Ncr Voyix Stock Market Value
| VYX Stock | 15.11 0.13 0.87% |
| Symbol | NCR |
NCR Voyix Price To Book Ratio
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 NCR Voyix. If investors know NCR 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 NCR Voyix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.61) | Earnings Share (2.36) | Revenue Per Share 24.975 | Quarterly Revenue Growth (0.12) | Return On Assets 0.008 |
The market value of NCR Voyix is measured differently than its book value, which is the value of NCR that is recorded on the company's balance sheet. Investors also form their own opinion of NCR Voyix's value that differs from its market value or its book value, called intrinsic value, which is NCR Voyix'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 NCR Voyix's market value can be influenced by many factors that don't directly affect NCR Voyix'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 NCR Voyix's value and its price as these two are different measures arrived at by different means. Investors typically determine if NCR Voyix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NCR Voyix'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.
NCR Voyix '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 NCR Voyix'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 NCR Voyix.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in NCR Voyix on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding NCR Voyix or generate 0.0% return on investment in NCR Voyix over 30 days. NCR Voyix is related to or competes with Steven Madden, Acme United, NETGEAR, Reservoir Media, Anterix, Meiwu Technology, and Radcom. NCR Voyix is entity of United States. It is traded as Stock on NYSE exchange. More
NCR Voyix 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 NCR Voyix'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 NCR Voyix upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.78 | |||
| Information Ratio | 0.0899 | |||
| Maximum Drawdown | 12.3 | |||
| Value At Risk | (2.59) | |||
| Potential Upside | 4.2 |
NCR Voyix Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NCR Voyix's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NCR Voyix's standard deviation. In reality, there are many statistical measures that can use NCR Voyix historical prices to predict the future NCR Voyix's volatility.| Risk Adjusted Performance | 0.1144 | |||
| Jensen Alpha | 0.2677 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.1063 | |||
| Treynor Ratio | 0.9765 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NCR Voyix'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.
NCR Voyix Backtested Returns
NCR Voyix appears to be very steady, given 3 months investment horizon. NCR Voyix has Sharpe Ratio of 0.12, which conveys that the company had a 0.12% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for NCR Voyix, which you can use to evaluate the volatility of the entity. Please exercise NCR Voyix's mean deviation of 1.59, and Downside Deviation of 1.78 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, NCR Voyix holds a performance score of 9. The firm secures a Beta (Market Risk) of 0.31, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NCR Voyix's returns are expected to increase less than the market. However, during the bear market, the loss of holding NCR Voyix is expected to be smaller as well. Please check NCR Voyix's value at risk, kurtosis, market facilitation index, as well as the relationship between the semi variance and rate of daily change , to make a quick decision on whether NCR Voyix's current price movements will revert.
Auto-correlation | 0.71 |
Good predictability
NCR Voyix has good predictability. Overlapping area represents the amount of predictability between NCR Voyix time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 NCR Voyix price movement. The serial correlation of 0.71 indicates that around 71.0% of current NCR Voyix price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
NCR Voyix lagged returns against current returns
Autocorrelation, which is NCR Voyix 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 NCR Voyix's stock expected returns. We can calculate the autocorrelation of NCR Voyix returns to help us make a trade decision. For example, suppose you find that NCR Voyix 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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NCR Voyix 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 NCR Voyix stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NCR Voyix stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NCR Voyix stock over time.
Current vs Lagged Prices |
| Timeline |
NCR Voyix Lagged Returns
When evaluating NCR Voyix's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NCR Voyix stock have on its future price. NCR Voyix 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, NCR Voyix autocorrelation shows the relationship between NCR Voyix stock current value and its past values and can show if there is a momentum factor associated with investing in NCR Voyix.
Regressed Prices |
| Timeline |
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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.Additional Tools for NCR Stock Analysis
When running NCR Voyix's price analysis, check to measure NCR Voyix'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 NCR Voyix is operating at the current time. Most of NCR Voyix's value examination focuses on studying past and present price action to predict the probability of NCR Voyix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NCR Voyix's price. Additionally, you may evaluate how the addition of NCR Voyix to your portfolios can decrease your overall portfolio volatility.