Nintendo OTC Stock Market Value

NTDOF -  USA Stock  

USD 458.71  2.45  0.53%

Nintendo Ltd-Ord's market value is the price at which a share of Nintendo Ltd-Ord stock trades on a public exchange. It measures the collective expectations of Nintendo Ltd-Ord investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Nintendo Ltd-Ord and determine expected loss or profit from investing in Nintendo Ltd-Ord over a given investment horizon. Additionally, see Nintendo Ltd-Ord Hype Analysis, Nintendo Ltd-Ord Correlation, Nintendo Ltd-Ord Valuation, Nintendo Ltd-Ord Volatility, as well as analyze Nintendo Ltd-Ord Alpha and Beta and Nintendo Ltd-Ord Performance.
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Is Nintendo Ltd-Ord's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nintendo Ltd-Ord. If investors know Nintendo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nintendo Ltd-Ord listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Nintendo Ltd-Ord is measured differently than its book value, which is the value of Nintendo that is recorded on the company's balance sheet. Investors also form their own opinion of Nintendo Ltd-Ord's value that differs from its market value or its book value, called intrinsic value, which is Nintendo Ltd-Ord's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nintendo Ltd-Ord's market value can be influenced by many factors that don't directly affect Nintendo Ltd-Ord's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nintendo Ltd-Ord's value and its price as these two are different measures arrived at by different means. Investors typically determine Nintendo Ltd-Ord value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nintendo Ltd-Ord'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.

Nintendo Ltd-Ord '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 Nintendo Ltd-Ord's otc 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 Nintendo Ltd-Ord.
0.00
04/20/2022
No Change 0.00  0.0 
In 31 days
05/20/2022
0.00
If you would invest  0.00  in Nintendo Ltd-Ord on April 20, 2022 and sell it all today you would earn a total of 0.00 from holding Nintendo Ltd-Ord or generate 0.0% return on investment in Nintendo Ltd-Ord over 30 days. Nintendo Ltd-Ord is related to or competes with Netease Inc, Activision Blizzard, and Aristocrat Leisure. Nintendo Co., Ltd., together with its subsidiaries, develops, manufactures, and distributes electronic entertainment pro...

Nintendo Ltd-Ord 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 Nintendo Ltd-Ord's otc 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 Nintendo Ltd-Ord upside and downside potential and time the market with a certain degree of confidence.

Nintendo Ltd-Ord Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Nintendo Ltd-Ord's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nintendo Ltd-Ord's standard deviation. In reality, there are many statistical measures that can use Nintendo Ltd-Ord historical prices to predict the future Nintendo Ltd-Ord's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Nintendo Ltd-Ord'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. Please use the tools below to analyze the current value of Nintendo Ltd-Ord in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
459.38461.16462.94
Details
Intrinsic
Valuation
LowReal ValueHigh
393.48395.26507.28
Details
Naive
Forecast
LowNext ValueHigh
476.12477.90479.68
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
411.94461.38510.82
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Nintendo Ltd-Ord. Your research has to be compared to or analyzed against Nintendo Ltd-Ord's peers to derive any actionable benefits. When done correctly, Nintendo Ltd-Ord's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Nintendo Ltd-Ord.

Nintendo Ltd-Ord Backtested Returns

Nintendo Ltd-Ord has Sharpe Ratio of -0.0628, which conveys that the firm had -0.0628% of return per unit of risk over the last 3 months. Macroaxis standpoint towards estimating the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Nintendo Ltd-Ord exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Nintendo Ltd-Ord mean deviation of 1.34, and Risk Adjusted Performance of (0.06) to check out the risk estimate we provide.
The company secures a Beta (Market Risk) of 0.0074, which conveys not very significant fluctuations relative to the market. Let's try to break down what Nintendo's beta means in this case. As returns on the market increase, Nintendo Ltd-Ord returns are expected to increase less than the market. However, during the bear market, the loss on holding Nintendo Ltd-Ord will be expected to be smaller as well. Even though it is essential to pay attention to Nintendo Ltd-Ord price patterns, it is always good to be careful when utilizing equity historical price patterns. Our philosophy towards estimating any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Nintendo Ltd-Ord exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Nintendo Ltd-Ord has an expected return of -0.11%. Please be advised to verify Nintendo Ltd-Ord downside variance, and the relationship between the treynor ratio and kurtosis to decide if Nintendo Ltd-Ord performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.71  

Almost perfect reverse predictability

Nintendo Ltd-Ord has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Nintendo Ltd-Ord time series from 20th of April 2022 to 5th of May 2022 and 5th of May 2022 to 20th of May 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nintendo Ltd-Ord price movement. The serial correlation of -0.71 indicates that around 71.0% of current Nintendo Ltd-Ord price fluctuation can be explain by its past prices.
Correlation Coefficient-0.71
Spearman Rank Test-0.63
Residual Average0.0
Price Variance111.02

Nintendo Ltd-Ord lagged returns against current returns

Autocorrelation, which is Nintendo Ltd-Ord otc 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 Nintendo Ltd-Ord's otc stock expected returns. We can calculate the autocorrelation of Nintendo Ltd-Ord returns to help us make a trade decision. For example, suppose you find that Nintendo Ltd-Ord otc stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

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

Nintendo Ltd-Ord Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Nintendo Ltd-Ord without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, see Nintendo Ltd-Ord Hype Analysis, Nintendo Ltd-Ord Correlation, Nintendo Ltd-Ord Valuation, Nintendo Ltd-Ord Volatility, as well as analyze Nintendo Ltd-Ord Alpha and Beta and Nintendo Ltd-Ord Performance. Note that the Nintendo Ltd-Ord information on this page should be used as a complementary analysis to other Nintendo Ltd-Ord'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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for Nintendo OTC Stock analysis

When running Nintendo Ltd-Ord price analysis, check to measure Nintendo Ltd-Ord'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 Nintendo Ltd-Ord is operating at the current time. Most of Nintendo Ltd-Ord's value examination focuses on studying past and present price action to predict the probability of Nintendo Ltd-Ord's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Nintendo Ltd-Ord's price. Additionally, you may evaluate how the addition of Nintendo Ltd-Ord to your portfolios can decrease your overall portfolio volatility.
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Nintendo Ltd-Ord technical otc stock 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, stock market cycles, or different charting patterns.
A focus of Nintendo Ltd-Ord technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nintendo Ltd-Ord 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...