1933 Industries Stock Market Value

TGIFF Stock  USD 0.01  0  11.11%   
1933 Industries' market value is the price at which a share of 1933 Industries trades on a public exchange. It measures the collective expectations of 1933 Industries investors about its performance. 1933 Industries is trading at 0.013 as of the 29th of March 2024. This is a 11.11% increase since the beginning of the trading day. The stock's lowest day price was 0.013.
With this module, you can estimate the performance of a buy and hold strategy of 1933 Industries and determine expected loss or profit from investing in 1933 Industries over a given investment horizon. Check out 1933 Industries Correlation, 1933 Industries Volatility and 1933 Industries Alpha and Beta module to complement your research on 1933 Industries.
Symbol

Please note, there is a significant difference between 1933 Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if 1933 Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1933 Industries' 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.

1933 Industries '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 1933 Industries' otc 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 1933 Industries.
0.00
02/28/2024
No Change 0.00  0.0 
In 31 days
03/29/2024
0.00
If you would invest  0.00  in 1933 Industries on February 28, 2024 and sell it all today you would earn a total of 0.00 from holding 1933 Industries or generate 0.0% return on investment in 1933 Industries over 30 days. 1933 Industries is related to or competes with Takeda Pharmaceutical, Teva Pharmaceutical, Haleon Plc, Haleon Plc, and Vyne Therapeutics. 1933 Industries Inc., a cannabis company, engages in the cultivation and production of medical marijuana in the United S... More

1933 Industries 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 1933 Industries' otc 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 1933 Industries upside and downside potential and time the market with a certain degree of confidence.

1933 Industries Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for 1933 Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 1933 Industries' standard deviation. In reality, there are many statistical measures that can use 1933 Industries historical prices to predict the future 1933 Industries' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of 1933 Industries' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.000.0112.99
Details
Intrinsic
Valuation
LowRealHigh
0.000.0112.99
Details
Naive
Forecast
LowNextHigh
0.00030.0213.00
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.010.010.01
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as 1933 Industries. Your research has to be compared to or analyzed against 1933 Industries' peers to derive any actionable benefits. When done correctly, 1933 Industries' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in 1933 Industries.

1933 Industries Backtested Returns

1933 Industries appears to be out of control, given 3 months investment horizon. 1933 Industries retains Efficiency (Sharpe Ratio) of 0.0483, which signifies that the company had a 0.0483% return per unit of price deviation over the last 3 months. By evaluating 1933 Industries' technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please makes use of 1933 Industries' Standard Deviation of 13.16, market risk adjusted performance of (0.24), and Coefficient Of Variation of 1601.94 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, 1933 Industries holds a performance score of 3. The firm owns a Beta (Systematic Risk) of -3.2, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning 1933 Industries are expected to decrease by larger amounts. On the other hand, during market turmoil, 1933 Industries is expected to outperform it. Please check 1933 Industries' downside deviation, treynor ratio, expected short fall, as well as the relationship between the jensen alpha and potential upside , to make a quick decision on whether 1933 Industries' current price history will revert.

Auto-correlation

    
  -0.55  

Good reverse predictability

1933 Industries has good reverse predictability. Overlapping area represents the amount of predictability between 1933 Industries time series from 28th of February 2024 to 14th of March 2024 and 14th of March 2024 to 29th of March 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 1933 Industries price movement. The serial correlation of -0.55 indicates that about 55.0% of current 1933 Industries price fluctuation can be explain by its past prices.
Correlation Coefficient-0.55
Spearman Rank Test-0.55
Residual Average0.0
Price Variance0.0

1933 Industries lagged returns against current returns

Autocorrelation, which is 1933 Industries otc 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 1933 Industries' otc stock expected returns. We can calculate the autocorrelation of 1933 Industries returns to help us make a trade decision. For example, suppose you find that 1933 Industries has exhibited high autocorrelation historically, and you observe that the otc 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   
       Timeline  

1933 Industries 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 1933 Industries otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 1933 Industries otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 1933 Industries otc stock over time.
   Current vs Lagged Prices   
       Timeline  

1933 Industries Lagged Returns

When evaluating 1933 Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 1933 Industries otc stock have on its future price. 1933 Industries 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, 1933 Industries autocorrelation shows the relationship between 1933 Industries otc stock current value and its past values and can show if there is a momentum factor associated with investing in 1933 Industries.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Check out 1933 Industries Correlation, 1933 Industries Volatility and 1933 Industries Alpha and Beta module to complement your research on 1933 Industries.
Note that the 1933 Industries information on this page should be used as a complementary analysis to other 1933 Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

Complementary Tools for 1933 OTC Stock analysis

When running 1933 Industries' price analysis, check to measure 1933 Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 1933 Industries is operating at the current time. Most of 1933 Industries' value examination focuses on studying past and present price action to predict the probability of 1933 Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 1933 Industries' price. Additionally, you may evaluate how the addition of 1933 Industries to your portfolios can decrease your overall portfolio volatility.
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1933 Industries technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
A focus of 1933 Industries technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of 1933 Industries trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...