Ianthus Capital Holdings Stock Market Value
| ITHUF Stock | USD 0 0.0009 18.00% |
| Symbol | IAnthus |
IAnthus 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 IAnthus 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 IAnthus Capital.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in IAnthus Capital on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding iAnthus Capital Holdings or generate 0.0% return on investment in IAnthus Capital over 30 days. iAnthus Capital Holdings, Inc. owns and operates licensed cannabis cultivation, processing, and dispensary facilities in... More
IAnthus 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 IAnthus 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 iAnthus Capital Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 38.53 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 10.0 |
IAnthus Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IAnthus Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IAnthus Capital's standard deviation. In reality, there are many statistical measures that can use IAnthus Capital historical prices to predict the future IAnthus Capital's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (1.41) | |||
| Total Risk Alpha | (2.51) | |||
| Treynor Ratio | (22.36) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IAnthus 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.
iAnthus Capital Holdings Backtested Returns
iAnthus Capital Holdings holds Efficiency (Sharpe) Ratio of -0.21, which attests that the company had a -0.21% return per unit of risk over the last 3 months. iAnthus Capital Holdings exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IAnthus Capital's Standard Deviation of 7.14, market risk adjusted performance of (22.35), and Coefficient Of Variation of (512.88) to validate the risk estimate we provide. The firm retains a Market Volatility (i.e., Beta) of 0.0627, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IAnthus Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding IAnthus Capital is expected to be smaller as well. At this point, iAnthus Capital Holdings has a negative expected return of -1.6%. Please make sure to check out IAnthus Capital's information ratio, potential upside, as well as the relationship between the Potential Upside and rate of daily change , to decide if iAnthus Capital Holdings performance from the past will be repeated at some future point.
Auto-correlation | 0.74 |
Good predictability
iAnthus Capital Holdings has good predictability. Overlapping area represents the amount of predictability between IAnthus 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 iAnthus Capital Holdings price movement. The serial correlation of 0.74 indicates that around 74.0% of current IAnthus Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
iAnthus Capital Holdings lagged returns against current returns
Autocorrelation, which is IAnthus 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 IAnthus Capital's pink sheet expected returns. We can calculate the autocorrelation of IAnthus Capital returns to help us make a trade decision. For example, suppose you find that IAnthus 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 |
IAnthus 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 IAnthus Capital pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IAnthus 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 IAnthus Capital pink sheet over time.
Current vs Lagged Prices |
| Timeline |
IAnthus Capital Lagged Returns
When evaluating IAnthus Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IAnthus Capital pink sheet have on its future price. IAnthus 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, IAnthus Capital autocorrelation shows the relationship between IAnthus Capital pink sheet current value and its past values and can show if there is a momentum factor associated with investing in iAnthus Capital Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in IAnthus Pink Sheet
IAnthus Capital financial ratios help investors to determine whether IAnthus 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 IAnthus with respect to the benefits of owning IAnthus Capital security.