Gncc Capital Stock Market Value
Gncc Capital's market value is the price at which a share of Gncc Capital trades on a public exchange. It measures the collective expectations of Gncc Capital investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Gncc Capital and determine expected loss or profit from investing in Gncc Capital over a given investment horizon. Check out Gncc Capital Correlation, Gncc Capital Volatility and Gncc Capital Alpha and Beta module to complement your research on Gncc Capital.
| Symbol | Gncc |
Gncc Capital '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 Gncc Capital'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 Gncc Capital.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Gncc Capital on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Gncc Capital or generate 0.0% return on investment in Gncc Capital over 30 days. Gncc Capital is related to or competes with Aurion Resources, Golden Star, Allegiant Gold, and Lavras Gold. GNCC Capital, Inc. through its subsidiary, BioCann Pharma S.A.S., produces and sells cannabis CBD pharmaceutical grade o... More
Gncc Capital 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 Gncc Capital'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 Gncc Capital upside and downside potential and time the market with a certain degree of confidence.
Gncc Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gncc Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gncc Capital's standard deviation. In reality, there are many statistical measures that can use Gncc Capital historical prices to predict the future Gncc Capital's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gncc Capital'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.
Gncc Capital Backtested Returns
Gncc Capital holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We were able to break down zero different technical indicators, which can help you to evaluate if expected returns of 14.29% are justified by taking the suggested risk. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Gncc Capital are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Gncc Capital has no correlation between past and present. Overlapping area represents the amount of predictability between Gncc Capital time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 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 Gncc Capital price movement. The serial correlation of 0.0 indicates that just 0.0% of current Gncc Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Gncc Capital lagged returns against current returns
Autocorrelation, which is Gncc Capital 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 Gncc Capital's pink sheet expected returns. We can calculate the autocorrelation of Gncc Capital returns to help us make a trade decision. For example, suppose you find that Gncc Capital 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 |
Gncc Capital 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 Gncc Capital pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gncc Capital pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gncc Capital pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Gncc Capital Lagged Returns
When evaluating Gncc Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gncc Capital pink sheet have on its future price. Gncc Capital 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, Gncc Capital autocorrelation shows the relationship between Gncc Capital pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Gncc Capital.
Regressed Prices |
| Timeline |
Pair Trading with Gncc Capital
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gncc Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gncc Capital will appreciate offsetting losses from the drop in the long position's value.Moving against Gncc Pink Sheet
| 0.77 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.57 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.56 | NCMGF | Newcrest Mining | PairCorr |
| 0.54 | NCMGY | Newcrest Mining | PairCorr |
| 0.51 | PFE | Pfizer Inc Aggressive Push | PairCorr |
The ability to find closely correlated positions to Gncc Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gncc Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gncc Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gncc Capital to buy it.
The correlation of Gncc Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gncc Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gncc Capital moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Gncc Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Gncc Pink Sheet Analysis
When running Gncc Capital's price analysis, check to measure Gncc Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gncc Capital is operating at the current time. Most of Gncc Capital's value examination focuses on studying past and present price action to predict the probability of Gncc Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gncc Capital's price. Additionally, you may evaluate how the addition of Gncc Capital to your portfolios can decrease your overall portfolio volatility.