Clever Leaves Holdings Stock Market Value
| CLVR Stock | USD 0.03 0.01 37.50% |
| Symbol | Clever |
Clever Leaves '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 Clever Leaves' pink sheet 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 Clever Leaves.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in Clever Leaves on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Clever Leaves Holdings or generate 0.0% return on investment in Clever Leaves over 480 days. Clever Leaves is related to or competes with Grey Cloak. The company operates through two segments, Cannabinoid and Non-Cannabinoid More
Clever Leaves 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 Clever Leaves' pink sheet 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 Clever Leaves Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1241 | |||
| Maximum Drawdown | 333333.31 | |||
| Value At Risk | (50.00) | |||
| Potential Upside | 50.0 |
Clever Leaves Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clever Leaves' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Clever Leaves' standard deviation. In reality, there are many statistical measures that can use Clever Leaves historical prices to predict the future Clever Leaves' volatility.| Risk Adjusted Performance | 0.0996 | |||
| Jensen Alpha | 5604.95 | |||
| Total Risk Alpha | (1,410) | |||
| Treynor Ratio | (1.13) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Clever Leaves' 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.
Clever Leaves Holdings Backtested Returns
Clever Leaves is out of control given 3 months investment horizon. Clever Leaves Holdings secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the company had a 0.23% return per unit of standard deviation over the last 3 months. We were able to interpolate and analyze data for twenty-four different technical indicators, which can help you to evaluate if expected returns of 56.06% are justified by taking the suggested risk. Use Clever Leaves mean deviation of 9943.79, and Risk Adjusted Performance of 0.0996 to evaluate company specific risk that cannot be diversified away. Clever Leaves holds a performance score of 18 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -4515.68, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Clever Leaves are expected to decrease by larger amounts. On the other hand, during market turmoil, Clever Leaves is expected to outperform it. Use Clever Leaves treynor ratio, as well as the relationship between the accumulation distribution and price action indicator , to analyze future returns on Clever Leaves.
Auto-correlation | -0.04 |
Very weak reverse predictability
Clever Leaves Holdings has very weak reverse predictability. Overlapping area represents the amount of predictability between Clever Leaves time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th 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 Clever Leaves Holdings price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Clever Leaves price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 2.13 |
Clever Leaves Holdings lagged returns against current returns
Autocorrelation, which is Clever Leaves pink sheet'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 Clever Leaves' pink sheet expected returns. We can calculate the autocorrelation of Clever Leaves returns to help us make a trade decision. For example, suppose you find that Clever Leaves has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Clever Leaves 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 Clever Leaves pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Clever Leaves pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Clever Leaves pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Clever Leaves Lagged Returns
When evaluating Clever Leaves' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Clever Leaves pink sheet have on its future price. Clever Leaves 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, Clever Leaves autocorrelation shows the relationship between Clever Leaves pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Clever Leaves Holdings.
Regressed Prices |
| Timeline |
Pair Trading with Clever Leaves
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Clever Leaves position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Clever Leaves will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Clever Leaves could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clever Leaves when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Clever Leaves - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Clever Leaves Holdings to buy it.
The correlation of Clever Leaves is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Clever Leaves moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clever Leaves Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Clever Leaves can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Clever Pink Sheet Analysis
When running Clever Leaves' price analysis, check to measure Clever Leaves' 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 Clever Leaves is operating at the current time. Most of Clever Leaves' value examination focuses on studying past and present price action to predict the probability of Clever Leaves' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clever Leaves' price. Additionally, you may evaluate how the addition of Clever Leaves to your portfolios can decrease your overall portfolio volatility.