NetScout Stock Market Value

NTCT
 Stock
  

USD 37.75  0.15  0.40%   

NetScout Systems' market value is the price at which a share of NetScout Systems stock trades on a public exchange. It measures the collective expectations of NetScout Systems investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of NetScout Systems and determine expected loss or profit from investing in NetScout Systems over a given investment horizon. Additionally, see NetScout Systems Correlation, NetScout Systems Volatility and NetScout Systems Alpha and Beta module to complement your research on NetScout Systems.
Symbol


Is NetScout Systems' 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 NetScout Systems. If investors know NetScout 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 NetScout Systems 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 YOY
1.26
Market Capitalization
2.7 B
Quarterly Revenue Growth YOY
0.076
Return On Assets
0.0133
Return On Equity
0.0252
The market value of NetScout Systems is measured differently than its book value, which is the value of NetScout that is recorded on the company's balance sheet. Investors also form their own opinion of NetScout Systems' value that differs from its market value or its book value, called intrinsic value, which is NetScout Systems' 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 NetScout Systems' market value can be influenced by many factors that don't directly affect NetScout Systems' 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 NetScout Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine NetScout Systems value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetScout Systems' 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.

NetScout Systems '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 NetScout Systems' 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 NetScout Systems.
0.00
11/04/2022
No Change 0.00  0.0 
In 31 days
12/04/2022
0.00
If you would invest  0.00  in NetScout Systems on November 4, 2022 and sell it all today you would earn a total of 0.00 from holding NetScout Systems or generate 0.0% return on investment in NetScout Systems over 30 days. NetScout Systems is related to or competes with Apple, Airgain, Akoustis Technologies, AstroNova, Amphenol, Arlo Technologies, and Avid Technology. NetScout Systems, Inc. provides service assurance and cybersecurity solutions for protect digital business services agai... More

NetScout Systems 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 NetScout Systems' 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 NetScout Systems upside and downside potential and time the market with a certain degree of confidence.

NetScout Systems Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for NetScout Systems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NetScout Systems' standard deviation. In reality, there are many statistical measures that can use NetScout Systems historical prices to predict the future NetScout Systems' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of NetScout Systems' 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 NetScout Systems in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
36.2338.0739.91
Details
Intrinsic
Valuation
LowReal ValueHigh
37.0238.8640.70
Details
2 Analysts
Consensus
LowTarget PriceHigh
33.0035.0037.00
Details
Earnings
Estimates (2)
LowProjected EPSHigh
1.181.191.19
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as NetScout Systems. Your research has to be compared to or analyzed against NetScout Systems' peers to derive any actionable benefits. When done correctly, NetScout Systems' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in NetScout Systems.

NetScout Systems Backtested Returns

NetScout Systems appears to be very steady, given 3 months investment horizon. NetScout Systems has Sharpe Ratio of 0.21, which conveys that the firm had 0.21% of 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-eight technical indicators for NetScout Systems, which you can use to evaluate the future volatility of the firm. Please exercise NetScout Systems' Mean Deviation of 1.33, downside deviation of 1.47, and Risk Adjusted Performance of 0.2206 to check out if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, NetScout Systems holds a performance score of 15. The company secures a Beta (Market Risk) of 0.7576, which conveys possible diversification benefits within a given portfolio. Let's try to break down what NetScout's beta means in this case. As returns on the market increase, NetScout Systems returns are expected to increase less than the market. However, during the bear market, the loss on holding NetScout Systems will be expected to be smaller as well. Although it is vital to follow NetScout Systems price patterns, it is good to be conservative about what you can do with the information regarding equity historical price patterns. The philosophy towards estimating future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing NetScout Systems technical indicators, you can presently evaluate if the expected return of 0.38% will be sustainable into the future. Please exercises NetScout Systems potential upside, as well as the relationship between the kurtosis and day typical price to make a quick decision on whether NetScout Systems current price movements will revert.

Auto-correlation

    
  0.50  

Modest predictability

NetScout Systems has modest predictability. Overlapping area represents the amount of predictability between NetScout Systems time series from 4th of November 2022 to 19th of November 2022 and 19th of November 2022 to 4th of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of NetScout Systems price movement. The serial correlation of 0.5 indicates that about 50.0% of current NetScout Systems price fluctuation can be explain by its past prices.
Correlation Coefficient0.5
Spearman Rank Test0.8
Residual Average0.0
Price Variance0.13

NetScout Systems lagged returns against current returns

Autocorrelation, which is NetScout Systems 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 NetScout Systems' stock expected returns. We can calculate the autocorrelation of NetScout Systems returns to help us make a trade decision. For example, suppose you find that NetScout Systems 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   
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       Timeline  

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

NetScout Systems Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in NetScout Systems without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, see NetScout Systems Correlation, NetScout Systems Volatility and NetScout Systems Alpha and Beta module to complement your research on NetScout Systems. Note that the NetScout Systems information on this page should be used as a complementary analysis to other NetScout Systems' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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When running NetScout Systems price analysis, check to measure NetScout Systems' 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 NetScout Systems is operating at the current time. Most of NetScout Systems' value examination focuses on studying past and present price action to predict the probability of NetScout Systems' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move NetScout Systems' price. Additionally, you may evaluate how the addition of NetScout Systems to your portfolios can decrease your overall portfolio volatility.
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NetScout Systems 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 NetScout Systems technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of NetScout Systems 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...