Nutranomics Stock Market Value
Nutranomics' market value is the price at which a share of Nutranomics trades on a public exchange. It measures the collective expectations of Nutranomics investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Nutranomics and determine expected loss or profit from investing in Nutranomics over a given investment horizon. Check out Nutranomics Correlation, Nutranomics Volatility and Nutranomics Alpha and Beta module to complement your research on Nutranomics.
| Symbol | Nutranomics |
Nutranomics '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 Nutranomics' 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 Nutranomics.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Nutranomics on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Nutranomics or generate 0.0% return on investment in Nutranomics over 30 days. Nutranomics, Inc. engages in the research, development, and sale of nutritional food products More
Nutranomics 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 Nutranomics' 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 Nutranomics upside and downside potential and time the market with a certain degree of confidence.
Nutranomics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nutranomics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nutranomics' standard deviation. In reality, there are many statistical measures that can use Nutranomics historical prices to predict the future Nutranomics' volatility.Nutranomics Backtested Returns
Nutranomics has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16% return per unit of risk over the last 3 months. We were able to interpolate data for zero different technical indicators, which can help you to evaluate if expected returns of 28.57% are justified by taking the suggested risk. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Nutranomics are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Nutranomics has no correlation between past and present. Overlapping area represents the amount of predictability between Nutranomics 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 Nutranomics price movement. The serial correlation of 0.0 indicates that just 0.0% of current Nutranomics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Nutranomics lagged returns against current returns
Autocorrelation, which is Nutranomics 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 Nutranomics' pink sheet expected returns. We can calculate the autocorrelation of Nutranomics returns to help us make a trade decision. For example, suppose you find that Nutranomics 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 |
Nutranomics 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 Nutranomics pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nutranomics pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nutranomics pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Nutranomics Lagged Returns
When evaluating Nutranomics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nutranomics pink sheet have on its future price. Nutranomics 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, Nutranomics autocorrelation shows the relationship between Nutranomics pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Nutranomics.
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 Nutranomics Pink Sheet Analysis
When running Nutranomics' price analysis, check to measure Nutranomics' 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 Nutranomics is operating at the current time. Most of Nutranomics' value examination focuses on studying past and present price action to predict the probability of Nutranomics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nutranomics' price. Additionally, you may evaluate how the addition of Nutranomics to your portfolios can decrease your overall portfolio volatility.