Sugarmade Stock Market Value
| SGMD Stock | USD 0.0001 0.00 0.00% |
| Symbol | Sugarmade |
Sugarmade '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 Sugarmade'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 Sugarmade.
| 01/07/2023 |
| 12/27/2024 |
If you would invest 0.00 in Sugarmade on January 7, 2023 and sell it all today you would earn a total of 0.00 from holding Sugarmade or generate 0.0% return on investment in Sugarmade over 720 days. Sugarmade is related to or competes with White Gold. Sugarmade, Inc. engages in the paper and paper-based products business in the United States More
Sugarmade 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 Sugarmade'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 Sugarmade upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 113.33 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 10.0 |
Sugarmade Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sugarmade's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sugarmade's standard deviation. In reality, there are many statistical measures that can use Sugarmade historical prices to predict the future Sugarmade's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (2.09) | |||
| Total Risk Alpha | (2.90) | |||
| Treynor Ratio | 1.66 |
Sugarmade Backtested Returns
Sugarmade is out of control given 3 months investment horizon. Sugarmade owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.26, which indicates the firm had a 0.26% return per unit of risk over the last 3 months. We have collected data for twenty different technical indicators, which can help you to evaluate if expected returns of 75.33% are justified by taking the suggested risk. Use Sugarmade Risk Adjusted Performance of (0.11), variance of 192.16, and Coefficient Of Variation of (649.58) to evaluate company specific risk that cannot be diversified away. Sugarmade holds a performance score of 20 on a scale of zero to a hundred. The entity has a beta of -1.29, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Sugarmade are expected to decrease by larger amounts. On the other hand, during market turmoil, Sugarmade is expected to outperform it. Use Sugarmade total risk alpha, as well as the relationship between the kurtosis and day typical price , to analyze future returns on Sugarmade.
Auto-correlation | -0.23 |
Weak reverse predictability
Sugarmade has weak reverse predictability. Overlapping area represents the amount of predictability between Sugarmade time series from 7th of January 2023 to 2nd of January 2024 and 2nd of January 2024 to 27th 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 Sugarmade price movement. The serial correlation of -0.23 indicates that over 23.0% of current Sugarmade price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sugarmade lagged returns against current returns
Autocorrelation, which is Sugarmade 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 Sugarmade's pink sheet expected returns. We can calculate the autocorrelation of Sugarmade returns to help us make a trade decision. For example, suppose you find that Sugarmade 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 |
Sugarmade 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 Sugarmade pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sugarmade pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sugarmade pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Sugarmade Lagged Returns
When evaluating Sugarmade's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sugarmade pink sheet have on its future price. Sugarmade 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, Sugarmade autocorrelation shows the relationship between Sugarmade pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Sugarmade.
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 Sugarmade Pink Sheet
Sugarmade financial ratios help investors to determine whether Sugarmade 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 Sugarmade with respect to the benefits of owning Sugarmade security.