Sanford Ltd Adr Stock Market Value
| SARDY Stock | USD 9.36 1.65 14.99% |
| Symbol | Sanford |
Sanford '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 Sanford'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 Sanford.
| 06/17/2022 |
| 06/06/2024 |
If you would invest 0.00 in Sanford on June 17, 2022 and sell it all today you would earn a total of 0.00 from holding Sanford Ltd ADR or generate 0.0% return on investment in Sanford over 720 days. Sanford is related to or competes with Avi, Aryzta AG, Artisan Consumer, and Premier Foods. Sanford Limited engages in farming, harvesting, processing, storing, and marketing of seafood products More
Sanford 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 Sanford'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 Sanford Ltd ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 15.87 | |||
| Value At Risk | (7.63) |
Sanford Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sanford's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sanford's standard deviation. In reality, there are many statistical measures that can use Sanford historical prices to predict the future Sanford's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.62) | |||
| Total Risk Alpha | (0.71) | |||
| Treynor Ratio | 3.42 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sanford'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.
Sanford Ltd ADR Backtested Returns
Sanford Ltd ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the firm had a -0.15% return per unit of risk over the last 3 months. Sanford Ltd ADR exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sanford's Risk Adjusted Performance of (0.11), coefficient of variation of (511.10), and Variance of 9.86 to confirm the risk estimate we provide. The entity has a beta of -0.18, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sanford are expected to decrease at a much lower rate. During the bear market, Sanford is likely to outperform the market. At this point, Sanford Ltd ADR has a negative expected return of -0.39%. Please make sure to validate Sanford's jensen alpha and rate of daily change , to decide if Sanford Ltd ADR performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.42 |
Average predictability
Sanford Ltd ADR has average predictability. Overlapping area represents the amount of predictability between Sanford time series from 17th of June 2022 to 12th of June 2023 and 12th of June 2023 to 6th of June 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 Sanford Ltd ADR price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Sanford price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 1.69 |
Sanford Ltd ADR lagged returns against current returns
Autocorrelation, which is Sanford 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 Sanford's pink sheet expected returns. We can calculate the autocorrelation of Sanford returns to help us make a trade decision. For example, suppose you find that Sanford 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 |
Sanford 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 Sanford pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sanford pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sanford pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Sanford Lagged Returns
When evaluating Sanford's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sanford pink sheet have on its future price. Sanford 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, Sanford autocorrelation shows the relationship between Sanford pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Sanford Ltd ADR.
Regressed Prices |
| Timeline |
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Additional Tools for Sanford Pink Sheet Analysis
When running Sanford's price analysis, check to measure Sanford'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 Sanford is operating at the current time. Most of Sanford's value examination focuses on studying past and present price action to predict the probability of Sanford's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sanford's price. Additionally, you may evaluate how the addition of Sanford to your portfolios can decrease your overall portfolio volatility.