Next Technology Holding Stock Market Value
| NXTT Stock | 0.32 0.01 3.23% |
| Symbol | Next |
Is Application Software 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 Next Technology. If investors know Next 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 Next Technology 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 Next Technology Holding is measured differently than its book value, which is the value of Next that is recorded on the company's balance sheet. Investors also form their own opinion of Next Technology's value that differs from its market value or its book value, called intrinsic value, which is Next Technology'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 Next Technology's market value can be influenced by many factors that don't directly affect Next Technology'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 Next Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Next Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Next Technology'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.
Next Technology '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 Next Technology'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 Next Technology.
| 02/25/2025 |
| 03/27/2025 |
If you would invest 0.00 in Next Technology on February 25, 2025 and sell it all today you would earn a total of 0.00 from holding Next Technology Holding or generate 0.0% return on investment in Next Technology over 30 days. Next Technology is related to or competes with Torm PLC, JD Sports, Direct Line, Atlantic American, Fidelity National, Delek Logistics, and Yuexiu Transport. More
Next Technology 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 Next Technology'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 Next Technology Holding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 79.77 | |||
| Value At Risk | (16.33) | |||
| Potential Upside | 13.71 |
Next Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Next Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Next Technology's standard deviation. In reality, there are many statistical measures that can use Next Technology historical prices to predict the future Next Technology's volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (2.52) | |||
| Total Risk Alpha | (2.17) | |||
| Treynor Ratio | (5.75) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Next Technology'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.
Next Technology Holding Backtested Returns
Next Technology Holding has Sharpe Ratio of -0.22, which conveys that the firm had a -0.22 % return per unit of risk over the last 3 months. Next Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Next Technology's Risk Adjusted Performance of (0.17), standard deviation of 11.56, and Mean Deviation of 7.04 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.44, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Next Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Next Technology is expected to be smaller as well. At this point, Next Technology Holding has a negative expected return of -2.52%. Please make sure to verify Next Technology's potential upside and day median price , to decide if Next Technology Holding performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.11 |
Insignificant predictability
Next Technology Holding has insignificant predictability. Overlapping area represents the amount of predictability between Next Technology time series from 25th of February 2025 to 12th of March 2025 and 12th of March 2025 to 27th 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 Next Technology Holding price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Next Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Next Technology Holding lagged returns against current returns
Autocorrelation, which is Next Technology 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 Next Technology's stock expected returns. We can calculate the autocorrelation of Next Technology returns to help us make a trade decision. For example, suppose you find that Next Technology 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 |
Next Technology 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 Next Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Next Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Next Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Next Technology Lagged Returns
When evaluating Next Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Next Technology stock have on its future price. Next Technology 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, Next Technology autocorrelation shows the relationship between Next Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Next Technology Holding.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Next Stock Analysis
When running Next Technology's price analysis, check to measure Next Technology'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 Next Technology is operating at the current time. Most of Next Technology's value examination focuses on studying past and present price action to predict the probability of Next Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Next Technology's price. Additionally, you may evaluate how the addition of Next Technology to your portfolios can decrease your overall portfolio volatility.