National Research Corp Stock Market Value
| NRC Stock | USD 19.64 0.52 2.72% |
| Symbol | National |
National Research Corp Price To Book Ratio
Is Health Care Providers & Services 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 Research. 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 Research 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 (0.25) | Dividend Share 0.48 | Earnings Share 1.12 | Revenue Per Share 6.013 | Quarterly Revenue Growth (0.06) |
The market value of National Research Corp 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 Research's value that differs from its market value or its book value, called intrinsic value, which is National Research'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 Research's market value can be influenced by many factors that don't directly affect National Research'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 Research's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Research is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Research'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 Research '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 Research'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 Research.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in National Research on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding National Research Corp or generate 0.0% return on investment in National Research over 30 days. National Research is related to or competes with Omega Flex, NI Holdings, PC Connection, and Northrim BanCorp. National Research Corporation provides analytics and insights that facilitate measurement and enhancement of the patient... More
National Research 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 Research'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 Research Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 13.17 | |||
| Value At Risk | (4.72) | |||
| Potential Upside | 4.51 |
National Research Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for National Research's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as National Research's standard deviation. In reality, there are many statistical measures that can use National Research historical prices to predict the future National Research's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (0.05) |
National Research Corp Backtested Returns
National Research Corp has Sharpe Ratio of -0.0551, which conveys that the firm had a -0.0551% return per unit of risk over the last 3 months. National Research exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify National Research's Risk Adjusted Performance of (0.02), mean deviation of 2.0, and Standard Deviation of 2.65 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.83, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, National Research will likely underperform. At this point, National Research Corp has a negative expected return of -0.15%. Please make sure to verify National Research's kurtosis, as well as the relationship between the day median price and relative strength index , to decide if National Research Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.23 |
Weak reverse predictability
National Research Corp has weak reverse predictability. Overlapping area represents the amount of predictability between National Research time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 National Research Corp price movement. The serial correlation of -0.23 indicates that over 23.0% of current National Research price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.65 |
National Research Corp lagged returns against current returns
Autocorrelation, which is National Research 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 Research's stock expected returns. We can calculate the autocorrelation of National Research returns to help us make a trade decision. For example, suppose you find that National Research 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 Research 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 Research stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if National Research stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in National Research stock over time.
Current vs Lagged Prices |
| Timeline |
National Research Lagged Returns
When evaluating National Research's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of National Research stock have on its future price. National Research 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 Research autocorrelation shows the relationship between National Research stock current value and its past values and can show if there is a momentum factor associated with investing in National Research Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether National Research Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National Research's 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 National Research Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Research Corp Stock:Check out National Research Correlation, National Research Volatility and National Research Alpha and Beta module to complement your research on National Research. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
National Research 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.