Nippon Active (UK) Market Value
| NAVF Stock | 188.00 2.00 1.05% |
| Symbol | Nippon |
Nippon Active '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 Active'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 Active.
| 12/24/2023 |
| 12/18/2024 |
If you would invest 0.00 in Nippon Active on December 24, 2023 and sell it all today you would earn a total of 0.00 from holding Nippon Active Value or generate 0.0% return on investment in Nippon Active over 360 days. Nippon Active is related to or competes with Iron Mountain, Veolia Environnement, Baker Steel, United Utilities, Elmos Semiconductor, Symphony Environmental, and Nordic Semiconductor. Nippon Active is entity of United Kingdom More
Nippon Active 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 Active'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 Active Value upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9458 | |||
| Information Ratio | 0.0607 | |||
| Maximum Drawdown | 6.75 | |||
| Value At Risk | (1.08) | |||
| Potential Upside | 1.53 |
Nippon Active Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nippon Active's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nippon Active's standard deviation. In reality, there are many statistical measures that can use Nippon Active historical prices to predict the future Nippon Active's volatility.| Risk Adjusted Performance | 0.1001 | |||
| Jensen Alpha | 0.1057 | |||
| Total Risk Alpha | 0.0405 | |||
| Sortino Ratio | 0.0582 | |||
| Treynor Ratio | 0.9285 |
Nippon Active Value Backtested Returns
Currently, Nippon Active Value is very steady. Nippon Active Value has Sharpe Ratio of 0.0618, which conveys that the firm had a 0.0618% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nippon Active, which you can use to evaluate the volatility of the firm. Please verify Nippon Active's Mean Deviation of 0.638, downside deviation of 0.9458, and Risk Adjusted Performance of 0.1001 to check out if the risk estimate we provide is consistent with the expected return of 0.0545%. Nippon Active has a performance score of 4 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.12, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nippon Active's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nippon Active is expected to be smaller as well. Nippon Active Value right now secures a risk of 0.88%. Please verify Nippon Active Value treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to decide if Nippon Active Value will be following its current price movements.
Auto-correlation | 0.53 |
Modest predictability
Nippon Active Value has modest predictability. Overlapping area represents the amount of predictability between Nippon Active time series from 24th of December 2023 to 21st of June 2024 and 21st of June 2024 to 18th of December 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 Nippon Active Value price movement. The serial correlation of 0.53 indicates that about 53.0% of current Nippon Active price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 41.44 |
Nippon Active Value lagged returns against current returns
Autocorrelation, which is Nippon Active 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 Active's stock expected returns. We can calculate the autocorrelation of Nippon Active returns to help us make a trade decision. For example, suppose you find that Nippon Active 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 |
Nippon Active 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 Active stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nippon Active stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nippon Active stock over time.
Current vs Lagged Prices |
| Timeline |
Nippon Active Lagged Returns
When evaluating Nippon Active's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nippon Active stock have on its future price. Nippon Active 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 Active autocorrelation shows the relationship between Nippon Active stock current value and its past values and can show if there is a momentum factor associated with investing in Nippon Active Value.
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 Nippon Stock Analysis
When running Nippon Active's price analysis, check to measure Nippon Active'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 Nippon Active is operating at the current time. Most of Nippon Active's value examination focuses on studying past and present price action to predict the probability of Nippon Active's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nippon Active's price. Additionally, you may evaluate how the addition of Nippon Active to your portfolios can decrease your overall portfolio volatility.