Green Growth Brands Stock Market Value
Green Growth's market value is the price at which a share of Green Growth trades on a public exchange. It measures the collective expectations of Green Growth Brands investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Green Growth Brands and determine expected loss or profit from investing in Green Growth over a given investment horizon. Check out Green Growth Correlation, Green Growth Volatility and Green Growth Alpha and Beta module to complement your research on Green Growth.
| Symbol | Green |
Green Growth '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 Green Growth'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 Green Growth.
| 12/08/2023 |
| 12/02/2024 |
If you would invest 0.00 in Green Growth on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding Green Growth Brands or generate 0.0% return on investment in Green Growth over 360 days. Green Growth is related to or competes with Marimed, and Cansortium. Green Growth Brands Inc., together with its subsidiaries, engages in the cultivation, processing, production, distributi... More
Green Growth 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 Green Growth'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 Green Growth Brands upside and downside potential and time the market with a certain degree of confidence.
Green Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Green Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Green Growth's standard deviation. In reality, there are many statistical measures that can use Green Growth historical prices to predict the future Green Growth's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Green Growth'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.
Green Growth Brands Backtested Returns
We have found zero technical indicators for Green Growth Brands, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Green Growth are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Green Growth Brands has no correlation between past and present. Overlapping area represents the amount of predictability between Green Growth time series from 8th of December 2023 to 5th of June 2024 and 5th of June 2024 to 2nd of December 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 Green Growth Brands price movement. The serial correlation of 0.0 indicates that just 0.0% of current Green Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Green Growth Brands lagged returns against current returns
Autocorrelation, which is Green Growth 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 Green Growth's pink sheet expected returns. We can calculate the autocorrelation of Green Growth returns to help us make a trade decision. For example, suppose you find that Green Growth 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 |
Green Growth 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 Green Growth pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Green Growth pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Green Growth pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Green Growth Lagged Returns
When evaluating Green Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Green Growth pink sheet have on its future price. Green Growth 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, Green Growth autocorrelation shows the relationship between Green Growth pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Green Growth Brands.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Green Pink Sheet
Green Growth financial ratios help investors to determine whether Green 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 Green with respect to the benefits of owning Green Growth security.