Nexity (France) Market Value
| NXI Stock | EUR 10.04 0.19 1.93% |
| Symbol | Nexity |
Nexity '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 Nexity'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 Nexity.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Nexity on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Nexity or generate 0.0% return on investment in Nexity over 90 days. Nexity is related to or competes with Rubis SCA, Icade SA, Klepierre, SCOR SE, and Coface SA. Nexity SA operates as a real estate company in Europe and internationally More
Nexity 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 Nexity'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 Nexity upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 24.97 | |||
| Value At Risk | (4.10) | |||
| Potential Upside | 3.04 |
Nexity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nexity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nexity's standard deviation. In reality, there are many statistical measures that can use Nexity historical prices to predict the future Nexity's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | 0.1456 | |||
| Treynor Ratio | 3.43 |
Nexity Backtested Returns
Nexity has Sharpe Ratio of -0.095, which conveys that the firm had a -0.095 % return per unit of risk over the last 3 months. Nexity exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nexity's Standard Deviation of 3.29, mean deviation of 2.07, and Risk Adjusted Performance of (0.06) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0777, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nexity are expected to decrease at a much lower rate. During the bear market, Nexity is likely to outperform the market. At this point, Nexity has a negative expected return of -0.32%. Please make sure to verify Nexity's accumulation distribution, as well as the relationship between the day median price and price action indicator , to decide if Nexity performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.31 |
Below average predictability
Nexity has below average predictability. Overlapping area represents the amount of predictability between Nexity time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Nexity price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Nexity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 1.97 |
Nexity lagged returns against current returns
Autocorrelation, which is Nexity 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 Nexity's stock expected returns. We can calculate the autocorrelation of Nexity returns to help us make a trade decision. For example, suppose you find that Nexity 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 |
Nexity 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 Nexity stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nexity stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nexity stock over time.
Current vs Lagged Prices |
| Timeline |
Nexity Lagged Returns
When evaluating Nexity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nexity stock have on its future price. Nexity 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, Nexity autocorrelation shows the relationship between Nexity stock current value and its past values and can show if there is a momentum factor associated with investing in Nexity.
Regressed Prices |
| Timeline |
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Nexity financial ratios help investors to determine whether Nexity 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 Nexity with respect to the benefits of owning Nexity security.