Nisshin Seifun (Germany) Market Value
| NFR Stock | EUR 11.30 0.20 1.74% |
| Symbol | Nisshin |
Nisshin Seifun '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 Nisshin Seifun'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 Nisshin Seifun.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in Nisshin Seifun on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Nisshin Seifun Group or generate 0.0% return on investment in Nisshin Seifun over 480 days. Nisshin Seifun is related to or competes with Hormel Foods, Superior Plus, SIVERS SEMICONDUCTORS, NorAm Drilling, Norsk Hydro, Reliance Steel, and RYOHIN UNSPADR1. Nisshin Seifun Group Inc. engages in the flour milling, processed foods, health foods, biotechnology, pet foods, enginee... More
Nisshin Seifun 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 Nisshin Seifun'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 Nisshin Seifun Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 5.33 | |||
| Value At Risk | (1.79) | |||
| Potential Upside | 1.83 |
Nisshin Seifun Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nisshin Seifun's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nisshin Seifun's standard deviation. In reality, there are many statistical measures that can use Nisshin Seifun historical prices to predict the future Nisshin Seifun's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.71) |
Nisshin Seifun Group Backtested Returns
Nisshin Seifun Group has Sharpe Ratio of -0.0638, which conveys that the firm had a -0.0638% return per unit of risk over the last 3 months. Nisshin Seifun exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nisshin Seifun's Risk Adjusted Performance of (0.06), standard deviation of 1.16, and Mean Deviation of 0.9021 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.17, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nisshin Seifun's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nisshin Seifun is expected to be smaller as well. At this point, Nisshin Seifun Group has a negative expected return of -0.0742%. Please make sure to verify Nisshin Seifun's potential upside, rate of daily change, period momentum indicator, as well as the relationship between the kurtosis and day typical price , to decide if Nisshin Seifun Group performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.09 |
Very weak reverse predictability
Nisshin Seifun Group has very weak reverse predictability. Overlapping area represents the amount of predictability between Nisshin Seifun time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th 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 Nisshin Seifun Group price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Nisshin Seifun price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.36 |
Nisshin Seifun Group lagged returns against current returns
Autocorrelation, which is Nisshin Seifun 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 Nisshin Seifun's stock expected returns. We can calculate the autocorrelation of Nisshin Seifun returns to help us make a trade decision. For example, suppose you find that Nisshin Seifun 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 |
Nisshin Seifun 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 Nisshin Seifun stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nisshin Seifun stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nisshin Seifun stock over time.
Current vs Lagged Prices |
| Timeline |
Nisshin Seifun Lagged Returns
When evaluating Nisshin Seifun's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nisshin Seifun stock have on its future price. Nisshin Seifun 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, Nisshin Seifun autocorrelation shows the relationship between Nisshin Seifun stock current value and its past values and can show if there is a momentum factor associated with investing in Nisshin Seifun Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Nisshin Stock
Nisshin Seifun financial ratios help investors to determine whether Nisshin 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 Nisshin with respect to the benefits of owning Nisshin Seifun security.