Speakeasy Cannabis Club Stock Market Value

Speakeasy Cannabis' market value is the price at which a share of Speakeasy Cannabis trades on a public exchange. It measures the collective expectations of Speakeasy Cannabis Club investors about its performance.
With this module, you can estimate the performance of a buy and hold strategy of Speakeasy Cannabis Club and determine expected loss or profit from investing in Speakeasy Cannabis over a given investment horizon. Check out Speakeasy Cannabis Correlation, Speakeasy Cannabis Volatility and Speakeasy Cannabis Alpha and Beta module to complement your research on Speakeasy Cannabis.
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Please note, there is a significant difference between Speakeasy Cannabis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Speakeasy Cannabis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Speakeasy Cannabis' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Speakeasy Cannabis '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 Speakeasy Cannabis' 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 Speakeasy Cannabis.
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10/24/2024
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In 31 days
11/23/2024
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If you would invest  0.00  in Speakeasy Cannabis on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Speakeasy Cannabis Club or generate 0.0% return on investment in Speakeasy Cannabis over 30 days. Speakeasy Cannabis Club Ltd. focuses on producing medical cannabis in Canada More

Speakeasy Cannabis 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 Speakeasy Cannabis' 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 Speakeasy Cannabis Club upside and downside potential and time the market with a certain degree of confidence.

Speakeasy Cannabis Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Speakeasy Cannabis' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Speakeasy Cannabis' standard deviation. In reality, there are many statistical measures that can use Speakeasy Cannabis historical prices to predict the future Speakeasy Cannabis' volatility.
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Speakeasy Cannabis. Your research has to be compared to or analyzed against Speakeasy Cannabis' peers to derive any actionable benefits. When done correctly, Speakeasy Cannabis' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Speakeasy Cannabis Club.

Speakeasy Cannabis Club Backtested Returns

We have found zero technical indicators for Speakeasy Cannabis Club, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Speakeasy Cannabis are completely uncorrelated.

Auto-correlation

    
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No correlation between past and present

Speakeasy Cannabis Club has no correlation between past and present. Overlapping area represents the amount of predictability between Speakeasy Cannabis time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Speakeasy Cannabis Club price movement. The serial correlation of 0.0 indicates that just 0.0% of current Speakeasy Cannabis price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test1.0
Residual Average0.0
Price Variance0.0

Speakeasy Cannabis Club lagged returns against current returns

Autocorrelation, which is Speakeasy Cannabis 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 Speakeasy Cannabis' pink sheet expected returns. We can calculate the autocorrelation of Speakeasy Cannabis returns to help us make a trade decision. For example, suppose you find that Speakeasy Cannabis 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   
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Speakeasy Cannabis 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 Speakeasy Cannabis pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Speakeasy Cannabis pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Speakeasy Cannabis pink sheet over time.
   Current vs Lagged Prices   
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Speakeasy Cannabis Lagged Returns

When evaluating Speakeasy Cannabis' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Speakeasy Cannabis pink sheet have on its future price. Speakeasy Cannabis 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, Speakeasy Cannabis autocorrelation shows the relationship between Speakeasy Cannabis pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Speakeasy Cannabis Club.
   Regressed Prices   
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Other Information on Investing in Speakeasy Pink Sheet

Speakeasy Cannabis financial ratios help investors to determine whether Speakeasy 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 Speakeasy with respect to the benefits of owning Speakeasy Cannabis security.