Veritas Farms Stock Market Value

VFRM Stock  USD 0.0005  0.00  0.00%   
Veritas Farms' market value is the price at which a share of Veritas Farms trades on a public exchange. It measures the collective expectations of Veritas Farms investors about its performance. Veritas Farms is selling at 5.0E-4 as of the 5th of December 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 5.0E-4.
With this module, you can estimate the performance of a buy and hold strategy of Veritas Farms and determine expected loss or profit from investing in Veritas Farms over a given investment horizon. Check out Veritas Farms Correlation, Veritas Farms Volatility and Veritas Farms Alpha and Beta module to complement your research on Veritas Farms.
Symbol

Please note, there is a significant difference between Veritas Farms' value and its price as these two are different measures arrived at by different means. Investors typically determine if Veritas Farms is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veritas Farms' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Veritas Farms '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 Veritas Farms' 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 Veritas Farms.
0.00
11/05/2024
No Change 0.00  0.0 
In 30 days
12/05/2024
0.00
If you would invest  0.00  in Veritas Farms on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Veritas Farms or generate 0.0% return on investment in Veritas Farms over 30 days. Veritas Farms is related to or competes with Verano Holdings, Cresco Labs, AYR Strategies, Green Thumb, Marimed, Intracellular, and Ironwood Pharmaceuticals. Veritas Farms, Inc. focuses on producing, marketing, and distributing hemp oils and extracts containing phytocannabinoid... More

Veritas Farms 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 Veritas Farms' 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 Veritas Farms upside and downside potential and time the market with a certain degree of confidence.

Veritas Farms Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Veritas Farms' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Veritas Farms' standard deviation. In reality, there are many statistical measures that can use Veritas Farms historical prices to predict the future Veritas Farms' volatility.
Hype
Prediction
LowEstimatedHigh
0.000.000550.03
Details
Intrinsic
Valuation
LowRealHigh
0.00050.03
Details
Naive
Forecast
LowNextHigh
0.0000350160.60
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.00060.00060.0006
Details

Veritas Farms Backtested Returns

Veritas Farms is out of control given 3 months investment horizon. Veritas Farms owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. We were able to interpolate data for seventeen different technical indicators, which can help you to evaluate if expected returns of 24.16% are justified by taking the suggested risk. Use Veritas Farms Risk Adjusted Performance of 0.0798, variance of 9925.9, and Coefficient Of Variation of 1056.78 to evaluate company specific risk that cannot be diversified away. Veritas Farms holds a performance score of 11 on a scale of zero to a hundred. The entity has a beta of 28.33, 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, Veritas Farms will likely underperform. Use Veritas Farms market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and rate of daily change , to analyze future returns on Veritas Farms.

Auto-correlation

    
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No correlation between past and present

Veritas Farms has no correlation between past and present. Overlapping area represents the amount of predictability between Veritas Farms time series from 5th of November 2024 to 20th of November 2024 and 20th of November 2024 to 5th 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 Veritas Farms price movement. The serial correlation of 0.0 indicates that just 0.0% of current Veritas Farms price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test-0.25
Residual Average0.0
Price Variance0.0

Veritas Farms lagged returns against current returns

Autocorrelation, which is Veritas Farms 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 Veritas Farms' pink sheet expected returns. We can calculate the autocorrelation of Veritas Farms returns to help us make a trade decision. For example, suppose you find that Veritas Farms 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  

Veritas Farms 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 Veritas Farms pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Veritas Farms pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Veritas Farms pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

Veritas Farms Lagged Returns

When evaluating Veritas Farms' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Veritas Farms pink sheet have on its future price. Veritas Farms 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, Veritas Farms autocorrelation shows the relationship between Veritas Farms pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Veritas Farms.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Veritas Pink Sheet

Veritas Farms financial ratios help investors to determine whether Veritas 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 Veritas with respect to the benefits of owning Veritas Farms security.