Forty Pillars Mining Stock Market Value

Symbol

Forty

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 Forty Pillars' 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 Forty Pillars.

Forty Pillars Upside/Downside Indicators

Forty Pillars Market Risk Indicators

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

Autocorrelation, which is Forty Pillars 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 Forty Pillars' pink sheet expected returns. We can calculate the autocorrelation of Forty Pillars returns to help us make a trade decision. For example, suppose you find that Forty Pillars 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 Forty Pillars pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Forty Pillars pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Forty Pillars pink sheet over time.

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

Forty Pillars financial ratios help investors to determine whether Forty 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 Forty with respect to the benefits of owning Forty Pillars security.