NSE SA (France) Market Value
| ALNSE Stock | EUR 38.20 1.60 4.37% |
| Symbol | NSE |
NSE SA '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 NSE SA'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 NSE SA.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in NSE SA on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding NSE SA or generate 0.0% return on investment in NSE SA over 90 days. NSE SA is related to or competes with Delfingen, Lacroix Group, Groupe Guillin, Groupe Sfpi, and Guillemot. NSE SA designs, builds, and sells integrated systems for defense, aerospace, electronics, information technology, teleco... More
NSE SA 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 NSE SA'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 NSE SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.35 | |||
| Information Ratio | 0.1728 | |||
| Maximum Drawdown | 27.95 | |||
| Value At Risk | (2.80) | |||
| Potential Upside | 7.43 |
NSE SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NSE SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NSE SA's standard deviation. In reality, there are many statistical measures that can use NSE SA historical prices to predict the future NSE SA's volatility.| Risk Adjusted Performance | 0.1328 | |||
| Jensen Alpha | 0.3512 | |||
| Total Risk Alpha | 0.9132 | |||
| Sortino Ratio | 0.2517 | |||
| Treynor Ratio | (0.40) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NSE SA's 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.
NSE SA Backtested Returns
NSE SA appears to be very steady, given 3 months investment horizon. NSE SA has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15 % return per unit of risk over the last 3 months. By inspecting NSE SA's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please exercise NSE SA's risk adjusted performance of 0.1328, and Mean Deviation of 1.68 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, NSE SA holds a performance score of 11. The company secures a Beta (Market Risk) of -1.21, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning NSE SA are expected to decrease by larger amounts. On the other hand, during market turmoil, NSE SA is expected to outperform it. Please check NSE SA's potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to make a quick decision on whether NSE SA's current price movements will revert.
Auto-correlation | 0.05 |
Virtually no predictability
NSE SA has virtually no predictability. Overlapping area represents the amount of predictability between NSE SA 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 NSE SA price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current NSE SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 17.16 |
NSE SA lagged returns against current returns
Autocorrelation, which is NSE SA 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 NSE SA's stock expected returns. We can calculate the autocorrelation of NSE SA returns to help us make a trade decision. For example, suppose you find that NSE SA 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 |
NSE SA 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 NSE SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NSE SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NSE SA stock over time.
Current vs Lagged Prices |
| Timeline |
NSE SA Lagged Returns
When evaluating NSE SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NSE SA stock have on its future price. NSE SA 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, NSE SA autocorrelation shows the relationship between NSE SA stock current value and its past values and can show if there is a momentum factor associated with investing in NSE SA.
Regressed Prices |
| Timeline |
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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.Additional Tools for NSE Stock Analysis
When running NSE SA's price analysis, check to measure NSE SA's 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 NSE SA is operating at the current time. Most of NSE SA's value examination focuses on studying past and present price action to predict the probability of NSE SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NSE SA's price. Additionally, you may evaluate how the addition of NSE SA to your portfolios can decrease your overall portfolio volatility.