Grow Capital Stock Market Value
| GRWC Stock | USD 0.10 0.02 25.00% |
| Symbol | Grow |
Grow Capital '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 Grow Capital'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 Grow Capital.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Grow Capital on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Grow Capital or generate 0.0% return on investment in Grow Capital over 30 days. Grow Capital is related to or competes with Snowflake, Zoom Video, Shopify, Workday, and Salesforce. Grow Capital, Inc. operates in the financial technology sector More
Grow Capital 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 Grow Capital'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 Grow Capital upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 20.63 | |||
| Information Ratio | 0.0599 | |||
| Maximum Drawdown | 99.49 | |||
| Value At Risk | (29.00) | |||
| Potential Upside | 27.27 |
Grow Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grow Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grow Capital's standard deviation. In reality, there are many statistical measures that can use Grow Capital historical prices to predict the future Grow Capital's volatility.| Risk Adjusted Performance | 0.0612 | |||
| Jensen Alpha | 1.2 | |||
| Total Risk Alpha | (1.61) | |||
| Sortino Ratio | 0.0515 | |||
| Treynor Ratio | (11.93) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Grow Capital'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.
Grow Capital Backtested Returns
Grow Capital is out of control given 3 months investment horizon. Grow Capital holds Efficiency (Sharpe) Ratio of 0.0746, which attests that the entity had a 0.0746% return per unit of risk over the last 3 months. We are able to interpolate and break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.22% are justified by taking the suggested risk. Use Grow Capital Market Risk Adjusted Performance of (11.92), risk adjusted performance of 0.0612, and Downside Deviation of 20.63 to evaluate company specific risk that cannot be diversified away. Grow Capital holds a performance score of 5 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -0.0993, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Grow Capital are expected to decrease at a much lower rate. During the bear market, Grow Capital is likely to outperform the market. Use Grow Capital treynor ratio and the relationship between the downside variance and day median price , to analyze future returns on Grow Capital.
Auto-correlation | -0.03 |
Very weak reverse predictability
Grow Capital has very weak reverse predictability. Overlapping area represents the amount of predictability between Grow Capital time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Grow Capital price movement. The serial correlation of -0.03 indicates that only 3.0% of current Grow Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Grow Capital lagged returns against current returns
Autocorrelation, which is Grow Capital 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 Grow Capital's pink sheet expected returns. We can calculate the autocorrelation of Grow Capital returns to help us make a trade decision. For example, suppose you find that Grow Capital 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 |
Grow Capital 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 Grow Capital pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grow Capital pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grow Capital pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Grow Capital Lagged Returns
When evaluating Grow Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grow Capital pink sheet have on its future price. Grow Capital 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, Grow Capital autocorrelation shows the relationship between Grow Capital pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Grow Capital.
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.Other Information on Investing in Grow Pink Sheet
Grow Capital financial ratios help investors to determine whether Grow Pink Sheet 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 Grow with respect to the benefits of owning Grow Capital security.