Ncs Multistage Holdings Stock Market Value
| NCSM Stock | USD 26.76 1.24 4.43% |
| Symbol | NCS |
NCS Multistage Holdings Price To Book Ratio
Is Oil & Gas Equipment & Services 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 NCS Multistage. If investors know NCS 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 NCS Multistage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.92) | Earnings Share 2.55 | Revenue Per Share | Quarterly Revenue Growth 0.277 | Return On Assets |
The market value of NCS Multistage Holdings is measured differently than its book value, which is the value of NCS that is recorded on the company's balance sheet. Investors also form their own opinion of NCS Multistage's value that differs from its market value or its book value, called intrinsic value, which is NCS Multistage'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 NCS Multistage's market value can be influenced by many factors that don't directly affect NCS Multistage'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 NCS Multistage's value and its price as these two are different measures arrived at by different means. Investors typically determine if NCS Multistage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NCS Multistage'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.
NCS Multistage '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 NCS Multistage'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 NCS Multistage.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in NCS Multistage on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding NCS Multistage Holdings or generate 0.0% return on investment in NCS Multistage over 90 days. NCS Multistage is related to or competes with Bri Chem, NXT Energy, Bristow, Natural Gas, National Energy, MRC Global, and Nine Energy. NCS Multistage Holdings, Inc. provides engineered products and support services for oil and natural gas well completions... More
NCS Multistage 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 NCS Multistage'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 NCS Multistage Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.87 | |||
| Information Ratio | 0.1079 | |||
| Maximum Drawdown | 17.02 | |||
| Value At Risk | (4.24) | |||
| Potential Upside | 6.23 |
NCS Multistage Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NCS Multistage's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NCS Multistage's standard deviation. In reality, there are many statistical measures that can use NCS Multistage historical prices to predict the future NCS Multistage's volatility.| Risk Adjusted Performance | 0.0648 | |||
| Jensen Alpha | 0.332 | |||
| Total Risk Alpha | 0.7733 | |||
| Sortino Ratio | 0.1245 | |||
| Treynor Ratio | 0.2618 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NCS Multistage'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.
NCS Multistage Holdings Backtested Returns
As of now, NCS Stock is very steady. NCS Multistage Holdings has Sharpe Ratio of 0.0126, which conveys that the company had a 0.0126 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for NCS Multistage, which you can use to evaluate the volatility of the entity. Please verify NCS Multistage's mean deviation of 2.49, and Downside Deviation of 2.87 to check out if the risk estimate we provide is consistent with the expected return of 0.0402%. The firm secures a Beta (Market Risk) of 0.82, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NCS Multistage's returns are expected to increase less than the market. However, during the bear market, the loss of holding NCS Multistage is expected to be smaller as well. NCS Multistage Holdings currently secures a risk of 3.2%. Please verify NCS Multistage Holdings potential upside, as well as the relationship between the kurtosis and day typical price , to decide if NCS Multistage Holdings will be following its current price movements.
Auto-correlation | -0.8 |
Almost perfect reverse predictability
NCS Multistage Holdings has almost perfect reverse predictability. Overlapping area represents the amount of predictability between NCS Multistage time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 NCS Multistage Holdings price movement. The serial correlation of -0.8 indicates that around 80.0% of current NCS Multistage price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.8 | |
| Spearman Rank Test | -0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 2.18 |
NCS Multistage Holdings lagged returns against current returns
Autocorrelation, which is NCS Multistage 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 NCS Multistage's stock expected returns. We can calculate the autocorrelation of NCS Multistage returns to help us make a trade decision. For example, suppose you find that NCS Multistage 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 |
NCS Multistage 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 NCS Multistage stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NCS Multistage stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NCS Multistage stock over time.
Current vs Lagged Prices |
| Timeline |
NCS Multistage Lagged Returns
When evaluating NCS Multistage's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NCS Multistage stock have on its future price. NCS Multistage 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, NCS Multistage autocorrelation shows the relationship between NCS Multistage stock current value and its past values and can show if there is a momentum factor associated with investing in NCS Multistage Holdings.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out NCS Multistage Correlation, NCS Multistage Volatility and NCS Multistage Alpha and Beta module to complement your research on NCS Multistage. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
NCS Multistage 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.