Nippon Life (India) Market Value

NAM-INDIA   524.45  13.30  2.47%   
Nippon Life's market value is the price at which a share of Nippon Life trades on a public exchange. It measures the collective expectations of Nippon Life India investors about its performance. Nippon Life is trading at 524.45 as of the 28th of February 2025, a 2.47 percent decrease since the beginning of the trading day. The stock's lowest day price was 520.05.
With this module, you can estimate the performance of a buy and hold strategy of Nippon Life India and determine expected loss or profit from investing in Nippon Life over a given investment horizon. Check out Nippon Life Correlation, Nippon Life Volatility and Nippon Life Alpha and Beta module to complement your research on Nippon Life.
Symbol

Please note, there is a significant difference between Nippon Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nippon Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nippon Life's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Nippon Life '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 Nippon Life'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 Nippon Life.
0.00
01/29/2025
No Change 0.00  0.0 
In 30 days
02/28/2025
0.00
If you would invest  0.00  in Nippon Life on January 29, 2025 and sell it all today you would earn a total of 0.00 from holding Nippon Life India or generate 0.0% return on investment in Nippon Life over 30 days. Nippon Life is related to or competes with Bharat Road, AU Small, Bank of Maharashtra, LT Technology, IdeaForge Technology, RBL Bank, and Transportof India. Nippon Life is entity of India. It is traded as Stock on NSE exchange. More

Nippon Life 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 Nippon Life'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 Nippon Life India upside and downside potential and time the market with a certain degree of confidence.

Nippon Life Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Nippon Life's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nippon Life's standard deviation. In reality, there are many statistical measures that can use Nippon Life historical prices to predict the future Nippon Life's volatility.
Hype
Prediction
LowEstimatedHigh
521.37524.45527.53
Details
Intrinsic
Valuation
LowRealHigh
494.44497.52576.90
Details
Naive
Forecast
LowNextHigh
531.08534.16537.24
Details
Earnings
Estimates (0)
LowProjected EPSHigh
5.175.175.42
Details

Nippon Life India Backtested Returns

Nippon Life India has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12 % return per unit of risk over the last 3 months. Nippon Life exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nippon Life's Standard Deviation of 2.98, risk adjusted performance of (0.09), and Mean Deviation of 2.14 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.05, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nippon Life are expected to decrease at a much lower rate. During the bear market, Nippon Life is likely to outperform the market. At this point, Nippon Life India has a negative expected return of -0.37%. Please make sure to verify Nippon Life's accumulation distribution, day typical price, and the relationship between the skewness and rate of daily change , to decide if Nippon Life India performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.28  

Poor predictability

Nippon Life India has poor predictability. Overlapping area represents the amount of predictability between Nippon Life time series from 29th of January 2025 to 13th of February 2025 and 13th of February 2025 to 28th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nippon Life India price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Nippon Life price fluctuation can be explain by its past prices.
Correlation Coefficient0.28
Spearman Rank Test0.32
Residual Average0.0
Price Variance111.1
Nippon ReturnsNippon Lagged ReturnsDiversified AwayNippon ReturnsNippon Lagged ReturnsDiversified Away100%

Nippon Life India lagged returns against current returns

Autocorrelation, which is Nippon Life 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 Nippon Life's stock expected returns. We can calculate the autocorrelation of Nippon Life returns to help us make a trade decision. For example, suppose you find that Nippon Life 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   
JavaScript chart by amCharts 3.21.15Feb 13Feb 15Feb 17Feb 19Feb 21Feb 23Feb 25Feb 27-6%-4%-2%0%2%4%6%8%10% 101001K
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
       Timeline  

Nippon Life 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 Nippon Life stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nippon Life stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nippon Life stock over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Feb 13Feb 15Feb 17Feb 19Feb 21Feb 23Feb 25Feb 27530540550560570580590
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
       Timeline  

Nippon Life Lagged Returns

When evaluating Nippon Life's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nippon Life stock have on its future price. Nippon Life 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, Nippon Life autocorrelation shows the relationship between Nippon Life stock current value and its past values and can show if there is a momentum factor associated with investing in Nippon Life India.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15Jan 29FebFeb 06Feb 10Feb 14Feb 18Feb 22Feb 26520540560580600620640
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       Timeline  

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Other Information on Investing in Nippon Stock

Nippon Life financial ratios help investors to determine whether Nippon Stock 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 Nippon with respect to the benefits of owning Nippon Life security.

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