Statehouse Holdings Stock Market Value
| STHZF Stock | USD 0.01 0.00 0.00% |
| Symbol | StateHouse |
StateHouse Holdings '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 StateHouse Holdings' 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 StateHouse Holdings.
| 11/16/2024 |
| 12/16/2024 |
If you would invest 0.00 in StateHouse Holdings on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding StateHouse Holdings or generate 0.0% return on investment in StateHouse Holdings over 30 days. StateHouse Holdings is related to or competes with Avicanna. StateHouse Holdings Inc. engages in the cultivation, processing, manufacturing, distribution, and retail of cannabis pro... More
StateHouse Holdings 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 StateHouse Holdings' 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 StateHouse Holdings upside and downside potential and time the market with a certain degree of confidence.
StateHouse Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for StateHouse Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as StateHouse Holdings' standard deviation. In reality, there are many statistical measures that can use StateHouse Holdings historical prices to predict the future StateHouse Holdings' volatility.| Risk Adjusted Performance | 0.0144 | |||
| Jensen Alpha | 0.0156 | |||
| Total Risk Alpha | (1.09) | |||
| Treynor Ratio | 0.1245 |
StateHouse Holdings Backtested Returns
At this point, StateHouse Holdings is out of control. StateHouse Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0073, which indicates the firm had a 0.0073% return per unit of risk over the last 3 months. We have found sixteen technical indicators for StateHouse Holdings, which you can use to evaluate the volatility of the company. Please validate StateHouse Holdings' Variance of 84.82, coefficient of variation of 13877.58, and Risk Adjusted Performance of 0.0144 to confirm if the risk estimate we provide is consistent with the expected return of 0.0674%. The entity has a beta of 0.45, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, StateHouse Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding StateHouse Holdings is expected to be smaller as well. StateHouse Holdings right now has a risk of 9.28%. Please validate StateHouse Holdings mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and day median price , to decide if StateHouse Holdings will be following its existing price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
StateHouse Holdings has no correlation between past and present. Overlapping area represents the amount of predictability between StateHouse Holdings time series from 16th of November 2024 to 1st of December 2024 and 1st of December 2024 to 16th 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 StateHouse Holdings price movement. The serial correlation of 0.0 indicates that just 0.0% of current StateHouse Holdings 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 |
StateHouse Holdings lagged returns against current returns
Autocorrelation, which is StateHouse Holdings 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 StateHouse Holdings' pink sheet expected returns. We can calculate the autocorrelation of StateHouse Holdings returns to help us make a trade decision. For example, suppose you find that StateHouse Holdings 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 |
StateHouse Holdings 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 StateHouse Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if StateHouse Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in StateHouse Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
StateHouse Holdings Lagged Returns
When evaluating StateHouse Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of StateHouse Holdings pink sheet have on its future price. StateHouse Holdings 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, StateHouse Holdings autocorrelation shows the relationship between StateHouse Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in StateHouse Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in StateHouse Pink Sheet
StateHouse Holdings financial ratios help investors to determine whether StateHouse 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 StateHouse with respect to the benefits of owning StateHouse Holdings security.