Allstar Health Brands Stock Market Value
| ALST Stock | USD 0.0004 0.0001 20.00% |
| Symbol | Allstar |
Allstar Health '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 Allstar Health'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 Allstar Health.
| 03/10/2023 |
| 02/27/2025 |
If you would invest 0.00 in Allstar Health on March 10, 2023 and sell it all today you would earn a total of 0.00 from holding Allstar Health Brands or generate 0.0% return on investment in Allstar Health over 720 days. Allstar Health Brands, Inc., a specialty health care products company, focuses on enhancing health and quality of life b... More
Allstar Health 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 Allstar Health'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 Allstar Health Brands upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 21.71 | |||
| Information Ratio | 0.023 | |||
| Maximum Drawdown | 68.57 | |||
| Value At Risk | (20.00) | |||
| Potential Upside | 25.0 |
Allstar Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Allstar Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Allstar Health's standard deviation. In reality, there are many statistical measures that can use Allstar Health historical prices to predict the future Allstar Health's volatility.| Risk Adjusted Performance | 0.0265 | |||
| Jensen Alpha | 0.2712 | |||
| Total Risk Alpha | 0.3476 | |||
| Sortino Ratio | 0.0118 | |||
| Treynor Ratio | 0.0752 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Allstar Health's 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.
Allstar Health Brands Backtested Returns
Allstar Health Brands secures Sharpe Ratio (or Efficiency) of -0.0364, which signifies that the company had a -0.0364 % return per unit of risk over the last 3 months. Allstar Health Brands exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Allstar Health's Risk Adjusted Performance of 0.0265, mean deviation of 5.3, and Downside Deviation of 21.71 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 3.32, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Allstar Health will likely underperform. At this point, Allstar Health Brands has a negative expected return of -0.38%. Please make sure to confirm Allstar Health's treynor ratio, as well as the relationship between the expected short fall and day typical price , to decide if Allstar Health Brands performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.49 |
Average predictability
Allstar Health Brands has average predictability. Overlapping area represents the amount of predictability between Allstar Health time series from 10th of March 2023 to 4th of March 2024 and 4th of March 2024 to 27th of February 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 Allstar Health Brands price movement. The serial correlation of 0.49 indicates that about 49.0% of current Allstar Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Allstar Health Brands lagged returns against current returns
Autocorrelation, which is Allstar Health 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 Allstar Health's pink sheet expected returns. We can calculate the autocorrelation of Allstar Health returns to help us make a trade decision. For example, suppose you find that Allstar Health 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 |
Allstar Health 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 Allstar Health pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Allstar Health pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Allstar Health pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Allstar Health Lagged Returns
When evaluating Allstar Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Allstar Health pink sheet have on its future price. Allstar Health 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, Allstar Health autocorrelation shows the relationship between Allstar Health pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Allstar Health Brands.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Allstar Pink Sheet Analysis
When running Allstar Health's price analysis, check to measure Allstar Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Allstar Health is operating at the current time. Most of Allstar Health's value examination focuses on studying past and present price action to predict the probability of Allstar Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allstar Health's price. Additionally, you may evaluate how the addition of Allstar Health to your portfolios can decrease your overall portfolio volatility.