Molecule Holdings Stock Market Value
| EVRRF Stock | USD 0 0.00 0.00% |
| Symbol | Molecule |
Molecule 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 Molecule 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 Molecule Holdings.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in Molecule Holdings on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Molecule Holdings or generate 0.0% return on investment in Molecule Holdings over 480 days. Molecule Holdings is related to or competes with Atlas Corp, PureCycle Technologies, and GCM Grosvenor. Molecule Holdings Inc. engages in production and co-packing of cannabis-infused beverages in Canada More
Molecule 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 Molecule 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 Molecule Holdings upside and downside potential and time the market with a certain degree of confidence.
Molecule Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Molecule Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Molecule Holdings' standard deviation. In reality, there are many statistical measures that can use Molecule Holdings historical prices to predict the future Molecule Holdings' volatility.Molecule Holdings Backtested Returns
We have found three technical indicators for Molecule Holdings, which you can use to evaluate the volatility of the firm. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Molecule Holdings are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Molecule Holdings has no correlation between past and present. Overlapping area represents the amount of predictability between Molecule Holdings time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th 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 Molecule Holdings price movement. The serial correlation of 0.0 indicates that just 0.0% of current Molecule Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.86 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Molecule Holdings lagged returns against current returns
Autocorrelation, which is Molecule 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 Molecule Holdings' pink sheet expected returns. We can calculate the autocorrelation of Molecule Holdings returns to help us make a trade decision. For example, suppose you find that Molecule 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 |
Molecule 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 Molecule Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Molecule 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 Molecule Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Molecule Holdings Lagged Returns
When evaluating Molecule Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Molecule Holdings pink sheet have on its future price. Molecule 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, Molecule Holdings autocorrelation shows the relationship between Molecule Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Molecule Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Molecule Pink Sheet
Molecule Holdings financial ratios help investors to determine whether Molecule 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 Molecule with respect to the benefits of owning Molecule Holdings security.