Ayr Strategies Class Stock Market Value
| AYRWF Stock | USD 0.67 0.07 11.67% |
| Symbol | AYR |
AYR Strategies '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 AYR Strategies' 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 AYR Strategies.
| 09/04/2024 |
| 12/03/2024 |
If you would invest 0.00 in AYR Strategies on September 4, 2024 and sell it all today you would earn a total of 0.00 from holding AYR Strategies Class or generate 0.0% return on investment in AYR Strategies over 90 days. AYR Strategies is related to or competes with Green Thumb, Trulieve Cannabis, Goodness Growth, Verano Holdings, Cresco Labs, Marimed, and Vext Science. Ayr Wellness Inc., a vertically-integrated cannabis multi-state operator, cultivates, manufactures, and retails cannabis... More
AYR Strategies 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 AYR Strategies' 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 AYR Strategies Class upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 73.17 | |||
| Value At Risk | (8.26) | |||
| Potential Upside | 13.16 |
AYR Strategies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AYR Strategies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AYR Strategies' standard deviation. In reality, there are many statistical measures that can use AYR Strategies historical prices to predict the future AYR Strategies' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.52) | |||
| Total Risk Alpha | (2.03) | |||
| Treynor Ratio | 0.5556 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AYR Strategies' 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.
AYR Strategies Class Backtested Returns
AYR Strategies Class secures Sharpe Ratio (or Efficiency) of -0.0966, which signifies that the company had a -0.0966% return per unit of risk over the last 3 months. AYR Strategies Class exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AYR Strategies' mean deviation of 4.71, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.17, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning AYR Strategies are expected to decrease by larger amounts. On the other hand, during market turmoil, AYR Strategies is expected to outperform it. At this point, AYR Strategies Class has a negative expected return of -0.91%. Please make sure to confirm AYR Strategies' skewness, as well as the relationship between the day median price and relative strength index , to decide if AYR Strategies Class performance from the past will be repeated at future time.
Auto-correlation | 0.75 |
Good predictability
AYR Strategies Class has good predictability. Overlapping area represents the amount of predictability between AYR Strategies time series from 4th of September 2024 to 19th of October 2024 and 19th of October 2024 to 3rd 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 AYR Strategies Class price movement. The serial correlation of 0.75 indicates that around 75.0% of current AYR Strategies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.56 |
AYR Strategies Class lagged returns against current returns
Autocorrelation, which is AYR Strategies 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 AYR Strategies' otc stock expected returns. We can calculate the autocorrelation of AYR Strategies returns to help us make a trade decision. For example, suppose you find that AYR Strategies 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 |
AYR Strategies 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 AYR Strategies otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AYR Strategies otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AYR Strategies otc stock over time.
Current vs Lagged Prices |
| Timeline |
AYR Strategies Lagged Returns
When evaluating AYR Strategies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AYR Strategies otc stock have on its future price. AYR Strategies 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, AYR Strategies autocorrelation shows the relationship between AYR Strategies otc stock current value and its past values and can show if there is a momentum factor associated with investing in AYR Strategies Class.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in AYR OTC Stock
AYR Strategies financial ratios help investors to determine whether AYR 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 AYR with respect to the benefits of owning AYR Strategies security.