4front Ventures Corp Stock Market Value
| FFNTF Stock | USD 0.02 0 20.00% |
| Symbol | 4Front |
4Front Ventures '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 4Front Ventures' 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 4Front Ventures.
| 11/08/2024 |
| 12/08/2024 |
If you would invest 0.00 in 4Front Ventures on November 8, 2024 and sell it all today you would earn a total of 0.00 from holding 4Front Ventures Corp or generate 0.0% return on investment in 4Front Ventures over 30 days. 4Front Ventures is related to or competes with Goodness Growth, Grown Rogue, and C21 Investments. 4Front Ventures Corp. owns and manages licensed cannabis facilities in state-licensed markets in the United States More
4Front Ventures 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 4Front Ventures' 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 4Front Ventures Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 58.33 | |||
| Value At Risk | (18.18) | |||
| Potential Upside | 20.0 |
4Front Ventures Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 4Front Ventures' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 4Front Ventures' standard deviation. In reality, there are many statistical measures that can use 4Front Ventures historical prices to predict the future 4Front Ventures' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (2.39) | |||
| Treynor Ratio | 0.2895 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of 4Front Ventures' 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.
4Front Ventures Corp Backtested Returns
4Front Ventures Corp secures Sharpe Ratio (or Efficiency) of -0.0371, which signifies that the company had a -0.0371% return per unit of standard deviation over the last 3 months. 4Front Ventures Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 4Front Ventures' risk adjusted performance of (0.02), and Mean Deviation of 8.49 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.46, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning 4Front Ventures are expected to decrease by larger amounts. On the other hand, during market turmoil, 4Front Ventures is expected to outperform it. At this point, 4Front Ventures Corp has a negative expected return of -0.41%. Please make sure to confirm 4Front Ventures' skewness, as well as the relationship between the rate of daily change and period momentum indicator , to decide if 4Front Ventures Corp performance from the past will be repeated at future time.
Auto-correlation | 0.34 |
Below average predictability
4Front Ventures Corp has below average predictability. Overlapping area represents the amount of predictability between 4Front Ventures time series from 8th of November 2024 to 23rd of November 2024 and 23rd of November 2024 to 8th 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 4Front Ventures Corp price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current 4Front Ventures price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
4Front Ventures Corp lagged returns against current returns
Autocorrelation, which is 4Front Ventures 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 4Front Ventures' otc stock expected returns. We can calculate the autocorrelation of 4Front Ventures returns to help us make a trade decision. For example, suppose you find that 4Front Ventures 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 |
4Front Ventures 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 4Front Ventures otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 4Front Ventures otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 4Front Ventures otc stock over time.
Current vs Lagged Prices |
| Timeline |
4Front Ventures Lagged Returns
When evaluating 4Front Ventures' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 4Front Ventures otc stock have on its future price. 4Front Ventures 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, 4Front Ventures autocorrelation shows the relationship between 4Front Ventures otc stock current value and its past values and can show if there is a momentum factor associated with investing in 4Front Ventures Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in 4Front OTC Stock
4Front Ventures financial ratios help investors to determine whether 4Front 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 4Front with respect to the benefits of owning 4Front Ventures security.