Naturhouse Health (Spain) Market Value
| NTH Stock | EUR 1.69 0.01 0.59% |
| Symbol | Naturhouse |
Naturhouse 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 Naturhouse Health'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 Naturhouse Health.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Naturhouse Health on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Naturhouse Health SA or generate 0.0% return on investment in Naturhouse Health over 30 days. Naturhouse Health is related to or competes with International Consolidated, Aena SA, Acerinox, and ACS Actividades. Naturhouse Health, S.A. operates in the nutrition and weight management industry in Spain and internationally More
Naturhouse 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 Naturhouse Health'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 Naturhouse Health SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.31 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 7.04 | |||
| Value At Risk | (1.76) | |||
| Potential Upside | 1.78 |
Naturhouse Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Naturhouse Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Naturhouse Health's standard deviation. In reality, there are many statistical measures that can use Naturhouse Health historical prices to predict the future Naturhouse Health's volatility.| Risk Adjusted Performance | 0.0192 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.038 |
Naturhouse Health Backtested Returns
At this point, Naturhouse Health is slightly risky. Naturhouse Health has Sharpe Ratio of 0.0054, which conveys that the firm had a 0.0054% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Naturhouse Health, which you can use to evaluate the volatility of the firm. Please verify Naturhouse Health's Downside Deviation of 1.31, mean deviation of 0.7435, and Risk Adjusted Performance of 0.0192 to check out if the risk estimate we provide is consistent with the expected return of 0.0059%. The company secures a Beta (Market Risk) of 0.36, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Naturhouse Health's returns are expected to increase less than the market. However, during the bear market, the loss of holding Naturhouse Health is expected to be smaller as well. Naturhouse Health right now secures a risk of 1.09%. Please verify Naturhouse Health SA maximum drawdown, skewness, day typical price, as well as the relationship between the downside variance and daily balance of power , to decide if Naturhouse Health SA will be following its current price movements.
Auto-correlation | 0.11 |
Insignificant predictability
Naturhouse Health SA has insignificant predictability. Overlapping area represents the amount of predictability between Naturhouse Health time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Naturhouse Health price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Naturhouse Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Naturhouse Health lagged returns against current returns
Autocorrelation, which is Naturhouse Health 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 Naturhouse Health's stock expected returns. We can calculate the autocorrelation of Naturhouse Health returns to help us make a trade decision. For example, suppose you find that Naturhouse Health 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 |
Naturhouse 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 Naturhouse Health stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Naturhouse Health stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Naturhouse Health stock over time.
Current vs Lagged Prices |
| Timeline |
Naturhouse Health Lagged Returns
When evaluating Naturhouse Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Naturhouse Health stock have on its future price. Naturhouse 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, Naturhouse Health autocorrelation shows the relationship between Naturhouse Health stock current value and its past values and can show if there is a momentum factor associated with investing in Naturhouse Health SA.
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 Naturhouse Stock
Naturhouse Health financial ratios help investors to determine whether Naturhouse Stock 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 Naturhouse with respect to the benefits of owning Naturhouse Health security.