Nu Asset's market value is the price at which a share of Nu Asset trades on a public exchange. It measures the collective expectations of Nu Asset FICFII investors about its performance. Nu Asset is trading at 91.59 as of the 18th of December 2024, a 2.34% increase since the beginning of the trading day. The stock's open price was 89.5. With this module, you can estimate the performance of a buy and hold strategy of Nu Asset FICFII and determine expected loss or profit from investing in Nu Asset over a given investment horizon. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
NUIF11
Nu Asset '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 Nu Asset'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 Nu Asset.
0.00
12/29/2022
No Change 0.00
0.0
In 1 year 11 months and 22 days
12/18/2024
0.00
If you would invest 0.00 in Nu Asset on December 29, 2022 and sell it all today you would earn a total of 0.00 from holding Nu Asset FICFII or generate 0.0% return on investment in Nu Asset over 720 days.
Nu Asset 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 Nu Asset'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 Nu Asset FICFII upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nu Asset's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nu Asset's standard deviation. In reality, there are many statistical measures that can use Nu Asset historical prices to predict the future Nu Asset's volatility.
Nu Asset FICFII retains Efficiency (Sharpe Ratio) of -0.0956, which conveys that the firm had a -0.0956% return per unit of price deviation over the last 3 months. Nu Asset exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nu Asset's Information Ratio of (0.21), market risk adjusted performance of (0.46), and Mean Deviation of 0.5872 to check out the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.37, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nu Asset's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nu Asset is expected to be smaller as well. At this point, Nu Asset FICFII has a negative expected return of -0.18%. Please make sure to verify Nu Asset's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Nu Asset FICFII performance from the past will be repeated at future time.
Auto-correlation
-1
Near perfect reversele predictability
Nu Asset FICFII has near perfect reversele predictability. Overlapping area represents the amount of predictability between Nu Asset time series from 29th of December 2022 to 24th of December 2023 and 24th of December 2023 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 Nu Asset FICFII price movement. The serial correlation of -1.0 indicates that 100.0% of current Nu Asset price fluctuation can be explain by its past prices.
Correlation Coefficient
-1.0
Spearman Rank Test
-1.0
Residual Average
0.0
Price Variance
11.92
Nu Asset FICFII lagged returns against current returns
Autocorrelation, which is Nu Asset 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 Nu Asset's stock expected returns. We can calculate the autocorrelation of Nu Asset returns to help us make a trade decision. For example, suppose you find that Nu Asset 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
Nu Asset 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 Nu Asset stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nu Asset stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nu Asset stock over time.
Current vs Lagged Prices
Timeline
Nu Asset Lagged Returns
When evaluating Nu Asset's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nu Asset stock have on its future price. Nu Asset 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, Nu Asset autocorrelation shows the relationship between Nu Asset stock current value and its past values and can show if there is a momentum factor associated with investing in Nu Asset FICFII.
Regressed Prices
Timeline
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