Nationstar Mortgage 55 Market Value
| 63861CAC3 | 95.50 2.53 2.58% |
| Symbol | Nationstar |
Nationstar '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 Nationstar's bond 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 Nationstar.
| 08/31/2024 |
| 11/29/2024 |
If you would invest 0.00 in Nationstar on August 31, 2024 and sell it all today you would earn a total of 0.00 from holding Nationstar Mortgage 55 or generate 0.0% return on investment in Nationstar over 90 days. Nationstar is related to or competes with TFI International, 51Talk Online, Afya, Old Dominion, Cumulus Media, Udemy, and Yuexiu Transport. More
Nationstar 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 Nationstar's bond 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 Nationstar Mortgage 55 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.43) | |||
| Maximum Drawdown | 1.22 | |||
| Value At Risk | (0.50) | |||
| Potential Upside | 0.3373 |
Nationstar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nationstar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nationstar's standard deviation. In reality, there are many statistical measures that can use Nationstar historical prices to predict the future Nationstar's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.34) |
Nationstar Mortgage Backtested Returns
Nationstar Mortgage has Sharpe Ratio of -0.13, which conveys that the entity had a -0.13% return per unit of risk over the last 3 months. Nationstar exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nationstar's Mean Deviation of 0.2286, standard deviation of 0.4114, and Risk Adjusted Performance of (0.10) to check out the risk estimate we provide. The bond secures a Beta (Market Risk) of 0.18, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nationstar's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nationstar is expected to be smaller as well.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Nationstar Mortgage 55 has insignificant reverse predictability. Overlapping area represents the amount of predictability between Nationstar time series from 31st of August 2024 to 15th of October 2024 and 15th of October 2024 to 29th 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 Nationstar Mortgage price movement. The serial correlation of -0.17 indicates that over 17.0% of current Nationstar price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Nationstar Mortgage lagged returns against current returns
Autocorrelation, which is Nationstar bond'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 Nationstar's bond expected returns. We can calculate the autocorrelation of Nationstar returns to help us make a trade decision. For example, suppose you find that Nationstar has exhibited high autocorrelation historically, and you observe that the bond 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 |
Nationstar 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 Nationstar bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nationstar bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nationstar bond over time.
Current vs Lagged Prices |
| Timeline |
Nationstar Lagged Returns
When evaluating Nationstar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nationstar bond have on its future price. Nationstar 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, Nationstar autocorrelation shows the relationship between Nationstar bond current value and its past values and can show if there is a momentum factor associated with investing in Nationstar Mortgage 55.
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 Nationstar Bond
Nationstar financial ratios help investors to determine whether Nationstar Bond 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 Nationstar with respect to the benefits of owning Nationstar security.