Yerbae Brands Corp Stock Market Value
| YERB-U Stock | 0.12 0.02 20.00% |
| Symbol | Yerbae |
Yerbae Brands '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 Yerbae Brands' 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 Yerbae Brands.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in Yerbae Brands on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding Yerbae Brands Corp or generate 0.0% return on investment in Yerbae Brands over 30 days. Yerbae Brands is related to or competes with Westshore Terminals, Mako Mining, First National, Laurentian Bank, Income Financial, and US Financial. Yerbae Brands is entity of Canada. It is traded as Stock on V exchange. More
Yerbae Brands 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 Yerbae Brands' 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 Yerbae Brands Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 62.5 | |||
| Value At Risk | (23.53) | |||
| Potential Upside | 18.18 |
Yerbae Brands Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yerbae Brands' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yerbae Brands' standard deviation. In reality, there are many statistical measures that can use Yerbae Brands historical prices to predict the future Yerbae Brands' volatility.| Risk Adjusted Performance | 0.0063 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | 0.433 |
Yerbae Brands Corp Backtested Returns
At this point, Yerbae Brands is out of control. Yerbae Brands Corp shows Sharpe Ratio of 0.0128, which attests that the company had a 0.0128% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Yerbae Brands Corp, which you can use to evaluate the volatility of the company. Please check out Yerbae Brands' Market Risk Adjusted Performance of 0.443, standard deviation of 11.16, and Mean Deviation of 6.48 to validate if the risk estimate we provide is consistent with the expected return of 0.14%. Yerbae Brands has a performance score of 1 on a scale of 0 to 100. The firm maintains a market beta of -0.12, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Yerbae Brands are expected to decrease at a much lower rate. During the bear market, Yerbae Brands is likely to outperform the market. Yerbae Brands Corp right now maintains a risk of 10.61%. Please check out Yerbae Brands Corp kurtosis, rate of daily change, and the relationship between the skewness and daily balance of power , to decide if Yerbae Brands Corp will be following its historical returns.
Auto-correlation | 0.06 |
Virtually no predictability
Yerbae Brands Corp has virtually no predictability. Overlapping area represents the amount of predictability between Yerbae Brands time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st 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 Yerbae Brands Corp price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Yerbae Brands price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Yerbae Brands Corp lagged returns against current returns
Autocorrelation, which is Yerbae Brands 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 Yerbae Brands' stock expected returns. We can calculate the autocorrelation of Yerbae Brands returns to help us make a trade decision. For example, suppose you find that Yerbae Brands has exhibited high autocorrelation historically, and you observe that the 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 |
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Yerbae Brands 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 Yerbae Brands stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yerbae Brands stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yerbae Brands stock over time.
Current vs Lagged Prices |
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Yerbae Brands Lagged Returns
When evaluating Yerbae Brands' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yerbae Brands stock have on its future price. Yerbae Brands 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, Yerbae Brands autocorrelation shows the relationship between Yerbae Brands stock current value and its past values and can show if there is a momentum factor associated with investing in Yerbae Brands Corp.
Regressed Prices |
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Thematic Opportunities
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Other Information on Investing in Yerbae Stock
Yerbae Brands financial ratios help investors to determine whether Yerbae 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 Yerbae with respect to the benefits of owning Yerbae Brands security.