NMP Financial Statements From 2010 to 2026
| NMP Stock | 10.02 0.00 0.00% |
Check NMP financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NMP's main balance sheet or income statement drivers, such as , as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.0. NMP financial statements analysis is a perfect complement when working with NMP Valuation or Volatility modules.
Check out the analysis of NMP Correlation against competitors. NMP Company Current Valuation Analysis
NMP's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current NMP Current Valuation | 159.91 M |
Most of NMP's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NMP is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
NMP Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for NMP is extremely important. It helps to project a fair market value of NMP Stock properly, considering its historical fundamentals such as Current Valuation. Since NMP's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NMP's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NMP's interrelated accounts and indicators.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, NMP has a Current Valuation of 159.91 M. This is much higher than that of the Financial Services sector and significantly higher than that of the Financials industry. The current valuation for all United States stocks is notably lower than that of the firm.
NMP Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NMP's current stock value. Our valuation model uses many indicators to compare NMP value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NMP competition to find correlations between indicators driving NMP's intrinsic value. More Info.NMP is regarded second in current valuation category among its peers. It is considered to be number one stock in number of shares shorted category among its peers . The ratio of Current Valuation to Number Of Shares Shorted for NMP is about 4,077 . Comparative valuation analysis is a catch-all technique that is used if you cannot value NMP by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About NMP Financial Statements
NMP shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although NMP investors may analyze each financial statement separately, they are all interrelated. The changes in NMP's assets and liabilities, for example, are also reflected in the revenues and expenses on on NMP's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year |
Pair Trading with NMP
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NMP position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NMP will appreciate offsetting losses from the drop in the long position's value.Moving against NMP Stock
| 0.86 | GEMI | Gemini Space Station | PairCorr |
| 0.8 | DJT | Trump Media Technology | PairCorr |
| 0.55 | IBC | Ironbark Capital | PairCorr |
| 0.53 | COG | COG Financial Services | PairCorr |
| 0.48 | EQH | Axa Equitable Holdings | PairCorr |
The ability to find closely correlated positions to NMP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NMP when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NMP - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NMP to buy it.
The correlation of NMP is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NMP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NMP moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NMP can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for NMP Stock Analysis
When running NMP's price analysis, check to measure NMP'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 NMP is operating at the current time. Most of NMP's value examination focuses on studying past and present price action to predict the probability of NMP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NMP's price. Additionally, you may evaluate how the addition of NMP to your portfolios can decrease your overall portfolio volatility.