Nippon Light (Germany) Market Value
| N9L Stock | EUR 9.35 0.05 0.53% |
| Symbol | Nippon |
Nippon Light '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 Light'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 Light.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Nippon Light on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Nippon Light Metal or generate 0.0% return on investment in Nippon Light over 90 days. Nippon Light is related to or competes with Collins Foods, Cal Maine, High Liner, Astral Foods, National Beverage, EBRO FOODS, and CAL MAINE. More
Nippon Light 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 Light'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 Light Metal upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.16 | |||
| Information Ratio | 0.0087 | |||
| Maximum Drawdown | 5.88 | |||
| Value At Risk | (1.58) | |||
| Potential Upside | 1.15 |
Nippon Light Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nippon Light's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nippon Light's standard deviation. In reality, there are many statistical measures that can use Nippon Light historical prices to predict the future Nippon Light's volatility.| Risk Adjusted Performance | 0.1352 | |||
| Jensen Alpha | 0.1272 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0078 | |||
| Treynor Ratio | 1.45 |
Nippon Light Metal Backtested Returns
At this point, Nippon Light is very steady. Nippon Light Metal has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Nippon Light, which you can use to evaluate the volatility of the firm. Please verify Nippon Light's Mean Deviation of 0.8143, risk adjusted performance of 0.1352, and Downside Deviation of 1.16 to check out if the risk estimate we provide is consistent with the expected return of 0.12%. Nippon Light has a performance score of 9 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0967, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nippon Light's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nippon Light is expected to be smaller as well. Nippon Light Metal right now secures a risk of 1.02%. Please verify Nippon Light Metal total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Nippon Light Metal will be following its current price movements.
Auto-correlation | -0.32 |
Poor reverse predictability
Nippon Light Metal has poor reverse predictability. Overlapping area represents the amount of predictability between Nippon Light 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 Nippon Light Metal price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Nippon Light price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Nippon Light Metal lagged returns against current returns
Autocorrelation, which is Nippon Light 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 Light's stock expected returns. We can calculate the autocorrelation of Nippon Light returns to help us make a trade decision. For example, suppose you find that Nippon Light 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 Light 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 Light stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nippon Light stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nippon Light stock over time.
Current vs Lagged Prices |
| Timeline |
Nippon Light Lagged Returns
When evaluating Nippon Light's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nippon Light stock have on its future price. Nippon Light 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 Light autocorrelation shows the relationship between Nippon Light stock current value and its past values and can show if there is a momentum factor associated with investing in Nippon Light Metal.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Nippon Stock
Nippon Light 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 Light security.