Nepa AB (Sweden) Market Value
| NEPA Stock | SEK 19.60 0.55 2.89% |
| Symbol | Nepa |
Nepa AB '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 Nepa AB'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 Nepa AB.
| 12/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in Nepa AB on December 29, 2023 and sell it all today you would earn a total of 0.00 from holding Nepa AB or generate 0.0% return on investment in Nepa AB over 330 days. Nepa AB is related to or competes with MAG Interactive, Kambi Group, Hexatronic Group, Integrum, and Awardit AB. It offers Nepa CX IQ, a customer experience platform that collects, integrates, analyses, and simulates customer feedbac... More
Nepa AB 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 Nepa AB'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 Nepa AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 34.69 | |||
| Value At Risk | (3.52) | |||
| Potential Upside | 4.07 |
Nepa AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nepa AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nepa AB's standard deviation. In reality, there are many statistical measures that can use Nepa AB historical prices to predict the future Nepa AB's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.93) | |||
| Treynor Ratio | (0.83) |
Nepa AB Backtested Returns
Nepa AB has Sharpe Ratio of -0.0531, which conveys that the firm had a -0.0531% return per unit of risk over the last 3 months. Nepa AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nepa AB's Risk Adjusted Performance of (0.03), mean deviation of 2.2, and Standard Deviation of 4.44 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.28, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nepa AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nepa AB is expected to be smaller as well. At this point, Nepa AB has a negative expected return of -0.24%. Please make sure to verify Nepa AB's potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if Nepa AB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.45 |
Average predictability
Nepa AB has average predictability. Overlapping area represents the amount of predictability between Nepa AB time series from 29th of December 2023 to 11th of June 2024 and 11th of June 2024 to 23rd 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 Nepa AB price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Nepa AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 9.72 |
Nepa AB lagged returns against current returns
Autocorrelation, which is Nepa AB 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 Nepa AB's stock expected returns. We can calculate the autocorrelation of Nepa AB returns to help us make a trade decision. For example, suppose you find that Nepa AB 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 |
Nepa AB 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 Nepa AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nepa AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nepa AB stock over time.
Current vs Lagged Prices |
| Timeline |
Nepa AB Lagged Returns
When evaluating Nepa AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nepa AB stock have on its future price. Nepa AB 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, Nepa AB autocorrelation shows the relationship between Nepa AB stock current value and its past values and can show if there is a momentum factor associated with investing in Nepa AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Nepa Stock Analysis
When running Nepa AB's price analysis, check to measure Nepa AB'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 Nepa AB is operating at the current time. Most of Nepa AB's value examination focuses on studying past and present price action to predict the probability of Nepa AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nepa AB's price. Additionally, you may evaluate how the addition of Nepa AB to your portfolios can decrease your overall portfolio volatility.