Salona Global Medical Stock Market Value
| LNDZF Stock | USD 0.0001 0.00 0.00% |
| Symbol | Salona |
Salona Global '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 Salona Global'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 Salona Global.
| 12/12/2025 |
| 01/11/2026 |
If you would invest 0.00 in Salona Global on December 12, 2025 and sell it all today you would earn a total of 0.00 from holding Salona Global Medical or generate 0.0% return on investment in Salona Global over 30 days. Salona Global Medical Device Corporation, through its subsidiaries, engages in the production and sale of medical device... More
Salona Global 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 Salona Global'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 Salona Global Medical upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 98.33 |
Salona Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Salona Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Salona Global's standard deviation. In reality, there are many statistical measures that can use Salona Global historical prices to predict the future Salona Global's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (1.63) | |||
| Total Risk Alpha | (2.87) | |||
| Treynor Ratio | (0.96) |
Salona Global Medical Backtested Returns
Salona Global Medical owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13 % return per unit of risk over the last 3 months. Salona Global Medical exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Salona Global's Coefficient Of Variation of (812.40), risk adjusted performance of (0.08), and Variance of 146.51 to confirm the risk estimate we provide. The entity has a beta of 1.56, which indicates 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, Salona Global will likely underperform. At this point, Salona Global Medical has a negative expected return of -1.56%. Please make sure to validate Salona Global's variance and kurtosis , to decide if Salona Global Medical performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Salona Global Medical has no correlation between past and present. Overlapping area represents the amount of predictability between Salona Global time series from 12th of December 2025 to 27th of December 2025 and 27th of December 2025 to 11th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Salona Global Medical price movement. The serial correlation of 0.0 indicates that just 0.0% of current Salona Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Salona Global Medical lagged returns against current returns
Autocorrelation, which is Salona Global 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 Salona Global's pink sheet expected returns. We can calculate the autocorrelation of Salona Global returns to help us make a trade decision. For example, suppose you find that Salona Global 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 |
Salona Global 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 Salona Global pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Salona Global pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Salona Global pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Salona Global Lagged Returns
When evaluating Salona Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Salona Global pink sheet have on its future price. Salona Global 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, Salona Global autocorrelation shows the relationship between Salona Global pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Salona Global Medical.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Salona Pink Sheet
Salona Global financial ratios help investors to determine whether Salona 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 Salona with respect to the benefits of owning Salona Global security.