Nucana Plc Stock Market Value
| NCNA Stock | USD 0.05 0.0004 0.75% |
| Symbol | NuCana |
Is Pharmaceutical Products 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 NuCana PLC. If investors know NuCana 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 NuCana PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of NuCana PLC is measured differently than its book value, which is the value of NuCana that is recorded on the company's balance sheet. Investors also form their own opinion of NuCana PLC's value that differs from its market value or its book value, called intrinsic value, which is NuCana PLC'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 NuCana PLC's market value can be influenced by many factors that don't directly affect NuCana PLC'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 NuCana PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if NuCana PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NuCana PLC'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.
NuCana PLC '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 NuCana PLC'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 NuCana PLC.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in NuCana PLC on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding NuCana PLC or generate 0.0% return on investment in NuCana PLC over 90 days. NuCana PLC is related to or competes with Cidara Therapeutics, Sonnet Biotherapeutics, Talphera, ProQR Therapeutics, and InflaRx NV. NuCana plc, a clinical-stage biopharmaceutical company, engages in the development of products for the treatment of canc... More
NuCana PLC 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 NuCana PLC'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 NuCana PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 22.45 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 205.8 | |||
| Value At Risk | (33.72) | |||
| Potential Upside | 54.34 |
NuCana PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NuCana PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NuCana PLC's standard deviation. In reality, there are many statistical measures that can use NuCana PLC historical prices to predict the future NuCana PLC's volatility.| Risk Adjusted Performance | 0.0146 | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (6.80) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0569 |
NuCana PLC Backtested Returns
At this point, NuCana PLC is out of control. NuCana PLC retains Efficiency (Sharpe Ratio) of close to zero, which conveys that the firm had a close to zero % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for NuCana PLC, which you can use to evaluate the volatility of the firm. Please verify NuCana PLC's Mean Deviation of 17.52, market risk adjusted performance of 0.0669, and Semi Deviation of 21.55 to check out if the risk estimate we provide is consistent with the expected return of 0.17%. The company owns a Beta (Systematic Risk) of 2.72, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, NuCana PLC will likely underperform. NuCana PLC right now owns a risk of 30.1%. Please verify NuCana PLC maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if NuCana PLC will be following its current price history.
Auto-correlation | 0.77 |
Good predictability
NuCana PLC has good predictability. Overlapping area represents the amount of predictability between NuCana PLC time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd 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 NuCana PLC price movement. The serial correlation of 0.77 indicates that around 77.0% of current NuCana PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
NuCana PLC lagged returns against current returns
Autocorrelation, which is NuCana PLC 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 NuCana PLC's stock expected returns. We can calculate the autocorrelation of NuCana PLC returns to help us make a trade decision. For example, suppose you find that NuCana PLC 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 |
NuCana PLC 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 NuCana PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NuCana PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NuCana PLC stock over time.
Current vs Lagged Prices |
| Timeline |
NuCana PLC Lagged Returns
When evaluating NuCana PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NuCana PLC stock have on its future price. NuCana PLC 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, NuCana PLC autocorrelation shows the relationship between NuCana PLC stock current value and its past values and can show if there is a momentum factor associated with investing in NuCana PLC.
Regressed Prices |
| Timeline |
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Check out NuCana PLC Correlation, NuCana PLC Volatility and NuCana PLC Alpha and Beta module to complement your research on NuCana PLC. For information on how to trade NuCana Stock refer to our How to Trade NuCana Stock guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
NuCana PLC 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.