Veritas Farms Stock Market Value
| VFRM Stock | USD 0.0005 0.00 0.00% |
| Symbol | Veritas |
Veritas Farms '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 Veritas Farms' 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 Veritas Farms.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in Veritas Farms on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding Veritas Farms or generate 0.0% return on investment in Veritas Farms over 720 days. Veritas Farms is related to or competes with Verano Holdings, Cresco Labs, AYR Strategies, Green Thumb, Marimed, Intracellular, and Ironwood Pharmaceuticals. Veritas Farms, Inc. focuses on producing, marketing, and distributing hemp oils and extracts containing phytocannabinoid... More
Veritas Farms 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 Veritas Farms' 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 Veritas Farms upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1485 | |||
| Maximum Drawdown | 1050.0 | |||
| Value At Risk | (50.00) |
Veritas Farms Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Veritas Farms' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Veritas Farms' standard deviation. In reality, there are many statistical measures that can use Veritas Farms historical prices to predict the future Veritas Farms' volatility.| Risk Adjusted Performance | 0.1241 | |||
| Jensen Alpha | 28.09 | |||
| Total Risk Alpha | (1.34) | |||
| Treynor Ratio | (0.74) |
Veritas Farms Backtested Returns
Veritas Farms is out of control given 3 months investment horizon. Veritas Farms owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. We were able to interpolate data for eighteen different technical indicators, which can help you to evaluate if expected returns of 24.16% are justified by taking the suggested risk. Use Veritas Farms Coefficient Of Variation of 669.88, variance of 26197.89, and Risk Adjusted Performance of 0.1241 to evaluate company specific risk that cannot be diversified away. Veritas Farms holds a performance score of 11 on a scale of zero to a hundred. The entity has a beta of -32.72, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Veritas Farms are expected to decrease by larger amounts. On the other hand, during market turmoil, Veritas Farms is expected to outperform it. Use Veritas Farms market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis , to analyze future returns on Veritas Farms.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Veritas Farms has insignificant reverse predictability. Overlapping area represents the amount of predictability between Veritas Farms time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 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 Veritas Farms price movement. The serial correlation of -0.2 indicates that over 20.0% of current Veritas Farms price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Veritas Farms lagged returns against current returns
Autocorrelation, which is Veritas Farms 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 Veritas Farms' pink sheet expected returns. We can calculate the autocorrelation of Veritas Farms returns to help us make a trade decision. For example, suppose you find that Veritas Farms 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 |
Veritas Farms 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 Veritas Farms pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Veritas Farms pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Veritas Farms pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Veritas Farms Lagged Returns
When evaluating Veritas Farms' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Veritas Farms pink sheet have on its future price. Veritas Farms 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, Veritas Farms autocorrelation shows the relationship between Veritas Farms pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Veritas Farms.
Regressed Prices |
| Timeline |
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Veritas Farms financial ratios help investors to determine whether Veritas 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 Veritas with respect to the benefits of owning Veritas Farms security.