New Mountain Finance Stock Market Value
| NMFC Stock | USD 11.82 0.02 0.17% |
| Symbol | New |
New Mountain Finance Price To Book Ratio
Is Asset Management & Custody Banks 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 New Mountain. If investors know New 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 New Mountain 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 (0.19) | Dividend Share 1.28 | Earnings Share 1.04 | Revenue Per Share 3.557 | Quarterly Revenue Growth 0.01 |
The market value of New Mountain Finance is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Mountain's value that differs from its market value or its book value, called intrinsic value, which is New Mountain'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 New Mountain's market value can be influenced by many factors that don't directly affect New Mountain'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 New Mountain's value and its price as these two are different measures arrived at by different means. Investors typically determine if New Mountain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Mountain'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.
New Mountain '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 New Mountain'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 New Mountain.
| 09/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in New Mountain on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding New Mountain Finance or generate 0.0% return on investment in New Mountain over 60 days. New Mountain is related to or competes with BlackRock TCP, Carlyle Secured, Sixth Street, WhiteHorse Finance, Fidus Investment, Golub Capital, and Triplepoint Venture. New Mountain Finance Corporation , a business development company is a private equity buyouts and loan fund specializes ... More
New Mountain 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 New Mountain'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 New Mountain Finance upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 4.41 | |||
| Value At Risk | (1.11) | |||
| Potential Upside | 1.93 |
New Mountain Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for New Mountain's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as New Mountain's standard deviation. In reality, there are many statistical measures that can use New Mountain historical prices to predict the future New Mountain's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | 0.9704 |
New Mountain Finance Backtested Returns
New Mountain Finance has Sharpe Ratio of -0.0172, which conveys that the firm had a -0.0172% return per unit of risk over the last 3 months. New Mountain exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify New Mountain's Standard Deviation of 0.9094, mean deviation of 0.6311, and Risk Adjusted Performance of (0.01) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0297, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning New Mountain are expected to decrease at a much lower rate. During the bear market, New Mountain is likely to outperform the market. At this point, New Mountain Finance has a negative expected return of -0.0158%. Please make sure to verify New Mountain's kurtosis, as well as the relationship between the rate of daily change and market facilitation index , to decide if New Mountain Finance performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.66 |
Very good reverse predictability
New Mountain Finance has very good reverse predictability. Overlapping area represents the amount of predictability between New Mountain time series from 29th of September 2024 to 29th of October 2024 and 29th of October 2024 to 28th of November 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 New Mountain Finance price movement. The serial correlation of -0.66 indicates that around 66.0% of current New Mountain price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
New Mountain Finance lagged returns against current returns
Autocorrelation, which is New Mountain 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 New Mountain's stock expected returns. We can calculate the autocorrelation of New Mountain returns to help us make a trade decision. For example, suppose you find that New Mountain 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 |
New Mountain 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 New Mountain stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if New Mountain stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in New Mountain stock over time.
Current vs Lagged Prices |
| Timeline |
New Mountain Lagged Returns
When evaluating New Mountain's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of New Mountain stock have on its future price. New Mountain 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, New Mountain autocorrelation shows the relationship between New Mountain stock current value and its past values and can show if there is a momentum factor associated with investing in New Mountain Finance.
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 New Mountain Finance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of New Mountain'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 New Mountain Finance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on New Mountain Finance Stock:Check out New Mountain Correlation, New Mountain Volatility and New Mountain Alpha and Beta module to complement your research on New Mountain. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
New Mountain 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.