Ionic Brands Corp Stock Market Value
| IONKF Stock | USD 0.0001 0.00 0.00% |
| Symbol | Ionic |
Ionic Brands '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 Ionic Brands' 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 Ionic Brands.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Ionic Brands on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Ionic Brands Corp or generate 0.0% return on investment in Ionic Brands over 30 days. Ionic Brands is related to or competes with Earth Science, and Grey Cloak. Ionic Brands Corp., through its subsidiaries, extracts, manufactures, brands, and distributes cannabis consumables and c... More
Ionic Brands 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 Ionic Brands' 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 Ionic Brands Corp upside and downside potential and time the market with a certain degree of confidence.
Ionic Brands Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ionic Brands' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ionic Brands' standard deviation. In reality, there are many statistical measures that can use Ionic Brands historical prices to predict the future Ionic Brands' volatility.Ionic Brands Corp Backtested Returns
We have found three technical indicators for Ionic Brands 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 Ionic Brands are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Ionic Brands Corp has no correlation between past and present. Overlapping area represents the amount of predictability between Ionic Brands time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd 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 Ionic Brands Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Ionic Brands price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ionic Brands Corp lagged returns against current returns
Autocorrelation, which is Ionic Brands 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 Ionic Brands' pink sheet expected returns. We can calculate the autocorrelation of Ionic Brands returns to help us make a trade decision. For example, suppose you find that Ionic Brands 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 |
Ionic Brands 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 Ionic Brands pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ionic Brands pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ionic Brands pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Ionic Brands Lagged Returns
When evaluating Ionic Brands' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ionic Brands pink sheet have on its future price. Ionic Brands 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, Ionic Brands autocorrelation shows the relationship between Ionic Brands pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Ionic Brands Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Ionic Pink Sheet
Ionic Brands financial ratios help investors to determine whether Ionic 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 Ionic with respect to the benefits of owning Ionic Brands security.