Nafpaktos Textile (Greece) Market Value
| NAYP Stock | EUR 0.82 0.02 2.38% |
| Symbol | Nafpaktos |
Nafpaktos Textile '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 Nafpaktos Textile'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 Nafpaktos Textile.
| 03/17/2023 |
| 03/06/2025 |
If you would invest 0.00 in Nafpaktos Textile on March 17, 2023 and sell it all today you would earn a total of 0.00 from holding Nafpaktos Textile Industry or generate 0.0% return on investment in Nafpaktos Textile over 720 days. Nafpaktos Textile is related to or competes with Logismos Information, Elvalhalcor Hellenic, Profile Systems, Intertech, As Commercial, and Interlife General. Nafpaktos Textile Industry S.A. engages in the cotton ginning and production of cotton yarns in Greece More
Nafpaktos Textile 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 Nafpaktos Textile'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 Nafpaktos Textile Industry upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.43 | |||
| Information Ratio | 0.0333 | |||
| Maximum Drawdown | 13.83 | |||
| Value At Risk | (4.60) | |||
| Potential Upside | 5.41 |
Nafpaktos Textile Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nafpaktos Textile's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nafpaktos Textile's standard deviation. In reality, there are many statistical measures that can use Nafpaktos Textile historical prices to predict the future Nafpaktos Textile's volatility.| Risk Adjusted Performance | 0.019 | |||
| Jensen Alpha | 0.0056 | |||
| Total Risk Alpha | 0.2928 | |||
| Sortino Ratio | 0.0296 | |||
| Treynor Ratio | (0.08) |
Nafpaktos Textile Backtested Returns
Nafpaktos Textile has Sharpe Ratio of -0.0209, which conveys that the firm had a -0.0209 % return per unit of risk over the last 3 months. Nafpaktos Textile exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nafpaktos Textile's Risk Adjusted Performance of 0.019, downside deviation of 3.43, and Mean Deviation of 2.17 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.45, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Nafpaktos Textile are expected to decrease at a much lower rate. During the bear market, Nafpaktos Textile is likely to outperform the market. At this point, Nafpaktos Textile has a negative expected return of -0.0601%. Please make sure to verify Nafpaktos Textile's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Nafpaktos Textile performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Nafpaktos Textile Industry has insignificant reverse predictability. Overlapping area represents the amount of predictability between Nafpaktos Textile time series from 17th of March 2023 to 11th of March 2024 and 11th of March 2024 to 6th of March 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 Nafpaktos Textile price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Nafpaktos Textile price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Nafpaktos Textile lagged returns against current returns
Autocorrelation, which is Nafpaktos Textile 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 Nafpaktos Textile's stock expected returns. We can calculate the autocorrelation of Nafpaktos Textile returns to help us make a trade decision. For example, suppose you find that Nafpaktos Textile 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 |
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Nafpaktos Textile 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 Nafpaktos Textile stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nafpaktos Textile stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nafpaktos Textile stock over time.
Current vs Lagged Prices |
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Nafpaktos Textile Lagged Returns
When evaluating Nafpaktos Textile's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nafpaktos Textile stock have on its future price. Nafpaktos Textile 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, Nafpaktos Textile autocorrelation shows the relationship between Nafpaktos Textile stock current value and its past values and can show if there is a momentum factor associated with investing in Nafpaktos Textile Industry.
Regressed Prices |
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Thematic Opportunities
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Additional Tools for Nafpaktos Stock Analysis
When running Nafpaktos Textile's price analysis, check to measure Nafpaktos Textile'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 Nafpaktos Textile is operating at the current time. Most of Nafpaktos Textile's value examination focuses on studying past and present price action to predict the probability of Nafpaktos Textile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nafpaktos Textile's price. Additionally, you may evaluate how the addition of Nafpaktos Textile to your portfolios can decrease your overall portfolio volatility.