Salmar Asa Stock Market Value
| SALRY Stock | USD 12.17 0.22 1.84% |
| Symbol | SalMar |
SalMar ASA '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 SalMar ASA'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 SalMar ASA.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in SalMar ASA on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding SalMar ASA or generate 0.0% return on investment in SalMar ASA over 90 days. SalMar ASA is related to or competes with SLC Agricola, Cal Maine, Bunge, Austevoll Seafood, Golden Agri, Wilmar International, and Brasilagro Adr. SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, the United States, Canada, Norway, rest of... More
SalMar ASA 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 SalMar ASA'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 SalMar ASA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0078 | |||
| Maximum Drawdown | 15.64 | |||
| Value At Risk | (6.11) | |||
| Potential Upside | 4.63 |
SalMar ASA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SalMar ASA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SalMar ASA's standard deviation. In reality, there are many statistical measures that can use SalMar ASA historical prices to predict the future SalMar ASA's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | 0.3517 | |||
| Treynor Ratio | (0.13) |
SalMar ASA Backtested Returns
SalMar ASA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0208, which indicates the firm had a -0.0208 % return per unit of risk over the last 3 months. SalMar ASA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SalMar ASA's Variance of 12.0, coefficient of variation of (4,804), and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. The entity has a beta of 0.63, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SalMar ASA's returns are expected to increase less than the market. However, during the bear market, the loss of holding SalMar ASA is expected to be smaller as well. At this point, SalMar ASA has a negative expected return of -0.0721%. Please make sure to validate SalMar ASA's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if SalMar ASA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.34 |
Poor reverse predictability
SalMar ASA has poor reverse predictability. Overlapping area represents the amount of predictability between SalMar ASA time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 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 SalMar ASA price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current SalMar ASA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
SalMar ASA lagged returns against current returns
Autocorrelation, which is SalMar ASA 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 SalMar ASA's pink sheet expected returns. We can calculate the autocorrelation of SalMar ASA returns to help us make a trade decision. For example, suppose you find that SalMar ASA 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 |
SalMar ASA 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 SalMar ASA pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SalMar ASA pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SalMar ASA pink sheet over time.
Current vs Lagged Prices |
| Timeline |
SalMar ASA Lagged Returns
When evaluating SalMar ASA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SalMar ASA pink sheet have on its future price. SalMar ASA 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, SalMar ASA autocorrelation shows the relationship between SalMar ASA pink sheet current value and its past values and can show if there is a momentum factor associated with investing in SalMar ASA.
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.Additional Tools for SalMar Pink Sheet Analysis
When running SalMar ASA's price analysis, check to measure SalMar ASA'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 SalMar ASA is operating at the current time. Most of SalMar ASA's value examination focuses on studying past and present price action to predict the probability of SalMar ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SalMar ASA's price. Additionally, you may evaluate how the addition of SalMar ASA to your portfolios can decrease your overall portfolio volatility.