Nowvertical Group Stock Market Value
| NOWVF Stock | USD 0.25 0.01 4.17% |
| Symbol | NowVertical |
NowVertical '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 NowVertical's pink sheet 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 NowVertical.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in NowVertical on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding NowVertical Group or generate 0.0% return on investment in NowVertical over 30 days. NowVertical is related to or competes with Arax Holdings, AppTech Payments, I3 Verticals, Arqit Quantum, Veritone, Bridgeline Digital, and Aurora Mobile. NowVertical Group Inc. operates as a big data technology company More
NowVertical 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 NowVertical's pink sheet 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 NowVertical Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.0 | |||
| Information Ratio | 0.1093 | |||
| Maximum Drawdown | 90.22 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 12.5 |
NowVertical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NowVertical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NowVertical's standard deviation. In reality, there are many statistical measures that can use NowVertical historical prices to predict the future NowVertical's volatility.| Risk Adjusted Performance | 0.1007 | |||
| Jensen Alpha | 1.8 | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | 0.127 | |||
| Treynor Ratio | (0.62) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NowVertical'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.
NowVertical Group Backtested Returns
NowVertical is out of control given 3 months investment horizon. NowVertical Group has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.85% are justified by taking the suggested risk. Use NowVertical Group Mean Deviation of 5.55, risk adjusted performance of 0.1007, and Downside Deviation of 11.0 to evaluate company specific risk that cannot be diversified away. NowVertical holds a performance score of 11 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -2.46, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning NowVertical are expected to decrease by larger amounts. On the other hand, during market turmoil, NowVertical is expected to outperform it. Use NowVertical Group downside variance, as well as the relationship between the accumulation distribution and price action indicator , to analyze future returns on NowVertical Group.
Auto-correlation | 0.29 |
Poor predictability
NowVertical Group has poor predictability. Overlapping area represents the amount of predictability between NowVertical time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 NowVertical Group price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current NowVertical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
NowVertical Group lagged returns against current returns
Autocorrelation, which is NowVertical pink sheet'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 NowVertical's pink sheet expected returns. We can calculate the autocorrelation of NowVertical returns to help us make a trade decision. For example, suppose you find that NowVertical has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
NowVertical 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 NowVertical pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NowVertical pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NowVertical pink sheet over time.
Current vs Lagged Prices |
| Timeline |
NowVertical Lagged Returns
When evaluating NowVertical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NowVertical pink sheet have on its future price. NowVertical 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, NowVertical autocorrelation shows the relationship between NowVertical pink sheet current value and its past values and can show if there is a momentum factor associated with investing in NowVertical Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in NowVertical Pink Sheet
NowVertical financial ratios help investors to determine whether NowVertical Pink Sheet 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 NowVertical with respect to the benefits of owning NowVertical security.