Agriculture Printing (Vietnam) Market Value
| INN Stock | 54,800 800.00 1.48% |
| Symbol | Agriculture |
Agriculture Printing '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 Agriculture Printing'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 Agriculture Printing.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Agriculture Printing on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Agriculture Printing and or generate 0.0% return on investment in Agriculture Printing over 30 days. Agriculture Printing is related to or competes with FIT INVEST, Damsan JSC, An Phat, Alphanam, APG Securities, Binhthuan Agriculture, and Mekong Fisheries. More
Agriculture Printing 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 Agriculture Printing'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 Agriculture Printing and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.99 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 9.38 | |||
| Value At Risk | (1.82) | |||
| Potential Upside | 2.26 |
Agriculture Printing Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Agriculture Printing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Agriculture Printing's standard deviation. In reality, there are many statistical measures that can use Agriculture Printing historical prices to predict the future Agriculture Printing's volatility.| Risk Adjusted Performance | 0.0162 | |||
| Jensen Alpha | 3.0E-4 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.1311 |
Agriculture Printing and Backtested Returns
Agriculture Printing and secures Sharpe Ratio (or Efficiency) of -0.0152, which signifies that the company had a -0.0152% return per unit of risk over the last 3 months. Agriculture Printing and exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Agriculture Printing's Risk Adjusted Performance of 0.0162, mean deviation of 0.9422, and Downside Deviation of 1.99 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0909, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Agriculture Printing's returns are expected to increase less than the market. However, during the bear market, the loss of holding Agriculture Printing is expected to be smaller as well. At this point, Agriculture Printing and has a negative expected return of -0.0229%. Please make sure to confirm Agriculture Printing's maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to decide if Agriculture Printing and performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.25 |
Poor predictability
Agriculture Printing and has poor predictability. Overlapping area represents the amount of predictability between Agriculture Printing time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Agriculture Printing and price movement. The serial correlation of 0.25 indicates that over 25.0% of current Agriculture Printing price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 430.4 K |
Agriculture Printing and lagged returns against current returns
Autocorrelation, which is Agriculture Printing 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 Agriculture Printing's stock expected returns. We can calculate the autocorrelation of Agriculture Printing returns to help us make a trade decision. For example, suppose you find that Agriculture Printing 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 |
| Timeline |
Agriculture Printing 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 Agriculture Printing stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Agriculture Printing stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Agriculture Printing stock over time.
Current vs Lagged Prices |
| Timeline |
Agriculture Printing Lagged Returns
When evaluating Agriculture Printing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Agriculture Printing stock have on its future price. Agriculture Printing 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, Agriculture Printing autocorrelation shows the relationship between Agriculture Printing stock current value and its past values and can show if there is a momentum factor associated with investing in Agriculture Printing and.
Regressed Prices |
| Timeline |
Pair Trading with Agriculture Printing
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Agriculture Printing position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Agriculture Printing will appreciate offsetting losses from the drop in the long position's value.Moving against Agriculture Stock
The ability to find closely correlated positions to Agriculture Printing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agriculture Printing when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Agriculture Printing - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Agriculture Printing and to buy it.
The correlation of Agriculture Printing is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Agriculture Printing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agriculture Printing and moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Agriculture Printing can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Agriculture Stock
Agriculture Printing financial ratios help investors to determine whether Agriculture Stock 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 Agriculture with respect to the benefits of owning Agriculture Printing security.