Marijuana Stock Market Value
Marijuana's market value is the price at which a share of Marijuana trades on a public exchange. It measures the collective expectations of Marijuana investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Marijuana and determine expected loss or profit from investing in Marijuana over a given investment horizon. Check out Marijuana Correlation, Marijuana Volatility and Marijuana Alpha and Beta module to complement your research on Marijuana.
| Symbol | Marijuana |
Marijuana '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 Marijuana'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 Marijuana.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in Marijuana on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Marijuana or generate 0.0% return on investment in Marijuana over 30 days. Marijuana is related to or competes with Parsons Corp, Appen, and Usio. Marijuana Company of America, Inc., together with its subsidiaries, develops, produces, and distributes cannabis and can... More
Marijuana 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 Marijuana'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 Marijuana upside and downside potential and time the market with a certain degree of confidence.
Marijuana Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Marijuana's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Marijuana's standard deviation. In reality, there are many statistical measures that can use Marijuana historical prices to predict the future Marijuana's volatility.Marijuana Backtested Returns
Marijuana has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We were able to break down and interpolate data for zero different technical indicators, which can help you to evaluate if expected returns of 14.29% are justified by taking the suggested risk. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Marijuana are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Marijuana has no correlation between past and present. Overlapping area represents the amount of predictability between Marijuana time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 Marijuana price movement. The serial correlation of 0.0 indicates that just 0.0% of current Marijuana price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Marijuana lagged returns against current returns
Autocorrelation, which is Marijuana 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 Marijuana's pink sheet expected returns. We can calculate the autocorrelation of Marijuana returns to help us make a trade decision. For example, suppose you find that Marijuana 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 |
Marijuana 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 Marijuana pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Marijuana pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Marijuana pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Marijuana Lagged Returns
When evaluating Marijuana's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Marijuana pink sheet have on its future price. Marijuana 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, Marijuana autocorrelation shows the relationship between Marijuana pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Marijuana.
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 Marijuana Pink Sheet
Marijuana financial ratios help investors to determine whether Marijuana 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 Marijuana with respect to the benefits of owning Marijuana security.