NAMCO BANDAI (Germany) Market Value
| N9B Stock | EUR 21.27 0.44 2.03% |
| Symbol | NAMCO |
NAMCO BANDAI '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 NAMCO BANDAI'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 NAMCO BANDAI.
| 01/28/2024 |
| 01/22/2025 |
If you would invest 0.00 in NAMCO BANDAI on January 28, 2024 and sell it all today you would earn a total of 0.00 from holding NAMCO BANDAI HLDG or generate 0.0% return on investment in NAMCO BANDAI over 360 days. NAMCO BANDAI is related to or competes with GAMESTOP, Kingdee International, Casio Computer, X-FAB Silicon, SCOTT TECHNOLOGY, Hochschild Mining, and PENN NATL. More
NAMCO BANDAI 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 NAMCO BANDAI'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 NAMCO BANDAI HLDG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.92 | |||
| Information Ratio | 0.0167 | |||
| Maximum Drawdown | 11.08 | |||
| Value At Risk | (3.27) | |||
| Potential Upside | 2.92 |
NAMCO BANDAI Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NAMCO BANDAI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NAMCO BANDAI's standard deviation. In reality, there are many statistical measures that can use NAMCO BANDAI historical prices to predict the future NAMCO BANDAI's volatility.| Risk Adjusted Performance | 0.0348 | |||
| Jensen Alpha | 0.0793 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0181 | |||
| Treynor Ratio | (0.09) |
NAMCO BANDAI HLDG Backtested Returns
At this point, NAMCO BANDAI is not too volatile. NAMCO BANDAI HLDG has Sharpe Ratio of 0.0961, which conveys that the company had a 0.0961 % return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for NAMCO BANDAI, which you can use to evaluate the volatility of the entity. Please verify NAMCO BANDAI's Mean Deviation of 1.59, market risk adjusted performance of (0.08), and Downside Deviation of 1.92 to check out if the risk estimate we provide is consistent with the expected return of 0.18%. NAMCO BANDAI has a performance score of 7 on a scale of 0 to 100. The firm secures a Beta (Market Risk) of -0.68, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning NAMCO BANDAI are expected to decrease at a much lower rate. During the bear market, NAMCO BANDAI is likely to outperform the market. NAMCO BANDAI HLDG now secures a risk of 1.83%. Please verify NAMCO BANDAI HLDG sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if NAMCO BANDAI HLDG will be following its current price movements.
Auto-correlation | 0.96 |
Excellent predictability
NAMCO BANDAI HLDG has excellent predictability. Overlapping area represents the amount of predictability between NAMCO BANDAI time series from 28th of January 2024 to 26th of July 2024 and 26th of July 2024 to 22nd 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 NAMCO BANDAI HLDG price movement. The serial correlation of 0.96 indicates that 96.0% of current NAMCO BANDAI price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.96 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 32.58 |
NAMCO BANDAI HLDG lagged returns against current returns
Autocorrelation, which is NAMCO BANDAI 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 NAMCO BANDAI's stock expected returns. We can calculate the autocorrelation of NAMCO BANDAI returns to help us make a trade decision. For example, suppose you find that NAMCO BANDAI 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 |
NAMCO BANDAI 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 NAMCO BANDAI stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NAMCO BANDAI stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NAMCO BANDAI stock over time.
Current vs Lagged Prices |
| Timeline |
NAMCO BANDAI Lagged Returns
When evaluating NAMCO BANDAI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NAMCO BANDAI stock have on its future price. NAMCO BANDAI 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, NAMCO BANDAI autocorrelation shows the relationship between NAMCO BANDAI stock current value and its past values and can show if there is a momentum factor associated with investing in NAMCO BANDAI HLDG.
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.Other Information on Investing in NAMCO Stock
NAMCO BANDAI financial ratios help investors to determine whether NAMCO 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 NAMCO with respect to the benefits of owning NAMCO BANDAI security.