NEXTDC (Germany) Market Value
| 2NX Stock | EUR 7.65 0.15 2.00% |
| Symbol | NEXTDC |
NEXTDC '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 NEXTDC'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 NEXTDC.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in NEXTDC on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding NEXTDC LTD or generate 0.0% return on investment in NEXTDC over 90 days. NEXTDC is related to or competes with Uber Technologies, China BlueChemical, Mitsubishi Gas, KINGBOARD CHEMICAL, HELIOS TECHS, SILICON LABORATOR, and Amkor Technology. NEXTDC Limited provides data center outsourcing solutions, connectivity services, and infrastructure management software... More
NEXTDC 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 NEXTDC'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 NEXTDC LTD upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.24 | |||
| Information Ratio | 0.0747 | |||
| Maximum Drawdown | 16.68 | |||
| Value At Risk | (4.91) | |||
| Potential Upside | 6.58 |
NEXTDC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NEXTDC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NEXTDC's standard deviation. In reality, there are many statistical measures that can use NEXTDC historical prices to predict the future NEXTDC's volatility.| Risk Adjusted Performance | 0.1175 | |||
| Jensen Alpha | 0.3802 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0745 | |||
| Treynor Ratio | (6.07) |
NEXTDC LTD Backtested Returns
NEXTDC appears to be slightly risky, given 3 months investment horizon. NEXTDC LTD has Sharpe Ratio of 0.18, which conveys that the firm had a 0.18 % return per unit of standard deviation over the last 3 months. By inspecting NEXTDC's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please exercise NEXTDC's Mean Deviation of 2.3, market risk adjusted performance of (6.06), and Risk Adjusted Performance of 0.1175 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, NEXTDC holds a performance score of 14. The company secures a Beta (Market Risk) of -0.0613, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NEXTDC are expected to decrease at a much lower rate. During the bear market, NEXTDC is likely to outperform the market. Please check NEXTDC's total risk alpha, value at risk, expected short fall, as well as the relationship between the treynor ratio and downside variance , to make a quick decision on whether NEXTDC's current price movements will revert.
Auto-correlation | 0.04 |
Virtually no predictability
NEXTDC LTD has virtually no predictability. Overlapping area represents the amount of predictability between NEXTDC time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of NEXTDC LTD price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current NEXTDC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
NEXTDC LTD lagged returns against current returns
Autocorrelation, which is NEXTDC 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 NEXTDC's stock expected returns. We can calculate the autocorrelation of NEXTDC returns to help us make a trade decision. For example, suppose you find that NEXTDC 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 |
NEXTDC 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 NEXTDC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NEXTDC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NEXTDC stock over time.
Current vs Lagged Prices |
| Timeline |
NEXTDC Lagged Returns
When evaluating NEXTDC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NEXTDC stock have on its future price. NEXTDC 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, NEXTDC autocorrelation shows the relationship between NEXTDC stock current value and its past values and can show if there is a momentum factor associated with investing in NEXTDC LTD.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in NEXTDC Stock
NEXTDC financial ratios help investors to determine whether NEXTDC 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 NEXTDC with respect to the benefits of owning NEXTDC security.