Ncr Atleos Stock Market Value
| NATL Stock | 31.51 0.27 0.86% |
| Symbol | NCR |
NCR Atleos 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 Atleos. 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 Atleos 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 (0.48) | Earnings Share (1.66) | Revenue Per Share 60.112 | Quarterly Revenue Growth 0.01 | Return On Assets 0.037 |
The market value of NCR Atleos 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 Atleos' value that differs from its market value or its book value, called intrinsic value, which is NCR Atleos' 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 Atleos' market value can be influenced by many factors that don't directly affect NCR Atleos' 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 Atleos' value and its price as these two are different measures arrived at by different means. Investors typically determine if NCR Atleos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NCR Atleos' 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 Atleos '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 Atleos' 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 Atleos.
| 06/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in NCR Atleos on June 4, 2023 and sell it all today you would earn a total of 0.00 from holding NCR Atleos or generate 0.0% return on investment in NCR Atleos over 540 days. NCR Atleos is related to or competes with Hudson Pacific, Kaiser Aluminum, Algoma Steel, Titan International, and Tianjin Capital. National Interstate Corporationration, together with its subsidiaries, operates as a specialty property and casualty insurance company primarily in the United States. More
NCR Atleos 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 Atleos' 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 Atleos upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.99 | |||
| Information Ratio | 0.0536 | |||
| Maximum Drawdown | 9.79 | |||
| Value At Risk | (3.39) | |||
| Potential Upside | 3.76 |
NCR Atleos Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NCR Atleos' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NCR Atleos' standard deviation. In reality, there are many statistical measures that can use NCR Atleos historical prices to predict the future NCR Atleos' volatility.| Risk Adjusted Performance | 0.0927 | |||
| Jensen Alpha | 0.0586 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0599 | |||
| Treynor Ratio | 0.1598 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NCR Atleos' 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 Atleos Backtested Returns
NCR Atleos appears to be very steady, given 3 months investment horizon. NCR Atleos has Sharpe Ratio of 0.0972, which conveys that the company had a 0.0972% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for NCR Atleos, which you can use to evaluate the volatility of the entity. Please exercise NCR Atleos' mean deviation of 1.74, and Downside Deviation of 1.99 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, NCR Atleos holds a performance score of 7. The firm secures a Beta (Market Risk) of 1.5, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, NCR Atleos will likely underperform. Please check NCR Atleos' potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether NCR Atleos' current price movements will revert.
Auto-correlation | -0.35 |
Poor reverse predictability
NCR Atleos has poor reverse predictability. Overlapping area represents the amount of predictability between NCR Atleos time series from 4th of June 2023 to 29th of February 2024 and 29th of February 2024 to 25th 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 NCR Atleos price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current NCR Atleos price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 14.46 |
NCR Atleos lagged returns against current returns
Autocorrelation, which is NCR Atleos 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 Atleos' stock expected returns. We can calculate the autocorrelation of NCR Atleos returns to help us make a trade decision. For example, suppose you find that NCR Atleos 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 |
NCR Atleos 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 Atleos stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NCR Atleos stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NCR Atleos stock over time.
Current vs Lagged Prices |
| Timeline |
NCR Atleos Lagged Returns
When evaluating NCR Atleos' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NCR Atleos stock have on its future price. NCR Atleos 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 Atleos autocorrelation shows the relationship between NCR Atleos stock current value and its past values and can show if there is a momentum factor associated with investing in NCR Atleos.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out NCR Atleos Correlation, NCR Atleos Volatility and NCR Atleos Alpha and Beta module to complement your research on NCR Atleos. For more information on how to buy NCR Stock please use our How to buy in NCR Stock guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
NCR Atleos technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.