noco noco Warrant Market Value
| NCNCWDelisted Stock | 0.01 0.0004 4.08% |
| Symbol | Noco |
Noco Noco '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 Noco Noco'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 Noco Noco.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Noco Noco on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding noco noco Warrant or generate 0.0% return on investment in Noco Noco over 180 days. Noco Noco is related to or competes with GMS, Cadence Design, Definitive Healthcare, Griffon, Asure Software, Chemours, and Datadog. More
Noco Noco 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 Noco Noco'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 noco noco Warrant upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 26.9 | |||
| Information Ratio | 0.1594 | |||
| Maximum Drawdown | 192.6 | |||
| Value At Risk | (44.50) | |||
| Potential Upside | 72.73 |
Noco Noco Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Noco Noco's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Noco Noco's standard deviation. In reality, there are many statistical measures that can use Noco Noco historical prices to predict the future Noco Noco's volatility.| Risk Adjusted Performance | 0.1344 | |||
| Jensen Alpha | 6.82 | |||
| Total Risk Alpha | 0.45 | |||
| Sortino Ratio | 0.2253 | |||
| Treynor Ratio | (1.10) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Noco Noco'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.
noco noco Warrant Backtested Returns
Noco Noco appears to be out of control, given 3 months investment horizon. noco noco Warrant has Sharpe Ratio of 0.0362, which conveys that the firm had a 0.0362% return per unit of risk over the last 3 months. By analyzing Noco Noco's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please exercise Noco Noco's Downside Deviation of 26.9, risk adjusted performance of 0.1344, and Market Risk Adjusted Performance of (1.09) to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Noco Noco holds a performance score of 2. The company secures a Beta (Market Risk) of -5.62, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Noco Noco are expected to decrease by larger amounts. On the other hand, during market turmoil, Noco Noco is expected to outperform it. Please check Noco Noco's jensen alpha and the relationship between the value at risk and day median price , to make a quick decision on whether Noco Noco's current price movements will revert.
Auto-correlation | 0.05 |
Virtually no predictability
noco noco Warrant has virtually no predictability. Overlapping area represents the amount of predictability between Noco Noco time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th 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 noco noco Warrant price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Noco Noco price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
noco noco Warrant lagged returns against current returns
Autocorrelation, which is Noco Noco 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 Noco Noco's stock expected returns. We can calculate the autocorrelation of Noco Noco returns to help us make a trade decision. For example, suppose you find that Noco Noco 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 |
Noco Noco 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 Noco Noco stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Noco Noco stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Noco Noco stock over time.
Current vs Lagged Prices |
| Timeline |
Noco Noco Lagged Returns
When evaluating Noco Noco's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Noco Noco stock have on its future price. Noco Noco 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, Noco Noco autocorrelation shows the relationship between Noco Noco stock current value and its past values and can show if there is a momentum factor associated with investing in noco noco Warrant.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Noco Noco Correlation, Noco Noco Volatility and Noco Noco Alpha and Beta module to complement your research on Noco Noco. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Other Consideration for investing in Noco Stock
If you are still planning to invest in noco noco Warrant check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Noco Noco's history and understand the potential risks before investing.
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |