Nowvertical Group Stock Market Value
| NOW Stock | 0.47 0.01 2.17% |
| Symbol | NowVertical |
NowVertical Group Price To Book Ratio
NowVertical '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 NowVertical'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 NowVertical.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in NowVertical on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding NowVertical Group or generate 0.0% return on investment in NowVertical over 90 days. NowVertical is related to or competes with Plurilock Security. Asia Now Resources Corporation, an exploration stage company, acquires, explores, and develops mineral properties in China. More
NowVertical 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 NowVertical'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 NowVertical Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.92 | |||
| Information Ratio | 0.1339 | |||
| Maximum Drawdown | 33.43 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 9.09 |
NowVertical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NowVertical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NowVertical's standard deviation. In reality, there are many statistical measures that can use NowVertical historical prices to predict the future NowVertical's volatility.| Risk Adjusted Performance | 0.1013 | |||
| Jensen Alpha | 0.6033 | |||
| Total Risk Alpha | 1.53 | |||
| Sortino Ratio | 0.1251 | |||
| Treynor Ratio | 15.25 |
NowVertical Group Backtested Returns
NowVertical appears to be out of control, given 3 months investment horizon. NowVertical Group has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13 % return per unit of risk over the last 3 months. By analyzing NowVertical's technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please exercise NowVertical's Downside Deviation of 5.92, mean deviation of 4.05, and Risk Adjusted Performance of 0.1013 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, NowVertical holds a performance score of 10. The company secures a Beta (Market Risk) of 0.0392, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NowVertical's returns are expected to increase less than the market. However, during the bear market, the loss of holding NowVertical is expected to be smaller as well. Please check NowVertical's downside variance, as well as the relationship between the accumulation distribution and price action indicator , to make a quick decision on whether NowVertical's current price movements will revert.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
NowVertical Group has almost perfect reverse predictability. Overlapping area represents the amount of predictability between NowVertical 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 NowVertical Group price movement. The serial correlation of -0.76 indicates that around 76.0% of current NowVertical price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
NowVertical Group lagged returns against current returns
Autocorrelation, which is NowVertical 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 NowVertical's stock expected returns. We can calculate the autocorrelation of NowVertical returns to help us make a trade decision. For example, suppose you find that NowVertical 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 |
NowVertical 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 NowVertical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NowVertical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NowVertical stock over time.
Current vs Lagged Prices |
| Timeline |
NowVertical Lagged Returns
When evaluating NowVertical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NowVertical stock have on its future price. NowVertical 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, NowVertical autocorrelation shows the relationship between NowVertical stock current value and its past values and can show if there is a momentum factor associated with investing in NowVertical Group.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for NowVertical Stock Analysis
When running NowVertical's price analysis, check to measure NowVertical'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 NowVertical is operating at the current time. Most of NowVertical's value examination focuses on studying past and present price action to predict the probability of NowVertical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NowVertical's price. Additionally, you may evaluate how the addition of NowVertical to your portfolios can decrease your overall portfolio volatility.