Statehouse Holdings Stock Market Value
| STHZF Stock | USD 0.01 0.00 0.00% |
| Symbol | StateHouse |
StateHouse Holdings '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 StateHouse Holdings' 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 StateHouse Holdings.
| 12/08/2023 |
| 12/02/2024 |
If you would invest 0.00 in StateHouse Holdings on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding StateHouse Holdings or generate 0.0% return on investment in StateHouse Holdings over 360 days. StateHouse Holdings is related to or competes with Avicanna, and Silver Spike. StateHouse Holdings Inc. engages in the cultivation, processing, manufacturing, distribution, and retail of cannabis pro... More
StateHouse Holdings 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 StateHouse Holdings' 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 StateHouse Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 83.33 | |||
| Value At Risk | (20.00) | |||
| Potential Upside | 25.0 |
StateHouse Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for StateHouse Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as StateHouse Holdings' standard deviation. In reality, there are many statistical measures that can use StateHouse Holdings historical prices to predict the future StateHouse Holdings' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | (2.22) | |||
| Treynor Ratio | (0.22) |
StateHouse Holdings Backtested Returns
StateHouse Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0034, which indicates the firm had a -0.0034% return per unit of risk over the last 3 months. StateHouse Holdings exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate StateHouse Holdings' Risk Adjusted Performance of (0.01), coefficient of variation of (3,840), and Variance of 131.41 to confirm the risk estimate we provide. The entity has a beta of 1.4, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, StateHouse Holdings will likely underperform. At this point, StateHouse Holdings has a negative expected return of -0.0388%. Please make sure to validate StateHouse Holdings' mean deviation, jensen alpha, as well as the relationship between the Jensen Alpha and kurtosis , to decide if StateHouse Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.23 |
Weak predictability
StateHouse Holdings has weak predictability. Overlapping area represents the amount of predictability between StateHouse Holdings time series from 8th of December 2023 to 5th of June 2024 and 5th of June 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 StateHouse Holdings price movement. The serial correlation of 0.23 indicates that over 23.0% of current StateHouse Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
StateHouse Holdings lagged returns against current returns
Autocorrelation, which is StateHouse Holdings 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 StateHouse Holdings' pink sheet expected returns. We can calculate the autocorrelation of StateHouse Holdings returns to help us make a trade decision. For example, suppose you find that StateHouse Holdings 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 |
StateHouse Holdings 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 StateHouse Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if StateHouse Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in StateHouse Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
StateHouse Holdings Lagged Returns
When evaluating StateHouse Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of StateHouse Holdings pink sheet have on its future price. StateHouse Holdings 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, StateHouse Holdings autocorrelation shows the relationship between StateHouse Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in StateHouse Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in StateHouse Pink Sheet
StateHouse Holdings financial ratios help investors to determine whether StateHouse 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 StateHouse with respect to the benefits of owning StateHouse Holdings security.