NBI Bearings (Spain) Market Value

NBI Stock  EUR 3.84  0.10  2.54%   
NBI Bearings' market value is the price at which a share of NBI Bearings trades on a public exchange. It measures the collective expectations of NBI Bearings Europe investors about its performance. NBI Bearings is trading at 3.84 as of the 4th of March 2025, a 2.54% down since the beginning of the trading day. The stock's open price was 3.94.
With this module, you can estimate the performance of a buy and hold strategy of NBI Bearings Europe and determine expected loss or profit from investing in NBI Bearings over a given investment horizon. Check out NBI Bearings Correlation, NBI Bearings Volatility and NBI Bearings Alpha and Beta module to complement your research on NBI Bearings.
Symbol

Please note, there is a significant difference between NBI Bearings' value and its price as these two are different measures arrived at by different means. Investors typically determine if NBI Bearings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NBI Bearings' 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.

NBI Bearings '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 NBI Bearings' 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 NBI Bearings.
0.00
03/09/2024
No Change 0.00  0.0 
In 11 months and 27 days
03/04/2025
0.00
If you would invest  0.00  in NBI Bearings on March 9, 2024 and sell it all today you would earn a total of 0.00 from holding NBI Bearings Europe or generate 0.0% return on investment in NBI Bearings over 360 days. NBI Bearings is related to or competes with Borges Agricultural, Squirrel Media, Media Investment, Atresmedia Corporacin, Atrys Health, and Biotechnology Assets. NBI Bearings Europe, S.A. engages in the design, production, and sale of bearings worldwide More

NBI Bearings 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 NBI Bearings' 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 NBI Bearings Europe upside and downside potential and time the market with a certain degree of confidence.

NBI Bearings Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for NBI Bearings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NBI Bearings' standard deviation. In reality, there are many statistical measures that can use NBI Bearings historical prices to predict the future NBI Bearings' volatility.
Hype
Prediction
LowEstimatedHigh
2.613.845.07
Details
Intrinsic
Valuation
LowRealHigh
2.473.704.93
Details
Naive
Forecast
LowNextHigh
2.523.754.98
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3.834.024.21
Details

NBI Bearings Europe Backtested Returns

NBI Bearings Europe has Sharpe Ratio of -0.0485, which conveys that the company had a -0.0485 % return per unit of volatility over the last 3 months. NBI Bearings exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NBI Bearings' Mean Deviation of 0.3981, standard deviation of 1.18, and Market Risk Adjusted Performance of 0.5159 to check out the risk estimate we provide. The firm secures a Beta (Market Risk) of -0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NBI Bearings are expected to decrease at a much lower rate. During the bear market, NBI Bearings is likely to outperform the market. At this point, NBI Bearings Europe has a negative expected return of -0.0596%. Please make sure to verify NBI Bearings' jensen alpha, skewness, rate of daily change, as well as the relationship between the treynor ratio and accumulation distribution , to decide if NBI Bearings Europe performance from the past will be repeated in the future.

Auto-correlation

    
  -0.31  

Poor reverse predictability

NBI Bearings Europe has poor reverse predictability. Overlapping area represents the amount of predictability between NBI Bearings time series from 9th of March 2024 to 5th of September 2024 and 5th of September 2024 to 4th 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 NBI Bearings Europe price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current NBI Bearings price fluctuation can be explain by its past prices.
Correlation Coefficient-0.31
Spearman Rank Test-0.38
Residual Average0.0
Price Variance0.05

NBI Bearings Europe lagged returns against current returns

Autocorrelation, which is NBI Bearings 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 NBI Bearings' stock expected returns. We can calculate the autocorrelation of NBI Bearings returns to help us make a trade decision. For example, suppose you find that NBI Bearings 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  

NBI Bearings 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 NBI Bearings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NBI Bearings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NBI Bearings stock over time.
   Current vs Lagged Prices   
       Timeline  

NBI Bearings Lagged Returns

When evaluating NBI Bearings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NBI Bearings stock have on its future price. NBI Bearings 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, NBI Bearings autocorrelation shows the relationship between NBI Bearings stock current value and its past values and can show if there is a momentum factor associated with investing in NBI Bearings Europe.
   Regressed Prices   
       Timeline  

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Other Information on Investing in NBI Stock

NBI Bearings financial ratios help investors to determine whether NBI 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 NBI with respect to the benefits of owning NBI Bearings security.