Eden Empire Stock Market Value
| EDNEF Stock | USD 0.0005 0.00 0.00% |
| Symbol | Eden |
Eden Empire '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 Eden Empire'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 Eden Empire.
| 01/23/2024 |
| 01/12/2026 |
If you would invest 0.00 in Eden Empire on January 23, 2024 and sell it all today you would earn a total of 0.00 from holding Eden Empire or generate 0.0% return on investment in Eden Empire over 720 days. Eden Empire Inc. invests in and operates in the cannabis sector More
Eden Empire 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 Eden Empire'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 Eden Empire upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 54.55 |
Eden Empire Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eden Empire's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eden Empire's standard deviation. In reality, there are many statistical measures that can use Eden Empire historical prices to predict the future Eden Empire's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.77) | |||
| Total Risk Alpha | (1.60) | |||
| Treynor Ratio | 1.07 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eden Empire's 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.
Eden Empire Backtested Returns
Eden Empire secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the company had a -0.13 % return per unit of risk over the last 3 months. Eden Empire exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eden Empire's Mean Deviation of 1.63, variance of 45.08, and Standard Deviation of 6.71 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.78, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Eden Empire are expected to decrease at a much lower rate. During the bear market, Eden Empire is likely to outperform the market. At this point, Eden Empire has a negative expected return of -0.87%. Please make sure to confirm Eden Empire's variance, as well as the relationship between the maximum drawdown and rate of daily change , to decide if Eden Empire performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Eden Empire has no correlation between past and present. Overlapping area represents the amount of predictability between Eden Empire time series from 23rd of January 2024 to 17th of January 2025 and 17th of January 2025 to 12th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Eden Empire price movement. The serial correlation of 0.0 indicates that just 0.0% of current Eden Empire price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Eden Empire lagged returns against current returns
Autocorrelation, which is Eden Empire 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 Eden Empire's pink sheet expected returns. We can calculate the autocorrelation of Eden Empire returns to help us make a trade decision. For example, suppose you find that Eden Empire 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 |
Eden Empire 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 Eden Empire pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eden Empire pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eden Empire pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Eden Empire Lagged Returns
When evaluating Eden Empire's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eden Empire pink sheet have on its future price. Eden Empire 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, Eden Empire autocorrelation shows the relationship between Eden Empire pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Eden Empire.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Eden Pink Sheet
Eden Empire financial ratios help investors to determine whether Eden 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 Eden with respect to the benefits of owning Eden Empire security.