Indiva Stock Market Value
| NDVAF Stock | USD 0.02 0.00 0.00% |
| Symbol | Indiva |
Indiva '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 Indiva'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 Indiva.
| 11/13/2023 |
| 01/06/2025 |
If you would invest 0.00 in Indiva on November 13, 2023 and sell it all today you would earn a total of 0.00 from holding Indiva or generate 0.0% return on investment in Indiva over 420 days. Indiva is related to or competes with Hochschild Mining, Take Two, Penn National, Motorsport Gaming, Cheche Group, Univest Pennsylvania, and Galaxy Gaming. Indiva Limited engages in the production, processing, and sale of cannabis and cannabis related products in Canada More
Indiva 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 Indiva'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 Indiva upside and downside potential and time the market with a certain degree of confidence.
Indiva Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Indiva's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Indiva's standard deviation. In reality, there are many statistical measures that can use Indiva historical prices to predict the future Indiva's volatility.Indiva Backtested Returns
We have found three technical indicators for Indiva, 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 Indiva are completely uncorrelated.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Indiva has insignificant reverse predictability. Overlapping area represents the amount of predictability between Indiva time series from 13th of November 2023 to 10th of June 2024 and 10th of June 2024 to 6th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Indiva price movement. The serial correlation of -0.18 indicates that over 18.0% of current Indiva price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Indiva lagged returns against current returns
Autocorrelation, which is Indiva 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 Indiva's pink sheet expected returns. We can calculate the autocorrelation of Indiva returns to help us make a trade decision. For example, suppose you find that Indiva 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 |
Indiva 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 Indiva pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Indiva pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Indiva pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Indiva Lagged Returns
When evaluating Indiva's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Indiva pink sheet have on its future price. Indiva 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, Indiva autocorrelation shows the relationship between Indiva pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Indiva.
Regressed Prices |
| Timeline |
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Other Information on Investing in Indiva Pink Sheet
Indiva financial ratios help investors to determine whether Indiva 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 Indiva with respect to the benefits of owning Indiva security.