Mj Holdings Stock Market Value
| MJNE Stock | USD 0.0001 0.00 0.00% |
| Symbol | MJNE |
MJ Holdings '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 MJ Holdings' 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 MJ Holdings.
| 01/08/2024 |
| 12/28/2025 |
If you would invest 0.00 in MJ Holdings on January 8, 2024 and sell it all today you would earn a total of 0.00 from holding MJ Holdings or generate 0.0% return on investment in MJ Holdings over 720 days. MJ Holdings, Inc., a cannabis holding company, engages in cultivation management, asset, and infrastructure development ... More
MJ Holdings 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 MJ Holdings' 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 MJ Holdings upside and downside potential and time the market with a certain degree of confidence.
MJ Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MJ Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MJ Holdings' standard deviation. In reality, there are many statistical measures that can use MJ Holdings historical prices to predict the future MJ Holdings' volatility.MJ Holdings Backtested Returns
We have found three technical indicators for MJ Holdings, which you can use to evaluate the volatility of the firm. The company owns a Beta (Systematic Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and MJ Holdings are completely uncorrelated.
Auto-correlation | 0.37 |
Below average predictability
MJ Holdings has below average predictability. Overlapping area represents the amount of predictability between MJ Holdings time series from 8th of January 2024 to 2nd of January 2025 and 2nd of January 2025 to 28th of December 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 MJ Holdings price movement. The serial correlation of 0.37 indicates that just about 37.0% of current MJ Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
MJ Holdings lagged returns against current returns
Autocorrelation, which is MJ Holdings 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 MJ Holdings' pink sheet expected returns. We can calculate the autocorrelation of MJ Holdings returns to help us make a trade decision. For example, suppose you find that MJ Holdings 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 |
MJ Holdings 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 MJ Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MJ Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MJ Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
MJ Holdings Lagged Returns
When evaluating MJ Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MJ Holdings pink sheet have on its future price. MJ Holdings 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, MJ Holdings autocorrelation shows the relationship between MJ Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in MJ Holdings.
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 MJNE Pink Sheet
MJ Holdings financial ratios help investors to determine whether MJNE 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 MJNE with respect to the benefits of owning MJ Holdings security.