Nw Tech Capital Stock Market Value
| NWTT Stock | USD 0.0001 0.00 0.00% |
| Symbol | NWTT |
Nw Tech '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 Nw Tech's pink sheet 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 Nw Tech.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Nw Tech on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Nw Tech Capital or generate 0.0% return on investment in Nw Tech over 720 days. Nw Tech is related to or competes with BCE, Advanced Info, Radcom, FingerMotion, Consolidated Communications, KORE Group, and Cogent Communications. NW Tech Capital, Inc., through its subsidiaries, offers mining and quarrying services More
Nw Tech 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 Nw Tech's pink sheet 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 Nw Tech Capital upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0783 | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (50.00) | |||
| Potential Upside | 100.0 |
Nw Tech Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nw Tech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nw Tech's standard deviation. In reality, there are many statistical measures that can use Nw Tech historical prices to predict the future Nw Tech's volatility.| Risk Adjusted Performance | 0.0724 | |||
| Jensen Alpha | 2.43 | |||
| Total Risk Alpha | (1.41) | |||
| Treynor Ratio | (4.05) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nw Tech'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.
Nw Tech Capital Backtested Returns
Nw Tech is out of control given 3 months investment horizon. Nw Tech Capital retains Efficiency (Sharpe Ratio) of 0.0821, which conveys that the firm had a 0.0821% return per unit of price deviation over the last 3 months. We were able to interpolate and analyze data for nineteen different technical indicators, which can help you to evaluate if expected returns of 2.38% are justified by taking the suggested risk. Use Nw Tech Capital Mean Deviation of 12.4, market risk adjusted performance of (4.04), and Information Ratio of 0.0783 to evaluate company specific risk that cannot be diversified away. Nw Tech holds a performance score of 6 on a scale of zero to a hundred. The company owns a Beta (Systematic Risk) of -0.59, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Nw Tech are expected to decrease at a much lower rate. During the bear market, Nw Tech is likely to outperform the market. Use Nw Tech Capital market risk adjusted performance, jensen alpha, as well as the relationship between the Jensen Alpha and rate of daily change , to analyze future returns on Nw Tech Capital.
Auto-correlation | 0.27 |
Poor predictability
Nw Tech Capital has poor predictability. Overlapping area represents the amount of predictability between Nw Tech time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Nw Tech Capital price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Nw Tech price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Nw Tech Capital lagged returns against current returns
Autocorrelation, which is Nw Tech pink sheet'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 Nw Tech's pink sheet expected returns. We can calculate the autocorrelation of Nw Tech returns to help us make a trade decision. For example, suppose you find that Nw Tech has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Nw Tech 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 Nw Tech pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nw Tech pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nw Tech pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Nw Tech Lagged Returns
When evaluating Nw Tech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nw Tech pink sheet have on its future price. Nw Tech 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, Nw Tech autocorrelation shows the relationship between Nw Tech pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Nw Tech Capital.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for NWTT Pink Sheet Analysis
When running Nw Tech's price analysis, check to measure Nw Tech'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 Nw Tech is operating at the current time. Most of Nw Tech's value examination focuses on studying past and present price action to predict the probability of Nw Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nw Tech's price. Additionally, you may evaluate how the addition of Nw Tech to your portfolios can decrease your overall portfolio volatility.