NVIDIA (Germany) Market Value
| NVD Stock | EUR 106.34 6.91 6.95% |
| Symbol | NVIDIA |
NVIDIA '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 NVIDIA'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 NVIDIA.
| 12/12/2024 |
| 03/12/2025 |
If you would invest 0.00 in NVIDIA on December 12, 2024 and sell it all today you would earn a total of 0.00 from holding NVIDIA or generate 0.0% return on investment in NVIDIA over 90 days. NVIDIA is related to or competes with ASURE SOFTWARE, Easy Software, Beta Systems, GOLD ROAD, Micron Technology, Yuexiu Transport, and Vishay Intertechnology. More
NVIDIA 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 NVIDIA'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 NVIDIA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 23.58 | |||
| Value At Risk | (5.87) | |||
| Potential Upside | 4.6 |
NVIDIA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NVIDIA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NVIDIA's standard deviation. In reality, there are many statistical measures that can use NVIDIA historical prices to predict the future NVIDIA's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | 0.2296 | |||
| Treynor Ratio | (0.29) |
NVIDIA Backtested Returns
NVIDIA has Sharpe Ratio of -0.1, which conveys that the firm had a -0.1 % return per unit of volatility over the last 3 months. NVIDIA exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NVIDIA's risk adjusted performance of (0.07), and Mean Deviation of 2.57 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.28, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, NVIDIA will likely underperform. At this point, NVIDIA has a negative expected return of -0.39%. Please make sure to verify NVIDIA's information ratio, potential upside, rate of daily change, as well as the relationship between the total risk alpha and kurtosis , to decide if NVIDIA performance from the past will be repeated at future time.
Auto-correlation | 0.21 |
Weak predictability
NVIDIA has weak predictability. Overlapping area represents the amount of predictability between NVIDIA time series from 12th of December 2024 to 26th of January 2025 and 26th of January 2025 to 12th 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 NVIDIA price movement. The serial correlation of 0.21 indicates that over 21.0% of current NVIDIA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 61.95 |
NVIDIA lagged returns against current returns
Autocorrelation, which is NVIDIA 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 NVIDIA's stock expected returns. We can calculate the autocorrelation of NVIDIA returns to help us make a trade decision. For example, suppose you find that NVIDIA 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 |
NVIDIA 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 NVIDIA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NVIDIA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NVIDIA stock over time.
Current vs Lagged Prices |
| Timeline |
NVIDIA Lagged Returns
When evaluating NVIDIA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NVIDIA stock have on its future price. NVIDIA 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, NVIDIA autocorrelation shows the relationship between NVIDIA stock current value and its past values and can show if there is a momentum factor associated with investing in NVIDIA.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectAdditional Information and Resources on Investing in NVIDIA Stock
When determining whether NVIDIA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NVIDIA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nvidia Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nvidia Stock:Check out NVIDIA Correlation, NVIDIA Volatility and NVIDIA Alpha and Beta module to complement your research on NVIDIA. To learn how to invest in NVIDIA Stock, please use our How to Invest in NVIDIA guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
NVIDIA technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.