Mchenry Metals Golf Stock Market Value
| GLFN Stock | USD 0.0003 0.00 0.00% |
| Symbol | McHenry |
McHenry Metals '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 McHenry Metals' 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 McHenry Metals.
| 11/25/2025 |
| 12/25/2025 |
If you would invest 0.00 in McHenry Metals on November 25, 2025 and sell it all today you would earn a total of 0.00 from holding McHenry Metals Golf or generate 0.0% return on investment in McHenry Metals over 30 days. McHenry Metals Golf Corp. engages in the design, development, and marketing of golf clubs More
McHenry Metals 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 McHenry Metals' 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 McHenry Metals Golf upside and downside potential and time the market with a certain degree of confidence.
McHenry Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for McHenry Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as McHenry Metals' standard deviation. In reality, there are many statistical measures that can use McHenry Metals historical prices to predict the future McHenry Metals' volatility.McHenry Metals Golf Backtested Returns
We have found three technical indicators for McHenry Metals, which you can use to evaluate the volatility of the firm. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and McHenry Metals are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
McHenry Metals Golf has perfect predictability. Overlapping area represents the amount of predictability between McHenry Metals time series from 25th of November 2025 to 10th of December 2025 and 10th of December 2025 to 25th of December 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 McHenry Metals Golf price movement. The serial correlation of 1.0 indicates that 100.0% of current McHenry Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
McHenry Metals Golf lagged returns against current returns
Autocorrelation, which is McHenry Metals 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 McHenry Metals' otc stock expected returns. We can calculate the autocorrelation of McHenry Metals returns to help us make a trade decision. For example, suppose you find that McHenry Metals 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 |
McHenry Metals 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 McHenry Metals otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if McHenry Metals otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in McHenry Metals otc stock over time.
Current vs Lagged Prices |
| Timeline |
McHenry Metals Lagged Returns
When evaluating McHenry Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of McHenry Metals otc stock have on its future price. McHenry Metals 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, McHenry Metals autocorrelation shows the relationship between McHenry Metals otc stock current value and its past values and can show if there is a momentum factor associated with investing in McHenry Metals Golf.
Regressed Prices |
| Timeline |
Pair Trading with McHenry Metals
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if McHenry Metals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in McHenry Metals will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to McHenry Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace McHenry Metals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back McHenry Metals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling McHenry Metals Golf to buy it.
The correlation of McHenry Metals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as McHenry Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if McHenry Metals Golf moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for McHenry Metals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in McHenry OTC Stock
McHenry Metals financial ratios help investors to determine whether McHenry 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 McHenry with respect to the benefits of owning McHenry Metals security.