Netclass Technology Inc Stock Market Value
| NTCL Stock | 1.50 0.07 4.90% |
| Symbol | NETCLASS |
NETCLASS TECHNOLOGY INC Price To Book Ratio
Is Diversified Consumer Services 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 NETCLASS TECHNOLOGY. If investors know NETCLASS 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 NETCLASS TECHNOLOGY 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 NETCLASS TECHNOLOGY INC is measured differently than its book value, which is the value of NETCLASS that is recorded on the company's balance sheet. Investors also form their own opinion of NETCLASS TECHNOLOGY's value that differs from its market value or its book value, called intrinsic value, which is NETCLASS TECHNOLOGY'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 NETCLASS TECHNOLOGY's market value can be influenced by many factors that don't directly affect NETCLASS TECHNOLOGY'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 NETCLASS TECHNOLOGY's value and its price as these two are different measures arrived at by different means. Investors typically determine if NETCLASS TECHNOLOGY is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NETCLASS TECHNOLOGY'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.
NETCLASS TECHNOLOGY '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 NETCLASS TECHNOLOGY'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 NETCLASS TECHNOLOGY.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in NETCLASS TECHNOLOGY on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding NETCLASS TECHNOLOGY INC or generate 0.0% return on investment in NETCLASS TECHNOLOGY over 90 days. NETCLASS TECHNOLOGY is related to or competes with Alvotech, SunLink Health, Acumen Pharmaceuticals, Apogee Therapeutics,, Olympic Steel, National Vision, and LB Foster. NETCLASS TECHNOLOGY is entity of United States More
NETCLASS TECHNOLOGY 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 NETCLASS TECHNOLOGY'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 NETCLASS TECHNOLOGY INC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 203.66 | |||
| Value At Risk | (28.17) | |||
| Potential Upside | 10.46 |
NETCLASS TECHNOLOGY Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NETCLASS TECHNOLOGY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NETCLASS TECHNOLOGY's standard deviation. In reality, there are many statistical measures that can use NETCLASS TECHNOLOGY historical prices to predict the future NETCLASS TECHNOLOGY's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.91) | |||
| Total Risk Alpha | (4.36) | |||
| Treynor Ratio | 0.7491 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NETCLASS TECHNOLOGY'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.
NETCLASS TECHNOLOGY INC Backtested Returns
NETCLASS TECHNOLOGY INC has Sharpe Ratio of -0.0548, which conveys that the firm had a -0.0548 % return per unit of standard deviation over the last 3 months. NETCLASS TECHNOLOGY exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NETCLASS TECHNOLOGY's Risk Adjusted Performance of (0.03), market risk adjusted performance of 0.7591, and Mean Deviation of 9.96 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -1.47, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning NETCLASS TECHNOLOGY are expected to decrease by larger amounts. On the other hand, during market turmoil, NETCLASS TECHNOLOGY is expected to outperform it. At this point, NETCLASS TECHNOLOGY INC has a negative expected return of -1.31%. Please make sure to verify NETCLASS TECHNOLOGY's maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if NETCLASS TECHNOLOGY INC performance from the past will be repeated at future time.
Auto-correlation | 0.16 |
Very weak predictability
NETCLASS TECHNOLOGY INC has very weak predictability. Overlapping area represents the amount of predictability between NETCLASS TECHNOLOGY 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 NETCLASS TECHNOLOGY INC price movement. The serial correlation of 0.16 indicates that over 16.0% of current NETCLASS TECHNOLOGY price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
NETCLASS TECHNOLOGY INC lagged returns against current returns
Autocorrelation, which is NETCLASS TECHNOLOGY 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 NETCLASS TECHNOLOGY's stock expected returns. We can calculate the autocorrelation of NETCLASS TECHNOLOGY returns to help us make a trade decision. For example, suppose you find that NETCLASS TECHNOLOGY 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 |
NETCLASS TECHNOLOGY 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 NETCLASS TECHNOLOGY stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NETCLASS TECHNOLOGY stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NETCLASS TECHNOLOGY stock over time.
Current vs Lagged Prices |
| Timeline |
NETCLASS TECHNOLOGY Lagged Returns
When evaluating NETCLASS TECHNOLOGY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NETCLASS TECHNOLOGY stock have on its future price. NETCLASS TECHNOLOGY 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, NETCLASS TECHNOLOGY autocorrelation shows the relationship between NETCLASS TECHNOLOGY stock current value and its past values and can show if there is a momentum factor associated with investing in NETCLASS TECHNOLOGY INC.
Regressed Prices |
| Timeline |
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NETCLASS TECHNOLOGY 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.