Nexon Co Stock Market Value
| NEXOF Stock | USD 18.40 0.88 4.56% |
| Symbol | NEXON |
NEXON '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 NEXON'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 NEXON.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in NEXON on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding NEXON Co or generate 0.0% return on investment in NEXON over 90 days. NEXON is related to or competes with Nexon Co, NetEase, Aristocrat Leisure, Capcom Co, and BANDAI NAMCO. NEXON Co., Ltd. produces, develops, and services PC online and mobile games More
NEXON 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 NEXON'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 NEXON Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1221 | |||
| Maximum Drawdown | 39.2 | |||
| Potential Upside | 4.14 |
NEXON Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NEXON's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NEXON's standard deviation. In reality, there are many statistical measures that can use NEXON historical prices to predict the future NEXON's volatility.| Risk Adjusted Performance | 0.149 | |||
| Jensen Alpha | 0.7011 | |||
| Total Risk Alpha | 0.0431 | |||
| Treynor Ratio | 3.52 |
NEXON Backtested Returns
NEXON appears to be not too volatile, given 3 months investment horizon. NEXON has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16 % return per unit of standard deviation over the last 3 months. By inspecting NEXON's technical indicators, you can evaluate if the expected return of 0.79% is justified by implied risk. Please exercise NEXON's Mean Deviation of 1.9, risk adjusted performance of 0.149, and Market Risk Adjusted Performance of 3.53 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, NEXON holds a performance score of 12. The company secures a Beta (Market Risk) of 0.21, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NEXON's returns are expected to increase less than the market. However, during the bear market, the loss of holding NEXON is expected to be smaller as well. Please check NEXON's skewness, rate of daily change, as well as the relationship between the Rate Of Daily Change and price action indicator , to make a quick decision on whether NEXON's current price movements will revert.
Auto-correlation | 0.38 |
Below average predictability
NEXON Co has below average predictability. Overlapping area represents the amount of predictability between NEXON 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 NEXON price movement. The serial correlation of 0.38 indicates that just about 38.0% of current NEXON price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 1.0 |
NEXON lagged returns against current returns
Autocorrelation, which is NEXON 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 NEXON's pink sheet expected returns. We can calculate the autocorrelation of NEXON returns to help us make a trade decision. For example, suppose you find that NEXON 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 |
NEXON 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 NEXON pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NEXON pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NEXON pink sheet over time.
Current vs Lagged Prices |
| Timeline |
NEXON Lagged Returns
When evaluating NEXON's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NEXON pink sheet have on its future price. NEXON 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, NEXON autocorrelation shows the relationship between NEXON pink sheet current value and its past values and can show if there is a momentum factor associated with investing in NEXON Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in NEXON Pink Sheet
NEXON financial ratios help investors to determine whether NEXON Pink Sheet 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 NEXON with respect to the benefits of owning NEXON security.