Nestle Sa Stock Market Value
| NSRGF Stock | USD 84.00 1.88 2.19% |
| Symbol | Nestle |
Nestle SA '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 Nestle SA'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 Nestle SA.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Nestle SA on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Nestle SA or generate 0.0% return on investment in Nestle SA over 30 days. Nestle SA is related to or competes with General Mills, Kellanova, Campbell Soup, Kraft Heinz, Toyo Suisan, Glanbia Plc, and Seneca Foods. Nestl S.A., together with its subsidiaries, operates as a food and beverage company More
Nestle SA 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 Nestle SA'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 Nestle SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 8.33 | |||
| Value At Risk | (2.96) | |||
| Potential Upside | 1.5 |
Nestle SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nestle SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nestle SA's standard deviation. In reality, there are many statistical measures that can use Nestle SA historical prices to predict the future Nestle SA's volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | 5.6 |
Nestle SA Backtested Returns
Nestle SA has Sharpe Ratio of -0.32, which conveys that the firm had a -0.32% return per unit of risk over the last 3 months. Nestle SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nestle SA's Mean Deviation of 0.943, risk adjusted performance of (0.17), and Standard Deviation of 1.34 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0552, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nestle SA are expected to decrease at a much lower rate. During the bear market, Nestle SA is likely to outperform the market. At this point, Nestle SA has a negative expected return of -0.35%. Please make sure to verify Nestle SA's kurtosis, as well as the relationship between the day median price and period momentum indicator , to decide if Nestle SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.90 |
Excellent predictability
Nestle SA has excellent predictability. Overlapping area represents the amount of predictability between Nestle SA time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Nestle SA price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Nestle SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.9 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 3.38 |
Nestle SA lagged returns against current returns
Autocorrelation, which is Nestle SA 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 Nestle SA's pink sheet expected returns. We can calculate the autocorrelation of Nestle SA returns to help us make a trade decision. For example, suppose you find that Nestle SA 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 |
Nestle SA 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 Nestle SA pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nestle SA pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nestle SA pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Nestle SA Lagged Returns
When evaluating Nestle SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nestle SA pink sheet have on its future price. Nestle SA 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, Nestle SA autocorrelation shows the relationship between Nestle SA pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Nestle SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Nestle Pink Sheet
Nestle SA financial ratios help investors to determine whether Nestle 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 Nestle with respect to the benefits of owning Nestle SA security.