Neinor Homes (Germany) Market Value
| 1NN Stock | 15.80 0.14 0.88% |
| Symbol | Neinor |
Neinor Homes '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 Neinor Homes' 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 Neinor Homes.
| 01/18/2025 |
| 02/17/2025 |
If you would invest 0.00 in Neinor Homes on January 18, 2025 and sell it all today you would earn a total of 0.00 from holding Neinor Homes SA or generate 0.0% return on investment in Neinor Homes over 30 days. Neinor Homes is related to or competes with NAKED WINES, ASURE SOFTWARE, United States, Alfa Financial, Daido Steel, and MAANSHAN IRON. More
Neinor Homes 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 Neinor Homes' 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 Neinor Homes SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.2 | |||
| Information Ratio | 0.0926 | |||
| Maximum Drawdown | 7.78 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 3.0 |
Neinor Homes Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Neinor Homes' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Neinor Homes' standard deviation. In reality, there are many statistical measures that can use Neinor Homes historical prices to predict the future Neinor Homes' volatility.| Risk Adjusted Performance | 0.076 | |||
| Jensen Alpha | 0.1489 | |||
| Total Risk Alpha | 0.1464 | |||
| Sortino Ratio | 0.1227 | |||
| Treynor Ratio | 2.05 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Neinor Homes' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Neinor Homes SA Backtested Returns
Currently, Neinor Homes SA is very steady. Neinor Homes SA has Sharpe Ratio of 0.0995, which conveys that the firm had a 0.0995 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Neinor Homes, which you can use to evaluate the volatility of the firm. Please verify Neinor Homes' Mean Deviation of 1.25, downside deviation of 1.2, and Risk Adjusted Performance of 0.076 to check out if the risk estimate we provide is consistent with the expected return of 0.16%. Neinor Homes has a performance score of 7 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0726, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Neinor Homes' returns are expected to increase less than the market. However, during the bear market, the loss of holding Neinor Homes is expected to be smaller as well. Neinor Homes SA right now secures a risk of 1.6%. Please verify Neinor Homes SA treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to decide if Neinor Homes SA will be following its current price movements.
Auto-correlation | -0.51 |
Good reverse predictability
Neinor Homes SA has good reverse predictability. Overlapping area represents the amount of predictability between Neinor Homes time series from 18th of January 2025 to 2nd of February 2025 and 2nd of February 2025 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 Neinor Homes SA price movement. The serial correlation of -0.51 indicates that about 51.0% of current Neinor Homes price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Neinor Homes SA lagged returns against current returns
Autocorrelation, which is Neinor Homes 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 Neinor Homes' stock expected returns. We can calculate the autocorrelation of Neinor Homes returns to help us make a trade decision. For example, suppose you find that Neinor Homes 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 |
Neinor Homes 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 Neinor Homes stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Neinor Homes stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Neinor Homes stock over time.
Current vs Lagged Prices |
| Timeline |
Neinor Homes Lagged Returns
When evaluating Neinor Homes' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Neinor Homes stock have on its future price. Neinor Homes 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, Neinor Homes autocorrelation shows the relationship between Neinor Homes stock current value and its past values and can show if there is a momentum factor associated with investing in Neinor Homes SA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Neinor Stock Analysis
When running Neinor Homes' price analysis, check to measure Neinor Homes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Neinor Homes is operating at the current time. Most of Neinor Homes' value examination focuses on studying past and present price action to predict the probability of Neinor Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neinor Homes' price. Additionally, you may evaluate how the addition of Neinor Homes to your portfolios can decrease your overall portfolio volatility.