Norris Industries Stock Market Value
| NRIS Stock | USD 0.14 0.00 0.00% |
| Symbol | Norris |
Norris Industries '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 Norris Industries' 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 Norris Industries.
| 11/29/2025 |
| 12/29/2025 |
If you would invest 0.00 in Norris Industries on November 29, 2025 and sell it all today you would earn a total of 0.00 from holding Norris Industries or generate 0.0% return on investment in Norris Industries over 30 days. Norris Industries is related to or competes with Helium Evolution, and IGas Energy. Norris Industries, Inc. engages in the acquisition, exploration, and development of crude oil and natural gas properties... More
Norris Industries 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 Norris Industries' 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 Norris Industries upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0816 | |||
| Maximum Drawdown | 96.67 |
Norris Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Norris Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Norris Industries' standard deviation. In reality, there are many statistical measures that can use Norris Industries historical prices to predict the future Norris Industries' volatility.| Risk Adjusted Performance | 0.0724 | |||
| Jensen Alpha | 0.8876 | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | 2.74 |
Norris Industries Backtested Returns
Norris Industries appears to be out of control, given 3 months investment horizon. Norris Industries has Sharpe Ratio of 0.0905, which conveys that the firm had a 0.0905 % return per unit of risk over the last 3 months. By analyzing Norris Industries' technical indicators, you can evaluate if the expected return of 0.94% is justified by implied risk. Please exercise Norris Industries' Mean Deviation of 3.33, risk adjusted performance of 0.0724, and Standard Deviation of 10.27 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Norris Industries holds a performance score of 7. The company secures a Beta (Market Risk) of 0.33, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Norris Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding Norris Industries is expected to be smaller as well. Please check Norris Industries' risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis , to make a quick decision on whether Norris Industries' current price movements will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Norris Industries has no correlation between past and present. Overlapping area represents the amount of predictability between Norris Industries time series from 29th of November 2025 to 14th of December 2025 and 14th of December 2025 to 29th of December 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 Norris Industries price movement. The serial correlation of 0.0 indicates that just 0.0% of current Norris Industries 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 |
Norris Industries lagged returns against current returns
Autocorrelation, which is Norris Industries 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 Norris Industries' otc stock expected returns. We can calculate the autocorrelation of Norris Industries returns to help us make a trade decision. For example, suppose you find that Norris Industries 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 |
Norris Industries 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 Norris Industries otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Norris Industries otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Norris Industries otc stock over time.
Current vs Lagged Prices |
| Timeline |
Norris Industries Lagged Returns
When evaluating Norris Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Norris Industries otc stock have on its future price. Norris Industries 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, Norris Industries autocorrelation shows the relationship between Norris Industries otc stock current value and its past values and can show if there is a momentum factor associated with investing in Norris Industries.
Regressed Prices |
| Timeline |
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Additional Tools for Norris OTC Stock Analysis
When running Norris Industries' price analysis, check to measure Norris Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Norris Industries is operating at the current time. Most of Norris Industries' value examination focuses on studying past and present price action to predict the probability of Norris Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Norris Industries' price. Additionally, you may evaluate how the addition of Norris Industries to your portfolios can decrease your overall portfolio volatility.