NTRCN 595 07 NOV 25 Market Value
| 67077MAY4 | 100.57 0.22 0.22% |
| Symbol | NTRCN |
Please note, there is a significant difference between NTRCN's value and its price as these two are different measures arrived at by different means. Investors typically determine if NTRCN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NTRCN'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.
NTRCN '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 NTRCN's bond 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 NTRCN.
| 12/20/2024 |
| 03/20/2025 |
If you would invest 0.00 in NTRCN on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding NTRCN 595 07 NOV 25 or generate 0.0% return on investment in NTRCN over 90 days. NTRCN is related to or competes with WT Offshore, Diageo PLC, Inhibrx, Golden Energy, Anheuser Busch, and KNOT Offshore. More
NTRCN 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 NTRCN's bond 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 NTRCN 595 07 NOV 25 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.8012 | |||
| Maximum Drawdown | 0.5244 | |||
| Value At Risk | (0.15) | |||
| Potential Upside | 0.1688 |
NTRCN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NTRCN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NTRCN's standard deviation. In reality, there are many statistical measures that can use NTRCN historical prices to predict the future NTRCN's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0) | |||
| Treynor Ratio | 1.87 |
NTRCN 595 07 Backtested Returns
NTRCN 595 07 has Sharpe Ratio of -0.0721, which conveys that the entity had a -0.0721 % return per unit of standard deviation over the last 3 months. NTRCN exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NTRCN's Market Risk Adjusted Performance of 1.88, risk adjusted performance of (0.12), and Mean Deviation of 0.0721 to check out the risk estimate we provide. The bond secures a Beta (Market Risk) of -0.0083, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NTRCN are expected to decrease at a much lower rate. During the bear market, NTRCN is likely to outperform the market.
Auto-correlation | 0.27 |
Poor predictability
NTRCN 595 07 NOV 25 has poor predictability. Overlapping area represents the amount of predictability between NTRCN time series from 20th of December 2024 to 3rd of February 2025 and 3rd of February 2025 to 20th 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 NTRCN 595 07 price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current NTRCN price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
NTRCN 595 07 lagged returns against current returns
Autocorrelation, which is NTRCN bond'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 NTRCN's bond expected returns. We can calculate the autocorrelation of NTRCN returns to help us make a trade decision. For example, suppose you find that NTRCN has exhibited high autocorrelation historically, and you observe that the bond 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 |
NTRCN 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 NTRCN bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NTRCN bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NTRCN bond over time.
Current vs Lagged Prices |
| Timeline |
NTRCN Lagged Returns
When evaluating NTRCN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NTRCN bond have on its future price. NTRCN 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, NTRCN autocorrelation shows the relationship between NTRCN bond current value and its past values and can show if there is a momentum factor associated with investing in NTRCN 595 07 NOV 25.
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.Other Information on Investing in NTRCN Bond
NTRCN financial ratios help investors to determine whether NTRCN Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NTRCN with respect to the benefits of owning NTRCN security.