1606 Corp Stock Analysis

CBDW Stock   0.02  0  6.25%   
1606 Corp is overvalued with Real Value of 0.0163 and Hype Value of 0.02. The main objective of 1606 Corp pink sheet analysis is to determine its intrinsic value, which is an estimate of what 1606 Corp is worth, separate from its market price. There are two main types of 1606 Corp's stock analysis: fundamental analysis and technical analysis.
The 1606 Corp pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 1606 Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

1606 Pink Sheet Analysis Notes

The company had not issued any dividends in recent years. The quote for 1606 Corp is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC.

1606 Corp Investment Alerts

1606 Corp generated a negative expected return over the last 90 days
1606 Corp has high historical volatility and very poor performance
1606 Corp has some characteristics of a very speculative penny stock
1606 Corp has high likelihood to experience some financial distress in the next 2 years

Technical Drivers

As of the 11th of October 2024, 1606 Corp owns the Variance of 344.45, information ratio of (0.05), and Market Risk Adjusted Performance of 0.2405. 1606 Corp technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the entity's future prices. Please confirm 1606 Corp risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if 1606 Corp is priced fairly, providing market reflects its prevailing price of 0.017 per share. As 1606 Corp appears to be a penny stock we also recommend to validate its jensen alpha numbers.

1606 Corp Price Movement Analysis

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The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. 1606 Corp middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for 1606 Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

1606 Corp Predictive Daily Indicators

1606 Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of 1606 Corp pink sheet daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

1606 Corp Forecast Models

1606 Corp's time-series forecasting models are one of many 1606 Corp's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary 1606 Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding 1606 Corp to your portfolios without increasing risk or reducing expected return.

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Money Flow Index

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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.