NSC Groupe (France) Market Value
| ALNSC Stock | EUR 60.00 1.50 2.44% |
| Symbol | NSC |
NSC Groupe '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 NSC Groupe's 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 NSC Groupe.
| 05/04/2023 |
| 11/24/2024 |
If you would invest 0.00 in NSC Groupe on May 4, 2023 and sell it all today you would earn a total of 0.00 from holding NSC Groupe SA or generate 0.0% return on investment in NSC Groupe over 570 days. NSC Groupe is related to or competes with Soditech, Eutelsat Communications, Air France, CMG Cleantech, Credit Agricole, Axway Software, and X Fab. NSC Groupe SA produces and sells equipment for the textile, packaging, hydroelectricity, and foundry industries worldwid... More
NSC Groupe 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 NSC Groupe's 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 NSC Groupe SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 14.14 | |||
| Information Ratio | 0.0581 | |||
| Maximum Drawdown | 48.08 | |||
| Value At Risk | (10.40) | |||
| Potential Upside | 12.5 |
NSC Groupe Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NSC Groupe's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NSC Groupe's standard deviation. In reality, there are many statistical measures that can use NSC Groupe historical prices to predict the future NSC Groupe's volatility.| Risk Adjusted Performance | 0.0675 | |||
| Jensen Alpha | 0.6119 | |||
| Total Risk Alpha | (0.59) | |||
| Sortino Ratio | 0.0294 | |||
| Treynor Ratio | (0.86) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NSC Groupe'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.
NSC Groupe SA Backtested Returns
NSC Groupe appears to be not too volatile, given 3 months investment horizon. NSC Groupe SA retains Efficiency (Sharpe Ratio) of 0.0764, which conveys that the firm had a 0.0764% return per unit of risk over the last 3 months. By analyzing NSC Groupe's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please exercise NSC Groupe's Semi Deviation of 6.08, mean deviation of 3.83, and Market Risk Adjusted Performance of (0.85) to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, NSC Groupe holds a performance score of 6. The company owns a Beta (Systematic Risk) of -0.62, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning NSC Groupe are expected to decrease at a much lower rate. During the bear market, NSC Groupe is likely to outperform the market. Please check NSC Groupe's value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to make a quick decision on whether NSC Groupe's current price history will revert.
Auto-correlation | -0.19 |
Insignificant reverse predictability
NSC Groupe SA has insignificant reverse predictability. Overlapping area represents the amount of predictability between NSC Groupe time series from 4th of May 2023 to 13th of February 2024 and 13th of February 2024 to 24th 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 NSC Groupe SA price movement. The serial correlation of -0.19 indicates that over 19.0% of current NSC Groupe price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 36.97 |
NSC Groupe SA lagged returns against current returns
Autocorrelation, which is NSC Groupe 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 NSC Groupe's stock expected returns. We can calculate the autocorrelation of NSC Groupe returns to help us make a trade decision. For example, suppose you find that NSC Groupe 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 |
NSC Groupe 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 NSC Groupe stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NSC Groupe stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NSC Groupe stock over time.
Current vs Lagged Prices |
| Timeline |
NSC Groupe Lagged Returns
When evaluating NSC Groupe's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NSC Groupe stock have on its future price. NSC Groupe 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, NSC Groupe autocorrelation shows the relationship between NSC Groupe stock current value and its past values and can show if there is a momentum factor associated with investing in NSC Groupe SA.
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 NSC Stock Analysis
When running NSC Groupe's price analysis, check to measure NSC Groupe'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 NSC Groupe is operating at the current time. Most of NSC Groupe's value examination focuses on studying past and present price action to predict the probability of NSC Groupe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NSC Groupe's price. Additionally, you may evaluate how the addition of NSC Groupe to your portfolios can decrease your overall portfolio volatility.