Norvista Capital Stock Market Value
| XTERF Stock | USD 0 0.00 0.00% |
| Symbol | Norvista |
Norvista Capital '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 Norvista Capital'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 Norvista Capital.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Norvista Capital on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Norvista Capital or generate 0.0% return on investment in Norvista Capital over 720 days. Norvista Capital is related to or competes with Pilbara Minerals, Patriot Battery, Piedmont Lithium, Sigma Lithium, Standard Lithium, MP Materials, and Vale SA. Olive Resource Capital Inc. operates as a resource-focused merchant bank and investment company More
Norvista Capital 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 Norvista Capital'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 Norvista Capital upside and downside potential and time the market with a certain degree of confidence.
Norvista Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Norvista Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Norvista Capital's standard deviation. In reality, there are many statistical measures that can use Norvista Capital historical prices to predict the future Norvista Capital's volatility.Norvista Capital Backtested Returns
We have found three technical indicators for Norvista Capital, which you can use to evaluate the volatility of the firm. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Norvista Capital are completely uncorrelated.
Auto-correlation | -0.26 |
Weak reverse predictability
Norvista Capital has weak reverse predictability. Overlapping area represents the amount of predictability between Norvista Capital time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd of December 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 Norvista Capital price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Norvista Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Norvista Capital lagged returns against current returns
Autocorrelation, which is Norvista Capital 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 Norvista Capital's pink sheet expected returns. We can calculate the autocorrelation of Norvista Capital returns to help us make a trade decision. For example, suppose you find that Norvista Capital 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 |
Norvista Capital 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 Norvista Capital pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Norvista Capital pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Norvista Capital pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Norvista Capital Lagged Returns
When evaluating Norvista Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Norvista Capital pink sheet have on its future price. Norvista Capital 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, Norvista Capital autocorrelation shows the relationship between Norvista Capital pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Norvista Capital.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Norvista Pink Sheet
Norvista Capital financial ratios help investors to determine whether Norvista Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Norvista with respect to the benefits of owning Norvista Capital security.