4iG Nyrt's market value is the price at which a share of 4iG Nyrt trades on a public exchange. It measures the collective expectations of 4iG Nyrt investors about its performance. 4iG Nyrt is trading at 1650.00 as of the 16th of March 2025, a 1.43% down since the beginning of the trading day. The stock's lowest day price was 1628.0. With this module, you can estimate the performance of a buy and hold strategy of 4iG Nyrt and determine expected loss or profit from investing in 4iG Nyrt over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Symbol
4iG
4iG Nyrt '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 4iG Nyrt'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 4iG Nyrt.
0.00
12/16/2024
No Change 0.00
0.0
In 3 months and 1 day
03/16/2025
0.00
If you would invest 0.00 in 4iG Nyrt on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding 4iG Nyrt or generate 0.0% return on investment in 4iG Nyrt over 90 days.
4iG Nyrt 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 4iG Nyrt'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 4iG Nyrt 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 4iG Nyrt's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 4iG Nyrt's standard deviation. In reality, there are many statistical measures that can use 4iG Nyrt historical prices to predict the future 4iG Nyrt's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as 4iG Nyrt. Your research has to be compared to or analyzed against 4iG Nyrt's peers to derive any actionable benefits. When done correctly, 4iG Nyrt'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 4iG Nyrt.
4iG Nyrt Backtested Returns
4iG Nyrt is very steady given 3 months investment horizon. 4iG Nyrt secures Sharpe Ratio (or Efficiency) of 0.28, which signifies that the company had a 0.28 % return per unit of price deviation over the last 3 months. We were able to break down thirty different technical indicators, which can help you to evaluate if expected returns of 1.09% are justified by taking the suggested risk. Use 4iG Nyrt Risk Adjusted Performance of 0.2712, mean deviation of 2.78, and Coefficient Of Variation of 330.41 to evaluate company specific risk that cannot be diversified away. 4iG Nyrt holds a performance score of 22 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.6, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 4iG Nyrt's returns are expected to increase less than the market. However, during the bear market, the loss of holding 4iG Nyrt is expected to be smaller as well. Use 4iG Nyrt market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to analyze future returns on 4iG Nyrt.
Auto-correlation
0.77
Good predictability
4iG Nyrt has good predictability. Overlapping area represents the amount of predictability between 4iG Nyrt time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 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 4iG Nyrt price movement. The serial correlation of 0.77 indicates that around 77.0% of current 4iG Nyrt price fluctuation can be explain by its past prices.
Correlation Coefficient
0.77
Spearman Rank Test
0.85
Residual Average
0.0
Price Variance
20.7 K
4iG Nyrt lagged returns against current returns
Autocorrelation, which is 4iG Nyrt 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 4iG Nyrt's stock expected returns. We can calculate the autocorrelation of 4iG Nyrt returns to help us make a trade decision. For example, suppose you find that 4iG Nyrt 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
4iG Nyrt 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 4iG Nyrt stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 4iG Nyrt stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 4iG Nyrt stock over time.
Current vs Lagged Prices
Timeline
4iG Nyrt Lagged Returns
When evaluating 4iG Nyrt's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 4iG Nyrt stock have on its future price. 4iG Nyrt 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, 4iG Nyrt autocorrelation shows the relationship between 4iG Nyrt stock current value and its past values and can show if there is a momentum factor associated with investing in 4iG Nyrt.
Regressed Prices
Timeline
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