Noho Inc Stock Market Value
| DRNK Stock | USD 0.0002 0.00 0.00% |
| Symbol | NOHO |
NOHO '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 NOHO'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 NOHO.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in NOHO on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding NOHO Inc or generate 0.0% return on investment in NOHO over 510 days. NOHO is related to or competes with National Beverage, Vita Coco, and Hill Street. The company provides The NOHO Supershot energy drink to cure hangovers More
NOHO 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 NOHO'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 NOHO Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 41.94 | |||
| Information Ratio | 0.076 | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 50.0 |
NOHO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NOHO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NOHO's standard deviation. In reality, there are many statistical measures that can use NOHO historical prices to predict the future NOHO's volatility.| Risk Adjusted Performance | 0.0717 | |||
| Jensen Alpha | 1.58 | |||
| Total Risk Alpha | (1.85) | |||
| Sortino Ratio | 0.0451 | |||
| Treynor Ratio | 0.5498 |
NOHO Inc Backtested Returns
NOHO is out of control given 3 months investment horizon. NOHO Inc has Sharpe Ratio of 0.083, which conveys that the firm had a 0.083% return per unit of volatility over the last 3 months. We were able to interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 2.12% are justified by taking the suggested risk. Use NOHO Inc risk adjusted performance of 0.0717, and Mean Deviation of 11.75 to evaluate company specific risk that cannot be diversified away. NOHO holds a performance score of 6 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 3.66, which conveys 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, NOHO will likely underperform. Use NOHO Inc total risk alpha and the relationship between the potential upside and market facilitation index , to analyze future returns on NOHO Inc.
Auto-correlation | -0.09 |
Very weak reverse predictability
NOHO Inc has very weak reverse predictability. Overlapping area represents the amount of predictability between NOHO time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 NOHO Inc price movement. The serial correlation of -0.09 indicates that less than 9.0% of current NOHO price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
NOHO Inc lagged returns against current returns
Autocorrelation, which is NOHO 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 NOHO's pink sheet expected returns. We can calculate the autocorrelation of NOHO returns to help us make a trade decision. For example, suppose you find that NOHO 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 |
NOHO 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 NOHO pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NOHO pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NOHO pink sheet over time.
Current vs Lagged Prices |
| Timeline |
NOHO Lagged Returns
When evaluating NOHO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NOHO pink sheet have on its future price. NOHO 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, NOHO autocorrelation shows the relationship between NOHO pink sheet current value and its past values and can show if there is a momentum factor associated with investing in NOHO Inc.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectOther Information on Investing in NOHO Pink Sheet
NOHO financial ratios help investors to determine whether NOHO 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 NOHO with respect to the benefits of owning NOHO security.