Newpoint Financial Corp Stock Market Value
| NPFC Stock | 1.25 0.00 0.00% |
| Symbol | Newpoint |
Newpoint Financial '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 Newpoint Financial'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 Newpoint Financial.
| 01/26/2025 |
| 02/25/2025 |
If you would invest 0.00 in Newpoint Financial on January 26, 2025 and sell it all today you would earn a total of 0.00 from holding Newpoint Financial Corp or generate 0.0% return on investment in Newpoint Financial over 30 days.
Newpoint Financial 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 Newpoint Financial'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 Newpoint Financial Corp upside and downside potential and time the market with a certain degree of confidence.
Newpoint Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Newpoint Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Newpoint Financial's standard deviation. In reality, there are many statistical measures that can use Newpoint Financial historical prices to predict the future Newpoint Financial's volatility.Newpoint Financial Corp Backtested Returns
We have found three technical indicators for Newpoint Financial, which you can use to evaluate the volatility of the firm. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Newpoint Financial are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Newpoint Financial Corp has no correlation between past and present. Overlapping area represents the amount of predictability between Newpoint Financial time series from 26th of January 2025 to 10th of February 2025 and 10th of February 2025 to 25th of February 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 Newpoint Financial Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Newpoint Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Newpoint Financial Corp lagged returns against current returns
Autocorrelation, which is Newpoint Financial 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 Newpoint Financial's pink sheet expected returns. We can calculate the autocorrelation of Newpoint Financial returns to help us make a trade decision. For example, suppose you find that Newpoint Financial 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 |
Newpoint Financial 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 Newpoint Financial pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Newpoint Financial pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Newpoint Financial pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Newpoint Financial Lagged Returns
When evaluating Newpoint Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Newpoint Financial pink sheet have on its future price. Newpoint Financial 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, Newpoint Financial autocorrelation shows the relationship between Newpoint Financial pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Newpoint Financial Corp.
Regressed Prices |
| Timeline |