Nobility Homes Stock Market Value
| NOBH Stock | USD 29.75 0.25 0.85% |
| Symbol | Nobility |
Nobility Homes '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 Nobility Homes' otc 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 Nobility Homes.
| 12/18/2025 |
| 01/17/2026 |
If you would invest 0.00 in Nobility Homes on December 18, 2025 and sell it all today you would earn a total of 0.00 from holding Nobility Homes or generate 0.0% return on investment in Nobility Homes over 30 days. Nobility Homes is related to or competes with Asante Incorporated, McRae Industries, Keck Seng, Roots, Victoria Plc, and Viskase Companies. Nobility Homes, Inc. designs, manufactures, and sells various manufactured and modular homes in Florida More
Nobility Homes 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 Nobility Homes' otc 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 Nobility Homes upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.54 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 22.88 | |||
| Value At Risk | (7.44) | |||
| Potential Upside | 4.69 |
Nobility Homes Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nobility Homes' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nobility Homes' standard deviation. In reality, there are many statistical measures that can use Nobility Homes historical prices to predict the future Nobility Homes' volatility.| Risk Adjusted Performance | 0.0184 | |||
| Jensen Alpha | 0.0503 | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.54) |
Nobility Homes Backtested Returns
Nobility Homes is not too volatile at the moment. Nobility Homes has Sharpe Ratio of 0.0154, which conveys that the firm had a 0.0154 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nobility Homes, which you can use to evaluate the volatility of the firm. Please verify Nobility Homes' Risk Adjusted Performance of 0.0184, downside deviation of 6.54, and Mean Deviation of 1.72 to check out if the risk estimate we provide is consistent with the expected return of 0.0565%. Nobility Homes has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.0797, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nobility Homes are expected to decrease at a much lower rate. During the bear market, Nobility Homes is likely to outperform the market. Nobility Homes right now secures a risk of 3.68%. Please verify Nobility Homes information ratio, downside variance, day median price, as well as the relationship between the treynor ratio and kurtosis , to decide if Nobility Homes will be following its current price movements.
Auto-correlation | -0.47 |
Modest reverse predictability
Nobility Homes has modest reverse predictability. Overlapping area represents the amount of predictability between Nobility Homes time series from 18th of December 2025 to 2nd of January 2026 and 2nd of January 2026 to 17th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nobility Homes price movement. The serial correlation of -0.47 indicates that about 47.0% of current Nobility Homes price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 1.23 |
Nobility Homes lagged returns against current returns
Autocorrelation, which is Nobility Homes otc 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 Nobility Homes' otc stock expected returns. We can calculate the autocorrelation of Nobility Homes returns to help us make a trade decision. For example, suppose you find that Nobility Homes has exhibited high autocorrelation historically, and you observe that the otc 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 |
Nobility Homes 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 Nobility Homes otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nobility Homes otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nobility Homes otc stock over time.
Current vs Lagged Prices |
| Timeline |
Nobility Homes Lagged Returns
When evaluating Nobility Homes' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nobility Homes otc stock have on its future price. Nobility Homes 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, Nobility Homes autocorrelation shows the relationship between Nobility Homes otc stock current value and its past values and can show if there is a momentum factor associated with investing in Nobility Homes.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Nobility OTC Stock
Nobility Homes financial ratios help investors to determine whether Nobility OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nobility with respect to the benefits of owning Nobility Homes security.