Filament Health Corp Stock Market Value
| FLHLF Stock | USD 0.03 0.01 25.71% |
| Symbol | Filament |
Filament Health '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 Filament Health's 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 Filament Health.
| 12/23/2022 |
| 12/12/2024 |
If you would invest 0.00 in Filament Health on December 23, 2022 and sell it all today you would earn a total of 0.00 from holding Filament Health Corp or generate 0.0% return on investment in Filament Health over 720 days. Filament Health Corp. operates as a natural psychedelic drug discovery and extraction technology company More
Filament Health 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 Filament Health's 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 Filament Health Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 18.21 | |||
| Information Ratio | 0.0282 | |||
| Maximum Drawdown | 91.17 | |||
| Value At Risk | (24.77) | |||
| Potential Upside | 31.04 |
Filament Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Filament Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Filament Health's standard deviation. In reality, there are many statistical measures that can use Filament Health historical prices to predict the future Filament Health's volatility.| Risk Adjusted Performance | 0.0353 | |||
| Jensen Alpha | 0.1732 | |||
| Total Risk Alpha | (2.07) | |||
| Sortino Ratio | 0.026 | |||
| Treynor Ratio | 0.1623 |
Filament Health Corp Backtested Returns
Filament Health appears to be out of control, given 3 months investment horizon. Filament Health Corp secures Sharpe Ratio (or Efficiency) of 0.0361, which denotes the company had a 0.0361% return per unit of risk over the last 3 months. By reviewing Filament Health's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please utilize Filament Health's Coefficient Of Variation of 2804.32, downside deviation of 18.21, and Mean Deviation of 11.4 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Filament Health holds a performance score of 2. The firm shows a Beta (market volatility) of 3.62, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Filament Health will likely underperform. Please check Filament Health's total risk alpha, expected short fall, price action indicator, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Filament Health's price patterns will revert.
Auto-correlation | -0.43 |
Modest reverse predictability
Filament Health Corp has modest reverse predictability. Overlapping area represents the amount of predictability between Filament Health time series from 23rd of December 2022 to 18th of December 2023 and 18th of December 2023 to 12th 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 Filament Health Corp price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Filament Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Filament Health Corp lagged returns against current returns
Autocorrelation, which is Filament Health 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 Filament Health's otc stock expected returns. We can calculate the autocorrelation of Filament Health returns to help us make a trade decision. For example, suppose you find that Filament Health 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 |
Filament Health 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 Filament Health otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Filament Health otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Filament Health otc stock over time.
Current vs Lagged Prices |
| Timeline |
Filament Health Lagged Returns
When evaluating Filament Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Filament Health otc stock have on its future price. Filament Health 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, Filament Health autocorrelation shows the relationship between Filament Health otc stock current value and its past values and can show if there is a momentum factor associated with investing in Filament Health Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Filament OTC Stock
Filament Health financial ratios help investors to determine whether Filament 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 Filament with respect to the benefits of owning Filament Health security.