Nbi Global Equity Fund Market Value
| NBGE Fund | 10.57 0.01 0.09% |
| Symbol | NBI |
NBI Global '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 NBI Global's fund 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 NBI Global.
| 01/18/2025 |
| 01/13/2026 |
If you would invest 0.00 in NBI Global on January 18, 2025 and sell it all today you would earn a total of 0.00 from holding NBI Global Equity or generate 0.0% return on investment in NBI Global over 360 days.
NBI Global 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 NBI Global's fund 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 NBI Global Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6353 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 3.06 | |||
| Value At Risk | (0.89) | |||
| Potential Upside | 1.38 |
NBI Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NBI Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NBI Global's standard deviation. In reality, there are many statistical measures that can use NBI Global historical prices to predict the future NBI Global's volatility.| Risk Adjusted Performance | 0.0522 | |||
| Jensen Alpha | 0.0357 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.7273 |
NBI Global Equity Backtested Returns
As of now, NBI Fund is very steady. NBI Global Equity has Sharpe Ratio of 0.0857, which conveys that the fund had a 0.0857 % return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for NBI Global, which you can use to evaluate the volatility of the entity. Please verify NBI Global's Mean Deviation of 0.5473, market risk adjusted performance of 0.7373, and Downside Deviation of 0.6353 to check out if the risk estimate we provide is consistent with the expected return of 0.0574%. The entity secures a Beta (Market Risk) of 0.0558, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NBI Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding NBI Global is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
NBI Global Equity has no correlation between past and present. Overlapping area represents the amount of predictability between NBI Global time series from 18th of January 2025 to 17th of July 2025 and 17th of July 2025 to 13th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of NBI Global Equity price movement. The serial correlation of 0.0 indicates that just 0.0% of current NBI Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
NBI Global Equity lagged returns against current returns
Autocorrelation, which is NBI Global fund'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 NBI Global's fund expected returns. We can calculate the autocorrelation of NBI Global returns to help us make a trade decision. For example, suppose you find that NBI Global has exhibited high autocorrelation historically, and you observe that the fund 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 |
NBI Global 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 NBI Global fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NBI Global fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NBI Global fund over time.
Current vs Lagged Prices |
| Timeline |
NBI Global Lagged Returns
When evaluating NBI Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NBI Global fund have on its future price. NBI Global 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, NBI Global autocorrelation shows the relationship between NBI Global fund current value and its past values and can show if there is a momentum factor associated with investing in NBI Global Equity.
Regressed Prices |
| Timeline |
Pair Trading with NBI Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NBI Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NBI Global will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to NBI Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NBI Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NBI Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NBI Global Equity to buy it.
The correlation of NBI Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NBI Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NBI Global Equity moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NBI Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.| Equity Valuation Check real value of public entities based on technical and fundamental data | |
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