Wayland Group Corp Stock Market Value
| MRRCF Stock | USD 0.0001 0.00 0.00% |
| Symbol | Wayland |
Wayland Group '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 Wayland Group'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 Wayland Group.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Wayland Group on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Wayland Group Corp or generate 0.0% return on investment in Wayland Group over 30 days. Wayland Group Corp. produces and sells medical and non-medical cannabis for cannabis patients and consumers in Canada an... More
Wayland Group 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 Wayland Group'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 Wayland Group Corp upside and downside potential and time the market with a certain degree of confidence.
Wayland Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wayland Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wayland Group's standard deviation. In reality, there are many statistical measures that can use Wayland Group historical prices to predict the future Wayland Group's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wayland Group'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.
Wayland Group Corp Backtested Returns
We have found three technical indicators for Wayland Group Corp, which you can use to evaluate the volatility of the company. The firm maintains a market beta of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Wayland Group are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Wayland Group Corp has no correlation between past and present. Overlapping area represents the amount of predictability between Wayland Group time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 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 Wayland Group Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Wayland Group 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 |
Wayland Group Corp lagged returns against current returns
Autocorrelation, which is Wayland Group 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 Wayland Group's pink sheet expected returns. We can calculate the autocorrelation of Wayland Group returns to help us make a trade decision. For example, suppose you find that Wayland Group 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 |
Wayland Group 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 Wayland Group pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wayland Group pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wayland Group pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Wayland Group Lagged Returns
When evaluating Wayland Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wayland Group pink sheet have on its future price. Wayland Group 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, Wayland Group autocorrelation shows the relationship between Wayland Group pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Wayland Group Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Wayland Pink Sheet
Wayland Group financial ratios help investors to determine whether Wayland 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 Wayland with respect to the benefits of owning Wayland Group security.