Nile Cotton (Egypt) Market Value
| NCGC Stock | 6.55 0.00 0.00% |
| Symbol | Nile |
Nile Cotton '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 Nile Cotton'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 Nile Cotton.
| 12/09/2024 |
| 01/08/2025 |
If you would invest 0.00 in Nile Cotton on December 9, 2024 and sell it all today you would earn a total of 0.00 from holding Nile Cotton Ginning or generate 0.0% return on investment in Nile Cotton over 30 days.
Nile Cotton 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 Nile Cotton'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 Nile Cotton Ginning upside and downside potential and time the market with a certain degree of confidence.
Nile Cotton Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nile Cotton's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nile Cotton's standard deviation. In reality, there are many statistical measures that can use Nile Cotton historical prices to predict the future Nile Cotton's volatility.Nile Cotton Ginning Backtested Returns
We have found three technical indicators for Nile Cotton, 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 Nile Cotton are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Nile Cotton Ginning has no correlation between past and present. Overlapping area represents the amount of predictability between Nile Cotton time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th 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 Nile Cotton Ginning price movement. The serial correlation of 0.0 indicates that just 0.0% of current Nile Cotton price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Nile Cotton Ginning lagged returns against current returns
Autocorrelation, which is Nile Cotton 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 Nile Cotton's stock expected returns. We can calculate the autocorrelation of Nile Cotton returns to help us make a trade decision. For example, suppose you find that Nile Cotton 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 |
Nile Cotton 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 Nile Cotton stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nile Cotton stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nile Cotton stock over time.
Current vs Lagged Prices |
| Timeline |
Nile Cotton Lagged Returns
When evaluating Nile Cotton's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nile Cotton stock have on its future price. Nile Cotton 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, Nile Cotton autocorrelation shows the relationship between Nile Cotton stock current value and its past values and can show if there is a momentum factor associated with investing in Nile Cotton Ginning.
Regressed Prices |
| Timeline |
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