Nuheara Limited Stock Market Value
| NUHRF Stock | USD 0.06 0.00 0.00% |
| Symbol | Nuheara |
Nuheara '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 Nuheara'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 Nuheara.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Nuheara on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Nuheara Limited or generate 0.0% return on investment in Nuheara over 30 days. Nuheara is related to or competes with LG Display, Sonos, Vizio Holding, Sharp Corp, Apple, Universal Electronics, and VOXX International. Nuheara Limited, a wearables technology company, engages in the development and commercialization of hearing technology ... More
Nuheara 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 Nuheara'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 Nuheara Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1174 | |||
| Maximum Drawdown | 97.25 |
Nuheara Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuheara's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuheara's standard deviation. In reality, there are many statistical measures that can use Nuheara historical prices to predict the future Nuheara's volatility.| Risk Adjusted Performance | 0.0856 | |||
| Jensen Alpha | 1.3 | |||
| Total Risk Alpha | 0.3286 | |||
| Treynor Ratio | 0.5338 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nuheara'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.
Nuheara Limited Backtested Returns
Nuheara is out of control given 3 months investment horizon. Nuheara Limited has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. We were able to interpolate data for seventeen different technical indicators, which can help you to evaluate if expected returns of 1.57% are justified by taking the suggested risk. Use Nuheara Limited Mean Deviation of 2.9, risk adjusted performance of 0.0856, and Standard Deviation of 11.97 to evaluate company specific risk that cannot be diversified away. Nuheara holds a performance score of 9 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 2.74, 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, Nuheara will likely underperform. Use Nuheara Limited standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and day median price , to analyze future returns on Nuheara Limited.
Auto-correlation | 0.00 |
No correlation between past and present
Nuheara Limited has no correlation between past and present. Overlapping area represents the amount of predictability between Nuheara time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 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 Nuheara Limited price movement. The serial correlation of 0.0 indicates that just 0.0% of current Nuheara price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Nuheara Limited lagged returns against current returns
Autocorrelation, which is Nuheara 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 Nuheara's pink sheet expected returns. We can calculate the autocorrelation of Nuheara returns to help us make a trade decision. For example, suppose you find that Nuheara 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 |
Nuheara 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 Nuheara pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuheara pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nuheara pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Nuheara Lagged Returns
When evaluating Nuheara's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuheara pink sheet have on its future price. Nuheara 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, Nuheara autocorrelation shows the relationship between Nuheara pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Nuheara Limited.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Nuheara Correlation, Nuheara Volatility and Nuheara Alpha and Beta module to complement your research on Nuheara. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Nuheara Pink Sheet analysis
When running Nuheara's price analysis, check to measure Nuheara'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 Nuheara is operating at the current time. Most of Nuheara's value examination focuses on studying past and present price action to predict the probability of Nuheara's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nuheara's price. Additionally, you may evaluate how the addition of Nuheara to your portfolios can decrease your overall portfolio volatility.
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |
Nuheara technical pink sheet 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, pink sheet market cycles, or different charting patterns.