Nexans SA's market value is the price at which a share of Nexans SA trades on a public exchange. It measures the collective expectations of Nexans SA investors about its performance. Nexans SA is trading at 141.89 as of the 25th of July 2025. This is a 19.19% up since the beginning of the trading day. The stock's lowest day price was 141.89. With this module, you can estimate the performance of a buy and hold strategy of Nexans SA and determine expected loss or profit from investing in Nexans SA over a given investment horizon. Check out Nexans SA Correlation, Nexans SA Volatility and Nexans SA Alpha and Beta module to complement your research on Nexans SA.
Please note, there is a significant difference between Nexans SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexans SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexans SA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Nexans SA '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 Nexans SA's 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 Nexans SA.
0.00
04/26/2025
No Change 0.00
0.0
In 3 months and 1 day
07/25/2025
0.00
If you would invest 0.00 in Nexans SA on April 26, 2025 and sell it all today you would earn a total of 0.00 from holding Nexans SA or generate 0.0% return on investment in Nexans SA over 90 days. Nexans SA is related to or competes with Novonix, Novonix, Flux Power, Atkore International, Hubbell, Enersys, and Advanced Energy. Nexans S.A. manufactures and sells cables in France and internationally More
Nexans SA 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 Nexans SA's 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 Nexans SA upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nexans SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nexans SA's standard deviation. In reality, there are many statistical measures that can use Nexans SA historical prices to predict the future Nexans SA's volatility.
Nexans SA appears to be very steady, given 3 months investment horizon. Nexans SA has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17 % return per unit of risk over the last 3 months. By analyzing Nexans SA's technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please exercise Nexans SA's Standard Deviation of 3.77, risk adjusted performance of 0.1414, and Mean Deviation of 1.15 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Nexans SA holds a performance score of 13. The company secures a Beta (Market Risk) of -1.0, which conveys possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Nexans SA are expected to decrease slowly. On the other hand, during market turmoil, Nexans SA is expected to outperform it slightly. Please check Nexans SA's variance, as well as the relationship between the skewness and day typical price , to make a quick decision on whether Nexans SA's current price movements will revert.
Auto-correlation
0.62
Good predictability
Nexans SA has good predictability. Overlapping area represents the amount of predictability between Nexans SA time series from 26th of April 2025 to 10th of June 2025 and 10th of June 2025 to 25th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nexans SA price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Nexans SA price fluctuation can be explain by its past prices.
Correlation Coefficient
0.62
Spearman Rank Test
0.91
Residual Average
0.0
Price Variance
0.97
Nexans SA lagged returns against current returns
Autocorrelation, which is Nexans SA 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 Nexans SA's pink sheet expected returns. We can calculate the autocorrelation of Nexans SA returns to help us make a trade decision. For example, suppose you find that Nexans SA 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
Nexans SA 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 Nexans SA pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nexans SA pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nexans SA pink sheet over time.
Current vs Lagged Prices
Timeline
Nexans SA Lagged Returns
When evaluating Nexans SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nexans SA pink sheet have on its future price. Nexans SA 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, Nexans SA autocorrelation shows the relationship between Nexans SA pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Nexans SA.
Other Information on Investing in Nexans Pink Sheet
Nexans SA financial ratios help investors to determine whether Nexans Pink Sheet 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 Nexans with respect to the benefits of owning Nexans SA security.