Transcanna Holdings Stock Market Value
| TCNAF Stock | USD 0.0001 0.00 0.00% |
| Symbol | TransCanna |
TransCanna 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 TransCanna 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 TransCanna Holdings.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in TransCanna Holdings on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding TransCanna Holdings or generate 0.0% return on investment in TransCanna Holdings over 30 days. TransCanna Holdings is related to or competes with Verano Holdings, and AYR Strategies. TransCanna Holdings Inc., through its subsidiaries, engages in the management of transportation and distribution service... More
TransCanna 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 TransCanna 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 TransCanna Holdings upside and downside potential and time the market with a certain degree of confidence.
TransCanna Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TransCanna Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TransCanna Holdings' standard deviation. In reality, there are many statistical measures that can use TransCanna Holdings historical prices to predict the future TransCanna Holdings' volatility.TransCanna Holdings Backtested Returns
We have found three technical indicators for TransCanna Holdings, 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 TransCanna Holdings are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
TransCanna Holdings has no correlation between past and present. Overlapping area represents the amount of predictability between TransCanna Holdings time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 TransCanna Holdings price movement. The serial correlation of 0.0 indicates that just 0.0% of current TransCanna Holdings 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 |
TransCanna Holdings lagged returns against current returns
Autocorrelation, which is TransCanna 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 TransCanna Holdings' pink sheet expected returns. We can calculate the autocorrelation of TransCanna Holdings returns to help us make a trade decision. For example, suppose you find that TransCanna 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 |
TransCanna 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 TransCanna Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TransCanna 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 TransCanna Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
TransCanna Holdings Lagged Returns
When evaluating TransCanna Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TransCanna Holdings pink sheet have on its future price. TransCanna 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, TransCanna Holdings autocorrelation shows the relationship between TransCanna Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in TransCanna Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in TransCanna Pink Sheet
TransCanna Holdings financial ratios help investors to determine whether TransCanna 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 TransCanna with respect to the benefits of owning TransCanna Holdings security.