Namsys Inc Stock Market Value
| CTZ Stock | CAD 1.12 0.02 1.82% |
| Symbol | NamSys |
NamSys Inc Price To Book Ratio
NamSys '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 NamSys' 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 NamSys.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in NamSys on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding NamSys Inc or generate 0.0% return on investment in NamSys over 540 days. NamSys is related to or competes with AirIQ, Renoworks Software, Quorum Information, Redishred Capital, and Ackroo. NamSys Inc. provides software solutions for currency management and processing for the banking and merchant industries p... More
NamSys 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 NamSys' 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 NamSys Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.07 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 15.66 | |||
| Value At Risk | (4.17) | |||
| Potential Upside | 4.59 |
NamSys Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NamSys' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NamSys' standard deviation. In reality, there are many statistical measures that can use NamSys historical prices to predict the future NamSys' volatility.| Risk Adjusted Performance | 0.0378 | |||
| Jensen Alpha | 0.0276 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1652 |
NamSys Inc Backtested Returns
At this stage we consider NamSys Stock to be dangerous. NamSys Inc has Sharpe Ratio of 0.0415, which conveys that the firm had a 0.0415% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for NamSys, which you can use to evaluate the volatility of the firm. Please verify NamSys' Downside Deviation of 3.07, risk adjusted performance of 0.0378, and Mean Deviation of 1.56 to check out if the risk estimate we provide is consistent with the expected return of 0.11%. NamSys has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.55, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NamSys' returns are expected to increase less than the market. However, during the bear market, the loss of holding NamSys is expected to be smaller as well. NamSys Inc right now secures a risk of 2.61%. Please verify NamSys Inc accumulation distribution, price action indicator, as well as the relationship between the downside variance and sortino ratio , to decide if NamSys Inc will be following its current price movements.
Auto-correlation | 0.57 |
Modest predictability
NamSys Inc has modest predictability. Overlapping area represents the amount of predictability between NamSys time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 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 NamSys Inc price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current NamSys price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
NamSys Inc lagged returns against current returns
Autocorrelation, which is NamSys 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 NamSys' stock expected returns. We can calculate the autocorrelation of NamSys returns to help us make a trade decision. For example, suppose you find that NamSys 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 |
NamSys 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 NamSys stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NamSys stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NamSys stock over time.
Current vs Lagged Prices |
| Timeline |
NamSys Lagged Returns
When evaluating NamSys' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NamSys stock have on its future price. NamSys 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, NamSys autocorrelation shows the relationship between NamSys stock current value and its past values and can show if there is a momentum factor associated with investing in NamSys Inc.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for NamSys Stock Analysis
When running NamSys' price analysis, check to measure NamSys' 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 NamSys is operating at the current time. Most of NamSys' value examination focuses on studying past and present price action to predict the probability of NamSys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NamSys' price. Additionally, you may evaluate how the addition of NamSys to your portfolios can decrease your overall portfolio volatility.