Nextgen Food's market value is the price at which a share of Nextgen Food trades on a public exchange. It measures the collective expectations of Nextgen Food Robotics investors about its performance. Nextgen Food is trading at 0.0404 as of the 12th of March 2025. This is a 80.36% increase since the beginning of the trading day. The stock's lowest day price was 0.0225. With this module, you can estimate the performance of a buy and hold strategy of Nextgen Food Robotics and determine expected loss or profit from investing in Nextgen Food over a given investment horizon. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Symbol
Nextgen
Nextgen Food '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 Nextgen Food's pink sheet 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 Nextgen Food.
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12/12/2024
No Change 0.00
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In 3 months and 1 day
03/12/2025
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If you would invest 0.00 in Nextgen Food on December 12, 2024 and sell it all today you would earn a total of 0.00 from holding Nextgen Food Robotics or generate 0.0% return on investment in Nextgen Food over 90 days.
Nextgen Food 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 Nextgen Food's pink sheet 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 Nextgen Food Robotics upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nextgen Food's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nextgen Food's standard deviation. In reality, there are many statistical measures that can use Nextgen Food historical prices to predict the future Nextgen Food's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Nextgen Food. Your research has to be compared to or analyzed against Nextgen Food's peers to derive any actionable benefits. When done correctly, Nextgen Food's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Nextgen Food Robotics.
Nextgen Food Robotics Backtested Returns
Nextgen Food appears to be out of control, given 3 months investment horizon. Nextgen Food Robotics has Sharpe Ratio of 0.0162, which conveys that the firm had a 0.0162 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nextgen Food, which you can use to evaluate the volatility of the firm. Please exercise Nextgen Food's Mean Deviation of 13.55, downside deviation of 19.06, and Risk Adjusted Performance of 0.0443 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Nextgen Food holds a performance score of 1. The company secures a Beta (Market Risk) of 0.22, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nextgen Food's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nextgen Food is expected to be smaller as well. Please check Nextgen Food's potential upside, accumulation distribution, period momentum indicator, as well as the relationship between the expected short fall and day median price , to make a quick decision on whether Nextgen Food's current price movements will revert.
Auto-correlation
-0.12
Insignificant reverse predictability
Nextgen Food Robotics has insignificant reverse predictability. Overlapping area represents the amount of predictability between Nextgen Food time series from 12th of December 2024 to 26th of January 2025 and 26th of January 2025 to 12th 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 Nextgen Food Robotics price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Nextgen Food price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.12
Spearman Rank Test
-0.3
Residual Average
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Price Variance
0.0
Nextgen Food Robotics lagged returns against current returns
Autocorrelation, which is Nextgen Food pink sheet'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 Nextgen Food's pink sheet expected returns. We can calculate the autocorrelation of Nextgen Food returns to help us make a trade decision. For example, suppose you find that Nextgen Food has exhibited high autocorrelation historically, and you observe that the pink sheet 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
Nextgen Food 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 Nextgen Food pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nextgen Food pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nextgen Food pink sheet over time.
Current vs Lagged Prices
Timeline
Nextgen Food Lagged Returns
When evaluating Nextgen Food's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nextgen Food pink sheet have on its future price. Nextgen Food 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, Nextgen Food autocorrelation shows the relationship between Nextgen Food pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Nextgen Food Robotics.