Yayyo Inc Stock Market Value
| YAYO Stock | USD 0.0001 0.00 0.00% |
| Symbol | Yayyo |
Yayyo '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 Yayyo's 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 Yayyo.
| 04/02/2024 |
| 01/22/2026 |
If you would invest 0.00 in Yayyo on April 2, 2024 and sell it all today you would earn a total of 0.00 from holding Yayyo Inc or generate 0.0% return on investment in Yayyo over 660 days. EVmo, Inc., through its subsidiaries, engages in the ridesharing and vehicle rental businesses in the United States More
Yayyo 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 Yayyo's 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 Yayyo Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0908 | |||
| Maximum Drawdown | 266.67 |
Yayyo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yayyo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yayyo's standard deviation. In reality, there are many statistical measures that can use Yayyo historical prices to predict the future Yayyo's volatility.| Risk Adjusted Performance | 0.0793 | |||
| Jensen Alpha | 3.09 | |||
| Total Risk Alpha | (0.92) | |||
| Treynor Ratio | (0.80) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Yayyo'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.
Yayyo Inc Backtested Returns
Yayyo is out of control given 3 months investment horizon. Yayyo Inc shows Sharpe Ratio of 0.0988, which attests that the company had a 0.0988 % return per unit of risk over the last 3 months. We have analyzed and interpolated sixteen different technical indicators, which can help you to evaluate if expected returns of 3.06% are justified by taking the suggested risk. Use Yayyo Inc Mean Deviation of 8.92, standard deviation of 29.47, and Market Risk Adjusted Performance of (0.79) to evaluate company specific risk that cannot be diversified away. Yayyo holds a performance score of 7 on a scale of zero to a hundred. The firm maintains a market beta of -3.44, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Yayyo are expected to decrease by larger amounts. On the other hand, during market turmoil, Yayyo is expected to outperform it. Use Yayyo Inc risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and day median price , to analyze future returns on Yayyo Inc.
Auto-correlation | 0.32 |
Below average predictability
Yayyo Inc has below average predictability. Overlapping area represents the amount of predictability between Yayyo time series from 2nd of April 2024 to 26th of February 2025 and 26th of February 2025 to 22nd of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Yayyo Inc price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Yayyo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.99 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Yayyo Inc lagged returns against current returns
Autocorrelation, which is Yayyo 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 Yayyo's pink sheet expected returns. We can calculate the autocorrelation of Yayyo returns to help us make a trade decision. For example, suppose you find that Yayyo 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 |
Yayyo 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 Yayyo pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yayyo pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yayyo pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Yayyo Lagged Returns
When evaluating Yayyo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yayyo pink sheet have on its future price. Yayyo 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, Yayyo autocorrelation shows the relationship between Yayyo pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Yayyo Inc.
Regressed Prices |
| Timeline |
Pair Trading with Yayyo
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 Yayyo 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 Yayyo will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Yayyo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Yayyo 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 Yayyo - 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 Yayyo Inc to buy it.
The correlation of Yayyo 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 Yayyo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Yayyo Inc 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 Yayyo 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.Other Information on Investing in Yayyo Pink Sheet
Yayyo financial ratios help investors to determine whether Yayyo 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 Yayyo with respect to the benefits of owning Yayyo security.