Acreage Holdings Stock Market Value
| ACRDF Stock | USD 0.12 0.01 9.09% |
| Symbol | Acreage |
Acreage Holdings '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 Acreage Holdings' 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 Acreage Holdings.
| 06/21/2024 |
| 12/18/2024 |
If you would invest 0.00 in Acreage Holdings on June 21, 2024 and sell it all today you would earn a total of 0.00 from holding Acreage Holdings or generate 0.0% return on investment in Acreage Holdings over 180 days. Acreage Holdings is related to or competes with AYR Strategies, Verano Holdings, Cresco Labs, Green Thumb, Marimed, Trulieve Cannabis, and Goodness Growth. Acreage Holdings, Inc., formerly High Street Capital Partners, is a principal investment firm specializing in cannabis i... More
Acreage Holdings 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 Acreage Holdings' 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 Acreage Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 14.77 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 75.71 | |||
| Value At Risk | (17.65) | |||
| Potential Upside | 21.43 |
Acreage Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Acreage Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Acreage Holdings' standard deviation. In reality, there are many statistical measures that can use Acreage Holdings historical prices to predict the future Acreage Holdings' volatility.| Risk Adjusted Performance | 0.0119 | |||
| Jensen Alpha | 0.0195 | |||
| Total Risk Alpha | (1.04) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.1281 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Acreage Holdings' 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.
Acreage Holdings Backtested Returns
At this point, Acreage Holdings is out of control. Acreage Holdings secures Sharpe Ratio (or Efficiency) of 0.009, which signifies that the company had a 0.009% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Acreage Holdings, which you can use to evaluate the volatility of the firm. Please confirm Acreage Holdings' Mean Deviation of 8.79, risk adjusted performance of 0.0119, and Downside Deviation of 14.77 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. The firm shows a Beta (market volatility) of 0.28, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Acreage Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Acreage Holdings is expected to be smaller as well. Acreage Holdings right now shows a risk of 14.38%. Please confirm Acreage Holdings semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to decide if Acreage Holdings will be following its price patterns.
Auto-correlation | 0.42 |
Average predictability
Acreage Holdings has average predictability. Overlapping area represents the amount of predictability between Acreage Holdings time series from 21st of June 2024 to 19th of September 2024 and 19th of September 2024 to 18th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Acreage Holdings price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Acreage Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Acreage Holdings lagged returns against current returns
Autocorrelation, which is Acreage Holdings 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 Acreage Holdings' otc stock expected returns. We can calculate the autocorrelation of Acreage Holdings returns to help us make a trade decision. For example, suppose you find that Acreage Holdings 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 |
Acreage Holdings 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 Acreage Holdings otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Acreage Holdings otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Acreage Holdings otc stock over time.
Current vs Lagged Prices |
| Timeline |
Acreage Holdings Lagged Returns
When evaluating Acreage Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Acreage Holdings otc stock have on its future price. Acreage Holdings 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, Acreage Holdings autocorrelation shows the relationship between Acreage Holdings otc stock current value and its past values and can show if there is a momentum factor associated with investing in Acreage Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Acreage OTC Stock
Acreage Holdings financial ratios help investors to determine whether Acreage 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 Acreage with respect to the benefits of owning Acreage Holdings security.