No Borders Stock Market Value
No Borders' market value is the price at which a share of No Borders trades on a public exchange. It measures the collective expectations of No Borders investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of No Borders and determine expected loss or profit from investing in No Borders over a given investment horizon. Check out No Borders Correlation, No Borders Volatility and No Borders Alpha and Beta module to complement your research on No Borders. To learn how to invest in NBDR Stock, please use our How to Invest in No Borders guide.
| Symbol | NBDR |
No Borders Price To Book Ratio
Is Advertising 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 No Borders. If investors know NBDR 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 No Borders listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.001 |
The market value of No Borders is measured differently than its book value, which is the value of NBDR that is recorded on the company's balance sheet. Investors also form their own opinion of No Borders' value that differs from its market value or its book value, called intrinsic value, which is No Borders' 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 No Borders' market value can be influenced by many factors that don't directly affect No Borders' 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 No Borders' value and its price as these two are different measures arrived at by different means. Investors typically determine if No Borders is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, No Borders' 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.
No Borders '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 No Borders' 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 No Borders.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in No Borders on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding No Borders or generate 0.0% return on investment in No Borders over 720 days. No Borders, Inc., a development stage company, focuses on the delivery of remittance transfers and long distance telepho... More
No Borders 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 No Borders' 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 No Borders upside and downside potential and time the market with a certain degree of confidence.
No Borders Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for No Borders' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as No Borders' standard deviation. In reality, there are many statistical measures that can use No Borders historical prices to predict the future No Borders' volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of No Borders' 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.
No Borders Backtested Returns
We have found zero technical indicators for No Borders, which you can use to evaluate the volatility of the firm. The company owns a Beta (Systematic Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and No Borders are completely uncorrelated.
Auto-correlation | 0.52 |
Modest predictability
No Borders has modest predictability. Overlapping area represents the amount of predictability between No Borders time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 No Borders price movement. The serial correlation of 0.52 indicates that about 52.0% of current No Borders price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
No Borders lagged returns against current returns
Autocorrelation, which is No Borders 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 No Borders' stock expected returns. We can calculate the autocorrelation of No Borders returns to help us make a trade decision. For example, suppose you find that No Borders 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 |
No Borders 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 No Borders stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if No Borders stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in No Borders stock over time.
Current vs Lagged Prices |
| Timeline |
No Borders Lagged Returns
When evaluating No Borders' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of No Borders stock have on its future price. No Borders 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, No Borders autocorrelation shows the relationship between No Borders stock current value and its past values and can show if there is a momentum factor associated with investing in No Borders.
Regressed Prices |
| Timeline |
Pair Trading with No Borders
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 No Borders 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 No Borders will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to No Borders could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace No Borders 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 No Borders - 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 No Borders to buy it.
The correlation of No Borders 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 No Borders moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if No Borders 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 No Borders 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 NBDR Stock Analysis
When running No Borders' price analysis, check to measure No Borders' 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 No Borders is operating at the current time. Most of No Borders' value examination focuses on studying past and present price action to predict the probability of No Borders' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move No Borders' price. Additionally, you may evaluate how the addition of No Borders to your portfolios can decrease your overall portfolio volatility.