Item 9 Labs Stock Market Value
| INLB Stock | USD 0.0001 0.00 0.00% |
| Symbol | Item |
Item 9 '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 Item 9'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 Item 9.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in Item 9 on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Item 9 Labs or generate 0.0% return on investment in Item 9 over 480 days. Item 9 is related to or competes with C21 Investments, and Grown Rogue. Item 9 Labs Corp. operates as a vertically integrated cannabis operator and dispensary franchisor in the United States More
Item 9 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 Item 9'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 Item 9 Labs upside and downside potential and time the market with a certain degree of confidence.
Item 9 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Item 9's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Item 9's standard deviation. In reality, there are many statistical measures that can use Item 9 historical prices to predict the future Item 9's volatility.Item 9 Labs Backtested Returns
Item 9 is out of control given 3 months investment horizon. Item 9 Labs holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. We were able to break down and interpolate four different technical indicators, which can help you to evaluate if expected returns of 29.03% are justified by taking the suggested risk. Use Item 9 Labs Rate Of Daily Change of 1.0, day median price of 1.0E-4, and Day Typical Price of 1.0E-4 to evaluate company specific risk that cannot be diversified away. Item 9 holds a performance score of 12 on a scale of zero to a hundred. 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 Item 9 are completely uncorrelated. Use Item 9 Labs rate of daily change , to analyze future returns on Item 9 Labs.
Auto-correlation | 0.30 |
Below average predictability
Item 9 Labs has below average predictability. Overlapping area represents the amount of predictability between Item 9 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 Item 9 Labs price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Item 9 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | -0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Item 9 Labs lagged returns against current returns
Autocorrelation, which is Item 9 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 Item 9's pink sheet expected returns. We can calculate the autocorrelation of Item 9 returns to help us make a trade decision. For example, suppose you find that Item 9 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 |
Item 9 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 Item 9 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Item 9 pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Item 9 pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Item 9 Lagged Returns
When evaluating Item 9's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Item 9 pink sheet have on its future price. Item 9 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, Item 9 autocorrelation shows the relationship between Item 9 pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Item 9 Labs.
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 Item Pink Sheet
Item 9 financial ratios help investors to determine whether Item 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 Item with respect to the benefits of owning Item 9 security.