Planting Hope Co Stock Market Value
| MYLK Stock | 0.01 0.00 0.00% |
| Symbol | Planting |
Planting Hope Price To Book Ratio
Planting Hope '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 Planting Hope's 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 Planting Hope.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Planting Hope on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Planting Hope Co or generate 0.0% return on investment in Planting Hope over 720 days. Planting Hope is related to or competes with Northstar Clean. Planting Hope is entity of Canada. It is traded as Stock on V exchange. More
Planting Hope 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 Planting Hope's 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 Planting Hope Co upside and downside potential and time the market with a certain degree of confidence.
Planting Hope Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Planting Hope's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Planting Hope's standard deviation. In reality, there are many statistical measures that can use Planting Hope historical prices to predict the future Planting Hope's volatility.Planting Hope Backtested Returns
We have found three technical indicators for Planting Hope, which you can use to evaluate the volatility of the company. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Planting Hope are completely uncorrelated.
Auto-correlation | 0.76 |
Good predictability
Planting Hope Co has good predictability. Overlapping area represents the amount of predictability between Planting Hope time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Planting Hope price movement. The serial correlation of 0.76 indicates that around 76.0% of current Planting Hope price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Planting Hope lagged returns against current returns
Autocorrelation, which is Planting Hope 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 Planting Hope's stock expected returns. We can calculate the autocorrelation of Planting Hope returns to help us make a trade decision. For example, suppose you find that Planting Hope has exhibited high autocorrelation historically, and you observe that the 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 |
Planting Hope 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 Planting Hope stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Planting Hope stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Planting Hope stock over time.
Current vs Lagged Prices |
| Timeline |
Planting Hope Lagged Returns
When evaluating Planting Hope's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Planting Hope stock have on its future price. Planting Hope 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, Planting Hope autocorrelation shows the relationship between Planting Hope stock current value and its past values and can show if there is a momentum factor associated with investing in Planting Hope Co.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Planting Stock Analysis
When running Planting Hope's price analysis, check to measure Planting Hope'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 Planting Hope is operating at the current time. Most of Planting Hope's value examination focuses on studying past and present price action to predict the probability of Planting Hope's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Planting Hope's price. Additionally, you may evaluate how the addition of Planting Hope to your portfolios can decrease your overall portfolio volatility.