Good Natured Products Stock Market Value
| GDNPF Stock | USD 0.01 0.0004 7.41% |
| Symbol | Good |
Good Natured '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 Good Natured'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 Good Natured.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Good Natured on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding good natured Products or generate 0.0% return on investment in Good Natured over 30 days. Good Natured is related to or competes with Imaflex, Karat Packaging, DSS, Myers Industries, O I, Pactiv Evergreen, and Greif Bros. good natured Products Inc., together with its subsidiaries, designs, produces, and distributes bioplastics for use in pa... More
Good Natured 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 Good Natured'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 good natured Products upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 21.39 | |||
| Information Ratio | 0.0901 | |||
| Maximum Drawdown | 86.17 | |||
| Value At Risk | (24.00) | |||
| Potential Upside | 33.33 |
Good Natured Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Good Natured's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Good Natured's standard deviation. In reality, there are many statistical measures that can use Good Natured historical prices to predict the future Good Natured's volatility.| Risk Adjusted Performance | 0.0845 | |||
| Jensen Alpha | 1.38 | |||
| Total Risk Alpha | (0.93) | |||
| Sortino Ratio | 0.0679 | |||
| Treynor Ratio | 0.993 |
good natured Products Backtested Returns
Good Natured is out of control given 3 months investment horizon. good natured Products holds Efficiency (Sharpe) Ratio of 0.0779, which attests that the entity had a 0.0779% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.27% are justified by taking the suggested risk. Use good natured Products Market Risk Adjusted Performance of 1.0, risk adjusted performance of 0.0845, and Downside Deviation of 21.39 to evaluate company specific risk that cannot be diversified away. Good Natured holds a performance score of 6 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 1.58, which attests to 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, Good Natured will likely underperform. Use good natured Products treynor ratio and the relationship between the downside variance and day typical price , to analyze future returns on good natured Products.
Auto-correlation | 0.00 |
No correlation between past and present
good natured Products has no correlation between past and present. Overlapping area represents the amount of predictability between Good Natured time series from 28th of October 2024 to 12th of November 2024 and 12th of November 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 good natured Products price movement. The serial correlation of 0.0 indicates that just 0.0% of current Good Natured price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.91 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
good natured Products lagged returns against current returns
Autocorrelation, which is Good Natured 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 Good Natured's pink sheet expected returns. We can calculate the autocorrelation of Good Natured returns to help us make a trade decision. For example, suppose you find that Good Natured 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 |
Good Natured 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 Good Natured pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Good Natured pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Good Natured pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Good Natured Lagged Returns
When evaluating Good Natured's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Good Natured pink sheet have on its future price. Good Natured 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, Good Natured autocorrelation shows the relationship between Good Natured pink sheet current value and its past values and can show if there is a momentum factor associated with investing in good natured Products.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Good Pink Sheet
Good Natured financial ratios help investors to determine whether Good 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 Good with respect to the benefits of owning Good Natured security.