Nifco Inc Adr Stock Market Value
| NIFCY Stock | USD 13.23 0.00 0.00% |
| Symbol | Nifco |
Nifco '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 Nifco's pink sheet 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 Nifco.
| 01/09/2024 |
| 12/29/2025 |
If you would invest 0.00 in Nifco on January 9, 2024 and sell it all today you would earn a total of 0.00 from holding Nifco Inc ADR or generate 0.0% return on investment in Nifco over 720 days. Nifco is related to or competes with Faurecia, Faurecia, Mabuchi, and NSK. Nifco Inc. manufactures and sells industrial plastic parts and components in Japan, rest of Asia, North America, and Eur... More
Nifco 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 Nifco's pink sheet 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 Nifco Inc ADR upside and downside potential and time the market with a certain degree of confidence.
Nifco Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nifco's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nifco's standard deviation. In reality, there are many statistical measures that can use Nifco historical prices to predict the future Nifco's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nifco's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Nifco Inc ADR Backtested Returns
We have found three technical indicators for Nifco, which you can use to evaluate the volatility of the firm. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Nifco are completely uncorrelated.
Auto-correlation | 0.72 |
Good predictability
Nifco Inc ADR has good predictability. Overlapping area represents the amount of predictability between Nifco time series from 9th of January 2024 to 3rd of January 2025 and 3rd of January 2025 to 29th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nifco Inc ADR price movement. The serial correlation of 0.72 indicates that around 72.0% of current Nifco price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Nifco Inc ADR lagged returns against current returns
Autocorrelation, which is Nifco pink sheet'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 Nifco's pink sheet expected returns. We can calculate the autocorrelation of Nifco returns to help us make a trade decision. For example, suppose you find that Nifco has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Nifco 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 Nifco pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nifco pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nifco pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Nifco Lagged Returns
When evaluating Nifco's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nifco pink sheet have on its future price. Nifco 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, Nifco autocorrelation shows the relationship between Nifco pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Nifco Inc ADR.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Nifco Pink Sheet Analysis
When running Nifco's price analysis, check to measure Nifco'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 Nifco is operating at the current time. Most of Nifco's value examination focuses on studying past and present price action to predict the probability of Nifco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nifco's price. Additionally, you may evaluate how the addition of Nifco to your portfolios can decrease your overall portfolio volatility.