Nsfocus Information's market value is the price at which a share of Nsfocus Information trades on a public exchange. It measures the collective expectations of Nsfocus Information Technology investors about its performance. Nsfocus Information is trading at 6.44 as of the 4th of January 2025, a 6.94 percent decrease since the beginning of the trading day. The stock's open price was 6.92. With this module, you can estimate the performance of a buy and hold strategy of Nsfocus Information Technology and determine expected loss or profit from investing in Nsfocus Information over a given investment horizon. Check out Nsfocus Information Correlation, Nsfocus Information Volatility and Nsfocus Information Alpha and Beta module to complement your research on Nsfocus Information.
Please note, there is a significant difference between Nsfocus Information's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nsfocus Information is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nsfocus Information's 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.
Nsfocus Information '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 Nsfocus Information'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 Nsfocus Information.
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11/05/2024
No Change 0.00
0.0
In 2 months and 2 days
01/04/2025
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If you would invest 0.00 in Nsfocus Information on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Nsfocus Information Technology or generate 0.0% return on investment in Nsfocus Information over 60 days. Nsfocus Information is related to or competes with New China, Ming Yang, Loctek Ergonomic, Yes Optoelectronics, Hunan Nanling, Guangdong Tianhe, and Shandong Ruifeng. Nsfocus Information is entity of China. It is traded as Stock on SHE exchange. More
Nsfocus Information 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 Nsfocus Information'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 Nsfocus Information Technology upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nsfocus Information's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nsfocus Information's standard deviation. In reality, there are many statistical measures that can use Nsfocus Information historical prices to predict the future Nsfocus Information's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Nsfocus Information. Your research has to be compared to or analyzed against Nsfocus Information's peers to derive any actionable benefits. When done correctly, Nsfocus Information's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Nsfocus Information.
Nsfocus Information Backtested Returns
Nsfocus Information has Sharpe Ratio of -0.14, which conveys that the firm had a -0.14% return per unit of risk over the last 3 months. Nsfocus Information exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nsfocus Information's Mean Deviation of 3.64, downside deviation of 4.48, and Risk Adjusted Performance of 0.0402 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.34, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nsfocus Information's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nsfocus Information is expected to be smaller as well. At this point, Nsfocus Information has a negative expected return of -0.55%. Please make sure to verify Nsfocus Information's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Nsfocus Information performance from the past will be repeated at some point in the near future.
Auto-correlation
0.60
Good predictability
Nsfocus Information Technology has good predictability. Overlapping area represents the amount of predictability between Nsfocus Information time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 Nsfocus Information price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Nsfocus Information price fluctuation can be explain by its past prices.
Correlation Coefficient
0.6
Spearman Rank Test
0.71
Residual Average
0.0
Price Variance
0.51
Nsfocus Information lagged returns against current returns
Autocorrelation, which is Nsfocus Information 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 Nsfocus Information's stock expected returns. We can calculate the autocorrelation of Nsfocus Information returns to help us make a trade decision. For example, suppose you find that Nsfocus Information 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
Nsfocus Information 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 Nsfocus Information stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nsfocus Information stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nsfocus Information stock over time.
Current vs Lagged Prices
Timeline
Nsfocus Information Lagged Returns
When evaluating Nsfocus Information's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nsfocus Information stock have on its future price. Nsfocus Information 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, Nsfocus Information autocorrelation shows the relationship between Nsfocus Information stock current value and its past values and can show if there is a momentum factor associated with investing in Nsfocus Information Technology.
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.
Nsfocus Information financial ratios help investors to determine whether Nsfocus 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 Nsfocus with respect to the benefits of owning Nsfocus Information security.