Green Cures Botanical Stock Market Value
| GRCU Stock | USD 0.0002 0.0001 100.00% |
| Symbol | Green |
Green Cures '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 Cures' 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 Cures.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Green Cures on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Green Cures Botanical or generate 0.0% return on investment in Green Cures over 510 days. Green Cures Botanical Distribution Inc. operates various services and products in the medical marijuana and botanical in... More
Green Cures 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 Cures' 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 Cures Botanical upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 51.89 | |||
| Information Ratio | 0.2064 | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (50.00) | |||
| Potential Upside | 100.0 |
Green Cures Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Green Cures' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Green Cures' standard deviation. In reality, there are many statistical measures that can use Green Cures historical prices to predict the future Green Cures' volatility.| Risk Adjusted Performance | 0.1695 | |||
| Jensen Alpha | 11.0 | |||
| Total Risk Alpha | 2.71 | |||
| Sortino Ratio | 0.2019 | |||
| Treynor Ratio | (3.14) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Green Cures' 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 Cures Botanical Backtested Returns
Green Cures is out of control given 3 months investment horizon. Green Cures Botanical holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 10.16% are justified by taking the suggested risk. Use Green Cures Botanical Downside Deviation of 51.89, risk adjusted performance of 0.1695, and Market Risk Adjusted Performance of (3.13) to evaluate company specific risk that cannot be diversified away. Green Cures holds a performance score of 16 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -3.37, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Green Cures are expected to decrease by larger amounts. On the other hand, during market turmoil, Green Cures is expected to outperform it. Use Green Cures Botanical jensen alpha and the relationship between the value at risk and day median price , to analyze future returns on Green Cures Botanical.
Auto-correlation | 0.03 |
Virtually no predictability
Green Cures Botanical has virtually no predictability. Overlapping area represents the amount of predictability between Green Cures time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Cures Botanical price movement. The serial correlation of 0.03 indicates that only 3.0% of current Green Cures price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Green Cures Botanical lagged returns against current returns
Autocorrelation, which is Green Cures 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 Cures' pink sheet expected returns. We can calculate the autocorrelation of Green Cures returns to help us make a trade decision. For example, suppose you find that Green Cures 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 Cures 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 Cures pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Green Cures 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 Cures pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Green Cures Lagged Returns
When evaluating Green Cures' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Green Cures pink sheet have on its future price. Green Cures 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 Cures autocorrelation shows the relationship between Green Cures pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Green Cures Botanical.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Green Pink Sheet Analysis
When running Green Cures' price analysis, check to measure Green Cures' 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 Green Cures is operating at the current time. Most of Green Cures' value examination focuses on studying past and present price action to predict the probability of Green Cures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Green Cures' price. Additionally, you may evaluate how the addition of Green Cures to your portfolios can decrease your overall portfolio volatility.