Naspers Limited Stock Market Value
| NAPRF Stock | USD 217.00 26.00 13.61% |
| Symbol | Naspers |
Naspers '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 Naspers' pink sheet 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 Naspers.
| 02/17/2024 |
| 05/17/2024 |
If you would invest 0.00 in Naspers on February 17, 2024 and sell it all today you would earn a total of 0.00 from holding Naspers Limited or generate 0.0% return on investment in Naspers over 90 days. Naspers is related to or competes with Prosus NV, IAC, Autohome, Tencent Holdings, YY, Hello, and Baidu. Naspers Limited operates in the consumer internet industry worldwide More
Naspers 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 Naspers' pink sheet 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 Naspers Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0941 | |||
| Maximum Drawdown | 13.61 | |||
| Value At Risk | (1.19) | |||
| Potential Upside | 3.84 |
Naspers Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Naspers' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Naspers' standard deviation. In reality, there are many statistical measures that can use Naspers historical prices to predict the future Naspers' volatility.| Risk Adjusted Performance | 0.0871 | |||
| Jensen Alpha | 0.2106 | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 0.2719 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Naspers' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Naspers Limited Backtested Returns
Naspers appears to be very steady, given 3 months investment horizon. Naspers Limited has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Naspers, which you can use to evaluate the volatility of the firm. Please exercise Naspers' Standard Deviation of 2.38, risk adjusted performance of 0.0871, and Mean Deviation of 1.01 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Naspers holds a performance score of 10. The company secures a Beta (Market Risk) of 1.15, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Naspers will likely underperform. Please check Naspers' treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to make a quick decision on whether Naspers' current price movements will revert.
Auto-correlation | -0.62 |
Very good reverse predictability
Naspers Limited has very good reverse predictability. Overlapping area represents the amount of predictability between Naspers time series from 17th of February 2024 to 2nd of April 2024 and 2nd of April 2024 to 17th of May 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 Naspers Limited price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Naspers price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 72.49 |
Naspers Limited lagged returns against current returns
Autocorrelation, which is Naspers pink sheet'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 Naspers' pink sheet expected returns. We can calculate the autocorrelation of Naspers returns to help us make a trade decision. For example, suppose you find that Naspers has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Naspers 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 Naspers pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Naspers pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Naspers pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Naspers Lagged Returns
When evaluating Naspers' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Naspers pink sheet have on its future price. Naspers 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, Naspers autocorrelation shows the relationship between Naspers pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Naspers Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Naspers Correlation, Naspers Volatility and Naspers Alpha and Beta module to complement your research on Naspers. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Naspers Pink Sheet analysis
When running Naspers' price analysis, check to measure Naspers' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Naspers is operating at the current time. Most of Naspers' value examination focuses on studying past and present price action to predict the probability of Naspers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Naspers' price. Additionally, you may evaluate how the addition of Naspers to your portfolios can decrease your overall portfolio volatility.
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Naspers technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.