National Presto Industries Stock Market Value
| NPK Stock | USD 97.30 1.43 1.49% |
| Symbol | National |
National Presto Indu Price To Book Ratio
Is Aerospace & Defense 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 National Presto. If investors know National 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 National Presto 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 0.148 | Dividend Share 1 | Earnings Share 4.76 | Revenue Per Share | Quarterly Revenue Growth 0.104 |
The market value of National Presto Indu is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Presto's value that differs from its market value or its book value, called intrinsic value, which is National Presto'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 National Presto's market value can be influenced by many factors that don't directly affect National Presto'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 National Presto's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Presto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Presto'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.
National Presto '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 National Presto'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 National Presto.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in National Presto on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding National Presto Industries or generate 0.0% return on investment in National Presto over 150 days. National Presto is related to or competes with Park Electrochemical, Ducommun Incorporated, Innovative Solutions, VSE, Astronics, and Curtiss Wright. National Presto Industries Inc. provides housewares and small electric appliance, and defense products primarily in Nort... More
National Presto 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 National Presto'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 National Presto Industries upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.38 | |||
| Information Ratio | 0.2053 | |||
| Maximum Drawdown | 8.03 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 2.81 |
National Presto Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for National Presto's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as National Presto's standard deviation. In reality, there are many statistical measures that can use National Presto historical prices to predict the future National Presto's volatility.| Risk Adjusted Performance | 0.229 | |||
| Jensen Alpha | 0.3976 | |||
| Total Risk Alpha | 0.2442 | |||
| Sortino Ratio | 0.2343 | |||
| Treynor Ratio | 2.23 |
National Presto Indu Backtested Returns
National Presto appears to be very steady, given 3 months investment horizon. National Presto Indu has Sharpe Ratio of 0.33, which conveys that the firm had a 0.33 % return per unit of risk over the last 3 months. By analyzing National Presto's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please exercise National Presto's Mean Deviation of 1.2, downside deviation of 1.38, and Risk Adjusted Performance of 0.229 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, National Presto holds a performance score of 26. The company secures a Beta (Market Risk) of 0.19, which conveys not very significant fluctuations relative to the market. As returns on the market increase, National Presto's returns are expected to increase less than the market. However, during the bear market, the loss of holding National Presto is expected to be smaller as well. Please check National Presto's potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether National Presto's current price movements will revert.
Auto-correlation | -0.38 |
Poor reverse predictability
National Presto Industries has poor reverse predictability. Overlapping area represents the amount of predictability between National Presto time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st of January 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 National Presto Indu price movement. The serial correlation of -0.38 indicates that just about 38.0% of current National Presto price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 56.62 |
National Presto Indu lagged returns against current returns
Autocorrelation, which is National Presto 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 National Presto's stock expected returns. We can calculate the autocorrelation of National Presto returns to help us make a trade decision. For example, suppose you find that National Presto 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 |
National Presto 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 National Presto stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if National Presto stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in National Presto stock over time.
Current vs Lagged Prices |
| Timeline |
National Presto Lagged Returns
When evaluating National Presto's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of National Presto stock have on its future price. National Presto 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, National Presto autocorrelation shows the relationship between National Presto stock current value and its past values and can show if there is a momentum factor associated with investing in National Presto Industries.
Regressed Prices |
| Timeline |
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National Presto 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.