Green Panda Capital Stock Market Value
| GPCC-P Stock | CAD 0.07 0.00 0.00% |
| Symbol | Green |
Green Panda '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 Panda's 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 Green Panda.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Green Panda on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Green Panda Capital or generate 0.0% return on investment in Green Panda over 30 days. Green Panda is related to or competes with Bausch Health, NorthWest Healthcare, Sangoma Technologies, Totally Hip, Ocumetics Technology, and Exco Technologies. Green Panda Capital Corp. does not have significant operations More
Green Panda 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 Panda's 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 Green Panda Capital upside and downside potential and time the market with a certain degree of confidence.
Green Panda Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Green Panda's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Green Panda's standard deviation. In reality, there are many statistical measures that can use Green Panda historical prices to predict the future Green Panda's volatility.Green Panda Capital Backtested Returns
We have found three technical indicators for Green Panda Capital, 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 Panda are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Green Panda Capital has perfect predictability. Overlapping area represents the amount of predictability between Green Panda time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Green Panda Capital price movement. The serial correlation of 1.0 indicates that 100.0% of current Green Panda 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 |
Green Panda Capital lagged returns against current returns
Autocorrelation, which is Green Panda 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 Green Panda's stock expected returns. We can calculate the autocorrelation of Green Panda returns to help us make a trade decision. For example, suppose you find that Green Panda has exhibited high autocorrelation historically, and you observe that the 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 |
Green Panda 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 Panda stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Green Panda stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Green Panda stock over time.
Current vs Lagged Prices |
| Timeline |
Green Panda Lagged Returns
When evaluating Green Panda's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Green Panda stock have on its future price. Green Panda 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 Panda autocorrelation shows the relationship between Green Panda stock current value and its past values and can show if there is a momentum factor associated with investing in Green Panda Capital.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Green Stock
Green Panda financial ratios help investors to determine whether Green 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 Green with respect to the benefits of owning Green Panda security.