Nutritional Growth (Australia) Market Value
| NGS Stock | 0.04 0.00 0.00% |
| Symbol | Nutritional |
Nutritional 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 Nutritional Growth's 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 Nutritional Growth.
| 12/01/2024 |
| 12/31/2024 |
If you would invest 0.00 in Nutritional Growth on December 1, 2024 and sell it all today you would earn a total of 0.00 from holding Nutritional Growth Solutions or generate 0.0% return on investment in Nutritional Growth over 30 days. Nutritional Growth is related to or competes with Autosports, Kip McGrath, Cleanaway Waste, Ainsworth Game, Australian Unity, and British Amer. Nutritional Growth is entity of Australia More
Nutritional 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 Nutritional Growth's 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 Nutritional Growth Solutions upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.73 | |||
| Information Ratio | 0.1472 | |||
| Maximum Drawdown | 56.06 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 16.13 |
Nutritional Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nutritional Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nutritional Growth's standard deviation. In reality, there are many statistical measures that can use Nutritional Growth historical prices to predict the future Nutritional Growth's volatility.| Risk Adjusted Performance | 0.1287 | |||
| Jensen Alpha | 1.2 | |||
| Total Risk Alpha | 1.19 | |||
| Sortino Ratio | 0.1376 | |||
| Treynor Ratio | 0.7649 |
Nutritional Growth Backtested Returns
Nutritional Growth appears to be out of control, given 3 months investment horizon. Nutritional Growth has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. By analyzing Nutritional Growth's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please exercise Nutritional Growth's Mean Deviation of 5.31, downside deviation of 8.73, and Risk Adjusted Performance of 0.1287 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Nutritional Growth holds a performance score of 10. The company secures a Beta (Market Risk) of 1.57, which conveys 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, Nutritional Growth will likely underperform. Please check Nutritional Growth's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether Nutritional Growth's current price movements will revert.
Auto-correlation | -0.7 |
Very good reverse predictability
Nutritional Growth Solutions has very good reverse predictability. Overlapping area represents the amount of predictability between Nutritional Growth time series from 1st of December 2024 to 16th of December 2024 and 16th of December 2024 to 31st 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 Nutritional Growth price movement. The serial correlation of -0.7 indicates that around 70.0% of current Nutritional Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Nutritional Growth lagged returns against current returns
Autocorrelation, which is Nutritional Growth 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 Nutritional Growth's stock expected returns. We can calculate the autocorrelation of Nutritional Growth returns to help us make a trade decision. For example, suppose you find that Nutritional Growth 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 |
Nutritional 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 Nutritional Growth stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nutritional Growth stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nutritional Growth stock over time.
Current vs Lagged Prices |
| Timeline |
Nutritional Growth Lagged Returns
When evaluating Nutritional Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nutritional Growth stock have on its future price. Nutritional 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, Nutritional Growth autocorrelation shows the relationship between Nutritional Growth stock current value and its past values and can show if there is a momentum factor associated with investing in Nutritional Growth Solutions.
Regressed Prices |
| Timeline |
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Additional Tools for Nutritional Stock Analysis
When running Nutritional Growth's price analysis, check to measure Nutritional Growth'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 Nutritional Growth is operating at the current time. Most of Nutritional Growth's value examination focuses on studying past and present price action to predict the probability of Nutritional Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nutritional Growth's price. Additionally, you may evaluate how the addition of Nutritional Growth to your portfolios can decrease your overall portfolio volatility.