Agra Ventures Stock Market Value
| AGFAF Stock | USD 0.02 0.00 0.00% |
| Symbol | Agra |
Agra Ventures '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 Agra Ventures' 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 Agra Ventures.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Agra Ventures on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Agra Ventures or generate 0.0% return on investment in Agra Ventures over 180 days. Agra Ventures is related to or competes with Genomma Lab, Nippon Shinyaku, C21 Investments, and Grown Rogue. Agra Ventures Ltd. operates in the cannabis industry in Canada and Germany More
Agra Ventures 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 Agra Ventures' 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 Agra Ventures upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0139 | |||
| Maximum Drawdown | 70.12 | |||
| Value At Risk | (9.32) | |||
| Potential Upside | 18.0 |
Agra Ventures Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Agra Ventures' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Agra Ventures' standard deviation. In reality, there are many statistical measures that can use Agra Ventures historical prices to predict the future Agra Ventures' volatility.| Risk Adjusted Performance | 0.0293 | |||
| Jensen Alpha | 0.2507 | |||
| Total Risk Alpha | (1.42) | |||
| Treynor Ratio | 1.73 |
Agra Ventures Backtested Returns
Agra Ventures appears to be out of control, given 3 months investment horizon. Agra Ventures secures Sharpe Ratio (or Efficiency) of 0.0976, which signifies that the company had a 0.0976% return per unit of risk over the last 3 months. By analyzing Agra Ventures' technical indicators, you can evaluate if the expected return of 0.82% is justified by implied risk. Please makes use of Agra Ventures' Risk Adjusted Performance of 0.0293, standard deviation of 10.7, and Mean Deviation of 3.77 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Agra Ventures holds a performance score of 7. The firm shows a Beta (market volatility) of 0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Agra Ventures' returns are expected to increase less than the market. However, during the bear market, the loss of holding Agra Ventures is expected to be smaller as well. Please check Agra Ventures' total risk alpha, kurtosis, relative strength index, as well as the relationship between the potential upside and day median price , to make a quick decision on whether Agra Ventures' price patterns will revert.
Auto-correlation | -0.26 |
Weak reverse predictability
Agra Ventures has weak reverse predictability. Overlapping area represents the amount of predictability between Agra Ventures time series from 31st of May 2024 to 29th of August 2024 and 29th of August 2024 to 27th 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 Agra Ventures price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Agra Ventures price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Agra Ventures lagged returns against current returns
Autocorrelation, which is Agra Ventures 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 Agra Ventures' pink sheet expected returns. We can calculate the autocorrelation of Agra Ventures returns to help us make a trade decision. For example, suppose you find that Agra Ventures 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 |
Agra Ventures 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 Agra Ventures pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Agra Ventures pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Agra Ventures pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Agra Ventures Lagged Returns
When evaluating Agra Ventures' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Agra Ventures pink sheet have on its future price. Agra Ventures 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, Agra Ventures autocorrelation shows the relationship between Agra Ventures pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Agra Ventures.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Agra Pink Sheet
Agra Ventures financial ratios help investors to determine whether Agra Pink Sheet 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 Agra with respect to the benefits of owning Agra Ventures security.