Fernhill Beverage Stock Market Value
| FHBC Stock | USD 0.0001 0.00 0.00% |
| Symbol | Fernhill |
Fernhill Beverage '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 Fernhill Beverage'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 Fernhill Beverage.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Fernhill Beverage on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Fernhill Beverage or generate 0.0% return on investment in Fernhill Beverage over 30 days. Fernhill Beverage is related to or competes with National Beverage, Vita Coco, and Hill Street. Fernhill Beverage, Inc. develops and supplies alcohol-based sanitizers to strategic collaborators and retail partners More
Fernhill Beverage 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 Fernhill Beverage'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 Fernhill Beverage upside and downside potential and time the market with a certain degree of confidence.
Fernhill Beverage Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fernhill Beverage's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fernhill Beverage's standard deviation. In reality, there are many statistical measures that can use Fernhill Beverage historical prices to predict the future Fernhill Beverage's volatility.Fernhill Beverage Backtested Returns
We have found three technical indicators for Fernhill Beverage, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Fernhill Beverage are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Fernhill Beverage has no correlation between past and present. Overlapping area represents the amount of predictability between Fernhill Beverage time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Fernhill Beverage price movement. The serial correlation of 0.0 indicates that just 0.0% of current Fernhill Beverage 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 |
Fernhill Beverage lagged returns against current returns
Autocorrelation, which is Fernhill Beverage 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 Fernhill Beverage's pink sheet expected returns. We can calculate the autocorrelation of Fernhill Beverage returns to help us make a trade decision. For example, suppose you find that Fernhill Beverage 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 |
Fernhill Beverage 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 Fernhill Beverage pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fernhill Beverage pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fernhill Beverage pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Fernhill Beverage Lagged Returns
When evaluating Fernhill Beverage's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fernhill Beverage pink sheet have on its future price. Fernhill Beverage 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, Fernhill Beverage autocorrelation shows the relationship between Fernhill Beverage pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Fernhill Beverage.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Fernhill Pink Sheet
Fernhill Beverage financial ratios help investors to determine whether Fernhill 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 Fernhill with respect to the benefits of owning Fernhill Beverage security.