Navient Corp Stock Market Value
| NAVI Stock | USD 14.93 0.15 1.01% |
| Symbol | Navient |
Navient Corp Price To Book Ratio
Is Consumer Finance 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 Navient Corp. If investors know Navient 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 Navient Corp 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 (0.39) | Dividend Share 0.64 | Earnings Share 0.76 | Revenue Per Share 9.229 | Quarterly Revenue Growth 0.011 |
The market value of Navient Corp is measured differently than its book value, which is the value of Navient that is recorded on the company's balance sheet. Investors also form their own opinion of Navient Corp's value that differs from its market value or its book value, called intrinsic value, which is Navient Corp'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 Navient Corp's market value can be influenced by many factors that don't directly affect Navient Corp'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 Navient Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Navient Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Navient Corp'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.
Navient Corp '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 Navient Corp'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 Navient Corp.
| 10/22/2024 |
| 11/21/2024 |
If you would invest 0.00 in Navient Corp on October 22, 2024 and sell it all today you would earn a total of 0.00 from holding Navient Corp or generate 0.0% return on investment in Navient Corp over 30 days. Navient Corp is related to or competes with FirstCash, Nelnet, Orix Corp, Federal Agricultural, SLM Corp, Federal Agricultural, and EZCORP. Navient Corporation provides education loan management and business processing solutions for education, healthcare, and ... More
Navient Corp 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 Navient Corp'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 Navient Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 13.67 | |||
| Value At Risk | (3.50) | |||
| Potential Upside | 3.27 |
Navient Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Navient Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Navient Corp's standard deviation. In reality, there are many statistical measures that can use Navient Corp historical prices to predict the future Navient Corp's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (0.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Navient Corp'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.
Navient Corp Backtested Returns
Navient Corp has Sharpe Ratio of -0.033, which conveys that the firm had a -0.033% return per unit of risk over the last 3 months. Navient Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Navient Corp's Standard Deviation of 2.35, insignificant risk adjusted performance, and Mean Deviation of 1.56 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.86, 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, Navient Corp will likely underperform. At this point, Navient Corp has a negative expected return of -0.0775%. Please make sure to verify Navient Corp's value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Navient Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.61 |
Good predictability
Navient Corp has good predictability. Overlapping area represents the amount of predictability between Navient Corp time series from 22nd of October 2024 to 6th of November 2024 and 6th of November 2024 to 21st 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 Navient Corp price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Navient Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Navient Corp lagged returns against current returns
Autocorrelation, which is Navient Corp 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 Navient Corp's stock expected returns. We can calculate the autocorrelation of Navient Corp returns to help us make a trade decision. For example, suppose you find that Navient Corp 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 |
Navient Corp 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 Navient Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Navient Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Navient Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Navient Corp Lagged Returns
When evaluating Navient Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Navient Corp stock have on its future price. Navient Corp 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, Navient Corp autocorrelation shows the relationship between Navient Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Navient Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Navient Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Navient Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Navient Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Navient Corp Stock:Check out Navient Corp Correlation, Navient Corp Volatility and Navient Corp Alpha and Beta module to complement your research on Navient Corp. For more detail on how to invest in Navient Stock please use our How to Invest in Navient Corp guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Navient Corp 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.