Ethema Health Corp Stock Market Value
| GRST Stock | USD 0.0003 0.0001 25.00% |
| Symbol | Ethema |
Ethema Health '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 Ethema Health'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 Ethema Health.
| 06/25/2025 |
| 07/25/2025 |
If you would invest 0.00 in Ethema Health on June 25, 2025 and sell it all today you would earn a total of 0.00 from holding Ethema Health Corp or generate 0.0% return on investment in Ethema Health over 30 days. Ethema Health is related to or competes with Aveanna Healthcare. Ethema Health Corporation, together with its subsidiaries, operates substance abuse treatment center More
Ethema Health 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 Ethema Health'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 Ethema Health Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 23.72 | |||
| Information Ratio | 0.0497 | |||
| Maximum Drawdown | 58.33 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 33.33 |
Ethema Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ethema Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ethema Health's standard deviation. In reality, there are many statistical measures that can use Ethema Health historical prices to predict the future Ethema Health's volatility.| Risk Adjusted Performance | 0.0652 | |||
| Jensen Alpha | 1.74 | |||
| Total Risk Alpha | (2.99) | |||
| Sortino Ratio | 0.0294 | |||
| Treynor Ratio | (0.27) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ethema Health's 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.
Ethema Health Corp Backtested Returns
Ethema Health appears to be out of control, given 3 months investment horizon. Ethema Health Corp secures Sharpe Ratio (or Efficiency) of 0.067, which denotes the company had a 0.067 % return per unit of risk over the last 3 months. By reviewing Ethema Health's technical indicators, you can evaluate if the expected return of 0.94% is justified by implied risk. Please utilize Ethema Health's Coefficient Of Variation of 1491.64, downside deviation of 23.72, and Mean Deviation of 8.06 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ethema Health holds a performance score of 5. The firm shows a Beta (market volatility) of -3.47, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Ethema Health are expected to decrease by larger amounts. On the other hand, during market turmoil, Ethema Health is expected to outperform it. Please check Ethema Health's sortino ratio, as well as the relationship between the semi variance and day median price , to make a quick decision on whether Ethema Health's price patterns will revert.
Auto-correlation | -0.1 |
Very weak reverse predictability
Ethema Health Corp has very weak reverse predictability. Overlapping area represents the amount of predictability between Ethema Health time series from 25th of June 2025 to 10th of July 2025 and 10th of July 2025 to 25th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ethema Health Corp price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Ethema Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ethema Health Corp lagged returns against current returns
Autocorrelation, which is Ethema Health 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 Ethema Health's pink sheet expected returns. We can calculate the autocorrelation of Ethema Health returns to help us make a trade decision. For example, suppose you find that Ethema Health 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 |
Ethema Health 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 Ethema Health pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ethema Health pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ethema Health pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Ethema Health Lagged Returns
When evaluating Ethema Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ethema Health pink sheet have on its future price. Ethema Health 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, Ethema Health autocorrelation shows the relationship between Ethema Health pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Ethema Health Corp.
Regressed Prices |
| Timeline |
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Additional Tools for Ethema Pink Sheet Analysis
When running Ethema Health's price analysis, check to measure Ethema Health's 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 Ethema Health is operating at the current time. Most of Ethema Health's value examination focuses on studying past and present price action to predict the probability of Ethema Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ethema Health's price. Additionally, you may evaluate how the addition of Ethema Health to your portfolios can decrease your overall portfolio volatility.