Filament Health's market value is the price at which a share of Filament Health trades on a public exchange. It measures the collective expectations of Filament Health Corp investors about its performance. Filament Health is trading at 0.0144 as of the 6th of February 2025. This is a 42.4% down since the beginning of the trading day. The stock's lowest day price was 0.0139. With this module, you can estimate the performance of a buy and hold strategy of Filament Health Corp and determine expected loss or profit from investing in Filament Health over a given investment horizon. Check out Filament Health Correlation, Filament Health Volatility and Filament Health Alpha and Beta module to complement your research on Filament Health.
Please note, there is a significant difference between Filament Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Filament Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Filament Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Filament Health '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 Filament Health's 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 Filament Health.
0.00
01/07/2025
No Change 0.00
0.0
In 31 days
02/06/2025
0.00
If you would invest 0.00 in Filament Health on January 7, 2025 and sell it all today you would earn a total of 0.00 from holding Filament Health Corp or generate 0.0% return on investment in Filament Health over 30 days. Filament Health Corp. operates as a natural psychedelic drug discovery and extraction technology company More
Filament Health 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 Filament Health's 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 Filament Health Corp upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Filament Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Filament Health's standard deviation. In reality, there are many statistical measures that can use Filament Health historical prices to predict the future Filament Health's volatility.
Filament Health appears to be out of control, given 3 months investment horizon. Filament Health Corp secures Sharpe Ratio (or Efficiency) of 0.048, which denotes the company had a 0.048 % return per unit of risk over the last 3 months. By reviewing Filament Health's technical indicators, you can evaluate if the expected return of 0.9% is justified by implied risk. Please utilize Filament Health's Mean Deviation of 13.94, coefficient of variation of 2082.57, and Downside Deviation of 20.64 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Filament Health holds a performance score of 3. The firm shows a Beta (market volatility) of -0.27, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Filament Health are expected to decrease at a much lower rate. During the bear market, Filament Health is likely to outperform the market. Please check Filament Health's total risk alpha, expected short fall, price action indicator, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Filament Health's price patterns will revert.
Auto-correlation
0.22
Weak predictability
Filament Health Corp has weak predictability. Overlapping area represents the amount of predictability between Filament Health time series from 7th of January 2025 to 22nd of January 2025 and 22nd of January 2025 to 6th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Filament Health Corp price movement. The serial correlation of 0.22 indicates that over 22.0% of current Filament Health price fluctuation can be explain by its past prices.
Correlation Coefficient
0.22
Spearman Rank Test
0.71
Residual Average
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Price Variance
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Filament Health Corp lagged returns against current returns
Autocorrelation, which is Filament Health 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 Filament Health's otc stock expected returns. We can calculate the autocorrelation of Filament Health returns to help us make a trade decision. For example, suppose you find that Filament Health 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
Timeline
Filament Health 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 Filament Health otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Filament Health otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Filament Health otc stock over time.
Current vs Lagged Prices
Timeline
Filament Health Lagged Returns
When evaluating Filament Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Filament Health otc stock have on its future price. Filament Health 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, Filament Health autocorrelation shows the relationship between Filament Health otc stock current value and its past values and can show if there is a momentum factor associated with investing in Filament Health Corp.
Other Information on Investing in Filament OTC Stock
Filament Health financial ratios help investors to determine whether Filament 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 Filament with respect to the benefits of owning Filament Health security.