NIPPON PROLOGIS (Germany) Market Value
| 9NPA Stock | EUR 1,430 20.00 1.42% |
| Symbol | NIPPON |
NIPPON PROLOGIS '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 NIPPON PROLOGIS'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 NIPPON PROLOGIS.
| 10/04/2024 |
| 12/03/2024 |
If you would invest 0.00 in NIPPON PROLOGIS on October 4, 2024 and sell it all today you would earn a total of 0.00 from holding NIPPON PROLOGIS REIT or generate 0.0% return on investment in NIPPON PROLOGIS over 60 days. NIPPON PROLOGIS is related to or competes with SEGRO Plc, EastGroup Properties, Ascendas Real, STAG Industrial, and Mapletree Industrial. NPR was established on Nov. 7, 2012, based on the Act on Investment Trust and Investment Corporation and was listed on t... More
NIPPON PROLOGIS 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 NIPPON PROLOGIS'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 NIPPON PROLOGIS REIT upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 5.34 | |||
| Value At Risk | (2.55) | |||
| Potential Upside | 2.13 |
NIPPON PROLOGIS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NIPPON PROLOGIS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NIPPON PROLOGIS's standard deviation. In reality, there are many statistical measures that can use NIPPON PROLOGIS historical prices to predict the future NIPPON PROLOGIS's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | 0.2592 |
NIPPON PROLOGIS REIT Backtested Returns
NIPPON PROLOGIS REIT has Sharpe Ratio of -0.0688, which conveys that the firm had a -0.0688% return per unit of volatility over the last 3 months. NIPPON PROLOGIS exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NIPPON PROLOGIS's risk adjusted performance of (0.04), and Mean Deviation of 1.09 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.32, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning NIPPON PROLOGIS are expected to decrease at a much lower rate. During the bear market, NIPPON PROLOGIS is likely to outperform the market. At this point, NIPPON PROLOGIS REIT has a negative expected return of -0.0946%. Please make sure to verify NIPPON PROLOGIS's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if NIPPON PROLOGIS REIT performance from the past will be repeated at future time.
Auto-correlation | -0.51 |
Good reverse predictability
NIPPON PROLOGIS REIT has good reverse predictability. Overlapping area represents the amount of predictability between NIPPON PROLOGIS time series from 4th of October 2024 to 3rd of November 2024 and 3rd of November 2024 to 3rd 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 NIPPON PROLOGIS REIT price movement. The serial correlation of -0.51 indicates that about 51.0% of current NIPPON PROLOGIS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 485.33 |
NIPPON PROLOGIS REIT lagged returns against current returns
Autocorrelation, which is NIPPON PROLOGIS 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 NIPPON PROLOGIS's stock expected returns. We can calculate the autocorrelation of NIPPON PROLOGIS returns to help us make a trade decision. For example, suppose you find that NIPPON PROLOGIS 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 |
NIPPON PROLOGIS 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 NIPPON PROLOGIS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NIPPON PROLOGIS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NIPPON PROLOGIS stock over time.
Current vs Lagged Prices |
| Timeline |
NIPPON PROLOGIS Lagged Returns
When evaluating NIPPON PROLOGIS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NIPPON PROLOGIS stock have on its future price. NIPPON PROLOGIS 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, NIPPON PROLOGIS autocorrelation shows the relationship between NIPPON PROLOGIS stock current value and its past values and can show if there is a momentum factor associated with investing in NIPPON PROLOGIS REIT.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in NIPPON Stock
NIPPON PROLOGIS financial ratios help investors to determine whether NIPPON 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 NIPPON with respect to the benefits of owning NIPPON PROLOGIS security.