NFC Indonesia (Indonesia) Market Value
| NFCX Stock | 1,175 65.00 5.24% |
| Symbol | NFC |
NFC Indonesia '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 NFC Indonesia'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 NFC Indonesia.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in NFC Indonesia on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding NFC Indonesia PT or generate 0.0% return on investment in NFC Indonesia over 30 days. NFC Indonesia is related to or competes with M Cash, Nusantara Voucher, Digital Mediatama, Multipolar Technology, and Kioson Komersial. More
NFC Indonesia 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 NFC Indonesia'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 NFC Indonesia PT upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 36.1 | |||
| Value At Risk | (5.81) | |||
| Potential Upside | 6.07 |
NFC Indonesia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NFC Indonesia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NFC Indonesia's standard deviation. In reality, there are many statistical measures that can use NFC Indonesia historical prices to predict the future NFC Indonesia's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.58) | |||
| Total Risk Alpha | (1.38) | |||
| Treynor Ratio | 1.81 |
NFC Indonesia PT Backtested Returns
NFC Indonesia PT retains Efficiency (Sharpe Ratio) of -0.13, which conveys that the firm had a -0.13% return per unit of risk over the last 3 months. NFC Indonesia exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NFC Indonesia's Market Risk Adjusted Performance of 1.82, coefficient of variation of (744.71), and Mean Deviation of 2.59 to check out the risk estimate we provide. The company owns a Beta (Systematic Risk) of -0.34, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning NFC Indonesia are expected to decrease at a much lower rate. During the bear market, NFC Indonesia is likely to outperform the market. At this point, NFC Indonesia PT has a negative expected return of -0.61%. Please make sure to verify NFC Indonesia's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if NFC Indonesia PT performance from the past will be repeated in the future.
Auto-correlation | -0.51 |
Good reverse predictability
NFC Indonesia PT has good reverse predictability. Overlapping area represents the amount of predictability between NFC Indonesia time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of NFC Indonesia PT price movement. The serial correlation of -0.51 indicates that about 51.0% of current NFC Indonesia price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 11.3 K |
NFC Indonesia PT lagged returns against current returns
Autocorrelation, which is NFC Indonesia 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 NFC Indonesia's stock expected returns. We can calculate the autocorrelation of NFC Indonesia returns to help us make a trade decision. For example, suppose you find that NFC Indonesia 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 |
NFC Indonesia 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 NFC Indonesia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NFC Indonesia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NFC Indonesia stock over time.
Current vs Lagged Prices |
| Timeline |
NFC Indonesia Lagged Returns
When evaluating NFC Indonesia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NFC Indonesia stock have on its future price. NFC Indonesia 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, NFC Indonesia autocorrelation shows the relationship between NFC Indonesia stock current value and its past values and can show if there is a momentum factor associated with investing in NFC Indonesia PT.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in NFC Stock
NFC Indonesia financial ratios help investors to determine whether NFC 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 NFC with respect to the benefits of owning NFC Indonesia security.