Xmreality Ab Stock Market Value

XMMRF Stock  USD 0.01  0.00  0.00%   
XMReality's market value is the price at which a share of XMReality trades on a public exchange. It measures the collective expectations of XMReality AB investors about its performance. XMReality is trading at 0.0091 as of the 23rd of December 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.0091.
With this module, you can estimate the performance of a buy and hold strategy of XMReality AB and determine expected loss or profit from investing in XMReality over a given investment horizon. Check out XMReality Correlation, XMReality Volatility and XMReality Alpha and Beta module to complement your research on XMReality.
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Please note, there is a significant difference between XMReality's value and its price as these two are different measures arrived at by different means. Investors typically determine if XMReality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, XMReality's 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.

XMReality '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 XMReality'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 XMReality.
0.00
08/01/2023
No Change 0.00  0.0 
In 1 year 4 months and 25 days
12/23/2024
0.00
If you would invest  0.00  in XMReality on August 1, 2023 and sell it all today you would earn a total of 0.00 from holding XMReality AB or generate 0.0% return on investment in XMReality over 510 days. XMReality is related to or competes with United Fire, Palomar Holdings, ICC Holdings, Corporacion America, Kinsale Capital, and Cebu Air. XMReality AB develops and sells solutions for knowledge sharing through augmented reality in Sweden and internationally More

XMReality 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 XMReality'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 XMReality AB upside and downside potential and time the market with a certain degree of confidence.

XMReality Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for XMReality's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as XMReality's standard deviation. In reality, there are many statistical measures that can use XMReality historical prices to predict the future XMReality's volatility.
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Intrinsic
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XMReality AB Backtested Returns

We have found three technical indicators for XMReality AB, which you can use to evaluate the volatility of the company. The firm maintains a market beta of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and XMReality are completely uncorrelated.

Auto-correlation

    
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No correlation between past and present

XMReality AB has no correlation between past and present. Overlapping area represents the amount of predictability between XMReality time series from 1st of August 2023 to 12th of April 2024 and 12th of April 2024 to 23rd 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 XMReality AB price movement. The serial correlation of 0.0 indicates that just 0.0% of current XMReality price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test-0.45
Residual Average0.0
Price Variance0.0

XMReality AB lagged returns against current returns

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

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

XMReality Lagged Returns

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

Currently Active Assets on Macroaxis

Other Information on Investing in XMReality Pink Sheet

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