NetraMark Holdings' market value is the price at which a share of NetraMark Holdings trades on a public exchange. It measures the collective expectations of NetraMark Holdings investors about its performance. NetraMark Holdings is trading at 0.73 as of the 14th of December 2024. This is a 3.95% down since the beginning of the trading day. The stock's lowest day price was 0.73. With this module, you can estimate the performance of a buy and hold strategy of NetraMark Holdings and determine expected loss or profit from investing in NetraMark Holdings over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Symbol
NetraMark
NetraMark Holdings '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 NetraMark Holdings' 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 NetraMark Holdings.
0.00
11/14/2024
No Change 0.00
0.0
In 31 days
12/14/2024
0.00
If you would invest 0.00 in NetraMark Holdings on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding NetraMark Holdings or generate 0.0% return on investment in NetraMark Holdings over 30 days.
NetraMark Holdings 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 NetraMark Holdings' 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 NetraMark Holdings upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for NetraMark Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NetraMark Holdings' standard deviation. In reality, there are many statistical measures that can use NetraMark Holdings historical prices to predict the future NetraMark Holdings' volatility.
NetraMark Holdings is out of control given 3 months investment horizon. NetraMark Holdings has Sharpe Ratio of 0.31, which conveys that the firm had a 0.31% return per unit of risk over the last 3 months. We have collected data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 3.46% are justified by taking the suggested risk. Use NetraMark Holdings Mean Deviation of 7.9, downside deviation of 11.11, and Risk Adjusted Performance of 0.205 to evaluate company specific risk that cannot be diversified away. NetraMark Holdings holds a performance score of 24 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 0.64, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NetraMark Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding NetraMark Holdings is expected to be smaller as well. Use NetraMark Holdings maximum drawdown and the relationship between the semi variance and price action indicator , to analyze future returns on NetraMark Holdings.
Auto-correlation
0.74
Good predictability
NetraMark Holdings has good predictability. Overlapping area represents the amount of predictability between NetraMark Holdings time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 NetraMark Holdings price movement. The serial correlation of 0.74 indicates that around 74.0% of current NetraMark Holdings price fluctuation can be explain by its past prices.
Correlation Coefficient
0.74
Spearman Rank Test
0.64
Residual Average
0.0
Price Variance
0.01
NetraMark Holdings lagged returns against current returns
Autocorrelation, which is NetraMark Holdings 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 NetraMark Holdings' pink sheet expected returns. We can calculate the autocorrelation of NetraMark Holdings returns to help us make a trade decision. For example, suppose you find that NetraMark Holdings 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
NetraMark Holdings 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 NetraMark Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NetraMark Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NetraMark Holdings pink sheet over time.
Current vs Lagged Prices
Timeline
NetraMark Holdings Lagged Returns
When evaluating NetraMark Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NetraMark Holdings pink sheet have on its future price. NetraMark Holdings 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, NetraMark Holdings autocorrelation shows the relationship between NetraMark Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in NetraMark Holdings.