Mcig Inc Stock Market Value
| BTZI Stock | USD 0 0 18.64% |
| Symbol | Mcig |
Mcig '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 Mcig'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 Mcig.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Mcig on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Mcig Inc or generate 0.0% return on investment in Mcig over 90 days. Mcig is related to or competes with Grounded People, Canada Goose, Rocky Brands, FitLife Brands,, Astral Foods, and Levi Strauss. BOTS, Inc. focuses on developing and servicing blockchain and robotics solutions More
Mcig 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 Mcig'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 Mcig Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 69.53 | |||
| Value At Risk | (21.88) | |||
| Potential Upside | 26.76 |
Mcig Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mcig's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mcig's standard deviation. In reality, there are many statistical measures that can use Mcig historical prices to predict the future Mcig's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | 2.06 | |||
| Treynor Ratio | (0.37) |
Mcig Inc Backtested Returns
Mcig Inc has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of risk over the last 3 months. Mcig exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mcig's Mean Deviation of 9.64, standard deviation of 14.24, and Risk Adjusted Performance of (0.01) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.91, which conveys possible diversification benefits within a given portfolio. Mcig returns are very sensitive to returns on the market. As the market goes up or down, Mcig is expected to follow. At this point, Mcig Inc has a negative expected return of -0.0048%. Please make sure to verify Mcig's treynor ratio, as well as the relationship between the accumulation distribution and price action indicator , to decide if Mcig Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.07 |
Virtually no predictability
Mcig Inc has virtually no predictability. Overlapping area represents the amount of predictability between Mcig time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 Mcig Inc price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Mcig price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Mcig Inc lagged returns against current returns
Autocorrelation, which is Mcig 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 Mcig's pink sheet expected returns. We can calculate the autocorrelation of Mcig returns to help us make a trade decision. For example, suppose you find that Mcig 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 |
Mcig 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 Mcig pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mcig pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mcig pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Mcig Lagged Returns
When evaluating Mcig's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mcig pink sheet have on its future price. Mcig 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, Mcig autocorrelation shows the relationship between Mcig pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Mcig Inc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Mcig Pink Sheet
Mcig financial ratios help investors to determine whether Mcig 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 Mcig with respect to the benefits of owning Mcig security.