Northeast Development Corp Stock Market Value
| NHVP Stock | USD 0.0003 0.0002 200.00% |
| Symbol | Northeast |
Is Real Estate Management & Development 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 Northeast Development. If investors know Northeast 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 Northeast Development listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0) |
The market value of Northeast Development is measured differently than its book value, which is the value of Northeast that is recorded on the company's balance sheet. Investors also form their own opinion of Northeast Development's value that differs from its market value or its book value, called intrinsic value, which is Northeast Development'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 Northeast Development's market value can be influenced by many factors that don't directly affect Northeast Development'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 Northeast Development's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northeast Development is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northeast Development'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.
Northeast Development '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 Northeast Development'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 Northeast Development.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Northeast Development on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Northeast Development Corp or generate 0.0% return on investment in Northeast Development over 90 days. Northeast Development is related to or competes with Acumen Pharmaceuticals, Spyre Therapeutics, IAC, Logan Ridge, PennantPark Floating, Fidus Investment, and US Global. Northeast Development Corporation provides general contracting, construction management, and design-build services to pr... More
Northeast Development 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 Northeast Development'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 Northeast Development Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1174 |
Northeast Development Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northeast Development's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Northeast Development's standard deviation. In reality, there are many statistical measures that can use Northeast Development historical prices to predict the future Northeast Development's volatility.| Risk Adjusted Performance | 0.1246 | |||
| Jensen Alpha | 3.23 | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (1.86) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Northeast Development's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Northeast Development Backtested Returns
Northeast Development is out of control given 3 months investment horizon. Northeast Development has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13 % return per unit of risk over the last 3 months. We were able to interpolate and analyze data for eighteen different technical indicators, which can help you to evaluate if expected returns of 3.13% are justified by taking the suggested risk. Use Northeast Development Risk Adjusted Performance of 0.1246, mean deviation of 5.97, and Standard Deviation of 24.62 to evaluate company specific risk that cannot be diversified away. Northeast Development holds a performance score of 9 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -1.62, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Northeast Development are expected to decrease by larger amounts. On the other hand, during market turmoil, Northeast Development is expected to outperform it. Use Northeast Development skewness and price action indicator , to analyze future returns on Northeast Development.
Auto-correlation | 0.00 |
No correlation between past and present
Northeast Development Corp has no correlation between past and present. Overlapping area represents the amount of predictability between Northeast Development 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 Northeast Development price movement. The serial correlation of 0.0 indicates that just 0.0% of current Northeast Development price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Northeast Development lagged returns against current returns
Autocorrelation, which is Northeast Development 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 Northeast Development's stock expected returns. We can calculate the autocorrelation of Northeast Development returns to help us make a trade decision. For example, suppose you find that Northeast Development 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 |
Northeast Development 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 Northeast Development stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Northeast Development stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Northeast Development stock over time.
Current vs Lagged Prices |
| Timeline |
Northeast Development Lagged Returns
When evaluating Northeast Development's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Northeast Development stock have on its future price. Northeast Development 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, Northeast Development autocorrelation shows the relationship between Northeast Development stock current value and its past values and can show if there is a momentum factor associated with investing in Northeast Development Corp.
Regressed Prices |
| Timeline |
Pair Trading with Northeast Development
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Northeast Development position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Northeast Development will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Northeast Development could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Northeast Development when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Northeast Development - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Northeast Development Corp to buy it.
The correlation of Northeast Development is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Northeast Development moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northeast Development moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Northeast Development can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Northeast Stock Analysis
When running Northeast Development's price analysis, check to measure Northeast Development's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Northeast Development is operating at the current time. Most of Northeast Development's value examination focuses on studying past and present price action to predict the probability of Northeast Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northeast Development's price. Additionally, you may evaluate how the addition of Northeast Development to your portfolios can decrease your overall portfolio volatility.