Nh Foods Ltd Stock Market Value
| NIPMY Stock | USD 17.00 0.00 0.00% |
| Symbol | NIPMY |
NH Foods '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 NH Foods' 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 NH Foods.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in NH Foods on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding NH Foods Ltd or generate 0.0% return on investment in NH Foods over 180 days. NH Foods is related to or competes with Darling Ingredients, Paranovus Entertainment, ABIVAX Société, Pinnacle Sherman, Morningstar Unconstrained, SPACE, and Knife River. NH Foods Ltd. engages in the meat processing and packing business in Japan and internationally More
NH Foods 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 NH Foods' 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 NH Foods Ltd upside and downside potential and time the market with a certain degree of confidence.
NH Foods Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NH Foods' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NH Foods' standard deviation. In reality, there are many statistical measures that can use NH Foods historical prices to predict the future NH Foods' volatility.NH Foods Backtested Returns
We have found three technical indicators for NH Foods, which you can use to evaluate the volatility of the firm. The company owns a Beta (Systematic Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and NH Foods are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
NH Foods Ltd has no correlation between past and present. Overlapping area represents the amount of predictability between NH Foods time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th of November 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 NH Foods price movement. The serial correlation of 0.0 indicates that just 0.0% of current NH Foods price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
NH Foods lagged returns against current returns
Autocorrelation, which is NH Foods 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 NH Foods' pink sheet expected returns. We can calculate the autocorrelation of NH Foods returns to help us make a trade decision. For example, suppose you find that NH Foods 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 |
NH Foods 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 NH Foods pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NH Foods pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NH Foods pink sheet over time.
Current vs Lagged Prices |
| Timeline |
NH Foods Lagged Returns
When evaluating NH Foods' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NH Foods pink sheet have on its future price. NH Foods 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, NH Foods autocorrelation shows the relationship between NH Foods pink sheet current value and its past values and can show if there is a momentum factor associated with investing in NH Foods Ltd.
Regressed Prices |
| Timeline |
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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 NIPMY Pink Sheet Analysis
When running NH Foods' price analysis, check to measure NH Foods' 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 NH Foods is operating at the current time. Most of NH Foods' value examination focuses on studying past and present price action to predict the probability of NH Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NH Foods' price. Additionally, you may evaluate how the addition of NH Foods to your portfolios can decrease your overall portfolio volatility.