Natures Miracle Holding Stock Market Value
| NMHI Stock | 2.31 0.11 5.00% |
| Symbol | Natures |
Natures Miracle Holding Price To Book Ratio
Is Agricultural & Farm Machinery 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 Natures Miracle. If investors know Natures 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 Natures Miracle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.39) | Revenue Per Share 0.409 | Quarterly Revenue Growth 0.752 | Return On Assets (0.25) |
The market value of Natures Miracle Holding is measured differently than its book value, which is the value of Natures that is recorded on the company's balance sheet. Investors also form their own opinion of Natures Miracle's value that differs from its market value or its book value, called intrinsic value, which is Natures Miracle'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 Natures Miracle's market value can be influenced by many factors that don't directly affect Natures Miracle'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 Natures Miracle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Natures Miracle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Natures Miracle'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.
Natures Miracle '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 Natures Miracle'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 Natures Miracle.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Natures Miracle on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Natures Miracle Holding or generate 0.0% return on investment in Natures Miracle over 720 days. Natures Miracle is related to or competes with Barnes, Babcock Wilcox, Crane, Hillenbrand, Ingersoll Rand, Parker Hannifin, and Richtech Robotics. Natures Miracle is entity of United States More
Natures Miracle 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 Natures Miracle'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 Natures Miracle Holding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 86.24 | |||
| Value At Risk | (14.16) | |||
| Potential Upside | 18.07 |
Natures Miracle Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Natures Miracle's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Natures Miracle's standard deviation. In reality, there are many statistical measures that can use Natures Miracle historical prices to predict the future Natures Miracle's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.64) | |||
| Total Risk Alpha | (2.57) | |||
| Treynor Ratio | (0.10) |
Natures Miracle Holding Backtested Returns
Natures Miracle Holding has Sharpe Ratio of -0.0276, which conveys that the firm had a -0.0276% return per unit of risk over the last 3 months. Natures Miracle exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Natures Miracle's Standard Deviation of 14.44, risk adjusted performance of (0.01), and Mean Deviation of 8.2 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 2.88, 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, Natures Miracle will likely underperform. At this point, Natures Miracle Holding has a negative expected return of -0.4%. Please make sure to verify Natures Miracle's kurtosis, as well as the relationship between the day median price and period momentum indicator , to decide if Natures Miracle Holding performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.81 |
Excellent reverse predictability
Natures Miracle Holding has excellent reverse predictability. Overlapping area represents the amount of predictability between Natures Miracle time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th 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 Natures Miracle Holding price movement. The serial correlation of -0.81 indicates that around 81.0% of current Natures Miracle price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.96 | |
| Residual Average | 0.0 | |
| Price Variance | 16.1 K |
Natures Miracle Holding lagged returns against current returns
Autocorrelation, which is Natures Miracle 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 Natures Miracle's stock expected returns. We can calculate the autocorrelation of Natures Miracle returns to help us make a trade decision. For example, suppose you find that Natures Miracle 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 |
Natures Miracle 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 Natures Miracle stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Natures Miracle stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Natures Miracle stock over time.
Current vs Lagged Prices |
| Timeline |
Natures Miracle Lagged Returns
When evaluating Natures Miracle's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Natures Miracle stock have on its future price. Natures Miracle 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, Natures Miracle autocorrelation shows the relationship between Natures Miracle stock current value and its past values and can show if there is a momentum factor associated with investing in Natures Miracle Holding.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Natures Miracle Holding is a strong investment it is important to analyze Natures Miracle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Natures Miracle's future performance. For an informed investment choice regarding Natures Stock, refer to the following important reports:Check out Natures Miracle Correlation, Natures Miracle Volatility and Natures Miracle Alpha and Beta module to complement your research on Natures Miracle. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Natures Miracle 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.