Nextego Nv Ordinary Stock Market Value
| EGOX Stock | 0.0001 0.00 0.00% |
| Symbol | NexteGO |
NexteGO NV '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 NexteGO NV's otc 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 NexteGO NV.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in NexteGO NV on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding NexteGO NV Ordinary or generate 0.0% return on investment in NexteGO NV over 90 days. NexteGO NV is related to or competes with PACCAR, Ultra Clean, Brunswick, Northstar Clean, and Rivian Automotive. More
NexteGO NV 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 NexteGO NV's otc 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 NexteGO NV Ordinary upside and downside potential and time the market with a certain degree of confidence.
NexteGO NV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NexteGO NV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NexteGO NV's standard deviation. In reality, there are many statistical measures that can use NexteGO NV historical prices to predict the future NexteGO NV's volatility.NexteGO NV Ordinary Backtested Returns
We have found three technical indicators for NexteGO NV, which you can use to evaluate the volatility of the firm. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and NexteGO NV are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
NexteGO NV Ordinary has perfect predictability. Overlapping area represents the amount of predictability between NexteGO NV 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 NexteGO NV Ordinary price movement. The serial correlation of 1.0 indicates that 100.0% of current NexteGO NV price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
NexteGO NV Ordinary lagged returns against current returns
Autocorrelation, which is NexteGO NV otc 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 NexteGO NV's otc stock expected returns. We can calculate the autocorrelation of NexteGO NV returns to help us make a trade decision. For example, suppose you find that NexteGO NV has exhibited high autocorrelation historically, and you observe that the otc 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 |
NexteGO NV 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 NexteGO NV otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NexteGO NV otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NexteGO NV otc stock over time.
Current vs Lagged Prices |
| Timeline |
NexteGO NV Lagged Returns
When evaluating NexteGO NV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NexteGO NV otc stock have on its future price. NexteGO NV 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, NexteGO NV autocorrelation shows the relationship between NexteGO NV otc stock current value and its past values and can show if there is a momentum factor associated with investing in NexteGO NV Ordinary.
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.Additional Tools for NexteGO OTC Stock Analysis
When running NexteGO NV's price analysis, check to measure NexteGO NV'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 NexteGO NV is operating at the current time. Most of NexteGO NV's value examination focuses on studying past and present price action to predict the probability of NexteGO NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NexteGO NV's price. Additionally, you may evaluate how the addition of NexteGO NV to your portfolios can decrease your overall portfolio volatility.