Agriforce Growing Systems Stock Market Value
| AGRI Stock | USD 0.04 0 4.02% |
| Symbol | AgriFORCE |
AgriFORCE Growing Systems Price To Book Ratio
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AgriFORCE Growing. If investors know AgriFORCE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AgriFORCE Growing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.78) | Revenue Per Share 0.005 | Return On Assets (0.21) | Return On Equity (1.62) |
The market value of AgriFORCE Growing Systems is measured differently than its book value, which is the value of AgriFORCE that is recorded on the company's balance sheet. Investors also form their own opinion of AgriFORCE Growing's value that differs from its market value or its book value, called intrinsic value, which is AgriFORCE Growing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AgriFORCE Growing's market value can be influenced by many factors that don't directly affect AgriFORCE Growing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AgriFORCE Growing's value and its price as these two are different measures arrived at by different means. Investors typically determine if AgriFORCE Growing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AgriFORCE Growing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
AgriFORCE Growing '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 AgriFORCE Growing's 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 AgriFORCE Growing.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in AgriFORCE Growing on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding AgriFORCE Growing Systems or generate 0.0% return on investment in AgriFORCE Growing over 30 days. AgriFORCE Growing is related to or competes with Limoneira, Forafric Global, Australian Agricultural, and Village Farms. AgriFORCE Growing Systems Ltd., an agriculture-focused technology company, focuses on the development and commercializat... More
AgriFORCE Growing 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 AgriFORCE Growing's 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 AgriFORCE Growing Systems upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 37.62 | |||
| Value At Risk | (9.75) | |||
| Potential Upside | 9.04 |
AgriFORCE Growing Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AgriFORCE Growing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AgriFORCE Growing's standard deviation. In reality, there are many statistical measures that can use AgriFORCE Growing historical prices to predict the future AgriFORCE Growing's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.60) | |||
| Total Risk Alpha | (1.34) | |||
| Treynor Ratio | (0.99) |
AgriFORCE Growing Systems Backtested Returns
AgriFORCE Growing Systems secures Sharpe Ratio (or Efficiency) of -0.0997, which signifies that the company had a -0.0997% return per unit of risk over the last 3 months. AgriFORCE Growing Systems exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AgriFORCE Growing's Mean Deviation of 4.21, risk adjusted performance of (0.06), and Standard Deviation of 6.13 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.55, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AgriFORCE Growing's returns are expected to increase less than the market. However, during the bear market, the loss of holding AgriFORCE Growing is expected to be smaller as well. At this point, AgriFORCE Growing Systems has a negative expected return of -0.62%. Please make sure to confirm AgriFORCE Growing's potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if AgriFORCE Growing Systems performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.93 |
Excellent predictability
AgriFORCE Growing Systems has excellent predictability. Overlapping area represents the amount of predictability between AgriFORCE Growing time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 AgriFORCE Growing Systems price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current AgriFORCE Growing price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
AgriFORCE Growing Systems lagged returns against current returns
Autocorrelation, which is AgriFORCE Growing 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 AgriFORCE Growing's stock expected returns. We can calculate the autocorrelation of AgriFORCE Growing returns to help us make a trade decision. For example, suppose you find that AgriFORCE Growing has exhibited high autocorrelation historically, and you observe that the 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 |
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AgriFORCE Growing 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 AgriFORCE Growing stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AgriFORCE Growing stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AgriFORCE Growing stock over time.
Current vs Lagged Prices |
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AgriFORCE Growing Lagged Returns
When evaluating AgriFORCE Growing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AgriFORCE Growing stock have on its future price. AgriFORCE Growing 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, AgriFORCE Growing autocorrelation shows the relationship between AgriFORCE Growing stock current value and its past values and can show if there is a momentum factor associated with investing in AgriFORCE Growing Systems.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether AgriFORCE Growing Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AgriFORCE Growing's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Agriforce Growing Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agriforce Growing Systems Stock:Check out AgriFORCE Growing Correlation, AgriFORCE Growing Volatility and AgriFORCE Growing Alpha and Beta module to complement your research on AgriFORCE Growing. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
AgriFORCE Growing technical stock 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, stock market cycles, or different charting patterns.