NORTH MEDIA's market value is the price at which a share of NORTH MEDIA trades on a public exchange. It measures the collective expectations of NORTH MEDIA AS investors about its performance. NORTH MEDIA is trading at 5.16 as of the 6th of July 2025. This is a 0.78% up since the beginning of the trading day. The stock's lowest day price was 5.16. With this module, you can estimate the performance of a buy and hold strategy of NORTH MEDIA AS and determine expected loss or profit from investing in NORTH MEDIA 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 board of governors.
Symbol
NORTH
NORTH MEDIA '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 NORTH MEDIA'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 NORTH MEDIA.
0.00
07/17/2023
No Change 0.00
0.0
In 1 year 11 months and 21 days
07/06/2025
0.00
If you would invest 0.00 in NORTH MEDIA on July 17, 2023 and sell it all today you would earn a total of 0.00 from holding NORTH MEDIA AS or generate 0.0% return on investment in NORTH MEDIA over 720 days.
NORTH MEDIA 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 NORTH MEDIA'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 NORTH MEDIA AS 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 NORTH MEDIA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NORTH MEDIA's standard deviation. In reality, there are many statistical measures that can use NORTH MEDIA historical prices to predict the future NORTH MEDIA's volatility.
NORTH MEDIA appears to be slightly risky, given 3 months investment horizon. NORTH MEDIA AS has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14 % return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for NORTH MEDIA, which you can use to evaluate the volatility of the firm. Please exercise NORTH MEDIA's Market Risk Adjusted Performance of (1.33), risk adjusted performance of 0.2347, and Mean Deviation of 1.58 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, NORTH MEDIA holds a performance score of 11. The company secures a Beta (Market Risk) of -0.23, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NORTH MEDIA are expected to decrease at a much lower rate. During the bear market, NORTH MEDIA is likely to outperform the market. Please check NORTH MEDIA's coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to make a quick decision on whether NORTH MEDIA's current price movements will revert.
Auto-correlation
-0.74
Almost perfect reverse predictability
NORTH MEDIA AS has almost perfect reverse predictability. Overlapping area represents the amount of predictability between NORTH MEDIA time series from 17th of July 2023 to 11th of July 2024 and 11th of July 2024 to 6th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of NORTH MEDIA AS price movement. The serial correlation of -0.74 indicates that around 74.0% of current NORTH MEDIA price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.74
Spearman Rank Test
-0.74
Residual Average
0.0
Price Variance
1.05
NORTH MEDIA AS lagged returns against current returns
Autocorrelation, which is NORTH MEDIA 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 NORTH MEDIA's stock expected returns. We can calculate the autocorrelation of NORTH MEDIA returns to help us make a trade decision. For example, suppose you find that NORTH MEDIA 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
NORTH MEDIA 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 NORTH MEDIA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NORTH MEDIA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NORTH MEDIA stock over time.
Current vs Lagged Prices
Timeline
NORTH MEDIA Lagged Returns
When evaluating NORTH MEDIA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NORTH MEDIA stock have on its future price. NORTH MEDIA 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, NORTH MEDIA autocorrelation shows the relationship between NORTH MEDIA stock current value and its past values and can show if there is a momentum factor associated with investing in NORTH MEDIA AS.