Ag Growth International Stock Market Value
| AGGZF Stock | USD 37.70 1.38 3.53% |
| Symbol | AGGZF |
Ag Growth '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 Ag Growth'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 Ag Growth.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Ag Growth on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Ag Growth International or generate 0.0% return on investment in Ag Growth over 30 days. Ag Growth is related to or competes with First Tractor, AmeraMex International, Arts Way, Buhler Industries, Austin Engineering, Textainer Group, and Alamo. Ag Growth International Inc., together with its subsidiaries, manufactures and distributes grain and rice handling, stor... More
Ag Growth 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 Ag Growth'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 Ag Growth International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 10.36 | |||
| Value At Risk | (1.63) | |||
| Potential Upside | 1.59 |
Ag Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ag Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ag Growth's standard deviation. In reality, there are many statistical measures that can use Ag Growth historical prices to predict the future Ag Growth's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | 1.07 |
Ag Growth International Backtested Returns
Ag Growth International retains Efficiency (Sharpe Ratio) of -0.0581, which signifies that the company had a -0.0581% return per unit of price deviation over the last 3 months. Ag Growth exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ag Growth's Information Ratio of (0.1), market risk adjusted performance of 1.08, and Variance of 3.12 to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.0558, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ag Growth are expected to decrease at a much lower rate. During the bear market, Ag Growth is likely to outperform the market. At this point, Ag Growth International has a negative expected return of -0.11%. Please make sure to confirm Ag Growth's treynor ratio, and the relationship between the standard deviation and kurtosis , to decide if Ag Growth International performance from the past will be repeated at some future date.
Auto-correlation | 0.54 |
Modest predictability
Ag Growth International has modest predictability. Overlapping area represents the amount of predictability between Ag Growth time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Ag Growth International price movement. The serial correlation of 0.54 indicates that about 54.0% of current Ag Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.32 |
Ag Growth International lagged returns against current returns
Autocorrelation, which is Ag Growth 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 Ag Growth's pink sheet expected returns. We can calculate the autocorrelation of Ag Growth returns to help us make a trade decision. For example, suppose you find that Ag Growth 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 |
Ag Growth 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 Ag Growth pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ag Growth pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ag Growth pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Ag Growth Lagged Returns
When evaluating Ag Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ag Growth pink sheet have on its future price. Ag Growth 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, Ag Growth autocorrelation shows the relationship between Ag Growth pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Ag Growth International.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in AGGZF Pink Sheet
Ag Growth financial ratios help investors to determine whether AGGZF 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 AGGZF with respect to the benefits of owning Ag Growth security.