NVIDIA (Germany) Market Value
| NVD Stock | EUR 135.36 8.44 5.87% |
| 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.
| 01/13/2024 |
| 01/07/2025 |
If you would invest 0.00 in NVIDIA on January 13, 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 360 days. NVIDIA is related to or competes with Aristocrat Leisure, ANTA SPORTS, ARISTOCRAT LEISURE, HOCHSCHILD MINING, and BRAGG GAMING. 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.
| Downside Deviation | 2.44 | |||
| Information Ratio | 0.1726 | |||
| Maximum Drawdown | 10.74 | |||
| Value At Risk | (3.78) | |||
| Potential Upside | 4.59 |
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 | 0.1555 | |||
| Jensen Alpha | 0.4481 | |||
| Total Risk Alpha | 0.3975 | |||
| Sortino Ratio | 0.1786 | |||
| Treynor Ratio | 1.44 |
NVIDIA Backtested Returns
NVIDIA appears to be very steady, given 3 months investment horizon. NVIDIA has Sharpe Ratio of 0.0829, which conveys that the firm had a 0.0829% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for NVIDIA, which you can use to evaluate the volatility of the firm. Please exercise NVIDIA's risk adjusted performance of 0.1555, and Mean Deviation of 2.0 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, NVIDIA holds a performance score of 6. The company secures a Beta (Market Risk) of 0.31, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NVIDIA's returns are expected to increase less than the market. However, during the bear market, the loss of holding NVIDIA is expected to be smaller as well. Please check NVIDIA's standard deviation, treynor ratio, downside variance, as well as the relationship between the total risk alpha and value at risk , to make a quick decision on whether NVIDIA's current price movements will revert.
Auto-correlation | 0.64 |
Good predictability
NVIDIA has good predictability. Overlapping area represents the amount of predictability between NVIDIA time series from 13th of January 2024 to 11th of July 2024 and 11th of July 2024 to 7th 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 NVIDIA price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current NVIDIA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 192.78 |
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 Transaction History module to view history of all your transactions and understand their impact on performance.
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.