Willow Biosciences Stock Market Value
| CANSF Stock | USD 0.06 0 2.32% |
| Symbol | Willow |
Willow Biosciences '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 Willow Biosciences' 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 Willow Biosciences.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Willow Biosciences on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Willow Biosciences or generate 0.0% return on investment in Willow Biosciences over 510 days. Willow Biosciences is related to or competes with Amarc Resources, Aftermath Silver, and Aurelia Metals. Willow Biosciences Inc., a biotechnology company, develops, produces, and sells plant derived ingredients for consumer c... More
Willow Biosciences 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 Willow Biosciences' 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 Willow Biosciences upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 31.98 | |||
| Value At Risk | (10.75) | |||
| Potential Upside | 11.11 |
Willow Biosciences Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Willow Biosciences' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Willow Biosciences' standard deviation. In reality, there are many statistical measures that can use Willow Biosciences historical prices to predict the future Willow Biosciences' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (1.09) | |||
| Treynor Ratio | 0.5956 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Willow Biosciences' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Willow Biosciences Backtested Returns
Willow Biosciences shows Sharpe Ratio of -0.0369, which attests that the company had a -0.0369% return per unit of risk over the last 3 months. Willow Biosciences exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Willow Biosciences' Standard Deviation of 5.97, mean deviation of 3.81, and Market Risk Adjusted Performance of 0.6056 to validate the risk estimate we provide. The firm maintains a market beta of -0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Willow Biosciences are expected to decrease at a much lower rate. During the bear market, Willow Biosciences is likely to outperform the market. At this point, Willow Biosciences has a negative expected return of -0.22%. Please make sure to check out Willow Biosciences' maximum drawdown and the relationship between the kurtosis and period momentum indicator , to decide if Willow Biosciences performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.04 |
Very weak reverse predictability
Willow Biosciences has very weak reverse predictability. Overlapping area represents the amount of predictability between Willow Biosciences time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Willow Biosciences price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Willow Biosciences price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Willow Biosciences lagged returns against current returns
Autocorrelation, which is Willow Biosciences 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 Willow Biosciences' otc stock expected returns. We can calculate the autocorrelation of Willow Biosciences returns to help us make a trade decision. For example, suppose you find that Willow Biosciences 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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Willow Biosciences 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 Willow Biosciences otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Willow Biosciences otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Willow Biosciences otc stock over time.
Current vs Lagged Prices |
| Timeline |
Willow Biosciences Lagged Returns
When evaluating Willow Biosciences' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Willow Biosciences otc stock have on its future price. Willow Biosciences 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, Willow Biosciences autocorrelation shows the relationship between Willow Biosciences otc stock current value and its past values and can show if there is a momentum factor associated with investing in Willow Biosciences.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Willow OTC Stock
Willow Biosciences financial ratios help investors to determine whether Willow 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 Willow with respect to the benefits of owning Willow Biosciences security.