Nocopi Technologies Stock Market Value
| NNUP Stock | USD 1.50 0.02 1.32% |
| Symbol | Nocopi |
Nocopi Technologies '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 Nocopi Technologies' otc 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 Nocopi Technologies.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Nocopi Technologies on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Nocopi Technologies or generate 0.0% return on investment in Nocopi Technologies over 90 days. Nocopi Technologies is related to or competes with Data Storage, H B, Greystone Logistics, Innospec, and Perimeter Solutions. Nocopi Technologies, Inc. develops and markets specialty reactive inks for applications in the educational and toy produ... More
Nocopi Technologies 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 Nocopi Technologies' otc 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 Nocopi Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.65 | |||
| Information Ratio | 0.0085 | |||
| Maximum Drawdown | 64.69 | |||
| Value At Risk | (5.03) | |||
| Potential Upside | 6.62 |
Nocopi Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nocopi Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nocopi Technologies' standard deviation. In reality, there are many statistical measures that can use Nocopi Technologies historical prices to predict the future Nocopi Technologies' volatility.| Risk Adjusted Performance | 0.0363 | |||
| Jensen Alpha | 0.1908 | |||
| Total Risk Alpha | (0.75) | |||
| Sortino Ratio | 0.0074 | |||
| Treynor Ratio | (7.50) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nocopi Technologies' 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.
Nocopi Technologies Backtested Returns
Nocopi Technologies appears to be extremely dangerous, given 3 months investment horizon. Nocopi Technologies has Sharpe Ratio of 0.0297, which conveys that the firm had a 0.0297 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nocopi Technologies, which you can use to evaluate the volatility of the firm. Please exercise Nocopi Technologies' Mean Deviation of 2.38, risk adjusted performance of 0.0363, and Downside Deviation of 7.65 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Nocopi Technologies holds a performance score of 2. The company secures a Beta (Market Risk) of -0.025, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nocopi Technologies are expected to decrease at a much lower rate. During the bear market, Nocopi Technologies is likely to outperform the market. Please check Nocopi Technologies' total risk alpha, as well as the relationship between the downside variance and rate of daily change , to make a quick decision on whether Nocopi Technologies' current price movements will revert.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Nocopi Technologies has insignificant reverse predictability. Overlapping area represents the amount of predictability between Nocopi Technologies 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 Nocopi Technologies price movement. The serial correlation of -0.18 indicates that over 18.0% of current Nocopi Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Nocopi Technologies lagged returns against current returns
Autocorrelation, which is Nocopi Technologies otc 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 Nocopi Technologies' otc stock expected returns. We can calculate the autocorrelation of Nocopi Technologies returns to help us make a trade decision. For example, suppose you find that Nocopi Technologies has exhibited high autocorrelation historically, and you observe that the otc 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 |
Nocopi Technologies 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 Nocopi Technologies otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nocopi Technologies otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nocopi Technologies otc stock over time.
Current vs Lagged Prices |
| Timeline |
Nocopi Technologies Lagged Returns
When evaluating Nocopi Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nocopi Technologies otc stock have on its future price. Nocopi Technologies 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, Nocopi Technologies autocorrelation shows the relationship between Nocopi Technologies otc stock current value and its past values and can show if there is a momentum factor associated with investing in Nocopi Technologies.
Regressed Prices |
| Timeline |
Pair Trading with Nocopi Technologies
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 Nocopi Technologies 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 Nocopi Technologies will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Nocopi Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nocopi Technologies 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 Nocopi Technologies - 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 Nocopi Technologies to buy it.
The correlation of Nocopi Technologies 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 Nocopi Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nocopi Technologies 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 Nocopi Technologies 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 Nocopi OTC Stock Analysis
When running Nocopi Technologies' price analysis, check to measure Nocopi Technologies' 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 Nocopi Technologies is operating at the current time. Most of Nocopi Technologies' value examination focuses on studying past and present price action to predict the probability of Nocopi Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nocopi Technologies' price. Additionally, you may evaluate how the addition of Nocopi Technologies to your portfolios can decrease your overall portfolio volatility.