Nickel 28 Capital Stock Market Value
| NKL Stock | 0.72 0.00 0.00% |
| Symbol | Nickel |
Nickel 28 Capital Price To Book Ratio
Nickel 28 '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 Nickel 28'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 Nickel 28.
| 01/13/2023 |
| 01/02/2025 |
If you would invest 0.00 in Nickel 28 on January 13, 2023 and sell it all today you would earn a total of 0.00 from holding Nickel 28 Capital or generate 0.0% return on investment in Nickel 28 over 720 days. Nickel 28 is related to or competes with Canada Nickel, FPX Nickel, and Giga Metals. Wellgreen Platinum Ltd., a mining company, acquires and develops platinum group metals projects in Canada. More
Nickel 28 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 Nickel 28'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 Nickel 28 Capital upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.36 | |||
| Information Ratio | 0.018 | |||
| Maximum Drawdown | 18.02 | |||
| Value At Risk | (4.35) | |||
| Potential Upside | 4.55 |
Nickel 28 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nickel 28's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nickel 28's standard deviation. In reality, there are many statistical measures that can use Nickel 28 historical prices to predict the future Nickel 28's volatility.| Risk Adjusted Performance | 0.0248 | |||
| Jensen Alpha | 0.0553 | |||
| Total Risk Alpha | 0.0522 | |||
| Sortino Ratio | 0.0162 | |||
| Treynor Ratio | 2.62 |
Nickel 28 Capital Backtested Returns
At this stage we consider Nickel Stock to be out of control. Nickel 28 Capital has Sharpe Ratio of 0.0042, which conveys that the firm had a 0.0042% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Nickel 28, which you can use to evaluate the volatility of the firm. Please verify Nickel 28's Risk Adjusted Performance of 0.0248, downside deviation of 3.36, and Mean Deviation of 1.83 to check out if the risk estimate we provide is consistent with the expected return of 0.011%. The company secures a Beta (Market Risk) of 0.0211, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nickel 28's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nickel 28 is expected to be smaller as well. Nickel 28 Capital right now secures a risk of 2.63%. Please verify Nickel 28 Capital information ratio and the relationship between the treynor ratio and kurtosis , to decide if Nickel 28 Capital will be following its current price movements.
Auto-correlation | -0.26 |
Weak reverse predictability
Nickel 28 Capital has weak reverse predictability. Overlapping area represents the amount of predictability between Nickel 28 time series from 13th of January 2023 to 8th of January 2024 and 8th of January 2024 to 2nd of January 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 Nickel 28 Capital price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Nickel 28 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Nickel 28 Capital lagged returns against current returns
Autocorrelation, which is Nickel 28 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 Nickel 28's stock expected returns. We can calculate the autocorrelation of Nickel 28 returns to help us make a trade decision. For example, suppose you find that Nickel 28 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 |
Nickel 28 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 Nickel 28 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nickel 28 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nickel 28 stock over time.
Current vs Lagged Prices |
| Timeline |
Nickel 28 Lagged Returns
When evaluating Nickel 28's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nickel 28 stock have on its future price. Nickel 28 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, Nickel 28 autocorrelation shows the relationship between Nickel 28 stock current value and its past values and can show if there is a momentum factor associated with investing in Nickel 28 Capital.
Regressed Prices |
| Timeline |
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Additional Tools for Nickel Stock Analysis
When running Nickel 28's price analysis, check to measure Nickel 28's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nickel 28 is operating at the current time. Most of Nickel 28's value examination focuses on studying past and present price action to predict the probability of Nickel 28's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nickel 28's price. Additionally, you may evaluate how the addition of Nickel 28 to your portfolios can decrease your overall portfolio volatility.