Nkarta Inc Stock Market Value
| NKTX Stock | USD 1.91 0.09 4.50% |
| Symbol | Nkarta |
Nkarta Inc Price To Book Ratio
Is Biotechnology 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 Nkarta. If investors know Nkarta 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 Nkarta 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 Nkarta Inc is measured differently than its book value, which is the value of Nkarta that is recorded on the company's balance sheet. Investors also form their own opinion of Nkarta's value that differs from its market value or its book value, called intrinsic value, which is Nkarta'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 Nkarta's market value can be influenced by many factors that don't directly affect Nkarta'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 Nkarta's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nkarta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nkarta'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.
Nkarta '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 Nkarta'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 Nkarta.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Nkarta on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Nkarta Inc or generate 0.0% return on investment in Nkarta over 90 days. Nkarta is related to or competes with Century Therapeutics, Passage Bio, Q32 Bio, Generation Bio, Stoke Therapeutics, Pliant Therapeutics, and Akero Therapeutics. Nkarta, Inc., a a clinical-stage biopharmaceutical company, develops and commercializes cell therapies for cancer treatm... More
Nkarta 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 Nkarta'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 Nkarta Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.76 | |||
| Information Ratio | 0.029 | |||
| Maximum Drawdown | 28.02 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 6.78 |
Nkarta Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nkarta's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nkarta's standard deviation. In reality, there are many statistical measures that can use Nkarta historical prices to predict the future Nkarta's volatility.| Risk Adjusted Performance | 0.0648 | |||
| Jensen Alpha | 0.0579 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | 0.0341 | |||
| Treynor Ratio | 0.1684 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nkarta'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.
Nkarta Inc Backtested Returns
At this stage we consider Nkarta Stock to be relatively risky. Nkarta Inc has Sharpe Ratio of 0.0325, which conveys that the firm had a 0.0325 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Nkarta, which you can use to evaluate the volatility of the firm. Please verify Nkarta's Downside Deviation of 3.76, mean deviation of 3.24, and Risk Adjusted Performance of 0.0648 to check out if the risk estimate we provide is consistent with the expected return of 0.15%. Nkarta has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.54, 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, Nkarta will likely underperform. Nkarta Inc right now secures a risk of 4.49%. Please verify Nkarta Inc potential upside, and the relationship between the jensen alpha and accumulation distribution , to decide if Nkarta Inc will be following its current price movements.
Auto-correlation | 0.27 |
Poor predictability
Nkarta Inc has poor predictability. Overlapping area represents the amount of predictability between Nkarta time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th 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 Nkarta Inc price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Nkarta price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Nkarta Inc lagged returns against current returns
Autocorrelation, which is Nkarta 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 Nkarta's stock expected returns. We can calculate the autocorrelation of Nkarta returns to help us make a trade decision. For example, suppose you find that Nkarta 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 |
Nkarta 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 Nkarta stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nkarta stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nkarta stock over time.
Current vs Lagged Prices |
| Timeline |
Nkarta Lagged Returns
When evaluating Nkarta's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nkarta stock have on its future price. Nkarta 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, Nkarta autocorrelation shows the relationship between Nkarta stock current value and its past values and can show if there is a momentum factor associated with investing in Nkarta Inc.
Regressed Prices |
| Timeline |
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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.Additional Tools for Nkarta Stock Analysis
When running Nkarta's price analysis, check to measure Nkarta'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 Nkarta is operating at the current time. Most of Nkarta's value examination focuses on studying past and present price action to predict the probability of Nkarta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nkarta's price. Additionally, you may evaluate how the addition of Nkarta to your portfolios can decrease your overall portfolio volatility.