NOS SGPS (Portugal) Market Value
| NOS Stock | EUR 4.39 0.01 0.23% |
| Symbol | NOS |
NOS SGPS '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 NOS SGPS'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 NOS SGPS.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in NOS SGPS on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding NOS SGPS SA or generate 0.0% return on investment in NOS SGPS over 90 days. NOS SGPS is related to or competes with Sonae SGPS, Navigator, Galp Energia, REN Redes, and Altri SGPS. More
NOS SGPS 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 NOS SGPS'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 NOS SGPS SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.25 | |||
| Information Ratio | 0.3238 | |||
| Maximum Drawdown | 12.4 | |||
| Value At Risk | (1.74) | |||
| Potential Upside | 1.57 |
NOS SGPS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NOS SGPS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NOS SGPS's standard deviation. In reality, there are many statistical measures that can use NOS SGPS historical prices to predict the future NOS SGPS's volatility.| Risk Adjusted Performance | 0.2308 | |||
| Jensen Alpha | 0.3827 | |||
| Total Risk Alpha | 0.5885 | |||
| Sortino Ratio | 0.4014 | |||
| Treynor Ratio | (3.82) |
NOS SGPS SA Backtested Returns
NOS SGPS appears to be somewhat reliable, given 3 months investment horizon. NOS SGPS SA has Sharpe Ratio of 0.27, which conveys that the firm had a 0.27 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for NOS SGPS, which you can use to evaluate the volatility of the firm. Please exercise NOS SGPS's Market Risk Adjusted Performance of (3.81), risk adjusted performance of 0.2308, and Mean Deviation of 0.9151 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, NOS SGPS holds a performance score of 21. The company secures a Beta (Market Risk) of -0.1, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NOS SGPS are expected to decrease at a much lower rate. During the bear market, NOS SGPS is likely to outperform the market. Please check NOS SGPS's skewness, day typical price, and the relationship between the downside variance and daily balance of power , to make a quick decision on whether NOS SGPS's current price movements will revert.
Auto-correlation | 0.25 |
Poor predictability
NOS SGPS SA has poor predictability. Overlapping area represents the amount of predictability between NOS SGPS time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 NOS SGPS SA price movement. The serial correlation of 0.25 indicates that over 25.0% of current NOS SGPS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
NOS SGPS SA lagged returns against current returns
Autocorrelation, which is NOS SGPS 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 NOS SGPS's stock expected returns. We can calculate the autocorrelation of NOS SGPS returns to help us make a trade decision. For example, suppose you find that NOS SGPS 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 |
NOS SGPS 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 NOS SGPS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NOS SGPS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NOS SGPS stock over time.
Current vs Lagged Prices |
| Timeline |
NOS SGPS Lagged Returns
When evaluating NOS SGPS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NOS SGPS stock have on its future price. NOS SGPS 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, NOS SGPS autocorrelation shows the relationship between NOS SGPS stock current value and its past values and can show if there is a momentum factor associated with investing in NOS SGPS SA.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for NOS Stock Analysis
When running NOS SGPS's price analysis, check to measure NOS SGPS'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 NOS SGPS is operating at the current time. Most of NOS SGPS's value examination focuses on studying past and present price action to predict the probability of NOS SGPS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NOS SGPS's price. Additionally, you may evaluate how the addition of NOS SGPS to your portfolios can decrease your overall portfolio volatility.