Cannassist International Corp Stock Market Value
| XESP Stock | USD 0.01 0.00 0.00% |
| Symbol | CannAssist |
CannAssist International '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 CannAssist International's otc 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 CannAssist International.
| 06/28/2025 |
| 12/25/2025 |
If you would invest 0.00 in CannAssist International on June 28, 2025 and sell it all today you would earn a total of 0.00 from holding CannAssist International Corp or generate 0.0% return on investment in CannAssist International over 180 days. CannAssist International is related to or competes with Music Licensing. Electronic Servitor Publication Network, Inc., a technology platform, provides gaming technology and related infrastruct... More
CannAssist International 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 CannAssist International's otc 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 CannAssist International Corp upside and downside potential and time the market with a certain degree of confidence.
CannAssist International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CannAssist International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CannAssist International's standard deviation. In reality, there are many statistical measures that can use CannAssist International historical prices to predict the future CannAssist International's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CannAssist International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
CannAssist International Backtested Returns
We have found three technical indicators for CannAssist International Corp, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and CannAssist International are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
CannAssist International Corp has no correlation between past and present. Overlapping area represents the amount of predictability between CannAssist International time series from 28th of June 2025 to 26th of September 2025 and 26th of September 2025 to 25th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CannAssist International price movement. The serial correlation of 0.0 indicates that just 0.0% of current CannAssist International 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 |
CannAssist International lagged returns against current returns
Autocorrelation, which is CannAssist International otc 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 CannAssist International's otc stock expected returns. We can calculate the autocorrelation of CannAssist International returns to help us make a trade decision. For example, suppose you find that CannAssist International has exhibited high autocorrelation historically, and you observe that the otc 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 |
CannAssist International 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 CannAssist International otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CannAssist International otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CannAssist International otc stock over time.
Current vs Lagged Prices |
| Timeline |
CannAssist International Lagged Returns
When evaluating CannAssist International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CannAssist International otc stock have on its future price. CannAssist International 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, CannAssist International autocorrelation shows the relationship between CannAssist International otc stock current value and its past values and can show if there is a momentum factor associated with investing in CannAssist International Corp.
Regressed Prices |
| Timeline |
Pair Trading with CannAssist International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CannAssist International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CannAssist International will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to CannAssist International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CannAssist International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CannAssist International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CannAssist International Corp to buy it.
The correlation of CannAssist International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CannAssist International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CannAssist International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CannAssist International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for CannAssist OTC Stock Analysis
When running CannAssist International's price analysis, check to measure CannAssist International'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 CannAssist International is operating at the current time. Most of CannAssist International's value examination focuses on studying past and present price action to predict the probability of CannAssist International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CannAssist International's price. Additionally, you may evaluate how the addition of CannAssist International to your portfolios can decrease your overall portfolio volatility.