Netcall PLC (Germany) Market Value
| NEW Stock | 1.15 0.10 9.52% |
| Symbol | Netcall |
Netcall PLC '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 Netcall PLC'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 Netcall PLC.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in Netcall PLC on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Netcall PLC or generate 0.0% return on investment in Netcall PLC over 30 days. Netcall PLC is related to or competes with Gamma Communications, SUN ART, COMPUTERSHARE, TRADEGATE, Spirent Communications, United Internet, and Internet Thailand. More
Netcall PLC 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 Netcall PLC'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 Netcall PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.98 | |||
| Information Ratio | 0.0926 | |||
| Maximum Drawdown | 27.55 | |||
| Value At Risk | (9.48) | |||
| Potential Upside | 9.52 |
Netcall PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Netcall PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Netcall PLC's standard deviation. In reality, there are many statistical measures that can use Netcall PLC historical prices to predict the future Netcall PLC's volatility.| Risk Adjusted Performance | 0.0872 | |||
| Jensen Alpha | 0.4521 | |||
| Total Risk Alpha | 0.3218 | |||
| Sortino Ratio | 0.0718 | |||
| Treynor Ratio | (22.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Netcall PLC'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.
Netcall PLC Backtested Returns
Netcall PLC appears to be extremely dangerous, given 3 months investment horizon. Netcall PLC has Sharpe Ratio of 0.0633, which conveys that the firm had a 0.0633% return per unit of risk over the last 3 months. We have found thirty technical indicators for Netcall PLC, which you can use to evaluate the volatility of the firm. Please exercise Netcall PLC's Risk Adjusted Performance of 0.0872, downside deviation of 5.98, and Mean Deviation of 2.75 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Netcall PLC holds a performance score of 4. The company secures a Beta (Market Risk) of -0.0205, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Netcall PLC are expected to decrease at a much lower rate. During the bear market, Netcall PLC is likely to outperform the market. Please check Netcall PLC's daily balance of power, market facilitation index, as well as the relationship between the expected short fall and value at risk , to make a quick decision on whether Netcall PLC's current price movements will revert.
Auto-correlation | -0.01 |
Very weak reverse predictability
Netcall PLC has very weak reverse predictability. Overlapping area represents the amount of predictability between Netcall PLC time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd 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 Netcall PLC price movement. The serial correlation of -0.01 indicates that just 1.0% of current Netcall PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Netcall PLC lagged returns against current returns
Autocorrelation, which is Netcall PLC 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 Netcall PLC's stock expected returns. We can calculate the autocorrelation of Netcall PLC returns to help us make a trade decision. For example, suppose you find that Netcall PLC 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 |
Netcall PLC 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 Netcall PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Netcall PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Netcall PLC stock over time.
Current vs Lagged Prices |
| Timeline |
Netcall PLC Lagged Returns
When evaluating Netcall PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Netcall PLC stock have on its future price. Netcall PLC 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, Netcall PLC autocorrelation shows the relationship between Netcall PLC stock current value and its past values and can show if there is a momentum factor associated with investing in Netcall PLC.
Regressed Prices |
| Timeline |
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Additional Tools for Netcall Stock Analysis
When running Netcall PLC's price analysis, check to measure Netcall PLC'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 Netcall PLC is operating at the current time. Most of Netcall PLC's value examination focuses on studying past and present price action to predict the probability of Netcall PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Netcall PLC's price. Additionally, you may evaluate how the addition of Netcall PLC to your portfolios can decrease your overall portfolio volatility.