Nippon Yusen Kabushiki Stock Market Value
| NPNYY Stock | USD 6.31 0.18 2.77% |
| Symbol | Nippon |
Nippon Yusen '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 Nippon Yusen'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 Nippon Yusen.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Nippon Yusen on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Nippon Yusen Kabushiki or generate 0.0% return on investment in Nippon Yusen over 30 days. Nippon Yusen is related to or competes with SITC International, AP Moeller, Orient Overseas, Hapag-Lloyd Aktiengesellscha, AP Moeller, COSCO SHIPPING, and Hapag Lloyd. Nippon Yusen Kabushiki Kaisha provides marine, land, and air transportation services worldwide More
Nippon Yusen 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 Nippon Yusen'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 Nippon Yusen Kabushiki upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 14.63 | |||
| Value At Risk | (2.77) | |||
| Potential Upside | 2.85 |
Nippon Yusen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nippon Yusen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nippon Yusen's standard deviation. In reality, there are many statistical measures that can use Nippon Yusen historical prices to predict the future Nippon Yusen's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | 0.7045 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nippon Yusen'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.
Nippon Yusen Kabushiki Backtested Returns
Nippon Yusen Kabushiki has Sharpe Ratio of -0.0657, which conveys that the firm had a -0.0657% return per unit of risk over the last 3 months. Nippon Yusen exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nippon Yusen's Mean Deviation of 1.72, standard deviation of 2.35, and Risk Adjusted Performance of (0.03) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.19, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nippon Yusen are expected to decrease at a much lower rate. During the bear market, Nippon Yusen is likely to outperform the market. At this point, Nippon Yusen Kabushiki has a negative expected return of -0.15%. Please make sure to verify Nippon Yusen's accumulation distribution, and the relationship between the potential upside and day median price , to decide if Nippon Yusen Kabushiki performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.07 |
Virtually no predictability
Nippon Yusen Kabushiki has virtually no predictability. Overlapping area represents the amount of predictability between Nippon Yusen time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Nippon Yusen Kabushiki price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Nippon Yusen price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Nippon Yusen Kabushiki lagged returns against current returns
Autocorrelation, which is Nippon Yusen 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 Nippon Yusen's pink sheet expected returns. We can calculate the autocorrelation of Nippon Yusen returns to help us make a trade decision. For example, suppose you find that Nippon Yusen 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 |
Nippon Yusen 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 Nippon Yusen pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nippon Yusen pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nippon Yusen pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Nippon Yusen Lagged Returns
When evaluating Nippon Yusen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nippon Yusen pink sheet have on its future price. Nippon Yusen 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, Nippon Yusen autocorrelation shows the relationship between Nippon Yusen pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Nippon Yusen Kabushiki.
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 Nippon Pink Sheet Analysis
When running Nippon Yusen's price analysis, check to measure Nippon Yusen'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 Nippon Yusen is operating at the current time. Most of Nippon Yusen's value examination focuses on studying past and present price action to predict the probability of Nippon Yusen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nippon Yusen's price. Additionally, you may evaluate how the addition of Nippon Yusen to your portfolios can decrease your overall portfolio volatility.