NESNVX 425 01 OCT 29 Market Value

641062BC7   97.87  0.30  0.31%   
NESNVX's market value is the price at which a share of NESNVX trades on an exchange. It measures the collective expectations of NESNVX 425 01 OCT 29 investors about the bond's future performance. With this module, you can estimate the performance of a buy and hold strategy of NESNVX 425 01 OCT 29 and determine expected loss or profit from investing in NESNVX over a given investment horizon.
Check out NESNVX Correlation, NESNVX Volatility and NESNVX Alpha and Beta module to complement your research on NESNVX.
Symbol

Please note, there is a significant difference between NESNVX's value and its price as these two are different measures arrived at by different means. Investors typically determine if NESNVX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NESNVX's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

NESNVX '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 NESNVX's bond 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 NESNVX.
0.00
12/30/2023
No Change 0.00  0.0 
In 11 months and 27 days
12/24/2024
0.00
If you would invest  0.00  in NESNVX on December 30, 2023 and sell it all today you would earn a total of 0.00 from holding NESNVX 425 01 OCT 29 or generate 0.0% return on investment in NESNVX over 360 days. NESNVX is related to or competes with Procter Gamble, Toro, Eastern, Edgewell Personal, and European Wax. More

NESNVX 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 NESNVX's bond 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 NESNVX 425 01 OCT 29 upside and downside potential and time the market with a certain degree of confidence.

NESNVX Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for NESNVX's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NESNVX's standard deviation. In reality, there are many statistical measures that can use NESNVX historical prices to predict the future NESNVX's volatility.
Hype
Prediction
LowEstimatedHigh
97.1097.8798.64
Details
Intrinsic
Valuation
LowRealHigh
97.4298.1998.96
Details

NESNVX 425 01 Backtested Returns

At this point, NESNVX is very steady. NESNVX 425 01 has Sharpe Ratio of 0.0064, which conveys that the entity had a 0.0064% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for NESNVX, which you can use to evaluate the volatility of the bond. Please verify NESNVX's Mean Deviation of 0.4019, market risk adjusted performance of 0.0819, and Risk Adjusted Performance of 0.0168 to check out if the risk estimate we provide is consistent with the expected return of 0.0049%. The bond secures a Beta (Market Risk) of 0.0741, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NESNVX's returns are expected to increase less than the market. However, during the bear market, the loss of holding NESNVX is expected to be smaller as well.

Auto-correlation

    
  0.01  

Virtually no predictability

NESNVX 425 01 OCT 29 has virtually no predictability. Overlapping area represents the amount of predictability between NESNVX time series from 30th of December 2023 to 27th of June 2024 and 27th of June 2024 to 24th 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 NESNVX 425 01 price movement. The serial correlation of 0.01 indicates that just 1.0% of current NESNVX price fluctuation can be explain by its past prices.
Correlation Coefficient0.01
Spearman Rank Test0.45
Residual Average0.0
Price Variance1.33

NESNVX 425 01 lagged returns against current returns

Autocorrelation, which is NESNVX bond'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 NESNVX's bond expected returns. We can calculate the autocorrelation of NESNVX returns to help us make a trade decision. For example, suppose you find that NESNVX has exhibited high autocorrelation historically, and you observe that the bond 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  

NESNVX 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 NESNVX bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NESNVX bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NESNVX bond over time.
   Current vs Lagged Prices   
       Timeline  

NESNVX Lagged Returns

When evaluating NESNVX's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NESNVX bond have on its future price. NESNVX 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, NESNVX autocorrelation shows the relationship between NESNVX bond current value and its past values and can show if there is a momentum factor associated with investing in NESNVX 425 01 OCT 29.
   Regressed Prices   
       Timeline  

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Other Information on Investing in NESNVX Bond

NESNVX financial ratios help investors to determine whether NESNVX Bond 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 NESNVX with respect to the benefits of owning NESNVX security.