New Mountain Finance Stock Market Value
| NMFC Stock | USD 12.72 0.02 0.16% |
| Symbol | New |
New Mountain Finance Price To Book Ratio
Is New Mountain's industry 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 New Mountain. If investors know New 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 New Mountain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.758 | Dividend Share 1.28 | Earnings Share 1.24 | Revenue Per Share 3.707 | Quarterly Revenue Growth 0.255 |
The market value of New Mountain Finance is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Mountain's value that differs from its market value or its book value, called intrinsic value, which is New Mountain'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 New Mountain's market value can be influenced by many factors that don't directly affect New Mountain'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 New Mountain's value and its price as these two are different measures arrived at by different means. Investors typically determine if New Mountain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Mountain'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.
New Mountain '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 New Mountain'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 New Mountain.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in New Mountain on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding New Mountain Finance or generate 0.0% return on investment in New Mountain over 30 days. New Mountain is related to or competes with BlackRock TCP, Carlyle Secured, Sixth Street, WhiteHorse Finance, Fidus Investment, Golub Capital, and Triplepoint Venture. New Mountain Finance Corporation , a business development company is a private equity buyouts and loan fund specializes ... More
New Mountain 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 New Mountain'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 New Mountain Finance upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7107 | |||
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 3.86 | |||
| Value At Risk | (1.19) | |||
| Potential Upside | 1.13 |
New Mountain Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for New Mountain's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as New Mountain's standard deviation. In reality, there are many statistical measures that can use New Mountain historical prices to predict the future New Mountain's volatility.| Risk Adjusted Performance | 0.0213 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | 0.022 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of New Mountain'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.
New Mountain Finance Backtested Returns
We consider New Mountain very steady. New Mountain Finance has Sharpe Ratio of 0.007, which conveys that the firm had a 0.007% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for New Mountain, which you can use to evaluate the volatility of the firm. Please verify New Mountain's Risk Adjusted Performance of 0.0213, downside deviation of 0.7107, and Mean Deviation of 0.5526 to check out if the risk estimate we provide is consistent with the expected return of 0.005%. The company secures a Beta (Market Risk) of 0.59, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, New Mountain's returns are expected to increase less than the market. However, during the bear market, the loss of holding New Mountain is expected to be smaller as well. New Mountain Finance right now secures a risk of 0.72%. Please verify New Mountain Finance value at risk, kurtosis, price action indicator, as well as the relationship between the semi variance and rate of daily change , to decide if New Mountain Finance will be following its current price movements.
Auto-correlation | -0.27 |
Weak reverse predictability
New Mountain Finance has weak reverse predictability. Overlapping area represents the amount of predictability between New Mountain time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th 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 New Mountain Finance price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current New Mountain 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 |
New Mountain Finance lagged returns against current returns
Autocorrelation, which is New Mountain 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 New Mountain's stock expected returns. We can calculate the autocorrelation of New Mountain returns to help us make a trade decision. For example, suppose you find that New Mountain 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 |
New Mountain 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 New Mountain stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if New Mountain stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in New Mountain stock over time.
Current vs Lagged Prices |
| Timeline |
New Mountain Lagged Returns
When evaluating New Mountain's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of New Mountain stock have on its future price. New Mountain 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, New Mountain autocorrelation shows the relationship between New Mountain stock current value and its past values and can show if there is a momentum factor associated with investing in New Mountain Finance.
Regressed Prices |
| Timeline |
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When running New Mountain's price analysis, check to measure New Mountain'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 New Mountain is operating at the current time. Most of New Mountain's value examination focuses on studying past and present price action to predict the probability of New Mountain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Mountain's price. Additionally, you may evaluate how the addition of New Mountain to your portfolios can decrease your overall portfolio volatility.
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New Mountain 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.