Newcap Holding (Denmark) Market Value
| NEWCAP Stock | DKK 0.09 0.01 5.64% |
| Symbol | Newcap |
Newcap Holding '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 Newcap Holding'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 Newcap Holding.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Newcap Holding on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Newcap Holding AS or generate 0.0% return on investment in Newcap Holding over 720 days. Newcap Holding is related to or competes with SKAKO AS, Lollands Bank, Scandinavian Brake, and Rovsing AS. NewCap Holding AS provides advice on savings and insurance intermediation, and asset management to individuals and compa... More
Newcap Holding 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 Newcap Holding'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 Newcap Holding AS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 19.17 | |||
| Information Ratio | 0.0443 | |||
| Maximum Drawdown | 231.13 | |||
| Value At Risk | (7.07) | |||
| Potential Upside | 7.61 |
Newcap Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Newcap Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Newcap Holding's standard deviation. In reality, there are many statistical measures that can use Newcap Holding historical prices to predict the future Newcap Holding's volatility.| Risk Adjusted Performance | 0.0474 | |||
| Jensen Alpha | 1.71 | |||
| Total Risk Alpha | (2.47) | |||
| Sortino Ratio | 0.0567 | |||
| Treynor Ratio | (0.27) |
Newcap Holding AS Backtested Returns
Newcap Holding is out of control given 3 months investment horizon. Newcap Holding AS has Sharpe Ratio of 0.0462, which conveys that the firm had a 0.0462% return per unit of risk over the last 3 months. We are able to interpolate and break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.14% are justified by taking the suggested risk. Use Newcap Holding AS Downside Deviation of 19.17, mean deviation of 7.3, and Risk Adjusted Performance of 0.0474 to evaluate company specific risk that cannot be diversified away. Newcap Holding holds a performance score of 3 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -4.44, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Newcap Holding are expected to decrease by larger amounts. On the other hand, during market turmoil, Newcap Holding is expected to outperform it. Use Newcap Holding AS value at risk, kurtosis, price action indicator, as well as the relationship between the semi variance and rate of daily change , to analyze future returns on Newcap Holding AS.
Auto-correlation | 0.54 |
Modest predictability
Newcap Holding AS has modest predictability. Overlapping area represents the amount of predictability between Newcap Holding time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 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 Newcap Holding AS price movement. The serial correlation of 0.54 indicates that about 54.0% of current Newcap Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Newcap Holding AS lagged returns against current returns
Autocorrelation, which is Newcap Holding 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 Newcap Holding's stock expected returns. We can calculate the autocorrelation of Newcap Holding returns to help us make a trade decision. For example, suppose you find that Newcap Holding 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 |
Newcap Holding 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 Newcap Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Newcap Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Newcap Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Newcap Holding Lagged Returns
When evaluating Newcap Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Newcap Holding stock have on its future price. Newcap Holding 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, Newcap Holding autocorrelation shows the relationship between Newcap Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Newcap Holding AS.
Regressed Prices |
| Timeline |
Other Information on Investing in Newcap Stock
Newcap Holding financial ratios help investors to determine whether Newcap 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 Newcap with respect to the benefits of owning Newcap Holding security.