Decibel Cannabis Stock Market Value
| DBCCF Stock | USD 0.08 0.01 9.78% |
| Symbol | Decibel |
Decibel Cannabis '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 Decibel Cannabis' otc 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 Decibel Cannabis.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Decibel Cannabis on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Decibel Cannabis or generate 0.0% return on investment in Decibel Cannabis over 90 days. Decibel Cannabis is related to or competes with C21 Investments, Vext Science, and Cannara Biotech. Decibel Cannabis Company Inc. engages in the cultivation, processing, production, and retail sale of cannabis products i... More
Decibel Cannabis 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 Decibel Cannabis' otc 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 Decibel Cannabis upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.29 | |||
| Information Ratio | 0.1462 | |||
| Maximum Drawdown | 23.79 | |||
| Value At Risk | (8.53) | |||
| Potential Upside | 12.42 |
Decibel Cannabis Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Decibel Cannabis' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Decibel Cannabis' standard deviation. In reality, there are many statistical measures that can use Decibel Cannabis historical prices to predict the future Decibel Cannabis' volatility.| Risk Adjusted Performance | 0.1678 | |||
| Jensen Alpha | 0.9306 | |||
| Total Risk Alpha | 0.1376 | |||
| Sortino Ratio | 0.1625 | |||
| Treynor Ratio | 2.1 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Decibel Cannabis' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Decibel Cannabis Backtested Returns
Decibel Cannabis appears to be out of control, given 3 months investment horizon. Decibel Cannabis secures Sharpe Ratio (or Efficiency) of 0.17, which denotes the company had a 0.17 % return per unit of standard deviation over the last 3 months. By reviewing Decibel Cannabis' technical indicators, you can evaluate if the expected return of 0.96% is justified by implied risk. Please utilize Decibel Cannabis' Downside Deviation of 5.29, mean deviation of 4.24, and Semi Deviation of 4.2 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Decibel Cannabis holds a performance score of 13. The firm shows a Beta (market volatility) of 0.47, which means possible diversification benefits within a given portfolio. As returns on the market increase, Decibel Cannabis' returns are expected to increase less than the market. However, during the bear market, the loss of holding Decibel Cannabis is expected to be smaller as well. Please check Decibel Cannabis' jensen alpha, maximum drawdown, and the relationship between the coefficient of variation and sortino ratio , to make a quick decision on whether Decibel Cannabis' price patterns will revert.
Auto-correlation | 0.20 |
Weak predictability
Decibel Cannabis has weak predictability. Overlapping area represents the amount of predictability between Decibel Cannabis time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd of July 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 Decibel Cannabis price movement. The serial correlation of 0.2 indicates that over 20.0% of current Decibel Cannabis price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Decibel Cannabis lagged returns against current returns
Autocorrelation, which is Decibel Cannabis otc 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 Decibel Cannabis' otc stock expected returns. We can calculate the autocorrelation of Decibel Cannabis returns to help us make a trade decision. For example, suppose you find that Decibel Cannabis has exhibited high autocorrelation historically, and you observe that the otc 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 |
Decibel Cannabis 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 Decibel Cannabis otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Decibel Cannabis otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Decibel Cannabis otc stock over time.
Current vs Lagged Prices |
| Timeline |
Decibel Cannabis Lagged Returns
When evaluating Decibel Cannabis' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Decibel Cannabis otc stock have on its future price. Decibel Cannabis 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, Decibel Cannabis autocorrelation shows the relationship between Decibel Cannabis otc stock current value and its past values and can show if there is a momentum factor associated with investing in Decibel Cannabis.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Decibel OTC Stock
Decibel Cannabis financial ratios help investors to determine whether Decibel OTC 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 Decibel with respect to the benefits of owning Decibel Cannabis security.