Newtekone, Depositary Shares, Stock Market Value
| NEWTP Stock | 22.85 0.08 0.35% |
| Symbol | NewtekOne, |
NewtekOne, Depositary Price To Book Ratio
Is Banks - Regional 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, Depositary. 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, Depositary 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, Depositary 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, Depositary's value that differs from its market value or its book value, called intrinsic value, which is NewtekOne, Depositary'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, Depositary's market value can be influenced by many factors that don't directly affect NewtekOne, Depositary'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, Depositary's value and its price as these two are different measures arrived at by different means. Investors typically determine if NewtekOne, Depositary is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NewtekOne, Depositary'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, Depositary '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, Depositary'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, Depositary.
| 11/29/2025 |
| 12/29/2025 |
If you would invest 0.00 in NewtekOne, Depositary on November 29, 2025 and sell it all today you would earn a total of 0.00 from holding NewtekOne, Depositary Shares, or generate 0.0% return on investment in NewtekOne, Depositary over 30 days. NewtekOne, Depositary is related to or competes with First Citizens, Huntington Bancshares, US Bancorp, Citizens Financial, Shinhan Financial, Truist Financial, and KeyCorp. NewtekOne, Depositary is entity of United States More
NewtekOne, Depositary 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, Depositary'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, Depositary Shares, upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 3.21 | |||
| Value At Risk | (1.18) | |||
| Potential Upside | 1.25 |
NewtekOne, Depositary Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NewtekOne, Depositary's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NewtekOne, Depositary's standard deviation. In reality, there are many statistical measures that can use NewtekOne, Depositary historical prices to predict the future NewtekOne, Depositary's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.39) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NewtekOne, Depositary'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, Depositary Backtested Returns
NewtekOne, Depositary has Sharpe Ratio of -0.0589, which conveys that the firm had a -0.0589 % return per unit of risk over the last 3 months. NewtekOne, Depositary exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NewtekOne, Depositary's Standard Deviation of 0.7396, risk adjusted performance of (0.02), and Mean Deviation of 0.5768 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.0777, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NewtekOne, Depositary's returns are expected to increase less than the market. However, during the bear market, the loss of holding NewtekOne, Depositary is expected to be smaller as well. At this point, NewtekOne, Depositary has a negative expected return of -0.0432%. Please make sure to verify NewtekOne, Depositary's value at risk, rate of daily change, as well as the relationship between the Rate Of Daily Change and relative strength index , to decide if NewtekOne, Depositary performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.13 |
Insignificant predictability
NewtekOne, Depositary Shares, has insignificant predictability. Overlapping area represents the amount of predictability between NewtekOne, Depositary time series from 29th of November 2025 to 14th of December 2025 and 14th of December 2025 to 29th of December 2025. 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, Depositary price movement. The serial correlation of 0.13 indicates that less than 13.0% of current NewtekOne, Depositary price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
NewtekOne, Depositary lagged returns against current returns
Autocorrelation, which is NewtekOne, Depositary 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, Depositary's stock expected returns. We can calculate the autocorrelation of NewtekOne, Depositary returns to help us make a trade decision. For example, suppose you find that NewtekOne, Depositary 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 |
NewtekOne, Depositary 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, Depositary stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NewtekOne, Depositary stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NewtekOne, Depositary stock over time.
Current vs Lagged Prices |
| Timeline |
NewtekOne, Depositary Lagged Returns
When evaluating NewtekOne, Depositary's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NewtekOne, Depositary stock have on its future price. NewtekOne, Depositary 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, Depositary autocorrelation shows the relationship between NewtekOne, Depositary stock current value and its past values and can show if there is a momentum factor associated with investing in NewtekOne, Depositary Shares,.
Regressed Prices |
| Timeline |
Pair Trading with NewtekOne, Depositary
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 NewtekOne, Depositary 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 NewtekOne, Depositary will appreciate offsetting losses from the drop in the long position's value.Moving against NewtekOne, Stock
| 0.74 | NBBK | NB Bancorp, Common | PairCorr |
| 0.7 | FBLA | FB Bancorp, Common | PairCorr |
| 0.68 | SRBK | SR Bancorp, Common | PairCorr |
| 0.64 | OBK | Origin Bancorp, | PairCorr |
| 0.56 | CBNA | Chain Bridge Bancorp, | PairCorr |
The ability to find closely correlated positions to NewtekOne, Depositary could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NewtekOne, Depositary 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 NewtekOne, Depositary - 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 NewtekOne, Depositary Shares, to buy it.
The correlation of NewtekOne, Depositary 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 NewtekOne, Depositary moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NewtekOne, Depositary 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 NewtekOne, Depositary 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 NewtekOne, Stock Analysis
When running NewtekOne, Depositary's price analysis, check to measure NewtekOne, Depositary's 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 NewtekOne, Depositary is operating at the current time. Most of NewtekOne, Depositary's value examination focuses on studying past and present price action to predict the probability of NewtekOne, Depositary's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NewtekOne, Depositary's price. Additionally, you may evaluate how the addition of NewtekOne, Depositary to your portfolios can decrease your overall portfolio volatility.