Netscout Systems Stock Market Value
| NTCT Stock | USD 21.81 0.25 1.16% |
| Symbol | NetScout |
NetScout Systems Price To Book Ratio
Is Communications Equipment 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 NetScout Systems. If investors know NetScout 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 NetScout Systems 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 (0.56) | Earnings Share (8.39) | Revenue Per Share 11.042 | Quarterly Revenue Growth (0.03) | Return On Assets 0.01 |
The market value of NetScout Systems is measured differently than its book value, which is the value of NetScout that is recorded on the company's balance sheet. Investors also form their own opinion of NetScout Systems' value that differs from its market value or its book value, called intrinsic value, which is NetScout Systems' 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 NetScout Systems' market value can be influenced by many factors that don't directly affect NetScout Systems' 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 NetScout Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if NetScout Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetScout Systems' 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.
NetScout Systems '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 NetScout Systems' 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 NetScout Systems.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in NetScout Systems on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding NetScout Systems or generate 0.0% return on investment in NetScout Systems over 270 days. NetScout Systems is related to or competes with Progress Software, CommVault Systems, Blackbaud, ACI Worldwide, and Insight Enterprises. NetScout Systems, Inc. provides service assurance and cybersecurity solutions for protect digital business services agai... More
NetScout Systems 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 NetScout Systems' 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 NetScout Systems upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.91 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 10.35 | |||
| Value At Risk | (2.84) | |||
| Potential Upside | 3.23 |
NetScout Systems Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NetScout Systems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NetScout Systems' standard deviation. In reality, there are many statistical measures that can use NetScout Systems historical prices to predict the future NetScout Systems' volatility.| Risk Adjusted Performance | 0.0498 | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.056 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NetScout Systems' 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.
NetScout Systems Backtested Returns
Currently, NetScout Systems is very steady. NetScout Systems has Sharpe Ratio of 0.0417, which conveys that the firm had a 0.0417% return per unit of risk over the last 3 months. We have found thirty technical indicators for NetScout Systems, which you can use to evaluate the volatility of the firm. Please verify NetScout Systems' Mean Deviation of 1.48, risk adjusted performance of 0.0498, and Downside Deviation of 1.91 to check out if the risk estimate we provide is consistent with the expected return of 0.0856%. NetScout Systems has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.91, 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, NetScout Systems will likely underperform. NetScout Systems right now secures a risk of 2.05%. Please verify NetScout Systems potential upside, as well as the relationship between the kurtosis and day typical price , to decide if NetScout Systems will be following its current price movements.
Auto-correlation | -0.63 |
Very good reverse predictability
NetScout Systems has very good reverse predictability. Overlapping area represents the amount of predictability between NetScout Systems time series from 29th of February 2024 to 13th of July 2024 and 13th of July 2024 to 25th 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 NetScout Systems price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current NetScout Systems price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 1.34 |
NetScout Systems lagged returns against current returns
Autocorrelation, which is NetScout Systems 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 NetScout Systems' stock expected returns. We can calculate the autocorrelation of NetScout Systems returns to help us make a trade decision. For example, suppose you find that NetScout Systems 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 |
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NetScout Systems 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 NetScout Systems stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NetScout Systems stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NetScout Systems stock over time.
Current vs Lagged Prices |
| Timeline |
NetScout Systems Lagged Returns
When evaluating NetScout Systems' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NetScout Systems stock have on its future price. NetScout Systems 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, NetScout Systems autocorrelation shows the relationship between NetScout Systems stock current value and its past values and can show if there is a momentum factor associated with investing in NetScout Systems.
Regressed Prices |
| Timeline |
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Additional Tools for NetScout Stock Analysis
When running NetScout Systems' price analysis, check to measure NetScout Systems' 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 NetScout Systems is operating at the current time. Most of NetScout Systems' value examination focuses on studying past and present price action to predict the probability of NetScout Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NetScout Systems' price. Additionally, you may evaluate how the addition of NetScout Systems to your portfolios can decrease your overall portfolio volatility.