Nzx Limited Stock Market Value

NZSTF Stock  USD 0.59  0.00  0.00%   
NZX's market value is the price at which a share of NZX trades on a public exchange. It measures the collective expectations of NZX Limited investors about its performance. NZX is trading at 0.59 as of the 28th of March 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.59.
With this module, you can estimate the performance of a buy and hold strategy of NZX Limited and determine expected loss or profit from investing in NZX over a given investment horizon. Check out NZX Correlation, NZX Volatility and NZX Alpha and Beta module to complement your research on NZX.
Symbol

Please note, there is a significant difference between NZX's value and its price as these two are different measures arrived at by different means. Investors typically determine if NZX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NZX's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

NZX '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 NZX'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 NZX.
0.00
04/08/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/28/2024
0.00
If you would invest  0.00  in NZX on April 8, 2022 and sell it all today you would earn a total of 0.00 from holding NZX Limited or generate 0.0% return on investment in NZX over 720 days. NZX is related to or competes with Alaska Air, Ryanair Holdings, Hillman Solutions, Skechers USA, Delta Air, and United Guardian. The company operates through five segments Capital Markets Origination, Secondary Markets, Data Insights, Funds Manageme... More

NZX 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 NZX'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 NZX Limited upside and downside potential and time the market with a certain degree of confidence.

NZX Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for NZX's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NZX's standard deviation. In reality, there are many statistical measures that can use NZX historical prices to predict the future NZX's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NZX'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.
Hype
Prediction
LowEstimatedHigh
0.030.591.27
Details
Intrinsic
Valuation
LowRealHigh
0.020.491.17
Details
Naive
Forecast
LowNextHigh
0.010.591.27
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.540.570.60
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as NZX. Your research has to be compared to or analyzed against NZX's peers to derive any actionable benefits. When done correctly, NZX's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in NZX Limited.

NZX Limited Backtested Returns

We consider NZX risky. NZX 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. We have found seventeen technical indicators for NZX, which you can use to evaluate the volatility of the firm. Please verify NZX's Market Risk Adjusted Performance of (0.40), mean deviation of 0.17, and Risk Adjusted Performance of 0.0724 to check out if the risk estimate we provide is consistent with the expected return of 0.0864%. NZX has a performance score of 9 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.19, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NZX are expected to decrease at a much lower rate. During the bear market, NZX is likely to outperform the market. NZX Limited right now secures a risk of 0.68%. Please verify NZX Limited risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis , to decide if NZX Limited will be following its current price movements.

Auto-correlation

    
  0.07  

Virtually no predictability

NZX Limited has virtually no predictability. Overlapping area represents the amount of predictability between NZX time series from 8th of April 2022 to 3rd of April 2023 and 3rd of April 2023 to 28th of March 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 NZX Limited price movement. The serial correlation of 0.07 indicates that barely 7.0% of current NZX price fluctuation can be explain by its past prices.
Correlation Coefficient0.07
Spearman Rank Test-0.48
Residual Average0.0
Price Variance0.0

NZX Limited lagged returns against current returns

Autocorrelation, which is NZX 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 NZX's pink sheet expected returns. We can calculate the autocorrelation of NZX returns to help us make a trade decision. For example, suppose you find that NZX 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  

NZX 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 NZX pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NZX pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NZX pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

NZX Lagged Returns

When evaluating NZX's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NZX pink sheet have on its future price. NZX 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, NZX autocorrelation shows the relationship between NZX pink sheet current value and its past values and can show if there is a momentum factor associated with investing in NZX Limited.
   Regressed Prices   
       Timeline  

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Check out NZX Correlation, NZX Volatility and NZX Alpha and Beta module to complement your research on NZX.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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When running NZX's price analysis, check to measure NZX'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 NZX is operating at the current time. Most of NZX's value examination focuses on studying past and present price action to predict the probability of NZX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NZX's price. Additionally, you may evaluate how the addition of NZX to your portfolios can decrease your overall portfolio volatility.
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NZX technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
A focus of NZX technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of NZX trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...