Norman Broadbent (UK) Market Value
| NBB Stock | 3.25 0.50 13.33% |
| Symbol | Norman |
Norman Broadbent '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 Norman Broadbent'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 Norman Broadbent.
| 11/27/2024 |
| 12/27/2024 |
If you would invest 0.00 in Norman Broadbent on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding Norman Broadbent Plc or generate 0.0% return on investment in Norman Broadbent over 30 days. Norman Broadbent is related to or competes with Ross Stores, CNH Industrial, Gaztransport, Lindsell Train, JB Hunt, EVS Broadcast, and Bisichi Mining. Norman Broadbent is entity of United Kingdom More
Norman Broadbent 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 Norman Broadbent'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 Norman Broadbent Plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 22.33 | |||
| Value At Risk | (8.88) | |||
| Potential Upside | 4.87 |
Norman Broadbent Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Norman Broadbent's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Norman Broadbent's standard deviation. In reality, there are many statistical measures that can use Norman Broadbent historical prices to predict the future Norman Broadbent's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.77) | |||
| Total Risk Alpha | (1.01) | |||
| Treynor Ratio | 1.62 |
Norman Broadbent Plc Backtested Returns
Norman Broadbent Plc has Sharpe Ratio of -0.19, which conveys that the firm had a -0.19% return per unit of risk over the last 3 months. Norman Broadbent exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Norman Broadbent's Mean Deviation of 2.3, standard deviation of 4.01, and Risk Adjusted Performance of (0.15) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.49, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Norman Broadbent are expected to decrease at a much lower rate. During the bear market, Norman Broadbent is likely to outperform the market. At this point, Norman Broadbent Plc has a negative expected return of -0.78%. Please make sure to verify Norman Broadbent's daily balance of power, market facilitation index, and the relationship between the kurtosis and day median price , to decide if Norman Broadbent Plc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.09 |
Virtually no predictability
Norman Broadbent Plc has virtually no predictability. Overlapping area represents the amount of predictability between Norman Broadbent time series from 27th of November 2024 to 12th of December 2024 and 12th of December 2024 to 27th 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 Norman Broadbent Plc price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Norman Broadbent price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Norman Broadbent Plc lagged returns against current returns
Autocorrelation, which is Norman Broadbent 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 Norman Broadbent's stock expected returns. We can calculate the autocorrelation of Norman Broadbent returns to help us make a trade decision. For example, suppose you find that Norman Broadbent 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 |
Norman Broadbent 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 Norman Broadbent stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Norman Broadbent stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Norman Broadbent stock over time.
Current vs Lagged Prices |
| Timeline |
Norman Broadbent Lagged Returns
When evaluating Norman Broadbent's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Norman Broadbent stock have on its future price. Norman Broadbent 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, Norman Broadbent autocorrelation shows the relationship between Norman Broadbent stock current value and its past values and can show if there is a momentum factor associated with investing in Norman Broadbent Plc.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Norman Stock
Norman Broadbent financial ratios help investors to determine whether Norman Stock 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 Norman with respect to the benefits of owning Norman Broadbent security.