Nippon Telegraph (Germany) Market Value
| NLV Stock | EUR 21.40 0.20 0.94% |
| Symbol | Nippon |
Nippon Telegraph '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 Nippon Telegraph'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 Nippon Telegraph.
| 07/01/2022 |
| 06/20/2024 |
If you would invest 0.00 in Nippon Telegraph on July 1, 2022 and sell it all today you would earn a total of 0.00 from holding Nippon Telegraph and or generate 0.0% return on investment in Nippon Telegraph over 720 days. Nippon Telegraph is related to or competes with Deutsche Telekom, NMI Holdings, NorAm Drilling, SIVERS SEMICONDUCTORS, Norsk Hydro, Reliance Steel, and RYOHIN UNSPADR1. Nippon Telegraph and Telephone Corporation, through its subsidiaries, provides fixed voice-related, mobile voice-related... More
Nippon Telegraph 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 Nippon Telegraph'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 Nippon Telegraph and upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 6.64 | |||
| Value At Risk | (2.22) | |||
| Potential Upside | 1.82 |
Nippon Telegraph Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nippon Telegraph's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nippon Telegraph's standard deviation. In reality, there are many statistical measures that can use Nippon Telegraph historical prices to predict the future Nippon Telegraph's volatility.| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | 154.27 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nippon Telegraph'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.
Nippon Telegraph Backtested Returns
Nippon Telegraph has Sharpe Ratio of -0.33, which conveys that the firm had a -0.33% return per unit of risk over the last 3 months. Nippon Telegraph exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nippon Telegraph's Risk Adjusted Performance of (0.18), mean deviation of 0.9938, and Standard Deviation of 1.27 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0025, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nippon Telegraph are expected to decrease at a much lower rate. During the bear market, Nippon Telegraph is likely to outperform the market. At this point, Nippon Telegraph has a negative expected return of -0.41%. Please make sure to verify Nippon Telegraph's accumulation distribution, day typical price, and the relationship between the skewness and rate of daily change , to decide if Nippon Telegraph performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.01 |
Very weak reverse predictability
Nippon Telegraph and has very weak reverse predictability. Overlapping area represents the amount of predictability between Nippon Telegraph time series from 1st of July 2022 to 26th of June 2023 and 26th of June 2023 to 20th of June 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 Nippon Telegraph price movement. The serial correlation of -0.01 indicates that just 1.0% of current Nippon Telegraph price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 3.03 |
Nippon Telegraph lagged returns against current returns
Autocorrelation, which is Nippon Telegraph 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 Nippon Telegraph's stock expected returns. We can calculate the autocorrelation of Nippon Telegraph returns to help us make a trade decision. For example, suppose you find that Nippon Telegraph 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 |
Nippon Telegraph 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 Nippon Telegraph stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nippon Telegraph stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nippon Telegraph stock over time.
Current vs Lagged Prices |
| Timeline |
Nippon Telegraph Lagged Returns
When evaluating Nippon Telegraph's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nippon Telegraph stock have on its future price. Nippon Telegraph 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, Nippon Telegraph autocorrelation shows the relationship between Nippon Telegraph stock current value and its past values and can show if there is a momentum factor associated with investing in Nippon Telegraph and.
Regressed Prices |
| Timeline |
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Other Information on Investing in Nippon Stock
Nippon Telegraph financial ratios help investors to determine whether Nippon Stock 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 Nippon with respect to the benefits of owning Nippon Telegraph security.