Netsol Technologies Stock Market Value
NTWK Stock | USD 2.77 0.02 0.72% |
Symbol | NetSol |
NetSol Technologies Price To Book Ratio
Is NetSol Technologies' 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 NetSol Technologies. If investors know NetSol 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 NetSol Technologies 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 (0.72) | Earnings Share (0.18) | Revenue Per Share 5.012 | Quarterly Revenue Growth 0.23 | Return On Assets (0.03) |
The market value of NetSol Technologies is measured differently than its book value, which is the value of NetSol that is recorded on the company's balance sheet. Investors also form their own opinion of NetSol Technologies' value that differs from its market value or its book value, called intrinsic value, which is NetSol Technologies' 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 NetSol Technologies' market value can be influenced by many factors that don't directly affect NetSol Technologies' 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 NetSol Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if NetSol Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetSol Technologies' 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.
NetSol Technologies '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 NetSol Technologies' 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 NetSol Technologies.
04/09/2022 |
| 03/29/2024 |
If you would invest 0.00 in NetSol Technologies on April 9, 2022 and sell it all today you would earn a total of 0.00 from holding NetSol Technologies or generate 0.0% return on investment in NetSol Technologies over 720 days. NetSol Technologies is related to or competes with Genworth Financial, Home Depot, Ufp Industries, and HP. NetSol Technologies, Inc. designs, develops, markets, and exports enterprise software solutions to the automobile financ... More
NetSol Technologies 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 NetSol Technologies' 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 NetSol Technologies upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 3.38 | |||
Information Ratio | 0.0816 | |||
Maximum Drawdown | 27.61 | |||
Value At Risk | (5.00) | |||
Potential Upside | 6.3 |
NetSol Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NetSol Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NetSol Technologies' standard deviation. In reality, there are many statistical measures that can use NetSol Technologies historical prices to predict the future NetSol Technologies' volatility.Risk Adjusted Performance | 0.0715 | |||
Jensen Alpha | 0.7862 | |||
Total Risk Alpha | (0.49) | |||
Sortino Ratio | 0.1033 | |||
Treynor Ratio | (0.19) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NetSol Technologies' 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.
NetSol Technologies Backtested Returns
NetSol Technologies appears to be very risky, given 3 months investment horizon. NetSol Technologies has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. By analyzing NetSol Technologies' technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please exercise NetSol Technologies' Downside Deviation of 3.38, risk adjusted performance of 0.0715, and Mean Deviation of 2.84 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, NetSol Technologies holds a performance score of 8. The company secures a Beta (Market Risk) of -2.49, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning NetSol Technologies are expected to decrease by larger amounts. On the other hand, during market turmoil, NetSol Technologies is expected to outperform it. Please check NetSol Technologies' potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether NetSol Technologies' current price movements will revert.
Auto-correlation | -0.22 |
Weak reverse predictability
NetSol Technologies has weak reverse predictability. Overlapping area represents the amount of predictability between NetSol Technologies time series from 9th of April 2022 to 4th of April 2023 and 4th of April 2023 to 29th 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 NetSol Technologies price movement. The serial correlation of -0.22 indicates that over 22.0% of current NetSol Technologies price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.22 | |
Spearman Rank Test | 0.06 | |
Residual Average | 0.0 | |
Price Variance | 0.08 |
NetSol Technologies lagged returns against current returns
Autocorrelation, which is NetSol Technologies 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 NetSol Technologies' stock expected returns. We can calculate the autocorrelation of NetSol Technologies returns to help us make a trade decision. For example, suppose you find that NetSol Technologies 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 |
NetSol Technologies 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 NetSol Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NetSol Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NetSol Technologies stock over time.
Current vs Lagged Prices |
Timeline |
NetSol Technologies Lagged Returns
When evaluating NetSol Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NetSol Technologies stock have on its future price. NetSol Technologies 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, NetSol Technologies autocorrelation shows the relationship between NetSol Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in NetSol Technologies.
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 NetSol Technologies 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, NetSol Technologies' short interest history, or implied volatility extrapolated from NetSol Technologies options trading.
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Complementary Tools for NetSol Stock analysis
When running NetSol Technologies' price analysis, check to measure NetSol Technologies' 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 NetSol Technologies is operating at the current time. Most of NetSol Technologies' value examination focuses on studying past and present price action to predict the probability of NetSol Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NetSol Technologies' price. Additionally, you may evaluate how the addition of NetSol Technologies to your portfolios can decrease your overall portfolio volatility.
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NetSol Technologies 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.