Ayurcann Holdings Corp Stock Market Value
| AYURF Stock | USD 0.02 0.03 57.69% |
| Symbol | Ayurcann |
Ayurcann 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 Ayurcann Holdings' 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 Ayurcann Holdings.
| 02/01/2024 |
| 11/27/2024 |
If you would invest 0.00 in Ayurcann Holdings on February 1, 2024 and sell it all today you would earn a total of 0.00 from holding Ayurcann Holdings Corp or generate 0.0% return on investment in Ayurcann Holdings over 300 days. Ayurcann Holdings is related to or competes with Vext Science, Grown Rogue, Goodness Growth, Rubicon Organics, C21 Investments, Hypera SA, and Ascend Wellness. Ayurcann Holdings Corp. provides post-harvest outsourcing solutions to licensed cannabis producers in Canada More
Ayurcann 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 Ayurcann Holdings' 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 Ayurcann Holdings Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 30.25 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 118.41 | |||
| Value At Risk | (20.81) | |||
| Potential Upside | 20.32 |
Ayurcann Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ayurcann Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ayurcann Holdings' standard deviation. In reality, there are many statistical measures that can use Ayurcann Holdings historical prices to predict the future Ayurcann Holdings' volatility.| Risk Adjusted Performance | 0.0146 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (2.06) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0791 |
Ayurcann Holdings Corp Backtested Returns
At this point, Ayurcann Holdings is out of control. Ayurcann Holdings Corp secures Sharpe Ratio (or Efficiency) of 0.0014, which signifies that the company had a 0.0014% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ayurcann Holdings Corp, which you can use to evaluate the volatility of the firm. Please confirm Ayurcann Holdings' Risk Adjusted Performance of 0.0146, mean deviation of 4.84, and Downside Deviation of 30.25 to double-check if the risk estimate we provide is consistent with the expected return of 0.0199%. The firm shows a Beta (market volatility) of 1.03, which signifies a somewhat significant risk relative to the market. Ayurcann Holdings returns are very sensitive to returns on the market. As the market goes up or down, Ayurcann Holdings is expected to follow. Ayurcann Holdings Corp right now shows a risk of 13.87%. Please confirm Ayurcann Holdings Corp value at risk, as well as the relationship between the skewness and day typical price , to decide if Ayurcann Holdings Corp will be following its price patterns.
Auto-correlation | -0.34 |
Poor reverse predictability
Ayurcann Holdings Corp has poor reverse predictability. Overlapping area represents the amount of predictability between Ayurcann Holdings time series from 1st of February 2024 to 30th of June 2024 and 30th of June 2024 to 27th of November 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 Ayurcann Holdings Corp price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Ayurcann Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ayurcann Holdings Corp lagged returns against current returns
Autocorrelation, which is Ayurcann Holdings 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 Ayurcann Holdings' otc stock expected returns. We can calculate the autocorrelation of Ayurcann Holdings returns to help us make a trade decision. For example, suppose you find that Ayurcann Holdings 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 |
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Ayurcann 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 Ayurcann Holdings otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ayurcann Holdings otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ayurcann Holdings otc stock over time.
Current vs Lagged Prices |
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Ayurcann Holdings Lagged Returns
When evaluating Ayurcann Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ayurcann Holdings otc stock have on its future price. Ayurcann 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, Ayurcann Holdings autocorrelation shows the relationship between Ayurcann Holdings otc stock current value and its past values and can show if there is a momentum factor associated with investing in Ayurcann Holdings Corp.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Ayurcann OTC Stock
Ayurcann Holdings financial ratios help investors to determine whether Ayurcann 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 Ayurcann with respect to the benefits of owning Ayurcann Holdings security.