Grey Cloak Tech Stock Market Value
| HYEX Stock | USD 1.50 0.50 25.00% |
| Symbol | Grey |
Grey Cloak '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 Grey Cloak'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 Grey Cloak.
| 08/05/2024 |
| 02/01/2025 |
If you would invest 0.00 in Grey Cloak on August 5, 2024 and sell it all today you would earn a total of 0.00 from holding Grey Cloak Tech or generate 0.0% return on investment in Grey Cloak over 180 days. Grey Cloak is related to or competes with Cannara Biotech. Healthy Extracts Inc., through its subsidiaries, researches, develops, and markets natural plant-based products in the U... More
Grey Cloak 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 Grey Cloak'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 Grey Cloak Tech upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 110.95 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 22.16 |
Grey Cloak Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grey Cloak's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grey Cloak's standard deviation. In reality, there are many statistical measures that can use Grey Cloak historical prices to predict the future Grey Cloak's volatility.| Risk Adjusted Performance | 6.0E-4 | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (1.80) | |||
| Treynor Ratio | (0.08) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Grey Cloak'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.
Grey Cloak Tech Backtested Returns
Grey Cloak appears to be out of control, given 3 months investment horizon. Grey Cloak Tech holds Efficiency (Sharpe) Ratio of 0.0354, which attests that the entity had a 0.0354 % return per unit of risk over the last 3 months. By evaluating Grey Cloak's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize Grey Cloak's Risk Adjusted Performance of 6.0E-4, market risk adjusted performance of (0.07), and Standard Deviation of 15.1 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Grey Cloak holds a performance score of 2. The company retains a Market Volatility (i.e., Beta) of 2.05, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Grey Cloak will likely underperform. Please check Grey Cloak's mean deviation, total risk alpha, as well as the relationship between the Total Risk Alpha and rate of daily change , to make a quick decision on whether Grey Cloak's current trending patterns will revert.
Auto-correlation | 0.05 |
Virtually no predictability
Grey Cloak Tech has virtually no predictability. Overlapping area represents the amount of predictability between Grey Cloak time series from 5th of August 2024 to 3rd of November 2024 and 3rd of November 2024 to 1st 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 Grey Cloak Tech price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Grey Cloak price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.32 |
Grey Cloak Tech lagged returns against current returns
Autocorrelation, which is Grey Cloak 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 Grey Cloak's otc stock expected returns. We can calculate the autocorrelation of Grey Cloak returns to help us make a trade decision. For example, suppose you find that Grey Cloak 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 |
Grey Cloak 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 Grey Cloak otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grey Cloak otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grey Cloak otc stock over time.
Current vs Lagged Prices |
| Timeline |
Grey Cloak Lagged Returns
When evaluating Grey Cloak's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grey Cloak otc stock have on its future price. Grey Cloak 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, Grey Cloak autocorrelation shows the relationship between Grey Cloak otc stock current value and its past values and can show if there is a momentum factor associated with investing in Grey Cloak Tech.
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.Additional Tools for Grey OTC Stock Analysis
When running Grey Cloak's price analysis, check to measure Grey Cloak'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 Grey Cloak is operating at the current time. Most of Grey Cloak's value examination focuses on studying past and present price action to predict the probability of Grey Cloak's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grey Cloak's price. Additionally, you may evaluate how the addition of Grey Cloak to your portfolios can decrease your overall portfolio volatility.