Astral Foods Limited Stock Market Value
| ALFDF Stock | USD 7.39 0.00 0.00% |
| Symbol | Astral |
Astral Foods '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 Astral Foods' 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 Astral Foods.
| 02/10/2024 |
| 01/05/2025 |
If you would invest 0.00 in Astral Foods on February 10, 2024 and sell it all today you would earn a total of 0.00 from holding Astral Foods Limited or generate 0.0% return on investment in Astral Foods over 330 days. Astral Foods is related to or competes with Austevoll Seafood, Golden Agri, SalMar ASA, Wilmar International, Brasilagro Adr, Forafric Global, and Australian Agricultural. Astral Foods Limited operates as an integrated poultry producer in South Africa and internationally More
Astral Foods 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 Astral Foods' 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 Astral Foods Limited upside and downside potential and time the market with a certain degree of confidence.
Astral Foods Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Astral Foods' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Astral Foods' standard deviation. In reality, there are many statistical measures that can use Astral Foods historical prices to predict the future Astral Foods' volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Astral Foods' 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.
Astral Foods Limited Backtested Returns
We have found three technical indicators for Astral Foods Limited, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Astral Foods are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Astral Foods Limited has perfect predictability. Overlapping area represents the amount of predictability between Astral Foods time series from 10th of February 2024 to 24th of July 2024 and 24th of July 2024 to 5th of January 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 Astral Foods Limited price movement. The serial correlation of 1.0 indicates that 100.0% of current Astral Foods price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Astral Foods Limited lagged returns against current returns
Autocorrelation, which is Astral Foods 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 Astral Foods' pink sheet expected returns. We can calculate the autocorrelation of Astral Foods returns to help us make a trade decision. For example, suppose you find that Astral Foods 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 |
Astral Foods 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 Astral Foods pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Astral Foods pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Astral Foods pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Astral Foods Lagged Returns
When evaluating Astral Foods' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Astral Foods pink sheet have on its future price. Astral Foods 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, Astral Foods autocorrelation shows the relationship between Astral Foods pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Astral Foods Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Astral Pink Sheet
Astral Foods financial ratios help investors to determine whether Astral 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 Astral with respect to the benefits of owning Astral Foods security.