Adia Nutrition Stock Market Value
| ADIA Stock | USD 0.01 0 40.00% |
| Symbol | Adia |
Adia Nutrition '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 Adia Nutrition'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 Adia Nutrition.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Adia Nutrition on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Adia Nutrition or generate 0.0% return on investment in Adia Nutrition over 30 days. Adia Nutrition, Inc. produces probiotic chews and drink mixes More
Adia Nutrition 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 Adia Nutrition'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 Adia Nutrition upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 33.5 | |||
| Information Ratio | 0.1041 | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (40.00) | |||
| Potential Upside | 66.67 |
Adia Nutrition Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Adia Nutrition's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Adia Nutrition's standard deviation. In reality, there are many statistical measures that can use Adia Nutrition historical prices to predict the future Adia Nutrition's volatility.| Risk Adjusted Performance | 0.0879 | |||
| Jensen Alpha | 2.9 | |||
| Total Risk Alpha | (0.44) | |||
| Sortino Ratio | 0.082 | |||
| Treynor Ratio | (4.19) |
Adia Nutrition Backtested Returns
Adia Nutrition is out of control given 3 months investment horizon. Adia Nutrition secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We were able to collect and analyze data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 2.88% are justified by taking the suggested risk. Use Adia Nutrition Risk Adjusted Performance of 0.0879, mean deviation of 13.75, and Downside Deviation of 33.5 to evaluate company specific risk that cannot be diversified away. Adia Nutrition holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.68, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Adia Nutrition are expected to decrease at a much lower rate. During the bear market, Adia Nutrition is likely to outperform the market. Use Adia Nutrition sortino ratio, potential upside, and the relationship between the jensen alpha and maximum drawdown , to analyze future returns on Adia Nutrition.
Auto-correlation | 0.54 |
Modest predictability
Adia Nutrition has modest predictability. Overlapping area represents the amount of predictability between Adia Nutrition time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Adia Nutrition price movement. The serial correlation of 0.54 indicates that about 54.0% of current Adia Nutrition price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Adia Nutrition lagged returns against current returns
Autocorrelation, which is Adia Nutrition 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 Adia Nutrition's pink sheet expected returns. We can calculate the autocorrelation of Adia Nutrition returns to help us make a trade decision. For example, suppose you find that Adia Nutrition 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 |
Adia Nutrition 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 Adia Nutrition pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Adia Nutrition pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Adia Nutrition pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Adia Nutrition Lagged Returns
When evaluating Adia Nutrition's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Adia Nutrition pink sheet have on its future price. Adia Nutrition 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, Adia Nutrition autocorrelation shows the relationship between Adia Nutrition pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Adia Nutrition.
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 Adia Pink Sheet
Adia Nutrition financial ratios help investors to determine whether Adia 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 Adia with respect to the benefits of owning Adia Nutrition security.