Newtekone, 850 Percent Stock Market Value
| NEWTG Stock | 25.52 0.04 0.16% |
| Symbol | NewtekOne, |
Is Diversified Financial Services 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 NewtekOne, 850. If investors know NewtekOne, 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 NewtekOne, 850 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of NewtekOne, 850 percent is measured differently than its book value, which is the value of NewtekOne, that is recorded on the company's balance sheet. Investors also form their own opinion of NewtekOne, 850's value that differs from its market value or its book value, called intrinsic value, which is NewtekOne, 850'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 NewtekOne, 850's market value can be influenced by many factors that don't directly affect NewtekOne, 850'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 NewtekOne, 850's value and its price as these two are different measures arrived at by different means. Investors typically determine if NewtekOne, 850 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NewtekOne, 850'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.
NewtekOne, 850 '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 NewtekOne, 850'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 NewtekOne, 850.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in NewtekOne, 850 on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding NewtekOne, 850 percent or generate 0.0% return on investment in NewtekOne, 850 over 30 days. NewtekOne, 850 is related to or competes with Visa, Diamond Hill, Distoken Acquisition, AllianceBernstein, Associated Capital, Brookfield Corp, and Blackstone. NewtekOne, 850 is entity of United States More
NewtekOne, 850 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 NewtekOne, 850'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 NewtekOne, 850 percent upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2805 | |||
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 1.43 | |||
| Value At Risk | (0.36) | |||
| Potential Upside | 0.6319 |
NewtekOne, 850 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NewtekOne, 850's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NewtekOne, 850's standard deviation. In reality, there are many statistical measures that can use NewtekOne, 850 historical prices to predict the future NewtekOne, 850's volatility.| Risk Adjusted Performance | 0.104 | |||
| Jensen Alpha | 0.0323 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.30) | |||
| Treynor Ratio | 0.8745 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NewtekOne, 850'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.
NewtekOne, 850 percent Backtested Returns
At this point, NewtekOne, 850 is very steady. NewtekOne, 850 percent has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for NewtekOne, 850, which you can use to evaluate the volatility of the firm. Please verify NewtekOne, 850's Mean Deviation of 0.2337, risk adjusted performance of 0.104, and Downside Deviation of 0.2805 to check out if the risk estimate we provide is consistent with the expected return of 0.0357%. NewtekOne, 850 has a performance score of 9 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0428, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NewtekOne, 850's returns are expected to increase less than the market. However, during the bear market, the loss of holding NewtekOne, 850 is expected to be smaller as well. NewtekOne, 850 percent right now secures a risk of 0.3%. Please verify NewtekOne, 850 percent downside variance, as well as the relationship between the accumulation distribution and price action indicator , to decide if NewtekOne, 850 percent will be following its current price movements.
Auto-correlation | -0.17 |
Insignificant reverse predictability
NewtekOne, 850 percent has insignificant reverse predictability. Overlapping area represents the amount of predictability between NewtekOne, 850 time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 NewtekOne, 850 percent price movement. The serial correlation of -0.17 indicates that over 17.0% of current NewtekOne, 850 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
NewtekOne, 850 percent lagged returns against current returns
Autocorrelation, which is NewtekOne, 850 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 NewtekOne, 850's stock expected returns. We can calculate the autocorrelation of NewtekOne, 850 returns to help us make a trade decision. For example, suppose you find that NewtekOne, 850 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 |
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NewtekOne, 850 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 NewtekOne, 850 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NewtekOne, 850 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NewtekOne, 850 stock over time.
Current vs Lagged Prices |
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NewtekOne, 850 Lagged Returns
When evaluating NewtekOne, 850's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NewtekOne, 850 stock have on its future price. NewtekOne, 850 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, NewtekOne, 850 autocorrelation shows the relationship between NewtekOne, 850 stock current value and its past values and can show if there is a momentum factor associated with investing in NewtekOne, 850 percent.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether NewtekOne, 850 percent is a strong investment it is important to analyze NewtekOne, 850's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NewtekOne, 850's future performance. For an informed investment choice regarding NewtekOne, Stock, refer to the following important reports:Check out NewtekOne, 850 Correlation, NewtekOne, 850 Volatility and NewtekOne, 850 Alpha and Beta module to complement your research on NewtekOne, 850. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
NewtekOne, 850 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.