Sharing Services Global Stock Market Value
| SHRG Stock | USD 1.20 0.13 9.77% |
| Symbol | Sharing |
Sharing Services '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 Sharing Services' 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 Sharing Services.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Sharing Services on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Sharing Services Global or generate 0.0% return on investment in Sharing Services over 30 days. Sharing Services is related to or competes with Bridgford Foods, J J, Central Garden, Central Garden, Seneca Foods, Aryzta AG, and Lifeway Foods. Sharing Services Global Corporation operates in the direct selling industry primarily in the United States, Canada, and ... More
Sharing Services 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 Sharing Services' 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 Sharing Services Global upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 28.67 | |||
| Information Ratio | 0.1825 | |||
| Maximum Drawdown | 263.03 | |||
| Value At Risk | (33.50) | |||
| Potential Upside | 99.0 |
Sharing Services Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sharing Services' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sharing Services' standard deviation. In reality, there are many statistical measures that can use Sharing Services historical prices to predict the future Sharing Services' volatility.| Risk Adjusted Performance | 0.1442 | |||
| Jensen Alpha | 7.51 | |||
| Total Risk Alpha | 7.85 | |||
| Sortino Ratio | 0.2615 | |||
| Treynor Ratio | 2.46 |
Sharing Services Global Backtested Returns
Sharing Services is out of control given 3 months investment horizon. Sharing Services Global owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19 % return per unit of risk over the last 3 months. We were able to interpolate data for thirty different technical indicators, which can help you to evaluate if expected returns of 8.39% are justified by taking the suggested risk. Use Sharing Services Global Semi Deviation of 15.36, coefficient of variation of 547.66, and Risk Adjusted Performance of 0.1442 to evaluate company specific risk that cannot be diversified away. Sharing Services holds a performance score of 15 on a scale of zero to a hundred. The entity has a beta of 3.04, which indicates 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, Sharing Services will likely underperform. Use Sharing Services Global jensen alpha, skewness, relative strength index, as well as the relationship between the value at risk and day median price , to analyze future returns on Sharing Services Global.
Auto-correlation | 0.32 |
Below average predictability
Sharing Services Global has below average predictability. Overlapping area represents the amount of predictability between Sharing Services time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 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 Sharing Services Global price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Sharing Services price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Sharing Services Global lagged returns against current returns
Autocorrelation, which is Sharing Services 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 Sharing Services' pink sheet expected returns. We can calculate the autocorrelation of Sharing Services returns to help us make a trade decision. For example, suppose you find that Sharing Services 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 |
Sharing Services 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 Sharing Services pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sharing Services pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sharing Services pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Sharing Services Lagged Returns
When evaluating Sharing Services' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sharing Services pink sheet have on its future price. Sharing Services 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, Sharing Services autocorrelation shows the relationship between Sharing Services pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Sharing Services Global.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sharing Pink Sheet
Sharing Services financial ratios help investors to determine whether Sharing 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 Sharing with respect to the benefits of owning Sharing Services security.