Nanotech Entertainment Stock Market Value
| NTEK Stock | USD 0.0001 0.00 0.000003% |
| Symbol | NanoTech |
NanoTech Entertainment Price To Book Ratio
Is Movies & Entertainment 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 NanoTech Entertainment. If investors know NanoTech 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 NanoTech Entertainment 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 NanoTech Entertainment is measured differently than its book value, which is the value of NanoTech that is recorded on the company's balance sheet. Investors also form their own opinion of NanoTech Entertainment's value that differs from its market value or its book value, called intrinsic value, which is NanoTech Entertainment'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 NanoTech Entertainment's market value can be influenced by many factors that don't directly affect NanoTech Entertainment'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 NanoTech Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if NanoTech Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NanoTech Entertainment'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.
NanoTech Entertainment '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 NanoTech Entertainment'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 NanoTech Entertainment.
| 12/24/2024 |
| 03/24/2025 |
If you would invest 0.00 in NanoTech Entertainment on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding NanoTech Entertainment or generate 0.0% return on investment in NanoTech Entertainment over 90 days. NanoTech Entertainment is related to or competes with MEDIFAST INC, Aviat Networks, AMCON Distributing, Jabil Circuit, Tyson Foods, NH Foods, and Coda Octopus. NanoTech Entertainment, Inc. provides entertainment and communications products More
NanoTech Entertainment 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 NanoTech Entertainment'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 NanoTech Entertainment upside and downside potential and time the market with a certain degree of confidence.
NanoTech Entertainment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NanoTech Entertainment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NanoTech Entertainment's standard deviation. In reality, there are many statistical measures that can use NanoTech Entertainment historical prices to predict the future NanoTech Entertainment's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NanoTech Entertainment'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.
NanoTech Entertainment Backtested Returns
We have found four technical indicators for NanoTech Entertainment, which you can use to evaluate the volatility of the firm. Please verify NanoTech Entertainment's day median price of 1.0E-4, and Daily Balance Of Power of (9,223,372,036,855) to check out if the risk estimate we provide is consistent with the expected return of 0.0%. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and NanoTech Entertainment are completely uncorrelated. NanoTech Entertainment right now secures a risk of 0.0%. Please verify NanoTech Entertainment daily balance of power , to decide if NanoTech Entertainment will be following its current price movements.
Auto-correlation | 1.00 |
Perfect predictability
NanoTech Entertainment has perfect predictability. Overlapping area represents the amount of predictability between NanoTech Entertainment time series from 24th of December 2024 to 7th of February 2025 and 7th of February 2025 to 24th 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 NanoTech Entertainment price movement. The serial correlation of 1.0 indicates that 100.0% of current NanoTech Entertainment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
NanoTech Entertainment lagged returns against current returns
Autocorrelation, which is NanoTech Entertainment 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 NanoTech Entertainment's stock expected returns. We can calculate the autocorrelation of NanoTech Entertainment returns to help us make a trade decision. For example, suppose you find that NanoTech Entertainment 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 |
NanoTech Entertainment 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 NanoTech Entertainment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NanoTech Entertainment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NanoTech Entertainment stock over time.
Current vs Lagged Prices |
| Timeline |
NanoTech Entertainment Lagged Returns
When evaluating NanoTech Entertainment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NanoTech Entertainment stock have on its future price. NanoTech Entertainment 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, NanoTech Entertainment autocorrelation shows the relationship between NanoTech Entertainment stock current value and its past values and can show if there is a momentum factor associated with investing in NanoTech Entertainment.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out NanoTech Entertainment Correlation, NanoTech Entertainment Volatility and NanoTech Entertainment Alpha and Beta module to complement your research on NanoTech Entertainment. For more information on how to buy NanoTech Stock please use our How to buy in NanoTech Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
NanoTech Entertainment 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.