Navigator Global (Australia) Market Value
| NGI Stock | 1.69 0.05 3.05% |
| Symbol | Navigator |
Navigator 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 Navigator Global'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 Navigator Global.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Navigator Global on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Navigator Global Investments or generate 0.0% return on investment in Navigator Global over 30 days. Navigator Global is related to or competes with MFF Capital, Ainsworth Game, Collins Foods, Premier Investments, and Sandon Capital. Navigator Global is entity of Australia. It is traded as Stock on AU exchange. More
Navigator 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 Navigator Global'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 Navigator Global Investments upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 8.5 | |||
| Value At Risk | (2.98) | |||
| Potential Upside | 3.53 |
Navigator Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Navigator Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Navigator Global's standard deviation. In reality, there are many statistical measures that can use Navigator Global historical prices to predict the future Navigator Global's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (0.12) |
Navigator Global Inv Backtested Returns
Currently, Navigator Global Investments is unstable. Navigator Global Inv has Sharpe Ratio of 0.0096, which conveys that the firm had a 0.0096% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Navigator Global, which you can use to evaluate the volatility of the firm. Please verify Navigator Global's Mean Deviation of 1.55, risk adjusted performance of (0.01), and Standard Deviation of 2.0 to check out if the risk estimate we provide is consistent with the expected return of 0.0188%. The company secures a Beta (Market Risk) of 0.42, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Navigator Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Navigator Global is expected to be smaller as well. Navigator Global Inv right now secures a risk of 1.96%. Please verify Navigator Global Investments potential upside, kurtosis, daily balance of power, as well as the relationship between the skewness and accumulation distribution , to decide if Navigator Global Investments will be following its current price movements.
Auto-correlation | -0.38 |
Poor reverse predictability
Navigator Global Investments has poor reverse predictability. Overlapping area represents the amount of predictability between Navigator Global time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Navigator Global Inv price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Navigator Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Navigator Global Inv lagged returns against current returns
Autocorrelation, which is Navigator Global 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 Navigator Global's stock expected returns. We can calculate the autocorrelation of Navigator Global returns to help us make a trade decision. For example, suppose you find that Navigator Global 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 |
Navigator 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 Navigator Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Navigator Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Navigator Global stock over time.
Current vs Lagged Prices |
| Timeline |
Navigator Global Lagged Returns
When evaluating Navigator Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Navigator Global stock have on its future price. Navigator 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, Navigator Global autocorrelation shows the relationship between Navigator Global stock current value and its past values and can show if there is a momentum factor associated with investing in Navigator Global Investments.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Navigator Stock Analysis
When running Navigator Global's price analysis, check to measure Navigator Global'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 Navigator Global is operating at the current time. Most of Navigator Global's value examination focuses on studying past and present price action to predict the probability of Navigator Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Navigator Global's price. Additionally, you may evaluate how the addition of Navigator Global to your portfolios can decrease your overall portfolio volatility.