Napco Security Technologies Stock Market Value
| NSSC Stock | USD 38.91 1.11 2.77% |
| Symbol | NAPCO |
NAPCO Security Techn Price To Book Ratio
Is Electronic Equipment, Instruments & Components 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 NAPCO Security. If investors know NAPCO 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 NAPCO Security 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 0.071 | Dividend Share 0.405 | Earnings Share 1.36 | Revenue Per Share 5.191 | Quarterly Revenue Growth 0.056 |
The market value of NAPCO Security Techn is measured differently than its book value, which is the value of NAPCO that is recorded on the company's balance sheet. Investors also form their own opinion of NAPCO Security's value that differs from its market value or its book value, called intrinsic value, which is NAPCO Security'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 NAPCO Security's market value can be influenced by many factors that don't directly affect NAPCO Security'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 NAPCO Security's value and its price as these two are different measures arrived at by different means. Investors typically determine if NAPCO Security is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NAPCO Security'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.
NAPCO Security '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 NAPCO Security'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 NAPCO Security.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in NAPCO Security on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding NAPCO Security Technologies or generate 0.0% return on investment in NAPCO Security over 30 days. NAPCO Security is related to or competes with UFP Technologies, Omega Flex, Transcat, Northwest Pipe, and Northrim BanCorp. Napco Security Technologies, Inc. develops, manufactures, and sells electronic security products in the United States an... More
NAPCO Security 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 NAPCO Security'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 NAPCO Security Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 24.52 | |||
| Value At Risk | (5.95) | |||
| Potential Upside | 4.06 |
NAPCO Security Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NAPCO Security's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NAPCO Security's standard deviation. In reality, there are many statistical measures that can use NAPCO Security historical prices to predict the future NAPCO Security's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.45) | |||
| Total Risk Alpha | (0.75) | |||
| Treynor Ratio | (0.09) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NAPCO Security'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.
NAPCO Security Techn Backtested Returns
NAPCO Security Techn has Sharpe Ratio of -0.0274, which conveys that the company had a -0.0274% return per unit of volatility over the last 3 months. NAPCO Security exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NAPCO Security's Mean Deviation of 2.23, market risk adjusted performance of (0.08), and Standard Deviation of 3.68 to check out the risk estimate we provide. The firm secures a Beta (Market Risk) of 2.17, 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, NAPCO Security will likely underperform. At this point, NAPCO Security Techn has a negative expected return of -0.0973%. Please make sure to verify NAPCO Security's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if NAPCO Security Techn performance from the past will be repeated in the future.
Auto-correlation | 0.28 |
Poor predictability
NAPCO Security Technologies has poor predictability. Overlapping area represents the amount of predictability between NAPCO Security 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 NAPCO Security Techn price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current NAPCO Security price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 2.46 |
NAPCO Security Techn lagged returns against current returns
Autocorrelation, which is NAPCO Security 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 NAPCO Security's stock expected returns. We can calculate the autocorrelation of NAPCO Security returns to help us make a trade decision. For example, suppose you find that NAPCO Security 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 |
NAPCO Security 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 NAPCO Security stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NAPCO Security stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NAPCO Security stock over time.
Current vs Lagged Prices |
| Timeline |
NAPCO Security Lagged Returns
When evaluating NAPCO Security's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NAPCO Security stock have on its future price. NAPCO Security 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, NAPCO Security autocorrelation shows the relationship between NAPCO Security stock current value and its past values and can show if there is a momentum factor associated with investing in NAPCO Security Technologies.
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 NAPCO Security Techn offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NAPCO Security'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 Napco Security Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Napco Security Technologies Stock:Check out NAPCO Security Correlation, NAPCO Security Volatility and NAPCO Security Alpha and Beta module to complement your research on NAPCO Security. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
NAPCO Security 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.