Nagarro Se Stock Market Value
| NGRRF Stock | USD 82.41 3.07 3.59% |
| Symbol | Nagarro |
Nagarro SE '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 Nagarro SE'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 Nagarro SE.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in Nagarro SE on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Nagarro SE or generate 0.0% return on investment in Nagarro SE over 90 days. Nagarro SE is related to or competes with Quisitive Technology, Appen, Appen, ASGN, ExlService Holdings, CACI International, and CLARIVATE PLC. Nagarro SE, a digital engineering company, provides digital engineering and technology solutions in North America, Centr... More
Nagarro SE 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 Nagarro SE'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 Nagarro SE upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 20.13 | |||
| Value At Risk | (4.58) | |||
| Potential Upside | 4.41 |
Nagarro SE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nagarro SE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nagarro SE's standard deviation. In reality, there are many statistical measures that can use Nagarro SE historical prices to predict the future Nagarro SE's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | 0.2936 | |||
| Treynor Ratio | (0.22) |
Nagarro SE Backtested Returns
Nagarro SE has Sharpe Ratio of -0.0916, which conveys that the firm had a -0.0916 % return per unit of risk over the last 3 months. Nagarro SE exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nagarro SE's Mean Deviation of 1.97, standard deviation of 3.05, and Risk Adjusted Performance of (0.04) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.77, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nagarro SE's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nagarro SE is expected to be smaller as well. At this point, Nagarro SE has a negative expected return of -0.26%. Please make sure to verify Nagarro SE's total risk alpha, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Nagarro SE performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.4 |
Poor reverse predictability
Nagarro SE has poor reverse predictability. Overlapping area represents the amount of predictability between Nagarro SE time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 Nagarro SE price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Nagarro SE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 6.88 |
Nagarro SE lagged returns against current returns
Autocorrelation, which is Nagarro SE 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 Nagarro SE's pink sheet expected returns. We can calculate the autocorrelation of Nagarro SE returns to help us make a trade decision. For example, suppose you find that Nagarro SE 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 |
Nagarro SE 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 Nagarro SE pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nagarro SE pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nagarro SE pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Nagarro SE Lagged Returns
When evaluating Nagarro SE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nagarro SE pink sheet have on its future price. Nagarro SE 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, Nagarro SE autocorrelation shows the relationship between Nagarro SE pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Nagarro SE.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Nagarro Pink Sheet
Nagarro SE financial ratios help investors to determine whether Nagarro Pink Sheet 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 Nagarro with respect to the benefits of owning Nagarro SE security.