Nuvve Holding Corp Stock Market Value
| NVVE Stock | USD 3.23 0.36 12.54% |
| Symbol | Nuvve |
Nuvve Holding Corp Price To Book Ratio
Is Electrical Components & Equipment 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 Nuvve Holding. If investors know Nuvve 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 Nuvve Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (390.25) | Revenue Per Share 19.423 | Quarterly Revenue Growth (0.62) | Return On Assets (0.70) | Return On Equity (2.61) |
The market value of Nuvve Holding Corp is measured differently than its book value, which is the value of Nuvve that is recorded on the company's balance sheet. Investors also form their own opinion of Nuvve Holding's value that differs from its market value or its book value, called intrinsic value, which is Nuvve Holding'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 Nuvve Holding's market value can be influenced by many factors that don't directly affect Nuvve Holding'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 Nuvve Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuvve Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuvve Holding'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.
Nuvve Holding '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 Nuvve Holding'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 Nuvve Holding.
| 01/05/2023 |
| 12/25/2024 |
If you would invest 0.00 in Nuvve Holding on January 5, 2023 and sell it all today you would earn a total of 0.00 from holding Nuvve Holding Corp or generate 0.0% return on investment in Nuvve Holding over 720 days. Nuvve Holding is related to or competes with ChargePoint Holdings, Pet Acquisition, Ulta Beauty, Best Buy, Dicks Sporting, Tandy Leather, and Parkland. Nuvve Holding Corp., a green energy technology company, develops and commercializes vehicle-to-grid technology in North ... More
Nuvve Holding 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 Nuvve Holding'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 Nuvve Holding Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.88 | |||
| Information Ratio | 0.0035 | |||
| Maximum Drawdown | 82.62 | |||
| Value At Risk | (9.03) | |||
| Potential Upside | 8.13 |
Nuvve Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuvve Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nuvve Holding's standard deviation. In reality, there are many statistical measures that can use Nuvve Holding historical prices to predict the future Nuvve Holding's volatility.| Risk Adjusted Performance | 0.0156 | |||
| Jensen Alpha | 0.0255 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | 0.0071 | |||
| Treynor Ratio | 0.055 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nuvve Holding'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.
Nuvve Holding Corp Backtested Returns
Nuvve Holding Corp has Sharpe Ratio of -0.17, which conveys that the firm had a -0.17% return per unit of risk over the last 3 months. Nuvve Holding exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nuvve Holding's Mean Deviation of 4.54, risk adjusted performance of 0.0156, and Downside Deviation of 4.88 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.26, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nuvve Holding will likely underperform. At this point, Nuvve Holding Corp has a negative expected return of -0.8%. Please make sure to verify Nuvve Holding's downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to decide if Nuvve Holding Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.70 |
Good predictability
Nuvve Holding Corp has good predictability. Overlapping area represents the amount of predictability between Nuvve Holding time series from 5th of January 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 Nuvve Holding Corp price movement. The serial correlation of 0.7 indicates that around 70.0% of current Nuvve Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 104.08 |
Nuvve Holding Corp lagged returns against current returns
Autocorrelation, which is Nuvve Holding 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 Nuvve Holding's stock expected returns. We can calculate the autocorrelation of Nuvve Holding returns to help us make a trade decision. For example, suppose you find that Nuvve Holding 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 |
Nuvve Holding 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 Nuvve Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nuvve Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nuvve Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Nuvve Holding Lagged Returns
When evaluating Nuvve Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nuvve Holding stock have on its future price. Nuvve Holding 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, Nuvve Holding autocorrelation shows the relationship between Nuvve Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Nuvve Holding 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.When determining whether Nuvve Holding Corp is a strong investment it is important to analyze Nuvve Holding's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nuvve Holding's future performance. For an informed investment choice regarding Nuvve Stock, refer to the following important reports:Check out Nuvve Holding Correlation, Nuvve Holding Volatility and Nuvve Holding Alpha and Beta module to complement your research on Nuvve Holding. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Nuvve Holding 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.