Grown Rogue International Stock Market Value
| GRUSF Stock | USD 0.66 0.04 5.71% |
| Symbol | Grown |
Grown Rogue '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 Grown Rogue's 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 Grown Rogue.
| 09/30/2023 |
| 11/23/2024 |
If you would invest 0.00 in Grown Rogue on September 30, 2023 and sell it all today you would earn a total of 0.00 from holding Grown Rogue International or generate 0.0% return on investment in Grown Rogue over 420 days. Grown Rogue is related to or competes with Goodness Growth, and C21 Investments. Grown Rogue International Inc., through its subsidiaries, engages in growing and selling cannabis products in the United... More
Grown Rogue 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 Grown Rogue's 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 Grown Rogue International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.82 | |||
| Information Ratio | 0.0506 | |||
| Maximum Drawdown | 18.46 | |||
| Value At Risk | (5.56) | |||
| Potential Upside | 6.25 |
Grown Rogue Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grown Rogue's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grown Rogue's standard deviation. In reality, there are many statistical measures that can use Grown Rogue historical prices to predict the future Grown Rogue's volatility.| Risk Adjusted Performance | 0.0688 | |||
| Jensen Alpha | 0.2158 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0498 | |||
| Treynor Ratio | 0.3903 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Grown Rogue'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.
Grown Rogue International Backtested Returns
At this point, Grown Rogue is abnormally volatile. Grown Rogue International holds Efficiency (Sharpe) Ratio of 0.0313, which attests that the entity had a 0.0313% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Grown Rogue International, which you can use to evaluate the volatility of the firm. Please check out Grown Rogue's Downside Deviation of 3.82, risk adjusted performance of 0.0688, and Market Risk Adjusted Performance of 0.4003 to validate if the risk estimate we provide is consistent with the expected return of 0.12%. Grown Rogue has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.74, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Grown Rogue's returns are expected to increase less than the market. However, during the bear market, the loss of holding Grown Rogue is expected to be smaller as well. Grown Rogue International right now retains a risk of 3.83%. Please check out Grown Rogue maximum drawdown and the relationship between the expected short fall and relative strength index , to decide if Grown Rogue will be following its current trending patterns.
Auto-correlation | -0.02 |
Very weak reverse predictability
Grown Rogue International has very weak reverse predictability. Overlapping area represents the amount of predictability between Grown Rogue time series from 30th of September 2023 to 27th of April 2024 and 27th of April 2024 to 23rd 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 Grown Rogue International price movement. The serial correlation of -0.02 indicates that only 2.0% of current Grown Rogue price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Grown Rogue International lagged returns against current returns
Autocorrelation, which is Grown Rogue 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 Grown Rogue's otc stock expected returns. We can calculate the autocorrelation of Grown Rogue returns to help us make a trade decision. For example, suppose you find that Grown Rogue 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 |
Grown Rogue 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 Grown Rogue otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grown Rogue otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grown Rogue otc stock over time.
Current vs Lagged Prices |
| Timeline |
Grown Rogue Lagged Returns
When evaluating Grown Rogue's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grown Rogue otc stock have on its future price. Grown Rogue 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, Grown Rogue autocorrelation shows the relationship between Grown Rogue otc stock current value and its past values and can show if there is a momentum factor associated with investing in Grown Rogue International.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Grown OTC Stock
Grown Rogue financial ratios help investors to determine whether Grown 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 Grown with respect to the benefits of owning Grown Rogue security.