Curaleaf Holdings Stock Market Value
| CURLF Stock | USD 1.93 0.09 4.46% |
| Symbol | Curaleaf |
Curaleaf 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 Curaleaf Holdings' 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 Curaleaf Holdings.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Curaleaf Holdings on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Curaleaf Holdings or generate 0.0% return on investment in Curaleaf Holdings over 180 days. Curaleaf Holdings is related to or competes with Genomma Lab. Curaleaf Holdings, Inc. operates a cannabis operator in the United States More
Curaleaf 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 Curaleaf Holdings' 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 Curaleaf Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 43.19 | |||
| Value At Risk | (5.65) | |||
| Potential Upside | 9.51 |
Curaleaf Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Curaleaf Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Curaleaf Holdings' standard deviation. In reality, there are many statistical measures that can use Curaleaf Holdings historical prices to predict the future Curaleaf Holdings' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | 0.0627 | |||
| Total Risk Alpha | (1.41) | |||
| Treynor Ratio | 0.1067 |
Curaleaf Holdings Backtested Returns
Curaleaf Holdings secures Sharpe Ratio (or Efficiency) of -0.0655, which signifies that the company had a -0.0655% return per unit of risk over the last 3 months. Curaleaf Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Curaleaf Holdings' Risk Adjusted Performance of (0.03), standard deviation of 6.5, and Mean Deviation of 3.76 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -3.0, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Curaleaf Holdings are expected to decrease by larger amounts. On the other hand, during market turmoil, Curaleaf Holdings is expected to outperform it. At this point, Curaleaf Holdings has a negative expected return of -0.43%. Please make sure to confirm Curaleaf Holdings' potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Curaleaf Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.76 |
Good predictability
Curaleaf Holdings has good predictability. Overlapping area represents the amount of predictability between Curaleaf Holdings time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Curaleaf Holdings price movement. The serial correlation of 0.76 indicates that around 76.0% of current Curaleaf Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
Curaleaf Holdings lagged returns against current returns
Autocorrelation, which is Curaleaf Holdings 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 Curaleaf Holdings' otc stock expected returns. We can calculate the autocorrelation of Curaleaf Holdings returns to help us make a trade decision. For example, suppose you find that Curaleaf Holdings 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 |
Curaleaf 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 Curaleaf Holdings otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Curaleaf Holdings otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Curaleaf Holdings otc stock over time.
Current vs Lagged Prices |
| Timeline |
Curaleaf Holdings Lagged Returns
When evaluating Curaleaf Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Curaleaf Holdings otc stock have on its future price. Curaleaf 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, Curaleaf Holdings autocorrelation shows the relationship between Curaleaf Holdings otc stock current value and its past values and can show if there is a momentum factor associated with investing in Curaleaf Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Curaleaf OTC Stock
Curaleaf Holdings financial ratios help investors to determine whether Curaleaf OTC Stock 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 Curaleaf with respect to the benefits of owning Curaleaf Holdings security.