Halo Collective Stock Market Value
| HCANF Stock | USD 0.0001 0.00 0.00% |
| Symbol | Halo |
Halo Collective '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 Halo Collective'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 Halo Collective.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in Halo Collective on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Halo Collective or generate 0.0% return on investment in Halo Collective over 480 days. Halo Collective is related to or competes with C21 Investments, Goodness Growth, Rubicon Organics, and Grown Rogue. Halo Collective Inc. operates as a cannabis cultivation, manufacturing, and distribution company that grows, extracts, a... More
Halo Collective 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 Halo Collective'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 Halo Collective upside and downside potential and time the market with a certain degree of confidence.
Halo Collective Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Halo Collective's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Halo Collective's standard deviation. In reality, there are many statistical measures that can use Halo Collective historical prices to predict the future Halo Collective's volatility.Halo Collective Backtested Returns
We have found three technical indicators for Halo Collective, which you can use to evaluate the volatility of the firm. 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 Halo Collective are completely uncorrelated.
Auto-correlation | -0.36 |
Poor reverse predictability
Halo Collective has poor reverse predictability. Overlapping area represents the amount of predictability between Halo Collective 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 Halo Collective price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Halo Collective price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Halo Collective lagged returns against current returns
Autocorrelation, which is Halo Collective 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 Halo Collective's pink sheet expected returns. We can calculate the autocorrelation of Halo Collective returns to help us make a trade decision. For example, suppose you find that Halo Collective 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 |
Halo Collective 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 Halo Collective pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Halo Collective pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Halo Collective pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Halo Collective Lagged Returns
When evaluating Halo Collective's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Halo Collective pink sheet have on its future price. Halo Collective 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, Halo Collective autocorrelation shows the relationship between Halo Collective pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Halo Collective.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Halo Pink Sheet
Halo Collective financial ratios help investors to determine whether Halo 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 Halo with respect to the benefits of owning Halo Collective security.