Cannabis Global Stock Market Value
CBGL Stock | USD 0.0001 0.00 0.00% |
Symbol | Cannabis |
Cannabis Global '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 Cannabis Global'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 Cannabis Global.
05/25/2025 |
| 08/23/2025 |
If you would invest 0.00 in Cannabis Global on May 25, 2025 and sell it all today you would earn a total of 0.00 from holding Cannabis Global or generate 0.0% return on investment in Cannabis Global over 90 days. Cannabis Global, Inc. focuses on the creating and commercialization of engineered technologies to deliver hemp extracts ... More
Cannabis Global 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 Cannabis Global'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 Cannabis Global upside and downside potential and time the market with a certain degree of confidence.
Cannabis Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cannabis Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cannabis Global's standard deviation. In reality, there are many statistical measures that can use Cannabis Global historical prices to predict the future Cannabis Global's volatility.Cannabis Global Backtested Returns
Cannabis Global is out of control given 3 months investment horizon. Cannabis Global secures Sharpe Ratio (or Efficiency) of 0.36, which signifies that the company had a 0.36 % return per unit of risk over the last 3 months. We were able to analyze and collect data for six different technical indicators, which can help you to evaluate if expected returns of 130.65% are justified by taking the suggested risk. Use Cannabis Global Daily Balance Of Power of 9.2 T, day median price of 1.0E-4, and Price Action Indicator of 1.0E-4 to evaluate company specific risk that cannot be diversified away. Cannabis Global holds a performance score of 28 on a scale of zero to a hundred. 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 Cannabis Global are completely uncorrelated. Use Cannabis Global rate of daily change , to analyze future returns on Cannabis Global.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Cannabis Global has insignificant reverse predictability. Overlapping area represents the amount of predictability between Cannabis Global time series from 25th of May 2025 to 9th of July 2025 and 9th of July 2025 to 23rd of August 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cannabis Global price movement. The serial correlation of -0.16 indicates that over 16.0% of current Cannabis Global price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.16 | |
Spearman Rank Test | 0.2 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
Cannabis Global lagged returns against current returns
Autocorrelation, which is Cannabis Global 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 Cannabis Global's pink sheet expected returns. We can calculate the autocorrelation of Cannabis Global returns to help us make a trade decision. For example, suppose you find that Cannabis Global 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 |
Cannabis Global 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 Cannabis Global pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cannabis Global pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cannabis Global pink sheet over time.
Current vs Lagged Prices |
Timeline |
Cannabis Global Lagged Returns
When evaluating Cannabis Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cannabis Global pink sheet have on its future price. Cannabis Global 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, Cannabis Global autocorrelation shows the relationship between Cannabis Global pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Cannabis Global.
Regressed Prices |
Timeline |
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Cannabis Global financial ratios help investors to determine whether Cannabis 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 Cannabis with respect to the benefits of owning Cannabis Global security.