Ncr Corp Pref Stock Market Value
NCRRP Stock | USD 1,171 0.00 0.00% |
Symbol | NCR |
NCR Corp '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 NCR Corp's pink sheet 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 NCR Corp.
03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in NCR Corp on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding NCR Corp Pref or generate 0.0% return on investment in NCR Corp over 30 days. NCR Corp is related to or competes with ASGN, ExlService Holdings, CACI International, CLARIVATE PLC, EPAM Systems, and Globant SA. NCR Corporation provides omni-channel technology solutions for businesses to connect, interact, and transact with their ... More
NCR Corp 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 NCR Corp's pink sheet 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 NCR Corp Pref upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.33) | |||
Maximum Drawdown | 1.19 |
NCR Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NCR Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NCR Corp's standard deviation. In reality, there are many statistical measures that can use NCR Corp historical prices to predict the future NCR Corp's volatility.Risk Adjusted Performance | (0.02) | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.03) | |||
Treynor Ratio | (0.41) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NCR Corp'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.
NCR Corp Pref Backtested Returns
We consider NCR Corp very steady. NCR Corp Pref has Sharpe Ratio of 0.001, which conveys that the company had a 0.001% return per unit of standard deviation over the last 3 months. We have found sixteen technical indicators for NCR Corp, which you can use to evaluate the volatility of the entity. Please verify NCR Corp's mean deviation of 0.036, and Standard Deviation of 0.2072 to check out if the risk estimate we provide is consistent with the expected return of 2.0E-4%. The firm secures a Beta (Market Risk) of 0.0237, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NCR Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding NCR Corp is expected to be smaller as well. NCR Corp Pref currently secures a risk of 0.21%. Please verify NCR Corp Pref risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis , to decide if NCR Corp Pref will be following its current price movements.
Auto-correlation | 0.00 |
No correlation between past and present
NCR Corp Pref has no correlation between past and present. Overlapping area represents the amount of predictability between NCR Corp time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 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 NCR Corp Pref price movement. The serial correlation of 0.0 indicates that just 0.0% of current NCR Corp 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 |
NCR Corp Pref lagged returns against current returns
Autocorrelation, which is NCR Corp pink sheet'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 NCR Corp's pink sheet expected returns. We can calculate the autocorrelation of NCR Corp returns to help us make a trade decision. For example, suppose you find that NCR Corp has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
NCR Corp 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 NCR Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NCR Corp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NCR Corp pink sheet over time.
Current vs Lagged Prices |
Timeline |
NCR Corp Lagged Returns
When evaluating NCR Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NCR Corp pink sheet have on its future price. NCR Corp 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, NCR Corp autocorrelation shows the relationship between NCR Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in NCR Corp Pref.
Regressed Prices |
Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards NCR Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, NCR Corp's short interest history, or implied volatility extrapolated from NCR Corp options trading.
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Complementary Tools for NCR Pink Sheet analysis
When running NCR Corp's price analysis, check to measure NCR Corp'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 NCR Corp is operating at the current time. Most of NCR Corp's value examination focuses on studying past and present price action to predict the probability of NCR Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NCR Corp's price. Additionally, you may evaluate how the addition of NCR Corp to your portfolios can decrease your overall portfolio volatility.
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NCR Corp technical pink sheet 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, pink sheet market cycles, or different charting patterns.