Chalice Brands Stock Market Value
Chalice Brands' market value is the price at which a share of Chalice Brands trades on a public exchange. It measures the collective expectations of Chalice Brands investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Chalice Brands and determine expected loss or profit from investing in Chalice Brands over a given investment horizon. Check out Chalice Brands Correlation, Chalice Brands Volatility and Chalice Brands Alpha and Beta module to complement your research on Chalice Brands.
| Symbol | Chalice |
Chalice Brands '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 Chalice Brands' 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 Chalice Brands.
| 12/03/2024 |
| 01/02/2025 |
If you would invest 0.00 in Chalice Brands on December 3, 2024 and sell it all today you would earn a total of 0.00 from holding Chalice Brands or generate 0.0% return on investment in Chalice Brands over 30 days. Chalice Brands is related to or competes with Green Thumb, Trulieve Cannabis, and Cronos. Chalice Brands Ltd. engages in the retail, production, processing, wholesale, and distribution of cannabis products More
Chalice Brands 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 Chalice Brands' 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 Chalice Brands upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 50.0 |
Chalice Brands Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chalice Brands' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chalice Brands' standard deviation. In reality, there are many statistical measures that can use Chalice Brands historical prices to predict the future Chalice Brands' volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.77) | |||
| Total Risk Alpha | (0.77) | |||
| Treynor Ratio | 1.78 |
Chalice Brands Backtested Returns
Chalice Brands secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17% return per unit of standard deviation over the last 3 months. Chalice Brands exposes thirteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chalice Brands' risk adjusted performance of (0.09), and Mean Deviation of 1.49 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.43, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Chalice Brands are expected to decrease at a much lower rate. During the bear market, Chalice Brands is likely to outperform the market. At this point, Chalice Brands has a negative expected return of -2.46%. Please make sure to confirm Chalice Brands' coefficient of variation, as well as the relationship between the total risk alpha and skewness , to decide if Chalice Brands performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Chalice Brands has no correlation between past and present. Overlapping area represents the amount of predictability between Chalice Brands time series from 3rd of December 2024 to 18th of December 2024 and 18th of December 2024 to 2nd of January 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 Chalice Brands price movement. The serial correlation of 0.0 indicates that just 0.0% of current Chalice Brands 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 |
Chalice Brands lagged returns against current returns
Autocorrelation, which is Chalice Brands 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 Chalice Brands' pink sheet expected returns. We can calculate the autocorrelation of Chalice Brands returns to help us make a trade decision. For example, suppose you find that Chalice Brands 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 |
Chalice Brands 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 Chalice Brands pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chalice Brands pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chalice Brands pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Chalice Brands Lagged Returns
When evaluating Chalice Brands' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chalice Brands pink sheet have on its future price. Chalice Brands 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, Chalice Brands autocorrelation shows the relationship between Chalice Brands pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Chalice Brands.
Regressed Prices |
| Timeline |
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Other Information on Investing in Chalice Pink Sheet
Chalice Brands financial ratios help investors to determine whether Chalice 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 Chalice with respect to the benefits of owning Chalice Brands security.