Nec Corporation Stock Market Value
| NIPNF Stock | USD 99.90 0.10 0.10% |
| Symbol | NEC |
NEC '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 NEC'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 NEC.
| 02/03/2025 |
| 03/05/2025 |
If you would invest 0.00 in NEC on February 3, 2025 and sell it all today you would earn a total of 0.00 from holding NEC Corporation or generate 0.0% return on investment in NEC over 30 days. NEC is related to or competes with Fujitsu, NTT Data, Nomura Research, Fujitsu, and Capgemini. NEC Corporation operates as a provider of information and communication technology solutions in Japan and internationall... More
NEC 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 NEC'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 NEC Corporation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.79 | |||
| Information Ratio | 0.0841 | |||
| Maximum Drawdown | 47.12 | |||
| Value At Risk | (1.90) | |||
| Potential Upside | 1.26 |
NEC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NEC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NEC's standard deviation. In reality, there are many statistical measures that can use NEC historical prices to predict the future NEC's volatility.| Risk Adjusted Performance | 0.0643 | |||
| Jensen Alpha | 0.408 | |||
| Total Risk Alpha | 1.22 | |||
| Sortino Ratio | 0.0564 | |||
| Treynor Ratio | (0.73) |
NEC Corporation Backtested Returns
NEC appears to be very steady, given 3 months investment horizon. NEC Corporation retains Efficiency (Sharpe Ratio) of 0.15, which conveys that the firm had a 0.15 % return per unit of risk over the last 3 months. By inspecting NEC's technical indicators, you can evaluate if the expected return of 0.93% is justified by implied risk. Please exercise NEC's Semi Deviation of 3.27, mean deviation of 2.18, and Market Risk Adjusted Performance of (0.72) to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, NEC holds a performance score of 11. The company owns a Beta (Systematic Risk) of -0.63, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning NEC are expected to decrease at a much lower rate. During the bear market, NEC is likely to outperform the market. Please check NEC's information ratio, downside variance, day typical price, as well as the relationship between the treynor ratio and kurtosis , to make a quick decision on whether NEC's current price history will revert.
Auto-correlation | -0.48 |
Modest reverse predictability
NEC Corporation has modest reverse predictability. Overlapping area represents the amount of predictability between NEC time series from 3rd of February 2025 to 18th of February 2025 and 18th of February 2025 to 5th 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 NEC Corporation price movement. The serial correlation of -0.48 indicates that about 48.0% of current NEC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
NEC Corporation lagged returns against current returns
Autocorrelation, which is NEC 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 NEC's pink sheet expected returns. We can calculate the autocorrelation of NEC returns to help us make a trade decision. For example, suppose you find that NEC 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 |
NEC 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 NEC pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NEC pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NEC pink sheet over time.
Current vs Lagged Prices |
| Timeline |
NEC Lagged Returns
When evaluating NEC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NEC pink sheet have on its future price. NEC 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, NEC autocorrelation shows the relationship between NEC pink sheet current value and its past values and can show if there is a momentum factor associated with investing in NEC Corporation.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in NEC Pink Sheet
NEC financial ratios help investors to determine whether NEC 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 NEC with respect to the benefits of owning NEC security.