Nucleus Software (India) Market Value
| NUCLEUS Stock | 1,050 0.25 0.02% |
| Symbol | Nucleus |
Nucleus Software '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 Nucleus Software'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 Nucleus Software.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Nucleus Software on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Nucleus Software Exports or generate 0.0% return on investment in Nucleus Software over 510 days. Nucleus Software is related to or competes with Reliance Industries, Life Insurance, Indian Oil, and Oil Natural. Nucleus Software is entity of India. It is traded as Stock on NSE exchange. More
Nucleus Software 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 Nucleus Software'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 Nucleus Software Exports upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.37) | |||
| Maximum Drawdown | 11.81 | |||
| Value At Risk | (2.70) | |||
| Potential Upside | 1.15 |
Nucleus Software Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nucleus Software's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nucleus Software's standard deviation. In reality, there are many statistical measures that can use Nucleus Software historical prices to predict the future Nucleus Software's volatility.| Risk Adjusted Performance | (0.21) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (0.70) | |||
| Treynor Ratio | (3.54) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nucleus Software'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.
Nucleus Software Exports Backtested Returns
Nucleus Software Exports has Sharpe Ratio of -0.28, which conveys that the firm had a -0.28% return per unit of risk over the last 3 months. Nucleus Software exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nucleus Software's Mean Deviation of 1.09, standard deviation of 1.57, and Risk Adjusted Performance of (0.21) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nucleus Software's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nucleus Software is expected to be smaller as well. At this point, Nucleus Software Exports has a negative expected return of -0.43%. Please make sure to verify Nucleus Software's potential upside, and the relationship between the total risk alpha and daily balance of power , to decide if Nucleus Software Exports performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.12 |
Insignificant predictability
Nucleus Software Exports has insignificant predictability. Overlapping area represents the amount of predictability between Nucleus Software time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Nucleus Software Exports price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Nucleus Software price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 12.4 K |
Nucleus Software Exports lagged returns against current returns
Autocorrelation, which is Nucleus Software 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 Nucleus Software's stock expected returns. We can calculate the autocorrelation of Nucleus Software returns to help us make a trade decision. For example, suppose you find that Nucleus Software 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 |
Nucleus Software 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 Nucleus Software stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nucleus Software stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nucleus Software stock over time.
Current vs Lagged Prices |
| Timeline |
Nucleus Software Lagged Returns
When evaluating Nucleus Software's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nucleus Software stock have on its future price. Nucleus Software 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, Nucleus Software autocorrelation shows the relationship between Nucleus Software stock current value and its past values and can show if there is a momentum factor associated with investing in Nucleus Software Exports.
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 Nucleus Stock Analysis
When running Nucleus Software's price analysis, check to measure Nucleus Software'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 Nucleus Software is operating at the current time. Most of Nucleus Software's value examination focuses on studying past and present price action to predict the probability of Nucleus Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nucleus Software's price. Additionally, you may evaluate how the addition of Nucleus Software to your portfolios can decrease your overall portfolio volatility.