NSL Foods (Thailand) Market Value
| NSL Stock | 30.50 0.50 1.67% |
| Symbol | NSL |
NSL Foods '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 NSL Foods' 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 NSL Foods.
| 12/20/2023 |
| 12/14/2024 |
If you would invest 0.00 in NSL Foods on December 20, 2023 and sell it all today you would earn a total of 0.00 from holding NSL Foods Public or generate 0.0% return on investment in NSL Foods over 360 days. NSL Foods is related to or competes with Bangkok Dusit, Union Petrochemical, Saksiam Leasing, Thonburi Medical, PTT Global, Ekachai Medical, and Bhiraj Office. More
NSL Foods 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 NSL Foods' 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 NSL Foods Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.42 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 15.73 | |||
| Value At Risk | (3.85) | |||
| Potential Upside | 4.62 |
NSL Foods Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NSL Foods' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NSL Foods' standard deviation. In reality, there are many statistical measures that can use NSL Foods historical prices to predict the future NSL Foods' volatility.| Risk Adjusted Performance | 0.0305 | |||
| Jensen Alpha | 0.0889 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.40) |
NSL Foods Public Backtested Returns
NSL Foods Public has Sharpe Ratio of -0.0529, which conveys that the firm had a -0.0529% return per unit of volatility over the last 3 months. NSL Foods exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NSL Foods' mean deviation of 1.8, and Risk Adjusted Performance of 0.0305 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.18, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NSL Foods are expected to decrease at a much lower rate. During the bear market, NSL Foods is likely to outperform the market. At this point, NSL Foods Public has a negative expected return of -0.12%. Please make sure to verify NSL Foods' total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if NSL Foods Public performance from the past will be repeated at future time.
Auto-correlation | 0.38 |
Below average predictability
NSL Foods Public has below average predictability. Overlapping area represents the amount of predictability between NSL Foods time series from 20th of December 2023 to 17th of June 2024 and 17th of June 2024 to 14th 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 NSL Foods Public price movement. The serial correlation of 0.38 indicates that just about 38.0% of current NSL Foods price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 6.0 |
NSL Foods Public lagged returns against current returns
Autocorrelation, which is NSL Foods 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 NSL Foods' stock expected returns. We can calculate the autocorrelation of NSL Foods returns to help us make a trade decision. For example, suppose you find that NSL Foods 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 |
NSL Foods 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 NSL Foods stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NSL Foods stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NSL Foods stock over time.
Current vs Lagged Prices |
| Timeline |
NSL Foods Lagged Returns
When evaluating NSL Foods' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NSL Foods stock have on its future price. NSL Foods 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, NSL Foods autocorrelation shows the relationship between NSL Foods stock current value and its past values and can show if there is a momentum factor associated with investing in NSL Foods Public.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectOther Information on Investing in NSL Stock
NSL Foods financial ratios help investors to determine whether NSL 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 NSL with respect to the benefits of owning NSL Foods security.