Two Hands Corp Stock Market Value
| TWOH Stock | USD 0.0001 0.00 0.00% |
| Symbol | Two |
Two Hands '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 Two Hands' 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 Two Hands.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Two Hands on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Two Hands Corp or generate 0.0% return on investment in Two Hands over 30 days. Two Hands is related to or competes with Salesforce, S A P, ServiceNow, Intuit, Uber Technologies, Shopify, and Applovin Corp. Two Hands Corporation, through its subsidiary, Two Hands Canada Corporation, operates in the grocery market More
Two Hands 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 Two Hands' 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 Two Hands Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0468 | |||
| Maximum Drawdown | 150.0 |
Two Hands Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Two Hands' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Two Hands' standard deviation. In reality, there are many statistical measures that can use Two Hands historical prices to predict the future Two Hands' volatility.| Risk Adjusted Performance | 0.0512 | |||
| Jensen Alpha | 0.6747 | |||
| Total Risk Alpha | (1.06) | |||
| Treynor Ratio | 1.02 |
Two Hands Corp Backtested Returns
Two Hands is out of control given 3 months investment horizon. Two Hands Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.31, which indicates the firm had a 0.31% return per unit of risk over the last 3 months. We were able to break down and interpolate data for eighteen different technical indicators, which can help you to evaluate if expected returns of 100.79% are justified by taking the suggested risk. Use Two Hands Corp Variance of 191.72, coefficient of variation of 1827.74, and Risk Adjusted Performance of 0.0512 to evaluate company specific risk that cannot be diversified away. Two Hands holds a performance score of 24 on a scale of zero to a hundred. The entity has a beta of 0.73, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Two Hands' returns are expected to increase less than the market. However, during the bear market, the loss of holding Two Hands is expected to be smaller as well. Use Two Hands Corp jensen alpha and rate of daily change , to analyze future returns on Two Hands Corp.
Auto-correlation | 0.00 |
No correlation between past and present
Two Hands Corp has no correlation between past and present. Overlapping area represents the amount of predictability between Two Hands time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Two Hands Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Two Hands price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Two Hands Corp lagged returns against current returns
Autocorrelation, which is Two Hands 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 Two Hands' pink sheet expected returns. We can calculate the autocorrelation of Two Hands returns to help us make a trade decision. For example, suppose you find that Two Hands 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 |
Two Hands 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 Two Hands pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Two Hands pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Two Hands pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Two Hands Lagged Returns
When evaluating Two Hands' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Two Hands pink sheet have on its future price. Two Hands 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, Two Hands autocorrelation shows the relationship between Two Hands pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Two Hands Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Two Pink Sheet
Two Hands financial ratios help investors to determine whether Two 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 Two with respect to the benefits of owning Two Hands security.