Magnora Asa Stock Market Value

Symbol

Magnora

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 Magnora ASA'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 Magnora ASA.

Magnora ASA Upside/Downside Indicators

Magnora ASA Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Magnora ASA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Magnora ASA's standard deviation. In reality, there are many statistical measures that can use Magnora ASA historical prices to predict the future Magnora ASA's volatility.

Autocorrelation, which is Magnora ASA 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 Magnora ASA's pink sheet expected returns. We can calculate the autocorrelation of Magnora ASA returns to help us make a trade decision. For example, suppose you find that Magnora ASA 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.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Magnora ASA pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Magnora ASA pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Magnora ASA pink sheet over time.

When evaluating Magnora ASA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Magnora ASA pink sheet have on its future price. Magnora ASA 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, Magnora ASA autocorrelation shows the relationship between Magnora ASA pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Magnora ASA.

Magnora ASA financial ratios help investors to determine whether Magnora 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 Magnora with respect to the benefits of owning Magnora ASA security.