Nextferm Technologies (Israel) Market Value
| NXFR Stock | ILA 165.00 2.90 1.73% |
| Symbol | Nextferm |
Nextferm Technologies '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 Nextferm Technologies' 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 Nextferm Technologies.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Nextferm Technologies on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Nextferm Technologies or generate 0.0% return on investment in Nextferm Technologies over 30 days. Nextferm Technologies is related to or competes with Migdal Insurance, Batm Advanced, Sofwave Medical, Scope Metals, Opko Health, and Seach Medical. NextFerm Technologies Ltd, a food-tech company, develops and produces active ingredients based on in-house yeast develop... More
Nextferm Technologies 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 Nextferm Technologies' 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 Nextferm Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.84 | |||
| Information Ratio | 0.0657 | |||
| Maximum Drawdown | 54.94 | |||
| Value At Risk | (9.53) | |||
| Potential Upside | 18.5 |
Nextferm Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nextferm Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nextferm Technologies' standard deviation. In reality, there are many statistical measures that can use Nextferm Technologies historical prices to predict the future Nextferm Technologies' volatility.| Risk Adjusted Performance | 0.0587 | |||
| Jensen Alpha | 0.5549 | |||
| Total Risk Alpha | 0.501 | |||
| Sortino Ratio | 0.0808 | |||
| Treynor Ratio | 0.9685 |
Nextferm Technologies Backtested Returns
Nextferm Technologies appears to be very steady, given 3 months investment horizon. Nextferm Technologies has Sharpe Ratio of 0.0823, which conveys that the firm had a 0.0823 % return per unit of risk over the last 3 months. By analyzing Nextferm Technologies' technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please exercise Nextferm Technologies' Mean Deviation of 4.51, downside deviation of 6.84, and Risk Adjusted Performance of 0.0587 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Nextferm Technologies holds a performance score of 6. The company secures a Beta (Market Risk) of 0.58, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nextferm Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Nextferm Technologies is expected to be smaller as well. Please check Nextferm Technologies' maximum drawdown, potential upside, semi variance, as well as the relationship between the value at risk and downside variance , to make a quick decision on whether Nextferm Technologies' current price movements will revert.
Auto-correlation | -0.04 |
Very weak reverse predictability
Nextferm Technologies has very weak reverse predictability. Overlapping area represents the amount of predictability between Nextferm Technologies time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 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 Nextferm Technologies price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Nextferm Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 54.47 |
Nextferm Technologies lagged returns against current returns
Autocorrelation, which is Nextferm Technologies 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 Nextferm Technologies' stock expected returns. We can calculate the autocorrelation of Nextferm Technologies returns to help us make a trade decision. For example, suppose you find that Nextferm Technologies 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 |
Nextferm Technologies 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 Nextferm Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nextferm Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nextferm Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Nextferm Technologies Lagged Returns
When evaluating Nextferm Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nextferm Technologies stock have on its future price. Nextferm Technologies 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, Nextferm Technologies autocorrelation shows the relationship between Nextferm Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Nextferm Technologies.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Nextferm Stock
Nextferm Technologies financial ratios help investors to determine whether Nextferm 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 Nextferm with respect to the benefits of owning Nextferm Technologies security.