Nomura Funds (UK) Market Value
| 0P0001O04K | 12,937 84.94 0.65% |
| Symbol | Nomura |
Please note, there is a significant difference between Nomura Funds' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nomura Funds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nomura Funds' 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.
Nomura Funds '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 Nomura Funds' fund 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 Nomura Funds.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in Nomura Funds on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding Nomura Funds Ireland or generate 0.0% return on investment in Nomura Funds over 30 days. Nomura Funds is related to or competes with Polar Capital, and Africa Opportunity. Nomura Funds is entity of United Kingdom More
Nomura Funds 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 Nomura Funds' fund 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 Nomura Funds Ireland upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8775 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 4.74 | |||
| Value At Risk | (1.46) | |||
| Potential Upside | 1.48 |
Nomura Funds Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nomura Funds' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nomura Funds' standard deviation. In reality, there are many statistical measures that can use Nomura Funds historical prices to predict the future Nomura Funds' volatility.| Risk Adjusted Performance | 0.0043 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.06) |
Nomura Funds Ireland Backtested Returns
As of now, Nomura Fund is out of control. Nomura Funds Ireland has Sharpe Ratio of 0.0043, which conveys that the entity had a 0.0043% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nomura Funds, which you can use to evaluate the volatility of the fund. Please verify Nomura Funds' Downside Deviation of 0.8775, mean deviation of 0.6726, and Risk Adjusted Performance of 0.0043 to check out if the risk estimate we provide is consistent with the expected return of 0.0038%. The fund secures a Beta (Market Risk) of 0.0982, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nomura Funds' returns are expected to increase less than the market. However, during the bear market, the loss of holding Nomura Funds is expected to be smaller as well.
Auto-correlation | -0.88 |
Excellent reverse predictability
Nomura Funds Ireland has excellent reverse predictability. Overlapping area represents the amount of predictability between Nomura Funds time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nomura Funds Ireland price movement. The serial correlation of -0.88 indicates that approximately 88.0% of current Nomura Funds price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.88 | |
| Spearman Rank Test | -0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 29.8 K |
Nomura Funds Ireland lagged returns against current returns
Autocorrelation, which is Nomura Funds fund'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 Nomura Funds' fund expected returns. We can calculate the autocorrelation of Nomura Funds returns to help us make a trade decision. For example, suppose you find that Nomura Funds has exhibited high autocorrelation historically, and you observe that the fund 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 |
Nomura Funds 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 Nomura Funds fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nomura Funds fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nomura Funds fund over time.
Current vs Lagged Prices |
| Timeline |
Nomura Funds Lagged Returns
When evaluating Nomura Funds' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nomura Funds fund have on its future price. Nomura Funds 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, Nomura Funds autocorrelation shows the relationship between Nomura Funds fund current value and its past values and can show if there is a momentum factor associated with investing in Nomura Funds Ireland.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Nomura Fund
Nomura Funds financial ratios help investors to determine whether Nomura Fund 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 Nomura with respect to the benefits of owning Nomura Funds security.
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