Nwtn Class B Stock Market Value
| NWTN Stock | 0.65 0 0.62% |
| Symbol | NWTN |
NWTN Class B Price To Book Ratio
Is Automotive Parts & 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 NWTN. If investors know NWTN 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 NWTN listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of NWTN Class B is measured differently than its book value, which is the value of NWTN that is recorded on the company's balance sheet. Investors also form their own opinion of NWTN's value that differs from its market value or its book value, called intrinsic value, which is NWTN'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 NWTN's market value can be influenced by many factors that don't directly affect NWTN'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 NWTN's value and its price as these two are different measures arrived at by different means. Investors typically determine if NWTN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NWTN'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.
NWTN '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 NWTN'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 NWTN.
| 12/31/2024 |
| 01/30/2025 |
If you would invest 0.00 in NWTN on December 31, 2024 and sell it all today you would earn a total of 0.00 from holding NWTN Class B or generate 0.0% return on investment in NWTN over 30 days. NWTN is related to or competes with Blue Bird, AYRO, Honda, Ferrari NV, Toyota, and Stellantis. NWTN is entity of United States. It is traded as Stock on NASDAQ exchange. More
NWTN 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 NWTN'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 NWTN Class B upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.2 | |||
| Information Ratio | 0.0618 | |||
| Maximum Drawdown | 92.76 | |||
| Value At Risk | (11.64) | |||
| Potential Upside | 24.29 |
NWTN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NWTN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NWTN's standard deviation. In reality, there are many statistical measures that can use NWTN historical prices to predict the future NWTN's volatility.| Risk Adjusted Performance | 0.0668 | |||
| Jensen Alpha | 0.5697 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.0859 | |||
| Treynor Ratio | 0.2191 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NWTN'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.
NWTN Class B Backtested Returns
As of now, NWTN Stock is out of control. NWTN Class B has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for NWTN, which you can use to evaluate the volatility of the firm. Please verify NWTN's Mean Deviation of 7.45, risk adjusted performance of 0.0668, and Market Risk Adjusted Performance of 0.2291 to check out if the risk estimate we provide is consistent with the expected return of 0.0658%. The company secures a Beta (Market Risk) of 3.95, 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, NWTN will likely underperform. NWTN Class B presently secures a risk of 10.57%. Please verify NWTN Class B total risk alpha, downside variance, as well as the relationship between the Downside Variance and rate of daily change , to decide if NWTN Class B will be following its current price movements.
Auto-correlation | 0.07 |
Virtually no predictability
NWTN Class B has virtually no predictability. Overlapping area represents the amount of predictability between NWTN time series from 31st of December 2024 to 15th of January 2025 and 15th of January 2025 to 30th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of NWTN Class B price movement. The serial correlation of 0.07 indicates that barely 7.0% of current NWTN price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
NWTN Class B lagged returns against current returns
Autocorrelation, which is NWTN 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 NWTN's stock expected returns. We can calculate the autocorrelation of NWTN returns to help us make a trade decision. For example, suppose you find that NWTN 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 |
NWTN 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 NWTN stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NWTN stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NWTN stock over time.
Current vs Lagged Prices |
| Timeline |
NWTN Lagged Returns
When evaluating NWTN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NWTN stock have on its future price. NWTN 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, NWTN autocorrelation shows the relationship between NWTN stock current value and its past values and can show if there is a momentum factor associated with investing in NWTN Class B.
Regressed Prices |
| Timeline |
When determining whether NWTN Class B offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NWTN's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nwtn Class B Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nwtn Class B Stock:
Check out NWTN Correlation, NWTN Volatility and NWTN Alpha and Beta module to complement your research on NWTN. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
NWTN 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.