Ehave Inc Stock Market Value
| EHVVF Stock | USD 0.0007 0.0003 30.00% |
| Symbol | Ehave |
Ehave '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 Ehave'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 Ehave.
| 06/16/2024 |
| 12/13/2024 |
If you would invest 0.00 in Ehave on June 16, 2024 and sell it all today you would earn a total of 0.00 from holding Ehave Inc or generate 0.0% return on investment in Ehave over 180 days. Ehave is related to or competes with Salesforce, S A P, ServiceNow, Intuit, Shopify, Uber Technologies, and Applovin Corp. EHAVE, Inc., a healthcare company, develops medical psychedelics and mental health data platform that integrates with it... More
Ehave 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 Ehave'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 Ehave Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1924 | |||
| Maximum Drawdown | 930.0 | |||
| Value At Risk | (30.00) | |||
| Potential Upside | 42.86 |
Ehave Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ehave's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ehave's standard deviation. In reality, there are many statistical measures that can use Ehave historical prices to predict the future Ehave's volatility.| Risk Adjusted Performance | 0.1502 | |||
| Jensen Alpha | 27.78 | |||
| Total Risk Alpha | 8.38 | |||
| Treynor Ratio | 1.12 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ehave'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.
Ehave Inc Backtested Returns
Ehave is out of control given 3 months investment horizon. Ehave Inc secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the company had a 0.2% return per unit of standard deviation over the last 3 months. We were able to interpolate and analyze data for twenty-one different technical indicators, which can help you to evaluate if expected returns of 31.52% are justified by taking the suggested risk. Use Ehave Mean Deviation of 64.55, standard deviation of 158.25, and Coefficient Of Variation of 517.8 to evaluate company specific risk that cannot be diversified away. Ehave holds a performance score of 15 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 27.19, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ehave will likely underperform. Use Ehave variance, as well as the relationship between the potential upside and day median price , to analyze future returns on Ehave.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Ehave Inc has insignificant reverse predictability. Overlapping area represents the amount of predictability between Ehave time series from 16th of June 2024 to 14th of September 2024 and 14th of September 2024 to 13th 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 Ehave Inc price movement. The serial correlation of -0.17 indicates that over 17.0% of current Ehave price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ehave Inc lagged returns against current returns
Autocorrelation, which is Ehave 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 Ehave's pink sheet expected returns. We can calculate the autocorrelation of Ehave returns to help us make a trade decision. For example, suppose you find that Ehave 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 |
Ehave 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 Ehave pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ehave pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ehave pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Ehave Lagged Returns
When evaluating Ehave's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ehave pink sheet have on its future price. Ehave 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, Ehave autocorrelation shows the relationship between Ehave pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Ehave Inc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Ehave Pink Sheet
Ehave financial ratios help investors to determine whether Ehave 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 Ehave with respect to the benefits of owning Ehave security.