606 Corp October 11, 2024 Market Strength

Market strength indicators help investors to evaluate how 1606 Corp pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 1606 Corp shares will generate the highest return on investment. By undertsting and applying 1606 Corp pink sheet market strength indicators, traders can identify 1606 Corp entry and exit signals to maximize returns

1606 Corp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for 1606 Corp's price direction in advance. Along with the technical and fundamental analysis of 1606 Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of 1606 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 1606 Pink Sheet Analysis

When running 1606 Corp's price analysis, check to measure 1606 Corp's 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 1606 Corp is operating at the current time. Most of 1606 Corp's value examination focuses on studying past and present price action to predict the probability of 1606 Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 1606 Corp's price. Additionally, you may evaluate how the addition of 1606 Corp to your portfolios can decrease your overall portfolio volatility.