Auxly Cannabis Group Stock Market Value
| XLY Stock | CAD 0.14 0.01 6.67% |
| Symbol | Auxly |
Auxly Cannabis Group Price To Book Ratio
Auxly Cannabis '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 Auxly Cannabis' 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 Auxly Cannabis.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Auxly Cannabis on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Auxly Cannabis Group or generate 0.0% return on investment in Auxly Cannabis over 90 days. Auxly Cannabis is related to or competes with OrganiGram Holdings, Tilray, and Lifeist Wellness. Auxly Cannabis Group Inc. operates as a consumer-packaged goods company in the cannabis products market in Canada More
Auxly Cannabis 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 Auxly Cannabis' 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 Auxly Cannabis Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.41 | |||
| Information Ratio | 0.1444 | |||
| Maximum Drawdown | 33.19 | |||
| Value At Risk | (7.14) | |||
| Potential Upside | 8.33 |
Auxly Cannabis Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Auxly Cannabis' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Auxly Cannabis' standard deviation. In reality, there are many statistical measures that can use Auxly Cannabis historical prices to predict the future Auxly Cannabis' volatility.| Risk Adjusted Performance | 0.1647 | |||
| Jensen Alpha | 0.9952 | |||
| Total Risk Alpha | 0.158 | |||
| Sortino Ratio | 0.1205 | |||
| Treynor Ratio | 4.67 |
Auxly Cannabis Group Backtested Returns
Auxly Cannabis is out of control given 3 months investment horizon. Auxly Cannabis Group secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17 % return per unit of risk over the last 3 months. We have analyzed and interpolated thirty different technical indicators, which can help you to evaluate if expected returns of 1.07% are justified by taking the suggested risk. Use Auxly Cannabis Risk Adjusted Performance of 0.1647, downside deviation of 7.41, and Mean Deviation of 4.53 to evaluate company specific risk that cannot be diversified away. Auxly Cannabis holds a performance score of 13 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Auxly Cannabis' returns are expected to increase less than the market. However, during the bear market, the loss of holding Auxly Cannabis is expected to be smaller as well. Use Auxly Cannabis semi variance and the relationship between the accumulation distribution and relative strength index , to analyze future returns on Auxly Cannabis.
Auto-correlation | 0.25 |
Poor predictability
Auxly Cannabis Group has poor predictability. Overlapping area represents the amount of predictability between Auxly Cannabis time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th 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 Auxly Cannabis Group price movement. The serial correlation of 0.25 indicates that over 25.0% of current Auxly Cannabis price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Auxly Cannabis Group lagged returns against current returns
Autocorrelation, which is Auxly Cannabis 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 Auxly Cannabis' stock expected returns. We can calculate the autocorrelation of Auxly Cannabis returns to help us make a trade decision. For example, suppose you find that Auxly Cannabis 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 |
| Timeline |
Auxly Cannabis 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 Auxly Cannabis stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Auxly Cannabis stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Auxly Cannabis stock over time.
Current vs Lagged Prices |
| Timeline |
Auxly Cannabis Lagged Returns
When evaluating Auxly Cannabis' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Auxly Cannabis stock have on its future price. Auxly Cannabis 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, Auxly Cannabis autocorrelation shows the relationship between Auxly Cannabis stock current value and its past values and can show if there is a momentum factor associated with investing in Auxly Cannabis Group.
Regressed Prices |
| Timeline |
Pair Trading with Auxly Cannabis
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Auxly Cannabis position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Auxly Cannabis will appreciate offsetting losses from the drop in the long position's value.Moving together with Auxly Stock
The ability to find closely correlated positions to Auxly Cannabis could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Auxly Cannabis when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Auxly Cannabis - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Auxly Cannabis Group to buy it.
The correlation of Auxly Cannabis is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Auxly Cannabis moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Auxly Cannabis Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Auxly Cannabis can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Auxly Stock
Auxly Cannabis financial ratios help investors to determine whether Auxly 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 Auxly with respect to the benefits of owning Auxly Cannabis security.