Yara International Asa Stock Market Value
| YARIY Stock | USD 14.11 0.16 1.15% |
| Symbol | Yara |
Yara International '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 Yara International'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 Yara International.
| 08/30/2024 |
| 11/28/2024 |
If you would invest 0.00 in Yara International on August 30, 2024 and sell it all today you would earn a total of 0.00 from holding Yara International ASA or generate 0.0% return on investment in Yara International over 90 days. Yara International is related to or competes with Nutrien, Origin Agritech, American Vanguard, Scotts Miracle, FMC, Intrepid Potash, and CF Industries. Yara International ASA provides environmental and industrial solutions in Norway, European Union, Europe, Africa, Asia, ... More
Yara International 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 Yara International'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 Yara International ASA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 10.22 | |||
| Value At Risk | (2.24) | |||
| Potential Upside | 2.65 |
Yara International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yara International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yara International's standard deviation. In reality, there are many statistical measures that can use Yara International historical prices to predict the future Yara International's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | 0.6181 |
Yara International ASA Backtested Returns
Yara International ASA shows Sharpe Ratio of -0.018, which attests that the company had a -0.018% return per unit of risk over the last 3 months. Yara International ASA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Yara International's Market Risk Adjusted Performance of 0.6281, mean deviation of 1.17, and Standard Deviation of 1.64 to validate the risk estimate we provide. The firm maintains a market beta of -0.0639, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Yara International are expected to decrease at a much lower rate. During the bear market, Yara International is likely to outperform the market. At this point, Yara International ASA has a negative expected return of -0.0295%. Please make sure to check out Yara International's value at risk, rate of daily change, as well as the relationship between the Rate Of Daily Change and relative strength index , to decide if Yara International ASA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.82 |
Excellent reverse predictability
Yara International ASA has excellent reverse predictability. Overlapping area represents the amount of predictability between Yara International time series from 30th of August 2024 to 14th of October 2024 and 14th of October 2024 to 28th 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 Yara International ASA price movement. The serial correlation of -0.82 indicates that around 82.0% of current Yara International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.82 | |
| Spearman Rank Test | -0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
Yara International ASA lagged returns against current returns
Autocorrelation, which is Yara International 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 Yara International's pink sheet expected returns. We can calculate the autocorrelation of Yara International returns to help us make a trade decision. For example, suppose you find that Yara International 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 |
Yara International 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 Yara International pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yara International pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yara International pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Yara International Lagged Returns
When evaluating Yara International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yara International pink sheet have on its future price. Yara International 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, Yara International autocorrelation shows the relationship between Yara International pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Yara International ASA.
Regressed Prices |
| Timeline |
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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.Additional Tools for Yara Pink Sheet Analysis
When running Yara International's price analysis, check to measure Yara International'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 Yara International is operating at the current time. Most of Yara International's value examination focuses on studying past and present price action to predict the probability of Yara International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yara International's price. Additionally, you may evaluate how the addition of Yara International to your portfolios can decrease your overall portfolio volatility.