Nok Airlines Public Stock Market Value
| NOKFF Stock | USD 0.1 0.00 0.00% |
| Symbol | Nok |
Nok Airlines '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 Nok Airlines' otc 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 Nok Airlines.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in Nok Airlines on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding Nok Airlines Public or generate 0.0% return on investment in Nok Airlines over 30 days. Nok Airlines is related to or competes with Atlantic American, Funko, BRP, Brunswick, ANTA Sports, Palomar Holdings, and Emerson Radio. Nok Airlines Public Company Limited provides air transport services for passengers, and parcels and parcel posts in Thai... More
Nok Airlines 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 Nok Airlines' otc 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 Nok Airlines Public upside and downside potential and time the market with a certain degree of confidence.
Nok Airlines Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nok Airlines' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nok Airlines' standard deviation. In reality, there are many statistical measures that can use Nok Airlines historical prices to predict the future Nok Airlines' volatility.Nok Airlines Public Backtested Returns
We have found three technical indicators for Nok Airlines, which you can use to evaluate the volatility of the firm. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Nok Airlines are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Nok Airlines Public has perfect predictability. Overlapping area represents the amount of predictability between Nok Airlines time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th 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 Nok Airlines Public price movement. The serial correlation of 1.0 indicates that 100.0% of current Nok Airlines price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Nok Airlines Public lagged returns against current returns
Autocorrelation, which is Nok Airlines otc 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 Nok Airlines' otc stock expected returns. We can calculate the autocorrelation of Nok Airlines returns to help us make a trade decision. For example, suppose you find that Nok Airlines has exhibited high autocorrelation historically, and you observe that the otc 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 |
Nok Airlines 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 Nok Airlines otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nok Airlines otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nok Airlines otc stock over time.
Current vs Lagged Prices |
| Timeline |
Nok Airlines Lagged Returns
When evaluating Nok Airlines' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nok Airlines otc stock have on its future price. Nok Airlines 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, Nok Airlines autocorrelation shows the relationship between Nok Airlines otc stock current value and its past values and can show if there is a momentum factor associated with investing in Nok Airlines Public.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Nok OTC Stock
Nok Airlines financial ratios help investors to determine whether Nok OTC 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 Nok with respect to the benefits of owning Nok Airlines security.