1cm Inc Stock Market Value
| MILFF Stock | USD 0.18 0.00 0.00% |
| Symbol | 1CM |
1CM '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 1CM's otc stock 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 1CM.
| 05/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in 1CM on May 6, 2024 and sell it all today you would earn a total of 0.00 from holding 1CM Inc or generate 0.0% return on investment in 1CM over 210 days. It focuses on retail customers and technology to democratize cannabis markets More
1CM 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 1CM's otc stock 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 1CM Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 36.51 |
1CM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 1CM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 1CM's standard deviation. In reality, there are many statistical measures that can use 1CM historical prices to predict the future 1CM's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (1.02) | |||
| Treynor Ratio | 7.25 |
1CM Inc Backtested Returns
1CM Inc secures Sharpe Ratio (or Efficiency) of -0.0622, which signifies that the company had a -0.0622% return per unit of price deviation over the last 3 months. 1CM Inc exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 1CM's Mean Deviation of 1.33, variance of 19.41, and Information Ratio of (0.09) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0389, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 1CM are expected to decrease at a much lower rate. During the bear market, 1CM is likely to outperform the market. At this point, 1CM Inc has a negative expected return of -0.28%. Please make sure to confirm 1CM's information ratio, skewness, as well as the relationship between the Skewness and day median price , to decide if 1CM Inc performance from the past will be repeated sooner or later.
Auto-correlation | 0.36 |
Below average predictability
1CM Inc has below average predictability. Overlapping area represents the amount of predictability between 1CM time series from 6th of May 2024 to 19th of August 2024 and 19th of August 2024 to 2nd 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 1CM Inc price movement. The serial correlation of 0.36 indicates that just about 36.0% of current 1CM price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
1CM Inc lagged returns against current returns
Autocorrelation, which is 1CM otc stock'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 1CM's otc stock expected returns. We can calculate the autocorrelation of 1CM returns to help us make a trade decision. For example, suppose you find that 1CM has exhibited high autocorrelation historically, and you observe that the otc stock 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 |
1CM 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 1CM otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 1CM otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 1CM otc stock over time.
Current vs Lagged Prices |
| Timeline |
1CM Lagged Returns
When evaluating 1CM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 1CM otc stock have on its future price. 1CM 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, 1CM autocorrelation shows the relationship between 1CM otc stock current value and its past values and can show if there is a momentum factor associated with investing in 1CM Inc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in 1CM OTC Stock
1CM financial ratios help investors to determine whether 1CM OTC Stock 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 1CM with respect to the benefits of owning 1CM security.