Nouveau Life Pharmaceuticals Stock Market Value
| NOUV Stock | USD 0.0001 0.0001 50.00% |
| Symbol | Nouveau |
Nouveau Life '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 Nouveau Life'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 Nouveau Life.
| 02/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Nouveau Life on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Nouveau Life Pharmaceuticals or generate 0.0% return on investment in Nouveau Life over 270 days. Nouveau Life is related to or competes with Definitive Healthcare, Premier, Omnicell, Goodrx Holdings, Mitesco, EGF Theramed, and Scworx Corp. Nouveau Life Pharmaceuticals, Inc., a development stage company, engages in the development of nutraceuticals products More
Nouveau Life 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 Nouveau Life'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 Nouveau Life Pharmaceuticals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 54.01 | |||
| Information Ratio | 0.1066 | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (50.00) | |||
| Potential Upside | 100.0 |
Nouveau Life Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nouveau Life's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nouveau Life's standard deviation. In reality, there are many statistical measures that can use Nouveau Life historical prices to predict the future Nouveau Life's volatility.| Risk Adjusted Performance | 0.0944 | |||
| Jensen Alpha | 3.73 | |||
| Total Risk Alpha | (1.63) | |||
| Sortino Ratio | 0.0677 | |||
| Treynor Ratio | 9.6 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nouveau Life's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Nouveau Life Pharmac Backtested Returns
Nouveau Life is out of control given 3 months investment horizon. Nouveau Life Pharmac has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We are able to break down and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 14.84% are justified by taking the suggested risk. Use Nouveau Life Pharmac Mean Deviation of 17.49, downside deviation of 54.01, and Risk Adjusted Performance of 0.0944 to evaluate company specific risk that cannot be diversified away. Nouveau Life holds a performance score of 8 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 0.39, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nouveau Life's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nouveau Life is expected to be smaller as well. Use Nouveau Life Pharmac sortino ratio, semi variance, as well as the relationship between the Semi Variance and day median price , to analyze future returns on Nouveau Life Pharmac.
Auto-correlation | 0.05 |
Virtually no predictability
Nouveau Life Pharmaceuticals has virtually no predictability. Overlapping area represents the amount of predictability between Nouveau Life time series from 27th of February 2024 to 11th of July 2024 and 11th of July 2024 to 23rd 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 Nouveau Life Pharmac price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Nouveau Life price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Nouveau Life Pharmac lagged returns against current returns
Autocorrelation, which is Nouveau Life 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 Nouveau Life's pink sheet expected returns. We can calculate the autocorrelation of Nouveau Life returns to help us make a trade decision. For example, suppose you find that Nouveau Life 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 |
Nouveau Life 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 Nouveau Life pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nouveau Life pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nouveau Life pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Nouveau Life Lagged Returns
When evaluating Nouveau Life's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nouveau Life pink sheet have on its future price. Nouveau Life 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, Nouveau Life autocorrelation shows the relationship between Nouveau Life pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Nouveau Life Pharmaceuticals.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Nouveau Pink Sheet Analysis
When running Nouveau Life's price analysis, check to measure Nouveau Life's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nouveau Life is operating at the current time. Most of Nouveau Life's value examination focuses on studying past and present price action to predict the probability of Nouveau Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nouveau Life's price. Additionally, you may evaluate how the addition of Nouveau Life to your portfolios can decrease your overall portfolio volatility.