Nexus Real Estate Stock Market Value
| EFRTF Stock | USD 5.70 0.04 0.70% |
| Symbol | Nexus |
Nexus Real '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 Nexus Real'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 Nexus Real.
| 08/25/2024 |
| 11/23/2024 |
If you would invest 0.00 in Nexus Real on August 25, 2024 and sell it all today you would earn a total of 0.00 from holding Nexus Real Estate or generate 0.0% return on investment in Nexus Real over 90 days. Nexus Real is related to or competes with Smart REIT, Phillips Edison, Simon Property, Plaza Retail, Inventrust Properties, Site Centers, and Kite Realty. Nexus is a growth oriented real estate investment trust focused on increasing unitholder value through the acquisition, ... More
Nexus Real 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 Nexus Real'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 Nexus Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.87 | |||
| Information Ratio | 0.0092 | |||
| Maximum Drawdown | 7.77 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 2.93 |
Nexus Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nexus Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nexus Real's standard deviation. In reality, there are many statistical measures that can use Nexus Real historical prices to predict the future Nexus Real's volatility.| Risk Adjusted Performance | 0.0776 | |||
| Jensen Alpha | 0.1622 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0075 | |||
| Treynor Ratio | (0.60) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nexus Real'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.
Nexus Real Estate Backtested Returns
Nexus Real Estate has Sharpe Ratio of -0.0401, which conveys that the firm had a -0.0401% return per unit of risk over the last 3 months. Nexus Real exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nexus Real's Downside Deviation of 1.87, mean deviation of 1.1, and Risk Adjusted Performance of 0.0776 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.23, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nexus Real are expected to decrease at a much lower rate. During the bear market, Nexus Real is likely to outperform the market. At this point, Nexus Real Estate has a negative expected return of -0.057%. Please make sure to verify Nexus Real's skewness, and the relationship between the potential upside and day median price , to decide if Nexus Real Estate performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.5 |
Modest reverse predictability
Nexus Real Estate has modest reverse predictability. Overlapping area represents the amount of predictability between Nexus Real time series from 25th of August 2024 to 9th of October 2024 and 9th of October 2024 to 23rd 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 Nexus Real Estate price movement. The serial correlation of -0.5 indicates that about 50.0% of current Nexus Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Nexus Real Estate lagged returns against current returns
Autocorrelation, which is Nexus Real 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 Nexus Real's pink sheet expected returns. We can calculate the autocorrelation of Nexus Real returns to help us make a trade decision. For example, suppose you find that Nexus Real 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 |
Nexus Real 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 Nexus Real pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nexus Real pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nexus Real pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Nexus Real Lagged Returns
When evaluating Nexus Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nexus Real pink sheet have on its future price. Nexus Real 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, Nexus Real autocorrelation shows the relationship between Nexus Real pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Nexus Real Estate.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Nexus Pink Sheet
Nexus Real financial ratios help investors to determine whether Nexus 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 Nexus with respect to the benefits of owning Nexus Real security.