Cannabis Global (Cannabis Global) Volatility : 128.18% (As of May. 05, 2024)

View and export this data going back to 2008. Start your Free Trial

What is Cannabis Global Volatility?

Volatility is a statistical measure of the dispersion of returns for a given security or market index, it shows how the price swings around its mean. The volatility here is measured as the annualized standard deviation between monthly returns from the security over the past year. In most cases, the higher the volatility, the riskier the security.

As of today (2024-05-05), Cannabis Global's Volatility is 128.18%.

Competitive Comparison of Cannabis Global's Volatility

For the Drug Manufacturers - Specialty & Generic subindustry, Cannabis Global's Volatility, along with its competitors' market caps and Volatility data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cannabis Global's Volatility Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Cannabis Global's Volatility distribution charts can be found below:

* The bar in red indicates where Cannabis Global's Volatility falls into.

Cannabis Global (OTCPK:CBGL) Volatility Calculation

The annualized volatility is calculated as following:

σ_A	=	σ_M	*	√12
	=	√ 1/(n-1) ∑(Ri - R')^2	*	√12

Where: σ_M is the monthly volatility, n is the number of months in the period, R_i is the security's historical monthly returns and R' is the arithmetic mean of monthly returns.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cannabis Global (OTCPK:CBGL) Volatility Explanation

Volatility is a statistical measure of the dispersion of returns for a given security or market index. It’s often measured as standard deviation or variance of historical returns over a certain period. The volatility here is measured as the annualized standard deviation between monthly returns from the security over the past year.

Volatility reflects the uncertainty or risk of a security’s value. Generally speaking, a higher volatility suggests a higher risk, because it implies a wider fluctuation around average price. This means the price of the security can change dramatically in either direction within a short period. Conversely, a lower volatility means that the security's price is more steady, which suggests a lower risk.

Another measurement of relative volatility is Beta. Beta is a measure of systematic risk of a security or a portfolio in comparison to the market as a whole. Beta is usually compared to 1. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Cannabis Global Volatility Related Terms

Thank you for viewing the detailed overview of Cannabis Global's Volatility provided by GuruFocus.com. Please click on the following links to see related term pages.

Cannabis Global (Cannabis Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Cannabis Global Inc (OTCPK:CBGL) » Definitions » Volatility

Comparable Companies

Traded in Other Exchanges

N/A

Address

520 S. Grand Avenue, Suite 320, Los Angeles, CA, USA, 90071

Website

https://www.cannabisglobalinc.com

Cannabis Global manufactures and distributes various cannabis products via its majority ownership of Natural Plant Extract, Inc is developing the Ethos Comply Bag, and generally conducts research and development in the areas of hemp, cannabis and consumer food goods. The company also have an active research and development program primarily focused on creating and commercializing engineered technologies that deliver hemp extracts and cannabinoids to the human body. Its product includes cannabis flower packaged in various weights, cannabis Pre-rolls, cannabis edible products.

Executives

Jim L. Riley	director	C/O CANNABIS GLOBAL INC., 520 S GRAND AVENUE, SUITE 320, LOS ANGELES CA 90071
Ghs Investments, Llc	10 percent owner	0830 SOUTH EASTERN AVENUE, #124-376, LAS VEGAS NV 89123
Hymers Iii R. Leslie	director, 10 percent owner	520 S GRAND AVENUE, STE 320, LOS ANGELES CA 90071
Arman Tabatabaei	director, officer: CEO, CFO	520 SOUTH GRAND AVENUE, SUITE 320, LOS ANGELES CA 90071
Lauderdale Holdings, Llc	director, 10 percent owner, officer: CEO/President/CFO	1919 NW 19 STREET, FT LAUDERDALE FL 33311
Harmel S Rayat	10 percent owner	700 - 688 WEST HASTINGS STREET, VANCOUVER A1 V6B 1P1
David A Gamache	director, officer: SECRETARY/TREASURER/CFO	3905 NATIONAL DRIVE, SUITE 110, BURTONSVILLE MD 20866
Meetesh V Patel	director, officer: PRESIDENT/CEO	8775 CENTRE PARK DRIVE, # 210, COLUMBIA MD 21045
Pattiann Hiranandani	director	3905 NATIONAL DRIVE, BURTONSVILLE MD 20866