Netweb Technologies (India) Market Value
| NETWEB Stock | 2,338 141.25 6.43% |
| Symbol | Netweb |
Netweb Technologies '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 Netweb Technologies' 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 Netweb Technologies.
| 02/01/2023 |
| 01/21/2025 |
If you would invest 0.00 in Netweb Technologies on February 1, 2023 and sell it all today you would earn a total of 0.00 from holding Netweb Technologies India or generate 0.0% return on investment in Netweb Technologies over 720 days. Netweb Technologies is related to or competes with SANOFI S, GPT Healthcare, Lemon Tree, Royal Orchid, Blue Jet, Byke Hospitality, and Zota Health. Netweb Technologies is entity of India. It is traded as Stock on NSE exchange. More
Netweb Technologies 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 Netweb Technologies' 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 Netweb Technologies India upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 12.44 | |||
| Value At Risk | (4.71) | |||
| Potential Upside | 4.87 |
Netweb Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Netweb Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Netweb Technologies' standard deviation. In reality, there are many statistical measures that can use Netweb Technologies historical prices to predict the future Netweb Technologies' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (1.14) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Netweb Technologies' 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.
Netweb Technologies India Backtested Returns
Netweb Technologies India has Sharpe Ratio of -0.0516, which conveys that the firm had a -0.0516 % return per unit of risk over the last 3 months. Netweb Technologies exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Netweb Technologies' Mean Deviation of 2.03, risk adjusted performance of (0.05), and Standard Deviation of 2.69 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.16, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Netweb Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Netweb Technologies is expected to be smaller as well. At this point, Netweb Technologies India has a negative expected return of -0.15%. Please make sure to verify Netweb Technologies' maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Netweb Technologies India performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.72 |
Good predictability
Netweb Technologies India has good predictability. Overlapping area represents the amount of predictability between Netweb Technologies time series from 1st of February 2023 to 27th of January 2024 and 27th of January 2024 to 21st of January 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 Netweb Technologies India price movement. The serial correlation of 0.72 indicates that around 72.0% of current Netweb Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 188.1 K |
Netweb Technologies India lagged returns against current returns
Autocorrelation, which is Netweb Technologies 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 Netweb Technologies' stock expected returns. We can calculate the autocorrelation of Netweb Technologies returns to help us make a trade decision. For example, suppose you find that Netweb Technologies 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 |
Netweb Technologies 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 Netweb Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Netweb Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Netweb Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Netweb Technologies Lagged Returns
When evaluating Netweb Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Netweb Technologies stock have on its future price. Netweb Technologies 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, Netweb Technologies autocorrelation shows the relationship between Netweb Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Netweb Technologies India.
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.Other Information on Investing in Netweb Stock
Netweb Technologies financial ratios help investors to determine whether Netweb 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 Netweb with respect to the benefits of owning Netweb Technologies security.