Nutanix (Germany) Market Value
| 0NU Stock | EUR 61.32 0.66 1.09% |
| Symbol | Nutanix |
Nutanix '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 Nutanix'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 Nutanix.
| 10/15/2024 |
| 01/13/2025 |
If you would invest 0.00 in Nutanix on October 15, 2024 and sell it all today you would earn a total of 0.00 from holding Nutanix or generate 0.0% return on investment in Nutanix over 90 days. Nutanix is related to or competes with Ubisoft Entertainment, AGRICULTBK HADR25, Tokyu Construction, RCS MediaGroup, and Fuji Media. Nutanix, Inc., together with its subsidiaries, develops and provides an enterprise cloud platform in North America, Euro... More
Nutanix 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 Nutanix'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 Nutanix upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.27 | |||
| Information Ratio | 0.0719 | |||
| Maximum Drawdown | 13.16 | |||
| Value At Risk | (3.30) | |||
| Potential Upside | 3.94 |
Nutanix Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nutanix's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nutanix's standard deviation. In reality, there are many statistical measures that can use Nutanix historical prices to predict the future Nutanix's volatility.| Risk Adjusted Performance | 0.065 | |||
| Jensen Alpha | 0.1662 | |||
| Total Risk Alpha | 0.1934 | |||
| Sortino Ratio | 0.0753 | |||
| Treynor Ratio | 0.2682 |
Nutanix Backtested Returns
At this point, Nutanix is very steady. Nutanix has Sharpe Ratio of 0.0405, which conveys that the firm had a 0.0405% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nutanix, which you can use to evaluate the volatility of the firm. Please verify Nutanix's Mean Deviation of 1.75, downside deviation of 2.27, and Risk Adjusted Performance of 0.065 to check out if the risk estimate we provide is consistent with the expected return of 0.0985%. Nutanix has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.59, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nutanix's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nutanix is expected to be smaller as well. Nutanix right now secures a risk of 2.43%. Please verify Nutanix maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to decide if Nutanix will be following its current price movements.
Auto-correlation | -0.65 |
Very good reverse predictability
Nutanix has very good reverse predictability. Overlapping area represents the amount of predictability between Nutanix time series from 15th of October 2024 to 29th of November 2024 and 29th of November 2024 to 13th of January 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 Nutanix price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Nutanix price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 2.53 |
Nutanix lagged returns against current returns
Autocorrelation, which is Nutanix 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 Nutanix's stock expected returns. We can calculate the autocorrelation of Nutanix returns to help us make a trade decision. For example, suppose you find that Nutanix 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 |
Nutanix 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 Nutanix stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nutanix stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nutanix stock over time.
Current vs Lagged Prices |
| Timeline |
Nutanix Lagged Returns
When evaluating Nutanix's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nutanix stock have on its future price. Nutanix 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, Nutanix autocorrelation shows the relationship between Nutanix stock current value and its past values and can show if there is a momentum factor associated with investing in Nutanix.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in Nutanix Stock
When determining whether Nutanix offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nutanix's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nutanix Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nutanix Stock:Check out Nutanix Correlation, Nutanix Volatility and Nutanix Alpha and Beta module to complement your research on Nutanix. For more detail on how to invest in Nutanix Stock please use our How to Invest in Nutanix guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Nutanix technical 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.