National Rural Utilities Stock Market Value
| NRUC Stock | USD 24.54 0.21 0.85% |
| Symbol | National |
National Rural Utilities Company Valuation
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 National Rural. If investors know National 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 National Rural 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 National Rural Utilities is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Rural's value that differs from its market value or its book value, called intrinsic value, which is National Rural'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 National Rural's market value can be influenced by many factors that don't directly affect National Rural'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 National Rural's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Rural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Rural'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.
National Rural '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 National Rural'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 National Rural.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in National Rural on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding National Rural Utilities or generate 0.0% return on investment in National Rural over 720 days. National Rural is related to or competes with CMS Energy, Southern, Duke Energy, Southern, and Affiliated Managers. National Rural is entity of United States More
National Rural 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 National Rural'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 National Rural Utilities upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6256 | |||
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 2.58 | |||
| Value At Risk | (1.17) | |||
| Potential Upside | 0.8512 |
National Rural Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for National Rural's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as National Rural's standard deviation. In reality, there are many statistical measures that can use National Rural historical prices to predict the future National Rural's volatility.| Risk Adjusted Performance | 0.0066 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.21) | |||
| Treynor Ratio | (0.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of National Rural'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.
National Rural Utilities Backtested Returns
At this point, National Rural is very steady. National Rural Utilities has Sharpe Ratio of 0.0482, which conveys that the firm had a 0.0482% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for National Rural, which you can use to evaluate the volatility of the firm. Please verify National Rural's Mean Deviation of 0.4685, risk adjusted performance of 0.0066, and Downside Deviation of 0.6256 to check out if the risk estimate we provide is consistent with the expected return of 0.0307%. National Rural has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.11, which conveys not very significant fluctuations relative to the market. As returns on the market increase, National Rural's returns are expected to increase less than the market. However, during the bear market, the loss of holding National Rural is expected to be smaller as well. National Rural Utilities right now secures a risk of 0.64%. Please verify National Rural Utilities expected short fall, and the relationship between the value at risk and daily balance of power , to decide if National Rural Utilities will be following its current price movements.
Auto-correlation | -0.11 |
Insignificant reverse predictability
National Rural Utilities has insignificant reverse predictability. Overlapping area represents the amount of predictability between National Rural time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 National Rural Utilities price movement. The serial correlation of -0.11 indicates that less than 11.0% of current National Rural price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
National Rural Utilities lagged returns against current returns
Autocorrelation, which is National Rural 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 National Rural's stock expected returns. We can calculate the autocorrelation of National Rural returns to help us make a trade decision. For example, suppose you find that National Rural 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 |
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National Rural 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 National Rural stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if National Rural stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in National Rural stock over time.
Current vs Lagged Prices |
| Timeline |
National Rural Lagged Returns
When evaluating National Rural's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of National Rural stock have on its future price. National Rural 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, National Rural autocorrelation shows the relationship between National Rural stock current value and its past values and can show if there is a momentum factor associated with investing in National Rural Utilities.
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 National Rural Utilities offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National Rural'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 National Rural Utilities Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Rural Utilities Stock:Check out National Rural Correlation, National Rural Volatility and National Rural Alpha and Beta module to complement your research on National Rural. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
National Rural 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.