Nichols Plc Stock Market Value
| NJMVF Stock | USD 19.09 0.00 0.00% |
| Symbol | Nichols |
Nichols Plc '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 Nichols Plc'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 Nichols Plc.
| 01/09/2024 |
| 12/29/2025 |
If you would invest 0.00 in Nichols Plc on January 9, 2024 and sell it all today you would earn a total of 0.00 from holding Nichols plc or generate 0.0% return on investment in Nichols Plc over 720 days. Nichols Plc is related to or competes with CC Group, CC Group, AG BARR, D2L, Anglo Eastern, Ontex Group, and Elders. Nichols plc, together with its subsidiaries, supplies soft drinks to the retail, wholesale, catering, licensed, and leis... More
Nichols Plc 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 Nichols Plc'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 Nichols plc upside and downside potential and time the market with a certain degree of confidence.
Nichols Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nichols Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nichols Plc's standard deviation. In reality, there are many statistical measures that can use Nichols Plc historical prices to predict the future Nichols Plc's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nichols Plc'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.
Nichols plc Backtested Returns
We have found three technical indicators for Nichols Plc, 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 Nichols Plc are completely uncorrelated.
Auto-correlation | 0.87 |
Very good predictability
Nichols plc has very good predictability. Overlapping area represents the amount of predictability between Nichols Plc 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 Nichols plc price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current Nichols Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Nichols plc lagged returns against current returns
Autocorrelation, which is Nichols Plc 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 Nichols Plc's pink sheet expected returns. We can calculate the autocorrelation of Nichols Plc returns to help us make a trade decision. For example, suppose you find that Nichols Plc 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 |
Nichols Plc 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 Nichols Plc pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nichols Plc pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nichols Plc pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Nichols Plc Lagged Returns
When evaluating Nichols Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nichols Plc pink sheet have on its future price. Nichols Plc 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, Nichols Plc autocorrelation shows the relationship between Nichols Plc pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Nichols plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
| DD | Dupont De Nemours | |
| CRDO | Credo Technology Group | |
| GOOG | Alphabet Inc Class C | |
| BAC | Bank of America | |
| CRM | Salesforce |
Other Information on Investing in Nichols Pink Sheet
Nichols Plc financial ratios help investors to determine whether Nichols Pink Sheet 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 Nichols with respect to the benefits of owning Nichols Plc security.