First Pet Life Stock Market Value

Symbol

First

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 First Pet'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 First Pet.

First Pet Upside/Downside Indicators

First Pet Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for First Pet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Pet's standard deviation. In reality, there are many statistical measures that can use First Pet historical prices to predict the future First Pet's volatility.

Autocorrelation, which is First Pet 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 First Pet's pink sheet expected returns. We can calculate the autocorrelation of First Pet returns to help us make a trade decision. For example, suppose you find that First Pet 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.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If First Pet pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First Pet pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First Pet pink sheet over time.

When evaluating First Pet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First Pet pink sheet have on its future price. First Pet 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, First Pet autocorrelation shows the relationship between First Pet pink sheet current value and its past values and can show if there is a momentum factor associated with investing in First Pet Life.

First Pet financial ratios help investors to determine whether First 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 First with respect to the benefits of owning First Pet security.