Nestle Sa Stock Market Value
| NSRGF Stock | USD 101.15 0.43 0.42% |
| Symbol | Nestle |
Nestle SA '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 Nestle SA'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 Nestle SA.
| 02/16/2024 |
| 04/16/2024 |
If you would invest 0.00 in Nestle SA on February 16, 2024 and sell it all today you would earn a total of 0.00 from holding Nestle SA or generate 0.0% return on investment in Nestle SA over 60 days. Nestle SA is related to or competes with Artisan Consumer, A2 Milk, and A2 Milk. Nestl S.A., together with its subsidiaries, operates as a food and beverage company More
Nestle SA 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 Nestle SA'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 Nestle SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 8.34 | |||
| Value At Risk | (2.03) | |||
| Potential Upside | 1.42 |
Nestle SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nestle SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nestle SA's standard deviation. In reality, there are many statistical measures that can use Nestle SA historical prices to predict the future Nestle SA's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.58) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nestle SA'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.
Nestle SA Backtested Returns
Nestle SA has Sharpe Ratio of -0.13, which conveys that the firm had a -0.13% return per unit of risk over the last 3 months. Nestle SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nestle SA's Mean Deviation of 0.9412, risk adjusted performance of (0.09), and Standard Deviation of 1.25 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.34, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nestle SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nestle SA is expected to be smaller as well. Nestle SA has an expected return of -0.17%. Please make sure to verify Nestle SA kurtosis, as well as the relationship between the day median price and period momentum indicator , to decide if Nestle SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.14 |
Insignificant predictability
Nestle SA has insignificant predictability. Overlapping area represents the amount of predictability between Nestle SA time series from 16th of February 2024 to 17th of March 2024 and 17th of March 2024 to 16th of April 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 Nestle SA price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Nestle SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 2.91 |
Nestle SA lagged returns against current returns
Autocorrelation, which is Nestle SA 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 Nestle SA's pink sheet expected returns. We can calculate the autocorrelation of Nestle SA returns to help us make a trade decision. For example, suppose you find that Nestle SA 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 |
Nestle SA 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 Nestle SA pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nestle SA pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nestle SA pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Nestle SA Lagged Returns
When evaluating Nestle SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nestle SA pink sheet have on its future price. Nestle SA 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, Nestle SA autocorrelation shows the relationship between Nestle SA pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Nestle SA.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Nestle SA Correlation, Nestle SA Volatility and Nestle SA Alpha and Beta module to complement your research on Nestle SA. Note that the Nestle SA information on this page should be used as a complementary analysis to other Nestle SA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Nestle Pink Sheet analysis
When running Nestle SA's price analysis, check to measure Nestle SA'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 Nestle SA is operating at the current time. Most of Nestle SA's value examination focuses on studying past and present price action to predict the probability of Nestle SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nestle SA's price. Additionally, you may evaluate how the addition of Nestle SA to your portfolios can decrease your overall portfolio volatility.
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Nestle SA 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.