Now Corp (Philippines) Market Value
| NOW Stock | 0.62 0.02 3.33% |
| Symbol | Now |
Now Corp '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 Now Corp'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 Now Corp.
| 07/24/2024 |
| 01/20/2025 |
If you would invest 0.00 in Now Corp on July 24, 2024 and sell it all today you would earn a total of 0.00 from holding Now Corp or generate 0.0% return on investment in Now Corp over 180 days. Now Corp is related to or competes with Philippine Savings, SM Investments, Robinsons Retail, Top Frontier, Semirara Mining, Crown Asia, and Metro Retail. More
Now Corp 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 Now Corp'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 Now Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 26.05 | |||
| Value At Risk | (4.55) | |||
| Potential Upside | 3.39 |
Now Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Now Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Now Corp's standard deviation. In reality, there are many statistical measures that can use Now Corp historical prices to predict the future Now Corp's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | 0.3997 |
Now Corp Backtested Returns
Now Corp has Sharpe Ratio of -0.0326, which conveys that the firm had a -0.0326 % return per unit of risk over the last 3 months. Now Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Now Corp's Risk Adjusted Performance of (0.03), standard deviation of 3.54, and Mean Deviation of 2.28 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.39, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Now Corp are expected to decrease at a much lower rate. During the bear market, Now Corp is likely to outperform the market. At this point, Now Corp has a negative expected return of -0.12%. Please make sure to verify Now Corp's value at risk, accumulation distribution, as well as the relationship between the Accumulation Distribution and day typical price , to decide if Now Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.66 |
Good predictability
Now Corp has good predictability. Overlapping area represents the amount of predictability between Now Corp time series from 24th of July 2024 to 22nd of October 2024 and 22nd of October 2024 to 20th 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 Now Corp price movement. The serial correlation of 0.66 indicates that around 66.0% of current Now Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Now Corp lagged returns against current returns
Autocorrelation, which is Now Corp 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 Now Corp's stock expected returns. We can calculate the autocorrelation of Now Corp returns to help us make a trade decision. For example, suppose you find that Now Corp 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 |
Now Corp 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 Now Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Now Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Now Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Now Corp Lagged Returns
When evaluating Now Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Now Corp stock have on its future price. Now Corp 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, Now Corp autocorrelation shows the relationship between Now Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Now Corp.
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 Now Stock
Now Corp financial ratios help investors to determine whether Now 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 Now with respect to the benefits of owning Now Corp security.