Nucletron Electronic (Germany) Market Value
| NUC Stock | EUR 7.60 0.00 0.00% |
| Symbol | Nucletron |
Nucletron Electronic '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 Nucletron Electronic'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 Nucletron Electronic.
| 12/04/2022 |
| 11/23/2024 |
If you would invest 0.00 in Nucletron Electronic on December 4, 2022 and sell it all today you would earn a total of 0.00 from holding Nucletron Electronic Aktiengesellschaft or generate 0.0% return on investment in Nucletron Electronic over 720 days. Nucletron Electronic is related to or competes with Amphenol, Hon Hai, Samsung SDI, Corning Incorporated, Mitsubishi Electric, and Sunny Optical. Nucletron Electronic Aktiengesellschaft, through its subsidiaries, manufactures, distributes, and sells technology compo... More
Nucletron Electronic 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 Nucletron Electronic'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 Nucletron Electronic Aktiengesellschaft upside and downside potential and time the market with a certain degree of confidence.
Nucletron Electronic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nucletron Electronic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nucletron Electronic's standard deviation. In reality, there are many statistical measures that can use Nucletron Electronic historical prices to predict the future Nucletron Electronic's volatility.Nucletron Electronic Backtested Returns
We have found three technical indicators for Nucletron Electronic, 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 Nucletron Electronic are completely uncorrelated.
Auto-correlation | 0.97 |
Excellent predictability
Nucletron Electronic Aktiengesellschaft has excellent predictability. Overlapping area represents the amount of predictability between Nucletron Electronic time series from 4th of December 2022 to 29th of November 2023 and 29th of November 2023 to 23rd 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 Nucletron Electronic price movement. The serial correlation of 0.97 indicates that 97.0% of current Nucletron Electronic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.97 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Nucletron Electronic lagged returns against current returns
Autocorrelation, which is Nucletron Electronic 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 Nucletron Electronic's stock expected returns. We can calculate the autocorrelation of Nucletron Electronic returns to help us make a trade decision. For example, suppose you find that Nucletron Electronic 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 |
Nucletron Electronic 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 Nucletron Electronic stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nucletron Electronic stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nucletron Electronic stock over time.
Current vs Lagged Prices |
| Timeline |
Nucletron Electronic Lagged Returns
When evaluating Nucletron Electronic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nucletron Electronic stock have on its future price. Nucletron Electronic 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, Nucletron Electronic autocorrelation shows the relationship between Nucletron Electronic stock current value and its past values and can show if there is a momentum factor associated with investing in Nucletron Electronic Aktiengesellschaft.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Nucletron Stock
Nucletron Electronic financial ratios help investors to determine whether Nucletron 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 Nucletron with respect to the benefits of owning Nucletron Electronic security.