Nippon Yusen Kabushiki Stock Market Value
| NPNYY Stock | USD 5.31 0.15 2.75% |
| Symbol | Nippon |
Nippon Yusen '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 Yusen'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 Nippon Yusen.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Nippon Yusen on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Nippon Yusen Kabushiki or generate 0.0% return on investment in Nippon Yusen over 30 days. Nippon Yusen is related to or competes with Hapag-Lloyd Aktiengesellscha, Hapag Lloyd, Orient Overseas. Nippon Yusen Kabushiki Kaisha provides marine, land, and air transportation services worldwide More
Nippon Yusen 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 Yusen'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 Nippon Yusen Kabushiki upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 10.34 | |||
| Value At Risk | (3.17) | |||
| Potential Upside | 2.91 |
Nippon Yusen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nippon Yusen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nippon Yusen's standard deviation. In reality, there are many statistical measures that can use Nippon Yusen historical prices to predict the future Nippon Yusen's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | (0.97) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nippon Yusen'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 Yusen Kabushiki Backtested Returns
Nippon Yusen Kabushiki has Sharpe Ratio of -0.2, which conveys that the firm had a -0.2% return per unit of risk over the last 3 months. Nippon Yusen exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nippon Yusen's Standard Deviation of 1.97, mean deviation of 1.51, and Risk Adjusted Performance of (0.10) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.36, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nippon Yusen's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nippon Yusen is expected to be smaller as well. Nippon Yusen Kabushiki has an expected return of -0.4%. Please make sure to verify Nippon Yusen Kabushiki accumulation distribution, and the relationship between the potential upside and day median price , to decide if Nippon Yusen Kabushiki performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.14 |
Insignificant predictability
Nippon Yusen Kabushiki has insignificant predictability. Overlapping area represents the amount of predictability between Nippon Yusen time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th 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 Nippon Yusen Kabushiki price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Nippon Yusen price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Nippon Yusen Kabushiki lagged returns against current returns
Autocorrelation, which is Nippon Yusen 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 Nippon Yusen's pink sheet expected returns. We can calculate the autocorrelation of Nippon Yusen returns to help us make a trade decision. For example, suppose you find that Nippon Yusen 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 |
Nippon Yusen 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 Yusen pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nippon Yusen pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nippon Yusen pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Nippon Yusen Lagged Returns
When evaluating Nippon Yusen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nippon Yusen pink sheet have on its future price. Nippon Yusen 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 Yusen autocorrelation shows the relationship between Nippon Yusen pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Nippon Yusen Kabushiki.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nippon Yusen in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nippon Yusen's short interest history, or implied volatility extrapolated from Nippon Yusen options trading.
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Complementary Tools for Nippon Pink Sheet analysis
When running Nippon Yusen's price analysis, check to measure Nippon Yusen'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 Nippon Yusen is operating at the current time. Most of Nippon Yusen's value examination focuses on studying past and present price action to predict the probability of Nippon Yusen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nippon Yusen's price. Additionally, you may evaluate how the addition of Nippon Yusen to your portfolios can decrease your overall portfolio volatility.
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Nippon Yusen 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.