Nip Group American Stock Market Value
| NIPG Stock | 3.90 0.26 6.25% |
| Symbol | NIP |
Is Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NIP Group. If investors know NIP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NIP Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of NIP Group American is measured differently than its book value, which is the value of NIP that is recorded on the company's balance sheet. Investors also form their own opinion of NIP Group's value that differs from its market value or its book value, called intrinsic value, which is NIP Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NIP Group's market value can be influenced by many factors that don't directly affect NIP Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NIP Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if NIP Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NIP Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
NIP Group '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 NIP Group'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 NIP Group.
| 11/02/2024 |
| 01/31/2025 |
If you would invest 0.00 in NIP Group on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding NIP Group American or generate 0.0% return on investment in NIP Group over 90 days. NIP Group is related to or competes with Air Products, QuinStreet, BOS Better, WPP PLC, Chemours, Deluxe, and Global E. More
NIP Group 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 NIP Group'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 NIP Group American upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 19.59 | |||
| Value At Risk | (9.24) | |||
| Potential Upside | 4.38 |
NIP Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NIP Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NIP Group's standard deviation. In reality, there are many statistical measures that can use NIP Group historical prices to predict the future NIP Group's volatility.| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (0.91) | |||
| Total Risk Alpha | (1.33) | |||
| Treynor Ratio | 69.83 |
NIP Group American Backtested Returns
NIP Group American has Sharpe Ratio of -0.23, which conveys that the firm had a -0.23 % return per unit of volatility over the last 3 months. NIP Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NIP Group's risk adjusted performance of (0.18), and Mean Deviation of 2.9 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.013, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NIP Group are expected to decrease at a much lower rate. During the bear market, NIP Group is likely to outperform the market. At this point, NIP Group American has a negative expected return of -0.9%. Please make sure to verify NIP Group's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if NIP Group American performance from the past will be repeated at future time.
Auto-correlation | -0.58 |
Good reverse predictability
NIP Group American has good reverse predictability. Overlapping area represents the amount of predictability between NIP Group time series from 2nd of November 2024 to 17th of December 2024 and 17th of December 2024 to 31st of January 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 NIP Group American price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current NIP Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 1.01 |
NIP Group American lagged returns against current returns
Autocorrelation, which is NIP Group 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 NIP Group's stock expected returns. We can calculate the autocorrelation of NIP Group returns to help us make a trade decision. For example, suppose you find that NIP Group 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 |
NIP Group 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 NIP Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NIP Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NIP Group stock over time.
Current vs Lagged Prices |
| Timeline |
NIP Group Lagged Returns
When evaluating NIP Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NIP Group stock have on its future price. NIP Group 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, NIP Group autocorrelation shows the relationship between NIP Group stock current value and its past values and can show if there is a momentum factor associated with investing in NIP Group American.
Regressed Prices |
| Timeline |
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Check out NIP Group Correlation, NIP Group Volatility and NIP Group Alpha and Beta module to complement your research on NIP Group. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
NIP Group technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.