Netsol Technologies Stock Market Value
| NTWK Stock | USD 2.67 0.01 0.37% |
| Symbol | NetSol |
NetSol Technologies Price To Book Ratio
Is Application Software 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 NetSol Technologies. If investors know NetSol 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 NetSol Technologies 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 (0.87) | Earnings Share 0.06 | Revenue Per Share 5.395 | Quarterly Revenue Growth 0.193 | Return On Assets 0.0356 |
The market value of NetSol Technologies is measured differently than its book value, which is the value of NetSol that is recorded on the company's balance sheet. Investors also form their own opinion of NetSol Technologies' value that differs from its market value or its book value, called intrinsic value, which is NetSol Technologies' 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 NetSol Technologies' market value can be influenced by many factors that don't directly affect NetSol Technologies' 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 NetSol Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if NetSol Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetSol Technologies' 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.
NetSol Technologies '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 NetSol Technologies' 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 NetSol Technologies.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in NetSol Technologies on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding NetSol Technologies or generate 0.0% return on investment in NetSol Technologies over 30 days. NetSol Technologies is related to or competes with MIND CTI, PDF Solutions, Research Solutions, Red Violet, Meridianlink, Aware, and Creative Realities. NetSol Technologies, Inc. designs, develops, markets, and exports enterprise software solutions to the automobile financ... More
NetSol Technologies 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 NetSol Technologies' 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 NetSol Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 13.18 | |||
| Value At Risk | (3.88) | |||
| Potential Upside | 3.13 |
NetSol Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NetSol Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NetSol Technologies' standard deviation. In reality, there are many statistical measures that can use NetSol Technologies historical prices to predict the future NetSol Technologies' volatility.| Risk Adjusted Performance | 0.005 | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (0.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NetSol Technologies' 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.
NetSol Technologies Backtested Returns
As of now, NetSol Stock is relatively risky. NetSol Technologies has Sharpe Ratio of 0.0296, which conveys that the firm had a 0.0296% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for NetSol Technologies, which you can use to evaluate the volatility of the firm. Please verify NetSol Technologies' Mean Deviation of 1.82, standard deviation of 2.37, and Risk Adjusted Performance of 0.005 to check out if the risk estimate we provide is consistent with the expected return of 0.0705%. NetSol Technologies has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.1, which conveys a somewhat significant risk relative to the market. NetSol Technologies returns are very sensitive to returns on the market. As the market goes up or down, NetSol Technologies is expected to follow. NetSol Technologies right now secures a risk of 2.38%. Please verify NetSol Technologies maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if NetSol Technologies will be following its current price movements.
Auto-correlation | 0.78 |
Good predictability
NetSol Technologies has good predictability. Overlapping area represents the amount of predictability between NetSol Technologies time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 NetSol Technologies price movement. The serial correlation of 0.78 indicates that around 78.0% of current NetSol Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
NetSol Technologies lagged returns against current returns
Autocorrelation, which is NetSol Technologies 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 NetSol Technologies' stock expected returns. We can calculate the autocorrelation of NetSol Technologies returns to help us make a trade decision. For example, suppose you find that NetSol Technologies 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 |
NetSol Technologies 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 NetSol Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NetSol Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NetSol Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
NetSol Technologies Lagged Returns
When evaluating NetSol Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NetSol Technologies stock have on its future price. NetSol Technologies 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, NetSol Technologies autocorrelation shows the relationship between NetSol Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in NetSol Technologies.
Regressed Prices |
| Timeline |
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NetSol Technologies 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.