Nws Holdings Limited Stock Market Value
| NWSZF Stock | USD 1.03 0.22 17.60% |
| Symbol | NWS |
NWS Holdings '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 NWS Holdings' 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 NWS Holdings.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in NWS Holdings on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding NWS Holdings Limited or generate 0.0% return on investment in NWS Holdings over 30 days. NWS Holdings is related to or competes with Babcock International, Tcnicas Reunidas, Shimizu Corp, and Obayashi. NWS Holdings Limited, an investment holding company, primarily invests in, develops, andor operates toll roads in Hong K... More
NWS Holdings 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 NWS Holdings' 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 NWS Holdings Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1084 | |||
| Maximum Drawdown | 5.67 |
NWS Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NWS Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NWS Holdings' standard deviation. In reality, there are many statistical measures that can use NWS Holdings historical prices to predict the future NWS Holdings' volatility.| Risk Adjusted Performance | 0.1066 | |||
| Jensen Alpha | 0.9473 | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (2.24) |
NWS Holdings Limited Backtested Returns
NWS Holdings appears to be abnormally volatile, given 3 months investment horizon. NWS Holdings Limited has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of standard deviation over the last 3 months. By reviewing NWS Holdings' technical indicators, you can evaluate if the expected return of 0.95% is justified by implied risk. Please exercise NWS Holdings' Risk Adjusted Performance of 0.1066, market risk adjusted performance of (2.23), and Mean Deviation of 2.29 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, NWS Holdings holds a performance score of 10. The company secures a Beta (Market Risk) of -0.4, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning NWS Holdings are expected to decrease at a much lower rate. During the bear market, NWS Holdings is likely to outperform the market. Please check NWS Holdings' total risk alpha and day median price , to make a quick decision on whether NWS Holdings' current price movements will revert.
Auto-correlation | 0.00 |
No correlation between past and present
NWS Holdings Limited has no correlation between past and present. Overlapping area represents the amount of predictability between NWS Holdings time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 NWS Holdings Limited price movement. The serial correlation of 0.0 indicates that just 0.0% of current NWS Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.96 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
NWS Holdings Limited lagged returns against current returns
Autocorrelation, which is NWS Holdings 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 NWS Holdings' pink sheet expected returns. We can calculate the autocorrelation of NWS Holdings returns to help us make a trade decision. For example, suppose you find that NWS Holdings 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 |
NWS Holdings 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 NWS Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NWS Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NWS Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
NWS Holdings Lagged Returns
When evaluating NWS Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NWS Holdings pink sheet have on its future price. NWS Holdings 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, NWS Holdings autocorrelation shows the relationship between NWS Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in NWS Holdings Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in NWS Pink Sheet
NWS Holdings financial ratios help investors to determine whether NWS 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 NWS with respect to the benefits of owning NWS Holdings security.