Naya Biosciences, Stock Market Value
| NAYA Stock | 0.35 0.01 2.78% |
| Symbol | NAYA |
Is Medical Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NAYA Biosciences,. If investors know NAYA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NAYA Biosciences, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of NAYA Biosciences, is measured differently than its book value, which is the value of NAYA that is recorded on the company's balance sheet. Investors also form their own opinion of NAYA Biosciences,'s value that differs from its market value or its book value, called intrinsic value, which is NAYA Biosciences,'s true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NAYA Biosciences,'s market value can be influenced by many factors that don't directly affect NAYA Biosciences,'s underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NAYA Biosciences,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if NAYA Biosciences, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NAYA Biosciences,'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.
NAYA Biosciences, '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 NAYA Biosciences,'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 NAYA Biosciences,.
| 12/26/2023 |
| 02/18/2025 |
If you would invest 0.00 in NAYA Biosciences, on December 26, 2023 and sell it all today you would earn a total of 0.00 from holding NAYA Biosciences, or generate 0.0% return on investment in NAYA Biosciences, over 420 days. NAYA Biosciences, is related to or competes with Radcom, BK Technologies, Highway Holdings, Space Communication, Ziff Davis, Black Mammoth, and East Africa. More
NAYA Biosciences, 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 NAYA Biosciences,'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 NAYA Biosciences, upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 52.37 | |||
| Value At Risk | (8.75) | |||
| Potential Upside | 10.34 |
NAYA Biosciences, Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NAYA Biosciences,'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NAYA Biosciences,'s standard deviation. In reality, there are many statistical measures that can use NAYA Biosciences, historical prices to predict the future NAYA Biosciences,'s volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (1.08) | |||
| Total Risk Alpha | (1.09) | |||
| Treynor Ratio | (0.36) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NAYA Biosciences,'s 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.
NAYA Biosciences, Backtested Returns
NAYA Biosciences, has Sharpe Ratio of -0.17, which conveys that the company had a -0.17 % return per unit of standard deviation over the last 3 months. NAYA Biosciences, exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NAYA Biosciences,'s standard deviation of 7.63, and Mean Deviation of 4.88 to check out the risk estimate we provide. The firm secures a Beta (Market Risk) of 2.97, 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, NAYA Biosciences, will likely underperform. At this point, NAYA Biosciences, has a negative expected return of -1.27%. Please make sure to verify NAYA Biosciences,'s potential upside, daily balance of power, as well as the relationship between the Daily Balance Of Power and market facilitation index , to decide if NAYA Biosciences, performance from the past will be repeated at future time.
Auto-correlation | 0.39 |
Below average predictability
NAYA Biosciences, has below average predictability. Overlapping area represents the amount of predictability between NAYA Biosciences, time series from 26th of December 2023 to 23rd of July 2024 and 23rd of July 2024 to 18th of February 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 NAYA Biosciences, price movement. The serial correlation of 0.39 indicates that just about 39.0% of current NAYA Biosciences, price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
NAYA Biosciences, lagged returns against current returns
Autocorrelation, which is NAYA Biosciences, 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 NAYA Biosciences,'s stock expected returns. We can calculate the autocorrelation of NAYA Biosciences, returns to help us make a trade decision. For example, suppose you find that NAYA Biosciences, 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 |
NAYA Biosciences, 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 NAYA Biosciences, stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NAYA Biosciences, stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NAYA Biosciences, stock over time.
Current vs Lagged Prices |
| Timeline |
NAYA Biosciences, Lagged Returns
When evaluating NAYA Biosciences,'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NAYA Biosciences, stock have on its future price. NAYA Biosciences, 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, NAYA Biosciences, autocorrelation shows the relationship between NAYA Biosciences, stock current value and its past values and can show if there is a momentum factor associated with investing in NAYA Biosciences,.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether NAYA Biosciences, offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NAYA Biosciences,'s financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Naya Biosciences, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Naya Biosciences, Stock:Check out NAYA Biosciences, Correlation, NAYA Biosciences, Volatility and NAYA Biosciences, Alpha and Beta module to complement your research on NAYA Biosciences,. For information on how to trade NAYA Stock refer to our How to Trade NAYA Stock guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
NAYA Biosciences, technical stock 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, stock market cycles, or different charting patterns.