Nocera Inc Stock Market Value
| NCRA Stock | USD 1.07 0.07 7.00% |
| Symbol | Nocera |
Nocera Inc Price To Book Ratio
Is Construction & Engineering 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 Nocera. If investors know Nocera 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 Nocera 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 (0.71) | Earnings Share (0.36) | Revenue Per Share 2.311 | Quarterly Revenue Growth 0.268 | Return On Assets (0.13) |
The market value of Nocera Inc is measured differently than its book value, which is the value of Nocera that is recorded on the company's balance sheet. Investors also form their own opinion of Nocera's value that differs from its market value or its book value, called intrinsic value, which is Nocera'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 Nocera's market value can be influenced by many factors that don't directly affect Nocera'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 Nocera's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nocera is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nocera'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.
Nocera '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 Nocera'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 Nocera.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Nocera on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Nocera Inc or generate 0.0% return on investment in Nocera over 30 days. Nocera is related to or competes with Natures Sunshine, Laird Superfood, Nomad Foods, Better Choice, Paranovus Entertainment, Seneca Foods, and Central Garden. Nocera, Inc., together with its subsidiaries, designs, develops, and produces land-based recirculation aquaculture syste... More
Nocera 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 Nocera'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 Nocera Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.28 | |||
| Information Ratio | 0.0194 | |||
| Maximum Drawdown | 66.43 | |||
| Value At Risk | (8.22) | |||
| Potential Upside | 11.58 |
Nocera Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nocera's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nocera's standard deviation. In reality, there are many statistical measures that can use Nocera historical prices to predict the future Nocera's volatility.| Risk Adjusted Performance | 0.0369 | |||
| Jensen Alpha | 0.3714 | |||
| Total Risk Alpha | (0.94) | |||
| Sortino Ratio | 0.0238 | |||
| Treynor Ratio | (0.32) |
Nocera Inc Backtested Returns
Nocera appears to be abnormally volatile, given 3 months investment horizon. Nocera Inc has Sharpe Ratio of 0.0371, which conveys that the firm had a 0.0371% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nocera, which you can use to evaluate the volatility of the firm. Please exercise Nocera's Downside Deviation of 6.28, risk adjusted performance of 0.0369, and Mean Deviation of 4.13 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Nocera holds a performance score of 2. The company secures a Beta (Market Risk) of -0.84, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Nocera are expected to decrease at a much lower rate. During the bear market, Nocera is likely to outperform the market. Please check Nocera's maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to make a quick decision on whether Nocera's current price movements will revert.
Auto-correlation | 0.28 |
Poor predictability
Nocera Inc has poor predictability. Overlapping area represents the amount of predictability between Nocera time series from 26th of October 2024 to 10th of November 2024 and 10th of November 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 Nocera Inc price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Nocera price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Nocera Inc lagged returns against current returns
Autocorrelation, which is Nocera 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 Nocera's stock expected returns. We can calculate the autocorrelation of Nocera returns to help us make a trade decision. For example, suppose you find that Nocera 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 |
Nocera 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 Nocera stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nocera stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nocera stock over time.
Current vs Lagged Prices |
| Timeline |
Nocera Lagged Returns
When evaluating Nocera's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nocera stock have on its future price. Nocera 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, Nocera autocorrelation shows the relationship between Nocera stock current value and its past values and can show if there is a momentum factor associated with investing in Nocera Inc.
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.When determining whether Nocera Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nocera'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 Nocera Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nocera Inc Stock:Check out Nocera Correlation, Nocera Volatility and Nocera Alpha and Beta module to complement your research on Nocera. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Nocera 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.