NIPPON TELTEL (Germany) Market Value
| NTT Stock | EUR 0.96 0.01 1.03% |
| Symbol | NIPPON |
NIPPON TELTEL '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 TELTEL'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 NIPPON TELTEL.
| 12/24/2023 |
| 12/18/2024 |
If you would invest 0.00 in NIPPON TELTEL on December 24, 2023 and sell it all today you would earn a total of 0.00 from holding NIPPON TELTEL or generate 0.0% return on investment in NIPPON TELTEL over 360 days. NIPPON TELTEL is related to or competes with Tyson Foods, DATANG INTL, Thai Beverage, MICRONIC MYDATA, DATAGROUP, PUBLIC STORAGE, and EBRO FOODS. More
NIPPON TELTEL 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 TELTEL'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 NIPPON TELTEL upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.3 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 6.59 | |||
| Value At Risk | (1.12) | |||
| Potential Upside | 2.2 |
NIPPON TELTEL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NIPPON TELTEL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NIPPON TELTEL's standard deviation. In reality, there are many statistical measures that can use NIPPON TELTEL historical prices to predict the future NIPPON TELTEL's volatility.| Risk Adjusted Performance | 0.0178 | |||
| Jensen Alpha | 0.0171 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.19) |
NIPPON TELTEL Backtested Returns
At this point, NIPPON TELTEL is risky. NIPPON TELTEL has Sharpe Ratio of 0.0325, which conveys that the firm had a 0.0325% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for NIPPON TELTEL, which you can use to evaluate the volatility of the firm. Please verify NIPPON TELTEL's mean deviation of 0.8477, and Risk Adjusted Performance of 0.0178 to check out if the risk estimate we provide is consistent with the expected return of 0.0405%. NIPPON TELTEL has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.069, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NIPPON TELTEL are expected to decrease at a much lower rate. During the bear market, NIPPON TELTEL is likely to outperform the market. NIPPON TELTEL currently secures a risk of 1.24%. Please verify NIPPON TELTEL sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to decide if NIPPON TELTEL will be following its current price movements.
Auto-correlation | -0.12 |
Insignificant reverse predictability
NIPPON TELTEL has insignificant reverse predictability. Overlapping area represents the amount of predictability between NIPPON TELTEL time series from 24th of December 2023 to 21st of June 2024 and 21st of June 2024 to 18th of December 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 TELTEL price movement. The serial correlation of -0.12 indicates that less than 12.0% of current NIPPON TELTEL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
NIPPON TELTEL lagged returns against current returns
Autocorrelation, which is NIPPON TELTEL 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 NIPPON TELTEL's stock expected returns. We can calculate the autocorrelation of NIPPON TELTEL returns to help us make a trade decision. For example, suppose you find that NIPPON TELTEL 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 |
NIPPON TELTEL 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 TELTEL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NIPPON TELTEL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NIPPON TELTEL stock over time.
Current vs Lagged Prices |
| Timeline |
NIPPON TELTEL Lagged Returns
When evaluating NIPPON TELTEL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NIPPON TELTEL stock have on its future price. NIPPON TELTEL 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 TELTEL autocorrelation shows the relationship between NIPPON TELTEL stock current value and its past values and can show if there is a momentum factor associated with investing in NIPPON TELTEL.
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.Other Information on Investing in NIPPON Stock
NIPPON TELTEL financial ratios help investors to determine whether NIPPON Stock 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 NIPPON with respect to the benefits of owning NIPPON TELTEL security.