Next10 Inc Stock Market Value
| NXTN Stock | USD 1.00 0.10 11.11% |
| Symbol | Next10 |
Next10 '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 Next10's 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 Next10.
| 06/28/2025 |
| 12/25/2025 |
If you would invest 0.00 in Next10 on June 28, 2025 and sell it all today you would earn a total of 0.00 from holding Next10 Inc or generate 0.0% return on investment in Next10 over 180 days. Next10 is related to or competes with IBC Advanced, Moro Corp, Cardno, and Omni-Lite Industries. Next10, Inc. engages in the development, manufacture, and sale of security systems for the cargo transportation industry... More
Next10 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 Next10's 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 Next10 Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 31.93 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 5.26 |
Next10 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Next10's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Next10's standard deviation. In reality, there are many statistical measures that can use Next10 historical prices to predict the future Next10's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | 0.1907 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Next10'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.
Next10 Inc Backtested Returns
Next10 Inc has Sharpe Ratio of -0.024, which conveys that the firm had a -0.024 % return per unit of risk over the last 3 months. Next10 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Next10's Mean Deviation of 2.18, standard deviation of 5.58, and Risk Adjusted Performance of (0.01) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.74, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Next10 are expected to decrease at a much lower rate. During the bear market, Next10 is likely to outperform the market. At this point, Next10 Inc has a negative expected return of -0.14%. Please make sure to verify Next10's information ratio, as well as the relationship between the kurtosis and period momentum indicator , to decide if Next10 Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.56 |
Good reverse predictability
Next10 Inc has good reverse predictability. Overlapping area represents the amount of predictability between Next10 time series from 28th of June 2025 to 26th of September 2025 and 26th of September 2025 to 25th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Next10 Inc price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Next10 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Next10 Inc lagged returns against current returns
Autocorrelation, which is Next10 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 Next10's pink sheet expected returns. We can calculate the autocorrelation of Next10 returns to help us make a trade decision. For example, suppose you find that Next10 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 |
Next10 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 Next10 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Next10 pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Next10 pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Next10 Lagged Returns
When evaluating Next10's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Next10 pink sheet have on its future price. Next10 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, Next10 autocorrelation shows the relationship between Next10 pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Next10 Inc.
Regressed Prices |
| Timeline |
Pair Trading with Next10
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Next10 position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Next10 will appreciate offsetting losses from the drop in the long position's value.Moving against Next10 Pink Sheet
| 0.61 | KEP | Korea Electric Power | PairCorr |
| 0.61 | PTITF | PT Indosat Tbk | PairCorr |
| 0.57 | PTAIY | Astra International Tbk | PairCorr |
| 0.55 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.51 | EC | Ecopetrol SA ADR | PairCorr |
The ability to find closely correlated positions to Next10 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Next10 when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Next10 - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Next10 Inc to buy it.
The correlation of Next10 is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Next10 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Next10 Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Next10 can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Next10 Pink Sheet
Next10 financial ratios help investors to determine whether Next10 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 Next10 with respect to the benefits of owning Next10 security.