Nv5 Global Stock Market Value
| NVEE Stock | USD 22.17 0.06 0.27% |
| Symbol | NV5 |
NV5 Global Price To Book Ratio
Is Construction & Engineering 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 NV5 Global. If investors know NV5 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 NV5 Global 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 0.286 | Earnings Share 0.54 | Revenue Per Share 14.898 | Quarterly Revenue Growth 0.056 | Return On Assets 0.0278 |
The market value of NV5 Global is measured differently than its book value, which is the value of NV5 that is recorded on the company's balance sheet. Investors also form their own opinion of NV5 Global's value that differs from its market value or its book value, called intrinsic value, which is NV5 Global'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 NV5 Global's market value can be influenced by many factors that don't directly affect NV5 Global'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 NV5 Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if NV5 Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NV5 Global'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.
NV5 Global '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 NV5 Global'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 NV5 Global.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in NV5 Global on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding NV5 Global or generate 0.0% return on investment in NV5 Global over 30 days. NV5 Global is related to or competes with EMCOR, Comfort Systems, Primoris Services, Granite Construction, Construction Partners, MYR, and Great Lakes. NV5 Global offers professional and technical engineering and consulting solutions to public and private sector clients i... More
NV5 Global 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 NV5 Global'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 NV5 Global upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 13.29 | |||
| Value At Risk | (3.64) | |||
| Potential Upside | 2.56 |
NV5 Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NV5 Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NV5 Global's standard deviation. In reality, there are many statistical measures that can use NV5 Global historical prices to predict the future NV5 Global's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (0.08) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NV5 Global'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.
NV5 Global Backtested Returns
NV5 Global retains Efficiency (Sharpe Ratio) of -0.0454, which conveys that the firm had a -0.0454% return per unit of risk over the last 3 months. NV5 Global exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NV5 Global's Market Risk Adjusted Performance of (0.07), mean deviation of 1.36, and Variance of 3.82 to check out the risk estimate we provide. The company owns a Beta (Systematic Risk) of 1.48, 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, NV5 Global will likely underperform. At this point, NV5 Global has a negative expected return of -0.0897%. Please make sure to verify NV5 Global's maximum drawdown, and the relationship between the information ratio and accumulation distribution , to decide if NV5 Global performance from the past will be repeated in the future.
Auto-correlation | -0.54 |
Good reverse predictability
NV5 Global has good reverse predictability. Overlapping area represents the amount of predictability between NV5 Global 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 NV5 Global price movement. The serial correlation of -0.54 indicates that about 54.0% of current NV5 Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.53 |
NV5 Global lagged returns against current returns
Autocorrelation, which is NV5 Global 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 NV5 Global's stock expected returns. We can calculate the autocorrelation of NV5 Global returns to help us make a trade decision. For example, suppose you find that NV5 Global 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 |
NV5 Global 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 NV5 Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NV5 Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NV5 Global stock over time.
Current vs Lagged Prices |
| Timeline |
NV5 Global Lagged Returns
When evaluating NV5 Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NV5 Global stock have on its future price. NV5 Global 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, NV5 Global autocorrelation shows the relationship between NV5 Global stock current value and its past values and can show if there is a momentum factor associated with investing in NV5 Global.
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 NV5 Global is a strong investment it is important to analyze NV5 Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NV5 Global's future performance. For an informed investment choice regarding NV5 Stock, refer to the following important reports:Check out NV5 Global Correlation, NV5 Global Volatility and NV5 Global Alpha and Beta module to complement your research on NV5 Global. For information on how to trade NV5 Stock refer to our How to Trade NV5 Stock guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
NV5 Global 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.