Netcompany Group (Denmark) Market Value

NETC Stock  DKK 285.20  0.50  0.18%   
Netcompany Group's market value is the price at which a share of Netcompany Group stock trades on a public exchange. It measures the collective expectations of Netcompany Group AS investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Netcompany Group AS and determine expected loss or profit from investing in Netcompany Group over a given investment horizon.
Check out Netcompany Group Correlation, Netcompany Group Volatility and Netcompany Group Alpha and Beta module to complement your research on Netcompany Group.
Symbol

Please note, there is a significant difference between Netcompany Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Netcompany Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Netcompany Group'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.

Netcompany Group '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 Netcompany Group'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 Netcompany Group.
0.00
02/18/2024
No Change 0.00  0.0 
In 30 days
03/19/2024
0.00
If you would invest  0.00  in Netcompany Group on February 18, 2024 and sell it all today you would earn a total of 0.00 from holding Netcompany Group AS or generate 0.0% return on investment in Netcompany Group over 30 days. Netcompany Group is related to or competes with Fynske Bank, Kreditbanken, Laan Spar, Nordfyns Bank, North Media, and Alefarm Brewing. Netcompany Group AS, an IT services company, delivers business critical IT solutions to public and private sector custom... More

Netcompany Group 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 Netcompany Group'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 Netcompany Group AS upside and downside potential and time the market with a certain degree of confidence.

Netcompany Group Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Netcompany Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Netcompany Group's standard deviation. In reality, there are many statistical measures that can use Netcompany Group historical prices to predict the future Netcompany Group's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Netcompany Group'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. Please use the tools below to analyze the current value of Netcompany Group in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
283.05285.20287.35
Details
Intrinsic
Valuation
LowRealHigh
256.68325.59327.74
Details
Naive
Forecast
LowNextHigh
291.59293.74295.89
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
281.45285.22288.99
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Netcompany Group. Your research has to be compared to or analyzed against Netcompany Group's peers to derive any actionable benefits. When done correctly, Netcompany Group's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Netcompany Group.

Netcompany Group Backtested Returns

Netcompany Group appears to be very steady, given 3 months investment horizon. Netcompany Group has Sharpe Ratio of 0.2, which conveys that the firm had 0.2% return per unit of risk over the last 3 months. Our standpoint towards estimating the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-nine technical indicators for Netcompany Group, which you can use to evaluate the future volatility of the firm. Please exercise Netcompany Group's Mean Deviation of 1.48, risk adjusted performance of 0.1267, and Downside Deviation of 1.77 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Netcompany Group holds a performance score of 15. The company secures a Beta (Market Risk) of 0.82, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Netcompany Group returns are expected to increase less than the market. However, during the bear market, the loss on holding Netcompany Group will be expected to be smaller as well. Although it is vital to follow Netcompany Group price patterns, it is good to be conservative about what you can do with the information regarding equity historical price patterns. Please exercises Netcompany Group AS maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk to make a quick decision on whether Netcompany Group current price movements will revert.

Auto-correlation

    
  0.49  

Average predictability

Netcompany Group AS has average predictability. Overlapping area represents the amount of predictability between Netcompany Group time series from 18th of February 2024 to 4th of March 2024 and 4th of March 2024 to 19th of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Netcompany Group price movement. The serial correlation of 0.49 indicates that about 49.0% of current Netcompany Group price fluctuation can be explain by its past prices.
Correlation Coefficient0.49
Spearman Rank Test0.52
Residual Average0.0
Price Variance10.25

Netcompany Group lagged returns against current returns

Autocorrelation, which is Netcompany Group 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 Netcompany Group's stock expected returns. We can calculate the autocorrelation of Netcompany Group returns to help us make a trade decision. For example, suppose you find that Netcompany Group stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Netcompany Group 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 Netcompany Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Netcompany Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Netcompany Group stock over time.
   Current vs Lagged Prices   
       Timeline  

Netcompany Group Lagged Returns

When evaluating Netcompany Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Netcompany Group stock have on its future price. Netcompany Group 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, Netcompany Group autocorrelation shows the relationship between Netcompany Group stock current value and its past values and can show if there is a momentum factor associated with investing in Netcompany Group AS.
   Regressed Prices   
       Timeline  

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Netcompany Group Correlation, Netcompany Group Volatility and Netcompany Group Alpha and Beta module to complement your research on Netcompany Group.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Netcompany Stock analysis

When running Netcompany Group's price analysis, check to measure Netcompany Group'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 Netcompany Group is operating at the current time. Most of Netcompany Group's value examination focuses on studying past and present price action to predict the probability of Netcompany Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Netcompany Group's price. Additionally, you may evaluate how the addition of Netcompany Group to your portfolios can decrease your overall portfolio volatility.
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Money Managers
Screen money managers from public funds and ETFs managed around the world
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Netcompany Group 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.
A focus of Netcompany Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Netcompany Group trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...