Hempamericana Stock Market Value
HempAmericana's market value is the price at which a share of HempAmericana trades on a public exchange. It measures the collective expectations of HempAmericana investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of HempAmericana and determine expected loss or profit from investing in HempAmericana over a given investment horizon. Check out HempAmericana Correlation, HempAmericana Volatility and HempAmericana Alpha and Beta module to complement your research on HempAmericana.
| Symbol | HempAmericana |
HempAmericana '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 HempAmericana'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 HempAmericana.
| 01/08/2025 |
| 02/07/2025 |
If you would invest 0.00 in HempAmericana on January 8, 2025 and sell it all today you would earn a total of 0.00 from holding HempAmericana or generate 0.0% return on investment in HempAmericana over 30 days. HempAmericana, Inc. researches, develops, and sells products made of industrial hemp in the United States More
HempAmericana 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 HempAmericana'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 HempAmericana upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1541 | |||
| Maximum Drawdown | 1100.0 |
HempAmericana Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HempAmericana's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HempAmericana's standard deviation. In reality, there are many statistical measures that can use HempAmericana historical prices to predict the future HempAmericana's volatility.| Risk Adjusted Performance | 0.1383 | |||
| Jensen Alpha | 29.9 | |||
| Total Risk Alpha | 9.0 | |||
| Treynor Ratio | (1.58) |
HempAmericana Backtested Returns
HempAmericana is out of control given 3 months investment horizon. HempAmericana holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16 % return per unit of risk over the last 3 months. We were able to interpolate data for thirteen different technical indicators, which can help you to evaluate if expected returns of 28.81% are justified by taking the suggested risk. Use HempAmericana Risk Adjusted Performance of 0.1383, market risk adjusted performance of (1.57), and Standard Deviation of 183.28 to evaluate company specific risk that cannot be diversified away. HempAmericana holds a performance score of 12 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -17.97, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning HempAmericana are expected to decrease by larger amounts. On the other hand, during market turmoil, HempAmericana is expected to outperform it. Use HempAmericana variance and kurtosis , to analyze future returns on HempAmericana.
Auto-correlation | 0.00 |
No correlation between past and present
HempAmericana has no correlation between past and present. Overlapping area represents the amount of predictability between HempAmericana time series from 8th of January 2025 to 23rd of January 2025 and 23rd of January 2025 to 7th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of HempAmericana price movement. The serial correlation of 0.0 indicates that just 0.0% of current HempAmericana price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
HempAmericana lagged returns against current returns
Autocorrelation, which is HempAmericana 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 HempAmericana's pink sheet expected returns. We can calculate the autocorrelation of HempAmericana returns to help us make a trade decision. For example, suppose you find that HempAmericana 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 |
HempAmericana 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 HempAmericana pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HempAmericana pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HempAmericana pink sheet over time.
Current vs Lagged Prices |
| Timeline |
HempAmericana Lagged Returns
When evaluating HempAmericana's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HempAmericana pink sheet have on its future price. HempAmericana 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, HempAmericana autocorrelation shows the relationship between HempAmericana pink sheet current value and its past values and can show if there is a momentum factor associated with investing in HempAmericana.
Regressed Prices |
| Timeline |
Additional Tools for HempAmericana Pink Sheet Analysis
When running HempAmericana's price analysis, check to measure HempAmericana'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 HempAmericana is operating at the current time. Most of HempAmericana's value examination focuses on studying past and present price action to predict the probability of HempAmericana's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HempAmericana's price. Additionally, you may evaluate how the addition of HempAmericana to your portfolios can decrease your overall portfolio volatility.