Nestle Pakistan (Pakistan) Market Value
| NESTLE Stock | 7,336 14.00 0.19% |
| Symbol | Nestle |
Nestle Pakistan '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 Nestle Pakistan'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 Nestle Pakistan.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Nestle Pakistan on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Nestle Pakistan or generate 0.0% return on investment in Nestle Pakistan over 90 days. Nestle Pakistan is related to or competes with Crescent Star, Habib Insurance, NetSol Technologies, Avanceon, WorldCall Telecom, and EFU General. More
Nestle Pakistan 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 Nestle Pakistan'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 Nestle Pakistan upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9587 | |||
| Information Ratio | 0.0919 | |||
| Maximum Drawdown | 6.74 | |||
| Value At Risk | (1.80) | |||
| Potential Upside | 2.2 |
Nestle Pakistan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nestle Pakistan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nestle Pakistan's standard deviation. In reality, there are many statistical measures that can use Nestle Pakistan historical prices to predict the future Nestle Pakistan's volatility.| Risk Adjusted Performance | 0.0083 | |||
| Jensen Alpha | 0.0288 | |||
| Total Risk Alpha | 0.1432 | |||
| Sortino Ratio | 0.1113 | |||
| Treynor Ratio | (0.01) |
Nestle Pakistan Backtested Returns
Nestle Pakistan has Sharpe Ratio of -0.0311, which conveys that the firm had a -0.0311 % return per unit of risk over the last 3 months. Nestle Pakistan exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nestle Pakistan's Downside Deviation of 0.9587, mean deviation of 0.7481, and Risk Adjusted Performance of 0.0083 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.29, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nestle Pakistan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nestle Pakistan is expected to be smaller as well. At this point, Nestle Pakistan has a negative expected return of -0.0327%. Please make sure to verify Nestle Pakistan's potential upside, as well as the relationship between the kurtosis and day typical price , to decide if Nestle Pakistan performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.05 |
Very weak reverse predictability
Nestle Pakistan has very weak reverse predictability. Overlapping area represents the amount of predictability between Nestle Pakistan time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Nestle Pakistan price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Nestle Pakistan price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 3198.56 |
Nestle Pakistan lagged returns against current returns
Autocorrelation, which is Nestle Pakistan 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 Nestle Pakistan's stock expected returns. We can calculate the autocorrelation of Nestle Pakistan returns to help us make a trade decision. For example, suppose you find that Nestle Pakistan 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 |
Nestle Pakistan 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 Nestle Pakistan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nestle Pakistan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nestle Pakistan stock over time.
Current vs Lagged Prices |
| Timeline |
Nestle Pakistan Lagged Returns
When evaluating Nestle Pakistan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nestle Pakistan stock have on its future price. Nestle Pakistan 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, Nestle Pakistan autocorrelation shows the relationship between Nestle Pakistan stock current value and its past values and can show if there is a momentum factor associated with investing in Nestle Pakistan.
Regressed Prices |
| Timeline |
Pair Trading with Nestle Pakistan
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nestle Pakistan position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nestle Pakistan will appreciate offsetting losses from the drop in the long position's value.Moving against Nestle Stock
The ability to find closely correlated positions to Nestle Pakistan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nestle Pakistan when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nestle Pakistan - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nestle Pakistan to buy it.
The correlation of Nestle Pakistan is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nestle Pakistan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nestle Pakistan moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nestle Pakistan can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Nestle Stock
Nestle Pakistan financial ratios help investors to determine whether Nestle 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 Nestle with respect to the benefits of owning Nestle Pakistan security.