Nanalysis Scientific Corp Stock Market Value
| NSCIF Stock | USD 0.23 0.02 8.00% |
| Symbol | Nanalysis |
Nanalysis Scientific '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 Nanalysis Scientific's otc 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 Nanalysis Scientific.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Nanalysis Scientific on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Nanalysis Scientific Corp or generate 0.0% return on investment in Nanalysis Scientific over 30 days. Nanalysis Scientific is related to or competes with Keyence, Garmin, Keysight Technologies, Fortive Corp, Teledyne Technologies, Trimble, and Coherent. Nanalysis Scientific Corp., develops, manufactures, and sells compact nuclear magnetic resonance spectrometers and magne... More
Nanalysis Scientific 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 Nanalysis Scientific's otc 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 Nanalysis Scientific Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 31.94 | |||
| Value At Risk | (10.71) | |||
| Potential Upside | 7.69 |
Nanalysis Scientific Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nanalysis Scientific's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nanalysis Scientific's standard deviation. In reality, there are many statistical measures that can use Nanalysis Scientific historical prices to predict the future Nanalysis Scientific's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (1.07) | |||
| Treynor Ratio | 1.84 |
Nanalysis Scientific Corp Backtested Returns
Nanalysis Scientific Corp has Sharpe Ratio of -0.0863, which conveys that the firm had a -0.0863% return per unit of risk over the last 3 months. Nanalysis Scientific exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nanalysis Scientific's Standard Deviation of 5.06, risk adjusted performance of (0.05), and Mean Deviation of 3.02 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.21, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nanalysis Scientific are expected to decrease at a much lower rate. During the bear market, Nanalysis Scientific is likely to outperform the market. At this point, Nanalysis Scientific Corp has a negative expected return of -0.44%. Please make sure to verify Nanalysis Scientific's maximum drawdown and the relationship between the kurtosis and period momentum indicator , to decide if Nanalysis Scientific Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.07 |
Virtually no predictability
Nanalysis Scientific Corp has virtually no predictability. Overlapping area represents the amount of predictability between Nanalysis Scientific time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nanalysis Scientific Corp price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Nanalysis Scientific price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Nanalysis Scientific Corp lagged returns against current returns
Autocorrelation, which is Nanalysis Scientific otc 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 Nanalysis Scientific's otc stock expected returns. We can calculate the autocorrelation of Nanalysis Scientific returns to help us make a trade decision. For example, suppose you find that Nanalysis Scientific has exhibited high autocorrelation historically, and you observe that the otc 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 |
Nanalysis Scientific 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 Nanalysis Scientific otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nanalysis Scientific otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nanalysis Scientific otc stock over time.
Current vs Lagged Prices |
| Timeline |
Nanalysis Scientific Lagged Returns
When evaluating Nanalysis Scientific's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nanalysis Scientific otc stock have on its future price. Nanalysis Scientific 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, Nanalysis Scientific autocorrelation shows the relationship between Nanalysis Scientific otc stock current value and its past values and can show if there is a momentum factor associated with investing in Nanalysis Scientific Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Nanalysis OTC Stock
Nanalysis Scientific financial ratios help investors to determine whether Nanalysis OTC Stock 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 Nanalysis with respect to the benefits of owning Nanalysis Scientific security.