NV Nederlandsche (Netherlands) Market Value
| NEDAP Stock | EUR 54.40 2.00 3.82% |
| Symbol | NEDAP |
NV Nederlandsche '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 NV Nederlandsche'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 NV Nederlandsche.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in NV Nederlandsche on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding NV Nederlandsche Apparatenfabriek or generate 0.0% return on investment in NV Nederlandsche over 510 days. NV Nederlandsche is related to or competes with TKH Group, Aalberts Industries, Amsterdam Commodities, Hydratec Industries, IShares Property, IShares VII, and Value8 NV. Nederlandsche Apparatenfabriek Nedap, together with its subsidiaries, develops and supplies smart technological solution... More
NV Nederlandsche 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 NV Nederlandsche'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 NV Nederlandsche Apparatenfabriek upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 4.59 | |||
| Value At Risk | (1.40) | |||
| Potential Upside | 2.15 |
NV Nederlandsche Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NV Nederlandsche's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NV Nederlandsche's standard deviation. In reality, there are many statistical measures that can use NV Nederlandsche historical prices to predict the future NV Nederlandsche's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.45) |
NV Nederlandsche App Backtested Returns
NV Nederlandsche App retains Efficiency (Sharpe Ratio) of -0.1, which conveys that the firm had a -0.1% return per unit of price deviation over the last 3 months. NV Nederlandsche exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NV Nederlandsche's Mean Deviation of 0.8159, information ratio of (0.20), and Market Risk Adjusted Performance of (0.44) to check out the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.23, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NV Nederlandsche's returns are expected to increase less than the market. However, during the bear market, the loss of holding NV Nederlandsche is expected to be smaller as well. At this point, NV Nederlandsche App has a negative expected return of -0.11%. Please make sure to verify NV Nederlandsche's value at risk, and the relationship between the jensen alpha and accumulation distribution , to decide if NV Nederlandsche App performance from the past will be repeated at some future date.
Auto-correlation | -0.85 |
Excellent reverse predictability
NV Nederlandsche Apparatenfabriek has excellent reverse predictability. Overlapping area represents the amount of predictability between NV Nederlandsche time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 NV Nederlandsche App price movement. The serial correlation of -0.85 indicates that around 85.0% of current NV Nederlandsche price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.85 | |
| Spearman Rank Test | -0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 12.78 |
NV Nederlandsche App lagged returns against current returns
Autocorrelation, which is NV Nederlandsche 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 NV Nederlandsche's stock expected returns. We can calculate the autocorrelation of NV Nederlandsche returns to help us make a trade decision. For example, suppose you find that NV Nederlandsche 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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NV Nederlandsche 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 NV Nederlandsche stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NV Nederlandsche stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NV Nederlandsche stock over time.
Current vs Lagged Prices |
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NV Nederlandsche Lagged Returns
When evaluating NV Nederlandsche's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NV Nederlandsche stock have on its future price. NV Nederlandsche 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, NV Nederlandsche autocorrelation shows the relationship between NV Nederlandsche stock current value and its past values and can show if there is a momentum factor associated with investing in NV Nederlandsche Apparatenfabriek.
Regressed Prices |
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Thematic Opportunities
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Other Information on Investing in NEDAP Stock
NV Nederlandsche financial ratios help investors to determine whether NEDAP 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 NEDAP with respect to the benefits of owning NV Nederlandsche security.