Nestle Sa Adr Stock Market Value
| NSRGY Stock | USD 81.48 2.27 2.71% |
| Symbol | Nestle |
Nestle SA '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 Nestle SA'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 Nestle SA.
| 11/19/2024 |
| 12/19/2024 |
If you would invest 0.00 in Nestle SA on November 19, 2024 and sell it all today you would earn a total of 0.00 from holding Nestle SA ADR or generate 0.0% return on investment in Nestle SA over 30 days. Nestle SA is related to or competes with Kellanova, Campbell Soup, ConAgra Foods, Hormel Foods, Kraft Heinz, Calbee, and Danone SA. Nestl S.A., together with its subsidiaries, operates as a food and beverage company More
Nestle SA 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 Nestle SA'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 Nestle SA ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.34) | |||
| Maximum Drawdown | 4.77 | |||
| Value At Risk | (1.88) | |||
| Potential Upside | 1.64 |
Nestle SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nestle SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nestle SA's standard deviation. In reality, there are many statistical measures that can use Nestle SA historical prices to predict the future Nestle SA's volatility.| Risk Adjusted Performance | (0.25) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | 1.38 |
Nestle SA ADR Backtested Returns
Nestle SA ADR has Sharpe Ratio of -0.26, which conveys that the firm had a -0.26% return per unit of risk over the last 3 months. Nestle SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nestle SA's Risk Adjusted Performance of (0.25), standard deviation of 0.9717, and Mean Deviation of 0.6867 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.23, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nestle SA are expected to decrease at a much lower rate. During the bear market, Nestle SA is likely to outperform the market. At this point, Nestle SA ADR has a negative expected return of -0.23%. Please make sure to verify Nestle SA's treynor ratio and daily balance of power , to decide if Nestle SA ADR performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Nestle SA ADR has no correlation between past and present. Overlapping area represents the amount of predictability between Nestle SA time series from 19th of November 2024 to 4th of December 2024 and 4th of December 2024 to 19th 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 Nestle SA ADR price movement. The serial correlation of 0.0 indicates that just 0.0% of current Nestle SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 2.0 |
Nestle SA ADR lagged returns against current returns
Autocorrelation, which is Nestle SA 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 Nestle SA's pink sheet expected returns. We can calculate the autocorrelation of Nestle SA returns to help us make a trade decision. For example, suppose you find that Nestle SA 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 |
Nestle SA 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 Nestle SA pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nestle SA pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nestle SA pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Nestle SA Lagged Returns
When evaluating Nestle SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nestle SA pink sheet have on its future price. Nestle SA 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, Nestle SA autocorrelation shows the relationship between Nestle SA pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Nestle SA ADR.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Nestle Pink Sheet Analysis
When running Nestle SA's price analysis, check to measure Nestle SA'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 Nestle SA is operating at the current time. Most of Nestle SA's value examination focuses on studying past and present price action to predict the probability of Nestle SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nestle SA's price. Additionally, you may evaluate how the addition of Nestle SA to your portfolios can decrease your overall portfolio volatility.