Northern Bear (UK) Market Value
| NTBR Stock | 53.50 0.50 0.93% |
| Symbol | Northern |
Northern Bear '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 Northern Bear'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 Northern Bear.
| 01/28/2023 |
| 12/18/2024 |
If you would invest 0.00 in Northern Bear on January 28, 2023 and sell it all today you would earn a total of 0.00 from holding Northern Bear Plc or generate 0.0% return on investment in Northern Bear over 690 days. Northern Bear is related to or competes with Summit Materials, Molson Coors, Axway Software, Ecclesiastical Insurance, Associated British, and Vulcan Materials. Northern Bear is entity of United Kingdom More
Northern Bear 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 Northern Bear'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 Northern Bear Plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 9.55 | |||
| Value At Risk | (3.54) | |||
| Potential Upside | 1.8 |
Northern Bear Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern Bear's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Northern Bear's standard deviation. In reality, there are many statistical measures that can use Northern Bear historical prices to predict the future Northern Bear's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | 2.27 |
Northern Bear Plc Backtested Returns
Northern Bear Plc has Sharpe Ratio of -0.0437, which conveys that the firm had a -0.0437% return per unit of risk over the last 3 months. Northern Bear exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Northern Bear's Standard Deviation of 1.53, mean deviation of 0.8202, and Risk Adjusted Performance of (0.09) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.09, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Northern Bear are expected to decrease at a much lower rate. During the bear market, Northern Bear is likely to outperform the market. At this point, Northern Bear Plc has a negative expected return of -0.0721%. Please make sure to verify Northern Bear's maximum drawdown, skewness, accumulation distribution, as well as the relationship between the potential upside and kurtosis , to decide if Northern Bear Plc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.46 |
Modest reverse predictability
Northern Bear Plc has modest reverse predictability. Overlapping area represents the amount of predictability between Northern Bear time series from 28th of January 2023 to 8th of January 2024 and 8th of January 2024 to 18th of December 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 Northern Bear Plc price movement. The serial correlation of -0.46 indicates that about 46.0% of current Northern Bear price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 6.19 |
Northern Bear Plc lagged returns against current returns
Autocorrelation, which is Northern Bear 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 Northern Bear's stock expected returns. We can calculate the autocorrelation of Northern Bear returns to help us make a trade decision. For example, suppose you find that Northern Bear 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 |
Northern Bear 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 Northern Bear stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Northern Bear stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Northern Bear stock over time.
Current vs Lagged Prices |
| Timeline |
Northern Bear Lagged Returns
When evaluating Northern Bear's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Northern Bear stock have on its future price. Northern Bear 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, Northern Bear autocorrelation shows the relationship between Northern Bear stock current value and its past values and can show if there is a momentum factor associated with investing in Northern Bear Plc.
Regressed Prices |
| Timeline |
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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.Additional Tools for Northern Stock Analysis
When running Northern Bear's price analysis, check to measure Northern Bear's 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 Northern Bear is operating at the current time. Most of Northern Bear's value examination focuses on studying past and present price action to predict the probability of Northern Bear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Bear's price. Additionally, you may evaluate how the addition of Northern Bear to your portfolios can decrease your overall portfolio volatility.