Millennium Investment Acquisition Stock Market Value
MILC Stock | USD 0.0001 0.00 0.00% |
Symbol | Millennium |
Millennium Investment '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 Millennium Investment'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 Millennium Investment.
07/17/2024 |
| 06/12/2025 |
If you would invest 0.00 in Millennium Investment on July 17, 2024 and sell it all today you would earn a total of 0.00 from holding Millennium Investment Acquisition or generate 0.0% return on investment in Millennium Investment over 330 days. Millennium Investment is related to or competes with CbdMD, Evolus, Avant Brands, Akanda Corp, Biofrontera, Collegium Pharmaceutical, and ANI Pharmaceuticals. Millennium Sustainable Ventures Corp. is a close-ended investment company More
Millennium Investment 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 Millennium Investment'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 Millennium Investment Acquisition upside and downside potential and time the market with a certain degree of confidence.
Millennium Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Millennium Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Millennium Investment's standard deviation. In reality, there are many statistical measures that can use Millennium Investment historical prices to predict the future Millennium Investment's volatility.Millennium Investment Backtested Returns
We have found three technical indicators for Millennium Investment, which you can use to evaluate the volatility of the firm. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Millennium Investment are completely uncorrelated.
Auto-correlation | -0.09 |
Very weak reverse predictability
Millennium Investment Acquisition has very weak reverse predictability. Overlapping area represents the amount of predictability between Millennium Investment time series from 17th of July 2024 to 29th of December 2024 and 29th of December 2024 to 12th of June 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 Millennium Investment price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Millennium Investment price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.09 | |
Spearman Rank Test | 0.82 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
Millennium Investment lagged returns against current returns
Autocorrelation, which is Millennium Investment 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 Millennium Investment's pink sheet expected returns. We can calculate the autocorrelation of Millennium Investment returns to help us make a trade decision. For example, suppose you find that Millennium Investment 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 |
Millennium Investment 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 Millennium Investment pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Millennium Investment pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Millennium Investment pink sheet over time.
Current vs Lagged Prices |
Timeline |
Millennium Investment Lagged Returns
When evaluating Millennium Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Millennium Investment pink sheet have on its future price. Millennium Investment 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, Millennium Investment autocorrelation shows the relationship between Millennium Investment pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Millennium Investment Acquisition.
Regressed Prices |
Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Millennium Pink Sheet
Millennium Investment financial ratios help investors to determine whether Millennium 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 Millennium with respect to the benefits of owning Millennium Investment security.