New Asia Holdings Stock Market Value
| NAHD Stock | USD 0.01 0.01 37.50% |
| Symbol | New |
New Asia '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 New Asia'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 New Asia.
| 11/02/2024 |
| 01/31/2025 |
If you would invest 0.00 in New Asia on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding New Asia Holdings or generate 0.0% return on investment in New Asia over 90 days. New Asia is related to or competes with Research Solutions, Red Violet, Meridianlink, PDF Solutions, MoneyLion, Porch, and Nerdy. New Asia Holdings, Inc. develops and provides neural trading models for the financial community More
New Asia 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 New Asia'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 New Asia Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 50.61 | |||
| Information Ratio | 0.0471 | |||
| Maximum Drawdown | 432.55 | |||
| Value At Risk | (37.50) |
New Asia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for New Asia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as New Asia's standard deviation. In reality, there are many statistical measures that can use New Asia historical prices to predict the future New Asia's volatility.| Risk Adjusted Performance | 0.0508 | |||
| Jensen Alpha | 2.6 | |||
| Total Risk Alpha | (3.01) | |||
| Sortino Ratio | 0.0476 | |||
| Treynor Ratio | (2.25) |
New Asia Holdings Backtested Returns
New Asia is out of control given 3 months investment horizon. New Asia Holdings has Sharpe Ratio of 0.049, which conveys that the firm had a 0.049 % return per unit of risk over the last 3 months. We have analyze and collected data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 2.51% are justified by taking the suggested risk. Use New Asia Holdings Downside Deviation of 50.61, mean deviation of 15.48, and Risk Adjusted Performance of 0.0508 to evaluate company specific risk that cannot be diversified away. New Asia holds a performance score of 3 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -1.11, which conveys a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning New Asia are expected to decrease slowly. On the other hand, during market turmoil, New Asia is expected to outperform it slightly. Use New Asia Holdings value at risk, daily balance of power, relative strength index, as well as the relationship between the expected short fall and day typical price , to analyze future returns on New Asia Holdings.
Auto-correlation | 0.40 |
Average predictability
New Asia Holdings has average predictability. Overlapping area represents the amount of predictability between New Asia time series from 2nd of November 2024 to 17th of December 2024 and 17th of December 2024 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of New Asia Holdings price movement. The serial correlation of 0.4 indicates that just about 40.0% of current New Asia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
New Asia Holdings lagged returns against current returns
Autocorrelation, which is New Asia 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 New Asia's pink sheet expected returns. We can calculate the autocorrelation of New Asia returns to help us make a trade decision. For example, suppose you find that New Asia 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 |
New Asia 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 New Asia pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if New Asia pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in New Asia pink sheet over time.
Current vs Lagged Prices |
| Timeline |
New Asia Lagged Returns
When evaluating New Asia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of New Asia pink sheet have on its future price. New Asia 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, New Asia autocorrelation shows the relationship between New Asia pink sheet current value and its past values and can show if there is a momentum factor associated with investing in New Asia Holdings.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in New Pink Sheet
New Asia financial ratios help investors to determine whether New 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 New with respect to the benefits of owning New Asia security.