Givemepower Corp Stock Market Value
| GMPW Stock | USD 0.01 0 16.67% |
| Symbol | GiveMePower |
GiveMePower Corp '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 GiveMePower Corp'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 GiveMePower Corp.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in GiveMePower Corp on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding GiveMePower Corp or generate 0.0% return on investment in GiveMePower Corp over 720 days. GiveMePower Corp is related to or competes with Boxlight Corp, Siyata Mobile, ClearOne, HUMANA, Barloworld, Morningstar Unconstrained, and High-yield Municipal. GiveMePower Corporation operates and manages a portfolio of real estate and financial services assets and operations in ... More
GiveMePower Corp 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 GiveMePower Corp'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 GiveMePower Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 112.69 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 16.56 |
GiveMePower Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GiveMePower Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GiveMePower Corp's standard deviation. In reality, there are many statistical measures that can use GiveMePower Corp historical prices to predict the future GiveMePower Corp's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | 0.024 | |||
| Total Risk Alpha | (2.35) | |||
| Treynor Ratio | 0.1093 |
GiveMePower Corp Backtested Returns
GiveMePower Corp holds Efficiency (Sharpe) Ratio of -0.0163, which attests that the entity had a -0.0163% return per unit of risk over the last 3 months. GiveMePower Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GiveMePower Corp's Standard Deviation of 13.46, market risk adjusted performance of 0.1193, and insignificant Risk Adjusted Performance to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -2.08, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning GiveMePower Corp are expected to decrease by larger amounts. On the other hand, during market turmoil, GiveMePower Corp is expected to outperform it. At this point, GiveMePower Corp has a negative expected return of -0.22%. Please make sure to check out GiveMePower Corp's maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if GiveMePower Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.24 |
Weak predictability
GiveMePower Corp has weak predictability. Overlapping area represents the amount of predictability between GiveMePower Corp time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th of November 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 GiveMePower Corp price movement. The serial correlation of 0.24 indicates that over 24.0% of current GiveMePower Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
GiveMePower Corp lagged returns against current returns
Autocorrelation, which is GiveMePower Corp 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 GiveMePower Corp's pink sheet expected returns. We can calculate the autocorrelation of GiveMePower Corp returns to help us make a trade decision. For example, suppose you find that GiveMePower Corp 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 |
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GiveMePower Corp 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 GiveMePower Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GiveMePower Corp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GiveMePower Corp pink sheet over time.
Current vs Lagged Prices |
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GiveMePower Corp Lagged Returns
When evaluating GiveMePower Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GiveMePower Corp pink sheet have on its future price. GiveMePower Corp 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, GiveMePower Corp autocorrelation shows the relationship between GiveMePower Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in GiveMePower Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for GiveMePower Pink Sheet Analysis
When running GiveMePower Corp's price analysis, check to measure GiveMePower Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GiveMePower Corp is operating at the current time. Most of GiveMePower Corp's value examination focuses on studying past and present price action to predict the probability of GiveMePower Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GiveMePower Corp's price. Additionally, you may evaluate how the addition of GiveMePower Corp to your portfolios can decrease your overall portfolio volatility.