Sow Good Common Stock Market Value
| SOWG Stock | USD 3.59 0.06 1.70% |
| Symbol | Sow |
Sow Good '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 Sow Good's otc stock 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 Sow Good.
| 05/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in Sow Good on May 6, 2024 and sell it all today you would earn a total of 0.00 from holding Sow Good Common or generate 0.0% return on investment in Sow Good over 210 days. Sow Good is related to or competes with Pilgrims Pride, Treehouse Foods, Hain Celestial, Lancaster Colony, Nomad Foods, BRF SA, and Darling Ingredients. Sow Good Inc. provides freeze-dried snacks, smoothies, soups, and granola in the United States More
Sow Good 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 Sow Good's otc stock 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 Sow Good Common upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 66.78 | |||
| Value At Risk | (7.89) | |||
| Potential Upside | 6.91 |
Sow Good Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sow Good's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sow Good's standard deviation. In reality, there are many statistical measures that can use Sow Good historical prices to predict the future Sow Good's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (1.74) | |||
| Total Risk Alpha | (2.88) | |||
| Treynor Ratio | (0.96) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sow Good's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Sow Good Common Backtested Returns
Sow Good Common owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.17, which indicates the firm had a -0.17% return per unit of risk over the last 3 months. Sow Good Common exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sow Good's Variance of 65.38, coefficient of variation of (531.11), and Risk Adjusted Performance of (0.13) to confirm the risk estimate we provide. The entity has a beta of 1.59, 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, Sow Good will likely underperform. At this point, Sow Good Common has a negative expected return of -1.35%. Please make sure to validate Sow Good's potential upside, rate of daily change, as well as the relationship between the Rate Of Daily Change and period momentum indicator , to decide if Sow Good Common performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Sow Good Common has insignificant reverse predictability. Overlapping area represents the amount of predictability between Sow Good time series from 6th of May 2024 to 19th of August 2024 and 19th of August 2024 to 2nd 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 Sow Good Common price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Sow Good price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 8.92 |
Sow Good Common lagged returns against current returns
Autocorrelation, which is Sow Good otc stock'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 Sow Good's otc stock expected returns. We can calculate the autocorrelation of Sow Good returns to help us make a trade decision. For example, suppose you find that Sow Good has exhibited high autocorrelation historically, and you observe that the otc stock 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 |
Sow Good 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 Sow Good otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sow Good otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sow Good otc stock over time.
Current vs Lagged Prices |
| Timeline |
Sow Good Lagged Returns
When evaluating Sow Good's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sow Good otc stock have on its future price. Sow Good 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, Sow Good autocorrelation shows the relationship between Sow Good otc stock current value and its past values and can show if there is a momentum factor associated with investing in Sow Good Common.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sow OTC Stock
Sow Good financial ratios help investors to determine whether Sow OTC Stock 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 Sow with respect to the benefits of owning Sow Good security.