Select Harvests (Australia) Market Value
| SHV Stock | 4.96 0.19 3.69% |
| Symbol | Select |
Select Harvests '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 Select Harvests' 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 Select Harvests.
| 01/05/2025 |
| 12/31/2025 |
If you would invest 0.00 in Select Harvests on January 5, 2025 and sell it all today you would earn a total of 0.00 from holding Select Harvests or generate 0.0% return on investment in Select Harvests over 360 days. Select Harvests is related to or competes with Westpac Banking, Treasury Wine, WT Financial, Marimaca Copper, Centaurus Metals, Revolution Private, and Catalyst Metals. Select Harvests is entity of Australia. It is traded as Stock on AU exchange. More
Select Harvests 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 Select Harvests' 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 Select Harvests upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.55 | |||
| Information Ratio | 0.1247 | |||
| Maximum Drawdown | 12.11 | |||
| Value At Risk | (3.69) | |||
| Potential Upside | 4.37 |
Select Harvests Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Select Harvests' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Select Harvests' standard deviation. In reality, there are many statistical measures that can use Select Harvests historical prices to predict the future Select Harvests' volatility.| Risk Adjusted Performance | 0.1173 | |||
| Jensen Alpha | 0.3558 | |||
| Total Risk Alpha | 0.1271 | |||
| Sortino Ratio | 0.1282 | |||
| Treynor Ratio | 0.6592 |
Select Harvests Backtested Returns
Select Harvests appears to be slightly risky, given 3 months investment horizon. Select Harvests owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Select Harvests, which you can use to evaluate the volatility of the company. Please review Select Harvests' Coefficient Of Variation of 639.49, semi deviation of 2.16, and Risk Adjusted Performance of 0.1173 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Select Harvests holds a performance score of 11. The entity has a beta of 0.61, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Select Harvests' returns are expected to increase less than the market. However, during the bear market, the loss of holding Select Harvests is expected to be smaller as well. Please check Select Harvests' sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Select Harvests' existing price patterns will revert.
Auto-correlation | -0.51 |
Good reverse predictability
Select Harvests has good reverse predictability. Overlapping area represents the amount of predictability between Select Harvests time series from 5th of January 2025 to 4th of July 2025 and 4th of July 2025 to 31st of December 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 Select Harvests price movement. The serial correlation of -0.51 indicates that about 51.0% of current Select Harvests price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
Select Harvests lagged returns against current returns
Autocorrelation, which is Select Harvests 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 Select Harvests' stock expected returns. We can calculate the autocorrelation of Select Harvests returns to help us make a trade decision. For example, suppose you find that Select Harvests 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 |
Select Harvests 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 Select Harvests stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Select Harvests stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Select Harvests stock over time.
Current vs Lagged Prices |
| Timeline |
Select Harvests Lagged Returns
When evaluating Select Harvests' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Select Harvests stock have on its future price. Select Harvests 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, Select Harvests autocorrelation shows the relationship between Select Harvests stock current value and its past values and can show if there is a momentum factor associated with investing in Select Harvests.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Select Stock Analysis
When running Select Harvests' price analysis, check to measure Select Harvests' 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 Select Harvests is operating at the current time. Most of Select Harvests' value examination focuses on studying past and present price action to predict the probability of Select Harvests' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Select Harvests' price. Additionally, you may evaluate how the addition of Select Harvests to your portfolios can decrease your overall portfolio volatility.