Indoor Harvest Corp Stock Market Value
INQD Stock | USD 0.0001 0.00 0.00% |
Symbol | Indoor |
Indoor Harvest '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 Indoor Harvest's 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 Indoor Harvest.
06/12/2023 |
| 12/03/2024 |
If you would invest 0.00 in Indoor Harvest on June 12, 2023 and sell it all today you would earn a total of 0.00 from holding Indoor Harvest Corp or generate 0.0% return on investment in Indoor Harvest over 540 days. Indoor Harvest Corp. focuses on providing production platforms, mechanical systems, and complete custom designed build o... More
Indoor Harvest 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 Indoor Harvest's 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 Indoor Harvest Corp upside and downside potential and time the market with a certain degree of confidence.
Indoor Harvest Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Indoor Harvest's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Indoor Harvest's standard deviation. In reality, there are many statistical measures that can use Indoor Harvest historical prices to predict the future Indoor Harvest's volatility.Indoor Harvest Corp Backtested Returns
We have found three technical indicators for Indoor Harvest Corp, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Indoor Harvest are completely uncorrelated.
Auto-correlation | 0.75 |
Good predictability
Indoor Harvest Corp has good predictability. Overlapping area represents the amount of predictability between Indoor Harvest time series from 12th of June 2023 to 8th of March 2024 and 8th of March 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 Indoor Harvest Corp price movement. The serial correlation of 0.75 indicates that around 75.0% of current Indoor Harvest price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.75 | |
Spearman Rank Test | 0.57 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
Indoor Harvest Corp lagged returns against current returns
Autocorrelation, which is Indoor Harvest 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 Indoor Harvest's pink sheet expected returns. We can calculate the autocorrelation of Indoor Harvest returns to help us make a trade decision. For example, suppose you find that Indoor Harvest 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 |
Indoor Harvest 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 Indoor Harvest pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Indoor Harvest pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Indoor Harvest pink sheet over time.
Current vs Lagged Prices |
Timeline |
Indoor Harvest Lagged Returns
When evaluating Indoor Harvest's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Indoor Harvest pink sheet have on its future price. Indoor Harvest 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, Indoor Harvest autocorrelation shows the relationship between Indoor Harvest pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Indoor Harvest Corp.
Regressed Prices |
Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Indoor Pink Sheet
Indoor Harvest financial ratios help investors to determine whether Indoor Pink Sheet 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 Indoor with respect to the benefits of owning Indoor Harvest security.