Choom Holdings Stock Market Value
Choom Holdings' market value is the price at which a share of Choom Holdings trades on a public exchange. It measures the collective expectations of Choom Holdings investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Choom Holdings and determine expected loss or profit from investing in Choom Holdings over a given investment horizon. Check out Choom Holdings Correlation, Choom Holdings Volatility and Choom Holdings Alpha and Beta module to complement your research on Choom Holdings.
| Symbol | Choom |
Choom Holdings '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 Choom Holdings' 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 Choom Holdings.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Choom Holdings on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Choom Holdings or generate 0.0% return on investment in Choom Holdings over 90 days. Choom Holdings is related to or competes with Avicanna. Choom Holdings Inc., together with its subsidiaries, engages in the retail of cannabis More
Choom Holdings 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 Choom Holdings' 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 Choom Holdings upside and downside potential and time the market with a certain degree of confidence.
Choom Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Choom Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Choom Holdings' standard deviation. In reality, there are many statistical measures that can use Choom Holdings historical prices to predict the future Choom Holdings' volatility.Choom Holdings Backtested Returns
We have found zero technical indicators for Choom Holdings, 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 Choom Holdings are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Choom Holdings has no correlation between past and present. Overlapping area represents the amount of predictability between Choom Holdings time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Choom Holdings price movement. The serial correlation of 0.0 indicates that just 0.0% of current Choom Holdings 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 |
Choom Holdings lagged returns against current returns
Autocorrelation, which is Choom Holdings 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 Choom Holdings' pink sheet expected returns. We can calculate the autocorrelation of Choom Holdings returns to help us make a trade decision. For example, suppose you find that Choom Holdings 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 |
Choom Holdings 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 Choom Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Choom Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Choom Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Choom Holdings Lagged Returns
When evaluating Choom Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Choom Holdings pink sheet have on its future price. Choom Holdings 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, Choom Holdings autocorrelation shows the relationship between Choom Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Choom Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Choom Pink Sheet
Choom Holdings financial ratios help investors to determine whether Choom 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 Choom with respect to the benefits of owning Choom Holdings security.