Nutriband Warrant Stock Market Value
| NTRBW Stock | USD 1.50 0.30 16.67% |
| Symbol | Nutriband |
Nutriband Warrant Price To Book Ratio
Is Biotechnology 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 Nutriband Warrant. If investors know Nutriband 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 Nutriband Warrant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.51) | Revenue Per Share 0.243 | Quarterly Revenue Growth (0.14) | Return On Assets (0.30) | Return On Equity (0.60) |
The market value of Nutriband Warrant is measured differently than its book value, which is the value of Nutriband that is recorded on the company's balance sheet. Investors also form their own opinion of Nutriband Warrant's value that differs from its market value or its book value, called intrinsic value, which is Nutriband Warrant'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 Nutriband Warrant's market value can be influenced by many factors that don't directly affect Nutriband Warrant'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 Nutriband Warrant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nutriband Warrant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nutriband Warrant'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.
Nutriband Warrant '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 Nutriband Warrant'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 Nutriband Warrant.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Nutriband Warrant on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Nutriband Warrant or generate 0.0% return on investment in Nutriband Warrant over 30 days. Nutriband Warrant is related to or competes with Nutriband, HCW Biologics, and Biofrontera Warrants. Nutriband Inc. develops a portfolio of transdermal pharmaceutical products More
Nutriband Warrant 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 Nutriband Warrant'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 Nutriband Warrant upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 14.51 | |||
| Information Ratio | 0.0859 | |||
| Maximum Drawdown | 63.94 | |||
| Value At Risk | (18.37) | |||
| Potential Upside | 30.0 |
Nutriband Warrant Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nutriband Warrant's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nutriband Warrant's standard deviation. In reality, there are many statistical measures that can use Nutriband Warrant historical prices to predict the future Nutriband Warrant's volatility.| Risk Adjusted Performance | 0.0832 | |||
| Jensen Alpha | 0.5876 | |||
| Total Risk Alpha | (0.92) | |||
| Sortino Ratio | 0.0766 | |||
| Treynor Ratio | 0.2427 |
Nutriband Warrant Backtested Returns
Nutriband Warrant is out of control given 3 months investment horizon. Nutriband Warrant has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. We have analyzed twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.52% are justified by taking the suggested risk. Use Nutriband Warrant Risk Adjusted Performance of 0.0832, mean deviation of 8.63, and Downside Deviation of 14.51 to evaluate company specific risk that cannot be diversified away. Nutriband Warrant holds a performance score of 9 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 5.1, 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, Nutriband Warrant will likely underperform. Use Nutriband Warrant total risk alpha, downside variance, as well as the relationship between the Downside Variance and rate of daily change , to analyze future returns on Nutriband Warrant.
Auto-correlation | 0.56 |
Modest predictability
Nutriband Warrant has modest predictability. Overlapping area represents the amount of predictability between Nutriband Warrant time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Nutriband Warrant price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Nutriband Warrant price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Nutriband Warrant lagged returns against current returns
Autocorrelation, which is Nutriband Warrant 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 Nutriband Warrant's stock expected returns. We can calculate the autocorrelation of Nutriband Warrant returns to help us make a trade decision. For example, suppose you find that Nutriband Warrant 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 |
Nutriband Warrant 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 Nutriband Warrant stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nutriband Warrant stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nutriband Warrant stock over time.
Current vs Lagged Prices |
| Timeline |
Nutriband Warrant Lagged Returns
When evaluating Nutriband Warrant's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nutriband Warrant stock have on its future price. Nutriband Warrant 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, Nutriband Warrant autocorrelation shows the relationship between Nutriband Warrant stock current value and its past values and can show if there is a momentum factor associated with investing in Nutriband Warrant.
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 Nutriband Stock Analysis
When running Nutriband Warrant's price analysis, check to measure Nutriband Warrant'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 Nutriband Warrant is operating at the current time. Most of Nutriband Warrant's value examination focuses on studying past and present price action to predict the probability of Nutriband Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nutriband Warrant's price. Additionally, you may evaluate how the addition of Nutriband Warrant to your portfolios can decrease your overall portfolio volatility.