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 5.90 as of the 21st of July 2025. This is a 3.15% up since the beginning of the trading day. The stock's lowest day price was 5.9. 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
04/22/2025
No Change 0.00
0.0
In 3 months and 1 day
07/21/2025
0.00
If you would invest 0.00 in NORTH MEDIA on April 22, 2025 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 90 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 somewhat reliable, given 3 months investment horizon. NORTH MEDIA AS has Sharpe Ratio of 0.22, which conveys that the firm had a 0.22 % return per unit of standard deviation over the last 3 months. We have found twenty-seven 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 1.18, mean deviation of 1.43, and Risk Adjusted Performance of 0.1796 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 17. The company secures a Beta (Market Risk) of 0.31, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NORTH MEDIA's returns are expected to increase less than the market. However, during the bear market, the loss of holding NORTH MEDIA is expected to be smaller as well. Please check NORTH MEDIA's jensen alpha, sortino ratio, and 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
0.35
Below average predictability
NORTH MEDIA AS has below average predictability. Overlapping area represents the amount of predictability between NORTH MEDIA time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st 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 0.35 indicates that nearly 35.0% of current NORTH MEDIA price fluctuation can be explain by its past prices.
Correlation Coefficient
0.35
Spearman Rank Test
0.3
Residual Average
0.0
Price Variance
0.06
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.