Npk International Stock Market Value
| NPKI Stock | 7.62 0.08 1.06% |
| Symbol | NPK |
Is Machinery 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 NPK International. If investors know NPK 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 NPK International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of NPK International is measured differently than its book value, which is the value of NPK that is recorded on the company's balance sheet. Investors also form their own opinion of NPK International's value that differs from its market value or its book value, called intrinsic value, which is NPK International'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 NPK International's market value can be influenced by many factors that don't directly affect NPK International'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 NPK International's value and its price as these two are different measures arrived at by different means. Investors typically determine if NPK International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NPK International'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.
NPK International '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 NPK International'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 NPK International.
| 11/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in NPK International on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding NPK International or generate 0.0% return on investment in NPK International over 60 days. NPK International is related to or competes with Saia, Mayfair Gold, Toro, MYT Netherlands, Yuexiu Transport, Grupo Aeroportuario, and Mesa Air. NPK International is entity of United States More
NPK International 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 NPK International'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 NPK International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.06 | |||
| Information Ratio | 0.0334 | |||
| Maximum Drawdown | 14.86 | |||
| Value At Risk | (2.52) | |||
| Potential Upside | 3.58 |
NPK International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NPK International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NPK International's standard deviation. In reality, there are many statistical measures that can use NPK International historical prices to predict the future NPK International's volatility.| Risk Adjusted Performance | 0.0473 | |||
| Jensen Alpha | 0.0776 | |||
| Total Risk Alpha | 0.0332 | |||
| Sortino Ratio | 0.0379 | |||
| Treynor Ratio | 0.1015 |
NPK International Backtested Returns
NPK International appears to be somewhat reliable, given 3 months investment horizon. NPK International has Sharpe Ratio of 0.0813, which conveys that the firm had a 0.0813 % return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for NPK International, which you can use to evaluate the volatility of the firm. Please exercise NPK International's risk adjusted performance of 0.0473, and Mean Deviation of 1.7 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, NPK International holds a performance score of 6. The company secures a Beta (Market Risk) of 1.02, which conveys a somewhat significant risk relative to the market. NPK International returns are very sensitive to returns on the market. As the market goes up or down, NPK International is expected to follow. Please check NPK International's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether NPK International's current price movements will revert.
Auto-correlation | -0.3 |
Weak reverse predictability
NPK International has weak reverse predictability. Overlapping area represents the amount of predictability between NPK International time series from 24th of November 2024 to 24th of December 2024 and 24th of December 2024 to 23rd 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 NPK International price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current NPK International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
NPK International lagged returns against current returns
Autocorrelation, which is NPK International 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 NPK International's stock expected returns. We can calculate the autocorrelation of NPK International returns to help us make a trade decision. For example, suppose you find that NPK International 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 |
NPK International 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 NPK International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NPK International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NPK International stock over time.
Current vs Lagged Prices |
| Timeline |
NPK International Lagged Returns
When evaluating NPK International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NPK International stock have on its future price. NPK International 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, NPK International autocorrelation shows the relationship between NPK International stock current value and its past values and can show if there is a momentum factor associated with investing in NPK International.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether NPK International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NPK International'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 Npk International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Npk International Stock:Check out NPK International Correlation, NPK International Volatility and NPK International Alpha and Beta module to complement your research on NPK International. For more detail on how to invest in NPK Stock please use our How to Invest in NPK International guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
NPK International 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.