Nature Wood Group Stock Market Value
| NWGL Stock | 1.41 0.01 0.70% |
| Symbol | Nature |
Nature Wood Group Price To Book Ratio
Is Paper & Forest Products 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 Nature Wood. If investors know Nature 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 Nature Wood listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.88) | Revenue Per Share 1.82 | Quarterly Revenue Growth (0.49) | Return On Assets (0.08) | Return On Equity (0.78) |
The market value of Nature Wood Group is measured differently than its book value, which is the value of Nature that is recorded on the company's balance sheet. Investors also form their own opinion of Nature Wood's value that differs from its market value or its book value, called intrinsic value, which is Nature Wood'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 Nature Wood's market value can be influenced by many factors that don't directly affect Nature Wood'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 Nature Wood's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nature Wood is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nature Wood'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.
Nature Wood '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 Nature Wood'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 Nature Wood.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Nature Wood on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Nature Wood Group or generate 0.0% return on investment in Nature Wood over 690 days. Nature Wood is related to or competes with Microbot Medical, Starbucks, Boyd Gaming, Dennys Corp, Dalata Hotel, and Wendys. Nature Wood is entity of United States. It is traded as Stock on NASDAQ exchange. More
Nature Wood 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 Nature Wood'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 Nature Wood Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 17.28 | |||
| Value At Risk | (5.70) | |||
| Potential Upside | 5.71 |
Nature Wood Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nature Wood's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nature Wood's standard deviation. In reality, there are many statistical measures that can use Nature Wood historical prices to predict the future Nature Wood's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.69) | |||
| Treynor Ratio | 0.5714 |
Nature Wood Group Backtested Returns
Nature Wood Group has Sharpe Ratio of -0.0155, which conveys that the firm had a -0.0155% return per unit of risk over the last 3 months. Nature Wood exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nature Wood's Risk Adjusted Performance of (0.02), mean deviation of 2.65, and Standard Deviation of 3.69 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.23, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nature Wood are expected to decrease at a much lower rate. During the bear market, Nature Wood is likely to outperform the market. At this point, Nature Wood Group has a negative expected return of -0.0577%. Please make sure to verify Nature Wood's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Nature Wood Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.27 |
Poor predictability
Nature Wood Group has poor predictability. Overlapping area represents the amount of predictability between Nature Wood time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th 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 Nature Wood Group price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Nature Wood price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 10.56 |
Nature Wood Group lagged returns against current returns
Autocorrelation, which is Nature Wood 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 Nature Wood's stock expected returns. We can calculate the autocorrelation of Nature Wood returns to help us make a trade decision. For example, suppose you find that Nature Wood 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 |
Nature Wood 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 Nature Wood stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nature Wood stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nature Wood stock over time.
Current vs Lagged Prices |
| Timeline |
Nature Wood Lagged Returns
When evaluating Nature Wood's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nature Wood stock have on its future price. Nature Wood 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, Nature Wood autocorrelation shows the relationship between Nature Wood stock current value and its past values and can show if there is a momentum factor associated with investing in Nature Wood Group.
Regressed Prices |
| Timeline |
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Nature Wood 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.