American Green Stock Market Value
| ERBB Stock | USD 0.0004 0.0001 20.00% |
| Symbol | American |
American Green '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 American Green'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 American Green.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in American Green on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding American Green or generate 0.0% return on investment in American Green over 90 days. American Green, Inc. operates as a technology company in the medical cannabis industry in the United States More
American Green 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 American Green'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 American Green upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 20.34 | |||
| Information Ratio | 0.0609 | |||
| Maximum Drawdown | 68.57 | |||
| Value At Risk | (20.00) | |||
| Potential Upside | 25.0 |
American Green Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Green's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Green's standard deviation. In reality, there are many statistical measures that can use American Green historical prices to predict the future American Green's volatility.| Risk Adjusted Performance | 0.0536 | |||
| Jensen Alpha | 0.5627 | |||
| Total Risk Alpha | 3.39 | |||
| Sortino Ratio | 0.0461 | |||
| Treynor Ratio | (0.49) |
American Green Backtested Returns
American Green appears to be out of control, given 3 months investment horizon. American Green secures Sharpe Ratio (or Efficiency) of 0.0464, which signifies that the company had a 0.0464 % return per unit of standard deviation over the last 3 months. By analyzing American Green's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please makes use of American Green's risk adjusted performance of 0.0536, and Mean Deviation of 10.69 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, American Green holds a performance score of 3. The firm shows a Beta (market volatility) of -1.63, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning American Green are expected to decrease by larger amounts. On the other hand, during market turmoil, American Green is expected to outperform it. Please check American Green's total risk alpha, value at risk, and the relationship between the standard deviation and treynor ratio , to make a quick decision on whether American Green's price patterns will revert.
Auto-correlation | -0.01 |
Very weak reverse predictability
American Green has very weak reverse predictability. Overlapping area represents the amount of predictability between American Green 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 American Green price movement. The serial correlation of -0.01 indicates that just 1.0% of current American Green price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
American Green lagged returns against current returns
Autocorrelation, which is American Green 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 American Green's pink sheet expected returns. We can calculate the autocorrelation of American Green returns to help us make a trade decision. For example, suppose you find that American Green 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 |
American Green 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 American Green pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Green pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Green pink sheet over time.
Current vs Lagged Prices |
| Timeline |
American Green Lagged Returns
When evaluating American Green's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Green pink sheet have on its future price. American Green 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, American Green autocorrelation shows the relationship between American Green pink sheet current value and its past values and can show if there is a momentum factor associated with investing in American Green.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in American Pink Sheet
American Green financial ratios help investors to determine whether American 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 American with respect to the benefits of owning American Green security.