Nexgram Holdings (Malaysia) Market Value

0096 Stock   0.02  0.01  33.33%   
Nexgram Holdings' market value is the price at which a share of Nexgram Holdings trades on a public exchange. It measures the collective expectations of Nexgram Holdings Bhd investors about its performance. Nexgram Holdings is selling for 0.02 as of the 17th of February 2025. This is a 33.33 percent increase since the beginning of the trading day. The stock's lowest day price was 0.015.
With this module, you can estimate the performance of a buy and hold strategy of Nexgram Holdings Bhd and determine expected loss or profit from investing in Nexgram Holdings over a given investment horizon. Check out Nexgram Holdings Correlation, Nexgram Holdings Volatility and Nexgram Holdings Alpha and Beta module to complement your research on Nexgram Holdings.
Symbol

Please note, there is a significant difference between Nexgram Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexgram Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexgram Holdings' 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.

Nexgram Holdings '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 Nexgram Holdings' 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 Nexgram Holdings.
0.00
07/28/2023
No Change 0.00  0.0 
In 1 year 6 months and 24 days
02/17/2025
0.00
If you would invest  0.00  in Nexgram Holdings on July 28, 2023 and sell it all today you would earn a total of 0.00 from holding Nexgram Holdings Bhd or generate 0.0% return on investment in Nexgram Holdings over 570 days. Nexgram Holdings is related to or competes with Ho Hup, Media Prima, Impiana Hotels, Tex Cycle, and Aurelius Technologies. More

Nexgram Holdings 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 Nexgram Holdings' 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 Nexgram Holdings Bhd upside and downside potential and time the market with a certain degree of confidence.

Nexgram Holdings Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Nexgram Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nexgram Holdings' standard deviation. In reality, there are many statistical measures that can use Nexgram Holdings historical prices to predict the future Nexgram Holdings' volatility.
Hype
Prediction
LowEstimatedHigh
0.000.0218.41
Details
Intrinsic
Valuation
LowRealHigh
0.000.0218.41
Details
Naive
Forecast
LowNextHigh
0.00040.0218.41
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.010.020.02
Details

Nexgram Holdings Bhd Backtested Returns

Nexgram Holdings is out of control given 3 months investment horizon. Nexgram Holdings Bhd has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11 % return per unit of risk over the last 3 months. We were able to analyze thirty different technical indicators, which can help you to evaluate if expected returns of 2.08% are justified by taking the suggested risk. Use Nexgram Holdings Bhd Downside Deviation of 26.11, risk adjusted performance of 0.088, and Mean Deviation of 12.34 to evaluate company specific risk that cannot be diversified away. Nexgram Holdings holds a performance score of 8 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 5.16, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nexgram Holdings will likely underperform. Use Nexgram Holdings Bhd jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to analyze future returns on Nexgram Holdings Bhd.

Auto-correlation

    
  -0.49  

Modest reverse predictability

Nexgram Holdings Bhd has modest reverse predictability. Overlapping area represents the amount of predictability between Nexgram Holdings time series from 28th of July 2023 to 8th of May 2024 and 8th of May 2024 to 17th of February 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 Nexgram Holdings Bhd price movement. The serial correlation of -0.49 indicates that about 49.0% of current Nexgram Holdings price fluctuation can be explain by its past prices.
Correlation Coefficient-0.49
Spearman Rank Test0.29
Residual Average0.0
Price Variance0.0
Nexgram ReturnsNexgram Lagged ReturnsDiversified AwayNexgram ReturnsNexgram Lagged ReturnsDiversified Away100%

Nexgram Holdings Bhd lagged returns against current returns

Autocorrelation, which is Nexgram Holdings 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 Nexgram Holdings' stock expected returns. We can calculate the autocorrelation of Nexgram Holdings returns to help us make a trade decision. For example, suppose you find that Nexgram Holdings 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   
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JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
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Nexgram Holdings 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 Nexgram Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nexgram Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nexgram Holdings stock over time.
   Current vs Lagged Prices   
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JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
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Nexgram Holdings Lagged Returns

When evaluating Nexgram Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nexgram Holdings stock have on its future price. Nexgram Holdings 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, Nexgram Holdings autocorrelation shows the relationship between Nexgram Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Nexgram Holdings Bhd.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15Oct2024AprJulOct20250.0100.0150.0200.0250.0300.0350.0400.0450.050
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
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Other Information on Investing in Nexgram Stock

Nexgram Holdings financial ratios help investors to determine whether Nexgram 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 Nexgram with respect to the benefits of owning Nexgram Holdings security.
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