Navios Maritime Partners Stock Market Value
| NMM Stock | USD 47.91 0.32 0.67% |
| Symbol | Navios |
Navios Maritime Partners Price To Book Ratio
Is Cargo Ground Transportation 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 Navios Maritime. If investors know Navios 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 Navios Maritime listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.092 | Dividend Share 0.2 | Earnings Share 13.17 | Revenue Per Share 43.275 | Quarterly Revenue Growth 0.055 |
The market value of Navios Maritime Partners is measured differently than its book value, which is the value of Navios that is recorded on the company's balance sheet. Investors also form their own opinion of Navios Maritime's value that differs from its market value or its book value, called intrinsic value, which is Navios Maritime'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 Navios Maritime's market value can be influenced by many factors that don't directly affect Navios Maritime'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 Navios Maritime's value and its price as these two are different measures arrived at by different means. Investors typically determine if Navios Maritime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Navios Maritime'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.
Navios Maritime '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 Navios Maritime'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 Navios Maritime.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Navios Maritime on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Navios Maritime Partners or generate 0.0% return on investment in Navios Maritime over 30 days. Navios Maritime is related to or competes with Global Ship, Costamare, Genco Shipping, Danaos, Euroseas, Ardmore Shpng, and EuroDry. Navios Maritime Partners L.P. owns and operates dry cargo vessels in Asia, Europe, North America, and Australia More
Navios Maritime 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 Navios Maritime'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 Navios Maritime Partners upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 12.91 | |||
| Value At Risk | (3.20) | |||
| Potential Upside | 4.85 |
Navios Maritime Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Navios Maritime's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Navios Maritime's standard deviation. In reality, there are many statistical measures that can use Navios Maritime historical prices to predict the future Navios Maritime's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (0.32) |
Navios Maritime Partners Backtested Returns
Navios Maritime Partners has Sharpe Ratio of -0.06, which conveys that the firm had a -0.06% return per unit of risk over the last 3 months. Navios Maritime exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Navios Maritime's Mean Deviation of 1.73, standard deviation of 2.45, and Risk Adjusted Performance of (0.03) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.4, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Navios Maritime's returns are expected to increase less than the market. However, during the bear market, the loss of holding Navios Maritime is expected to be smaller as well. At this point, Navios Maritime Partners has a negative expected return of -0.15%. Please make sure to verify Navios Maritime's value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Navios Maritime Partners performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.70 |
Good predictability
Navios Maritime Partners has good predictability. Overlapping area represents the amount of predictability between Navios Maritime time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Navios Maritime Partners price movement. The serial correlation of 0.7 indicates that around 70.0% of current Navios Maritime price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 4.17 |
Navios Maritime Partners lagged returns against current returns
Autocorrelation, which is Navios Maritime 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 Navios Maritime's stock expected returns. We can calculate the autocorrelation of Navios Maritime returns to help us make a trade decision. For example, suppose you find that Navios Maritime 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 |
Navios Maritime 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 Navios Maritime stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Navios Maritime stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Navios Maritime stock over time.
Current vs Lagged Prices |
| Timeline |
Navios Maritime Lagged Returns
When evaluating Navios Maritime's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Navios Maritime stock have on its future price. Navios Maritime 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, Navios Maritime autocorrelation shows the relationship between Navios Maritime stock current value and its past values and can show if there is a momentum factor associated with investing in Navios Maritime Partners.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Navios Maritime Correlation, Navios Maritime Volatility and Navios Maritime Alpha and Beta module to complement your research on Navios Maritime. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Navios Maritime 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.