Nile City (Egypt) Market Value
| NCIN Stock | 344.28 0.00 0.00% |
| Symbol | Nile |
Nile City '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 City'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 City.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Nile City on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Nile City Investment or generate 0.0% return on investment in Nile City over 30 days.
Nile City 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 City'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 City Investment upside and downside potential and time the market with a certain degree of confidence.
Nile City Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nile City's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nile City's standard deviation. In reality, there are many statistical measures that can use Nile City historical prices to predict the future Nile City's volatility.Nile City Investment Backtested Returns
We have found three technical indicators for Nile City, 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 City are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Nile City Investment has perfect predictability. Overlapping area represents the amount of predictability between Nile City time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th 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 City Investment price movement. The serial correlation of 1.0 indicates that 100.0% of current Nile City 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 |
Nile City Investment lagged returns against current returns
Autocorrelation, which is Nile City 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 City's stock expected returns. We can calculate the autocorrelation of Nile City returns to help us make a trade decision. For example, suppose you find that Nile City 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 City 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 City stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nile City stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nile City stock over time.
Current vs Lagged Prices |
| Timeline |
Nile City Lagged Returns
When evaluating Nile City's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nile City stock have on its future price. Nile City 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 City autocorrelation shows the relationship between Nile City stock current value and its past values and can show if there is a momentum factor associated with investing in Nile City Investment.
Regressed Prices |
| Timeline |
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