Naturalshrimp Stock Market Value
| SHMP Stock | USD 0 0.0001 2.56% |
| Symbol | NaturalShrimp |
NaturalShrimp '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 NaturalShrimp'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 NaturalShrimp.
| 09/05/2024 |
| 12/04/2024 |
If you would invest 0.00 in NaturalShrimp on September 5, 2024 and sell it all today you would earn a total of 0.00 from holding NaturalShrimp or generate 0.0% return on investment in NaturalShrimp over 90 days. NaturalShrimp is related to or competes with Village Farms, Australian Agricultural, Forafric Global, Forafric Global, Fresh Del, Limoneira, and Brasilagro Adr. NaturalShrimp Incorporated operates as an aquaculture company worldwide More
NaturalShrimp 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 NaturalShrimp'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 NaturalShrimp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 16.0 | |||
| Information Ratio | 0.0631 | |||
| Maximum Drawdown | 61.9 | |||
| Value At Risk | (20.00) | |||
| Potential Upside | 25.0 |
NaturalShrimp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NaturalShrimp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NaturalShrimp's standard deviation. In reality, there are many statistical measures that can use NaturalShrimp historical prices to predict the future NaturalShrimp's volatility.| Risk Adjusted Performance | 0.0643 | |||
| Jensen Alpha | 1.15 | |||
| Total Risk Alpha | (0.83) | |||
| Sortino Ratio | 0.0508 | |||
| Treynor Ratio | (0.40) |
NaturalShrimp Backtested Returns
NaturalShrimp is out of control given 3 months investment horizon. NaturalShrimp has Sharpe Ratio of 0.0794, which conveys that the firm had a 0.0794% return per unit of risk over the last 3 months. We have collected data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.03% are justified by taking the suggested risk. Use NaturalShrimp Downside Deviation of 16.0, risk adjusted performance of 0.0643, and Mean Deviation of 8.75 to evaluate company specific risk that cannot be diversified away. NaturalShrimp holds a performance score of 6 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -2.3, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning NaturalShrimp are expected to decrease by larger amounts. On the other hand, during market turmoil, NaturalShrimp is expected to outperform it. Use NaturalShrimp downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to analyze future returns on NaturalShrimp.
Auto-correlation | -0.56 |
Good reverse predictability
NaturalShrimp has good reverse predictability. Overlapping area represents the amount of predictability between NaturalShrimp time series from 5th of September 2024 to 20th of October 2024 and 20th of October 2024 to 4th 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 NaturalShrimp price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current NaturalShrimp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
NaturalShrimp lagged returns against current returns
Autocorrelation, which is NaturalShrimp 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 NaturalShrimp's pink sheet expected returns. We can calculate the autocorrelation of NaturalShrimp returns to help us make a trade decision. For example, suppose you find that NaturalShrimp 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 |
NaturalShrimp 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 NaturalShrimp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NaturalShrimp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NaturalShrimp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
NaturalShrimp Lagged Returns
When evaluating NaturalShrimp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NaturalShrimp pink sheet have on its future price. NaturalShrimp 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, NaturalShrimp autocorrelation shows the relationship between NaturalShrimp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in NaturalShrimp.
Regressed Prices |
| Timeline |
Pair Trading with NaturalShrimp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NaturalShrimp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NaturalShrimp will appreciate offsetting losses from the drop in the long position's value.Moving against NaturalShrimp Pink Sheet
| 0.56 | PG | Procter Gamble Sell-off Trend | PairCorr |
| 0.46 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
| 0.34 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
The ability to find closely correlated positions to NaturalShrimp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NaturalShrimp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NaturalShrimp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NaturalShrimp to buy it.
The correlation of NaturalShrimp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NaturalShrimp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NaturalShrimp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NaturalShrimp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for NaturalShrimp Pink Sheet Analysis
When running NaturalShrimp's price analysis, check to measure NaturalShrimp'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 NaturalShrimp is operating at the current time. Most of NaturalShrimp's value examination focuses on studying past and present price action to predict the probability of NaturalShrimp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NaturalShrimp's price. Additionally, you may evaluate how the addition of NaturalShrimp to your portfolios can decrease your overall portfolio volatility.