Ntg Clarity Networks Stock Market Value

NCI Stock  CAD 1.57  0.02  1.29%   
NTG Clarity's market value is the price at which a share of NTG Clarity trades on a public exchange. It measures the collective expectations of NTG Clarity Networks investors about its performance. NTG Clarity is selling for under 1.57 as of the 25th of December 2024; that is 1.29% up since the beginning of the trading day. The stock's lowest day price was 1.54.
With this module, you can estimate the performance of a buy and hold strategy of NTG Clarity Networks and determine expected loss or profit from investing in NTG Clarity over a given investment horizon. Check out NTG Clarity Correlation, NTG Clarity Volatility and NTG Clarity Alpha and Beta module to complement your research on NTG Clarity.
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NTG Clarity Networks Price To Book Ratio

Please note, there is a significant difference between NTG Clarity's value and its price as these two are different measures arrived at by different means. Investors typically determine if NTG Clarity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NTG Clarity'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.

NTG Clarity '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 NTG Clarity'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 NTG Clarity.
0.00
11/25/2024
No Change 0.00  0.0 
In 30 days
12/25/2024
0.00
If you would invest  0.00  in NTG Clarity on November 25, 2024 and sell it all today you would earn a total of 0.00 from holding NTG Clarity Networks or generate 0.0% return on investment in NTG Clarity over 30 days. NTG Clarity is related to or competes with Avante Logixx, NamSys, Redishred Capital, and Biosyent. NTG Clarity Networks Inc. provides telecommunications engineering, information technology, networking, and related softw... More

NTG Clarity 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 NTG Clarity'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 NTG Clarity Networks upside and downside potential and time the market with a certain degree of confidence.

NTG Clarity Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for NTG Clarity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NTG Clarity's standard deviation. In reality, there are many statistical measures that can use NTG Clarity historical prices to predict the future NTG Clarity's volatility.
Hype
Prediction
LowEstimatedHigh
0.081.576.94
Details
Intrinsic
Valuation
LowRealHigh
0.061.226.59
Details

NTG Clarity Networks Backtested Returns

NTG Clarity appears to be extremely dangerous, given 3 months investment horizon. NTG Clarity Networks has Sharpe Ratio of 0.0868, which conveys that the firm had a 0.0868% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for NTG Clarity, which you can use to evaluate the volatility of the firm. Please exercise NTG Clarity's mean deviation of 3.81, and Risk Adjusted Performance of 0.061 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, NTG Clarity holds a performance score of 6. The company secures a Beta (Market Risk) of 1.41, 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, NTG Clarity will likely underperform. Please check NTG Clarity's jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether NTG Clarity's current price movements will revert.

Auto-correlation

    
  0.39  

Below average predictability

NTG Clarity Networks has below average predictability. Overlapping area represents the amount of predictability between NTG Clarity time series from 25th of November 2024 to 10th of December 2024 and 10th of December 2024 to 25th 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 NTG Clarity Networks price movement. The serial correlation of 0.39 indicates that just about 39.0% of current NTG Clarity price fluctuation can be explain by its past prices.
Correlation Coefficient0.39
Spearman Rank Test0.62
Residual Average0.0
Price Variance0.0

NTG Clarity Networks lagged returns against current returns

Autocorrelation, which is NTG Clarity 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 NTG Clarity's stock expected returns. We can calculate the autocorrelation of NTG Clarity returns to help us make a trade decision. For example, suppose you find that NTG Clarity 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  

NTG Clarity 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 NTG Clarity stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NTG Clarity stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NTG Clarity stock over time.
   Current vs Lagged Prices   
       Timeline  

NTG Clarity Lagged Returns

When evaluating NTG Clarity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NTG Clarity stock have on its future price. NTG Clarity 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, NTG Clarity autocorrelation shows the relationship between NTG Clarity stock current value and its past values and can show if there is a momentum factor associated with investing in NTG Clarity Networks.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for NTG Stock Analysis

When running NTG Clarity's price analysis, check to measure NTG Clarity's 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 NTG Clarity is operating at the current time. Most of NTG Clarity's value examination focuses on studying past and present price action to predict the probability of NTG Clarity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NTG Clarity's price. Additionally, you may evaluate how the addition of NTG Clarity to your portfolios can decrease your overall portfolio volatility.