Nh Foods Ltd Stock Market Value
| NIPMY Stock | USD 16.25 1.15 7.62% |
| 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.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in NH Foods on March 26, 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 30 days. NH Foods is related to or competes with Kellanova, Lancaster Colony, A2 Milk, Artisan Consumer, Avi, Emmi AG, and General Mills. 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.
| Information Ratio | 0.0214 | |||
| Maximum Drawdown | 7.62 |
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.| Risk Adjusted Performance | 0.0801 | |||
| Jensen Alpha | 0.1101 | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (1.91) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NH Foods' 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.
NH Foods Backtested Returns
We consider NH Foods very steady. NH Foods retains Efficiency (Sharpe Ratio) of 0.13, which conveys that the firm had a 0.13% return per unit of price deviation over the last 3 months. We have found nineteen technical indicators for NH Foods, which you can use to evaluate the volatility of the firm. Please verify NH Foods' Mean Deviation of 0.2273, market risk adjusted performance of (1.90), and Information Ratio of 0.0214 to check out if the risk estimate we provide is consistent with the expected return of 0.12%. NH Foods has a performance score of 9 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of -0.0553, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NH Foods are expected to decrease at a much lower rate. During the bear market, NH Foods is likely to outperform the market. NH Foods today owns a risk of 0.97%. Please verify NH Foods Ltd market risk adjusted performance, jensen alpha, as well as the relationship between the Jensen Alpha and day median price , to decide if NH Foods Ltd will be following its current price history.
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 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 | 0.33 |
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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Complementary 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.
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NH Foods technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.