Noah Holdings Stock Market Value
| NOAH Stock | USD 12.81 1.10 9.39% |
| Symbol | Noah |
Noah Holdings Price To Book Ratio
Is Asset Management & Custody Banks 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 Noah Holdings. If investors know Noah 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 Noah Holdings 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 (0.69) | Dividend Share 7.75 | Earnings Share 1.35 | Revenue Per Share 40.352 | Quarterly Revenue Growth (0.35) |
The market value of Noah Holdings is measured differently than its book value, which is the value of Noah that is recorded on the company's balance sheet. Investors also form their own opinion of Noah Holdings' value that differs from its market value or its book value, called intrinsic value, which is Noah Holdings' 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 Noah Holdings' market value can be influenced by many factors that don't directly affect Noah Holdings' 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 Noah Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Noah Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Noah Holdings' 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.
Noah Holdings '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 Noah Holdings' 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 Noah Holdings.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Noah Holdings on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Noah Holdings or generate 0.0% return on investment in Noah Holdings over 30 days. Noah Holdings is related to or competes with MFS Investment, Invesco High, Eaton Vance, Nuveen California, Blackrock Munivest, and Federated Premier. Noah Holdings Limited, together with its subsidiaries, operates as a wealth and asset management service provider with t... More
Noah Holdings 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 Noah Holdings' 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 Noah Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.24 | |||
| Information Ratio | 0.136 | |||
| Maximum Drawdown | 22.99 | |||
| Value At Risk | (5.25) | |||
| Potential Upside | 10.32 |
Noah Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Noah Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Noah Holdings' standard deviation. In reality, there are many statistical measures that can use Noah Holdings historical prices to predict the future Noah Holdings' volatility.| Risk Adjusted Performance | 0.136 | |||
| Jensen Alpha | 0.628 | |||
| Total Risk Alpha | 0.0304 | |||
| Sortino Ratio | 0.1756 | |||
| Treynor Ratio | 1.36 |
Noah Holdings Backtested Returns
Noah Holdings appears to be not too volatile, given 3 months investment horizon. Noah Holdings has Sharpe Ratio of 0.19, which conveys that the firm had a 0.19% return per unit of risk over the last 3 months. By analyzing Noah Holdings' technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please exercise Noah Holdings' Risk Adjusted Performance of 0.136, mean deviation of 2.87, and Downside Deviation of 3.24 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Noah Holdings holds a performance score of 14. The company secures a Beta (Market Risk) of 0.51, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Noah Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Noah Holdings is expected to be smaller as well. Please check Noah Holdings' treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to make a quick decision on whether Noah Holdings' current price movements will revert.
Auto-correlation | -0.55 |
Good reverse predictability
Noah Holdings has good reverse predictability. Overlapping area represents the amount of predictability between Noah Holdings time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Noah Holdings price movement. The serial correlation of -0.55 indicates that about 55.0% of current Noah Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Noah Holdings lagged returns against current returns
Autocorrelation, which is Noah Holdings 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 Noah Holdings' stock expected returns. We can calculate the autocorrelation of Noah Holdings returns to help us make a trade decision. For example, suppose you find that Noah Holdings 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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Noah Holdings 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 Noah Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Noah Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Noah Holdings stock over time.
Current vs Lagged Prices |
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Noah Holdings Lagged Returns
When evaluating Noah Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Noah Holdings stock have on its future price. Noah Holdings 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, Noah Holdings autocorrelation shows the relationship between Noah Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Noah Holdings.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Noah Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Noah Holdings' 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 Noah Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Noah Holdings Stock:Check out Noah Holdings Correlation, Noah Holdings Volatility and Noah Holdings Alpha and Beta module to complement your research on Noah Holdings. For more detail on how to invest in Noah Stock please use our How to Invest in Noah Holdings guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Noah Holdings 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.