Hempfusion Wellness Stock Market Value
| CBDHF Stock | USD 0.0001 0.00 0.00% |
| Symbol | Hempfusion |
Hempfusion Wellness '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 Hempfusion Wellness' 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 Hempfusion Wellness.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in Hempfusion Wellness on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding Hempfusion Wellness or generate 0.0% return on investment in Hempfusion Wellness over 360 days. Hempfusion Wellness Inc., a health and wellness supplement company, formulates, markets, and distributes hemp-based natu... More
Hempfusion Wellness 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 Hempfusion Wellness' 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 Hempfusion Wellness upside and downside potential and time the market with a certain degree of confidence.
Hempfusion Wellness Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hempfusion Wellness' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hempfusion Wellness' standard deviation. In reality, there are many statistical measures that can use Hempfusion Wellness historical prices to predict the future Hempfusion Wellness' volatility.Hempfusion Wellness Backtested Returns
We have found three technical indicators for Hempfusion Wellness, 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 Hempfusion Wellness are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Hempfusion Wellness has no correlation between past and present. Overlapping area represents the amount of predictability between Hempfusion Wellness time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th 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 Hempfusion Wellness price movement. The serial correlation of 0.0 indicates that just 0.0% of current Hempfusion Wellness price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Hempfusion Wellness lagged returns against current returns
Autocorrelation, which is Hempfusion Wellness 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 Hempfusion Wellness' pink sheet expected returns. We can calculate the autocorrelation of Hempfusion Wellness returns to help us make a trade decision. For example, suppose you find that Hempfusion Wellness 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 |
Hempfusion Wellness 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 Hempfusion Wellness pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hempfusion Wellness pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hempfusion Wellness pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Hempfusion Wellness Lagged Returns
When evaluating Hempfusion Wellness' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hempfusion Wellness pink sheet have on its future price. Hempfusion Wellness 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, Hempfusion Wellness autocorrelation shows the relationship between Hempfusion Wellness pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Hempfusion Wellness.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Hempfusion Pink Sheet
Hempfusion Wellness financial ratios help investors to determine whether Hempfusion 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 Hempfusion with respect to the benefits of owning Hempfusion Wellness security.