Natcore OTC Stock Performance

NTCXF -  USA Stock  

USD 0.0011  0.00  0.00%

Natcore Technology holds a performance score of 9 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -20.3103, which conveys a somewhat significant risk relative to the market. Let's try to break down what Natcore's beta means in this case. As returns on the market increase, returns on owning Natcore Technology are expected to decrease by larger amounts. On the other hand, during market turmoil, Natcore Technology is expected to outperform it. Although it is essential to pay attention to Natcore Technology price patterns, it is also good to be reasonable about what you can do with equity historical price patterns. Our philosophy towards estimating future potential of any stock is to look not only at its past charts but also at the business as a whole, including all available fundamental and technical indicators. To evaluate if Natcore Technology expected return of 6.55 will be sustainable into the future, we have found twenty-one different technical indicators, which can help you to check if the expected returns are sustainable. Use Natcore Technology information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to analyze future returns on Natcore Technology.

Natcore O TC Stock Performance 

 
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 Natcore Performance
9 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Natcore Technology are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile basic indicators, Natcore Technology exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more

Natcore Price Channel

Quick Ratio0.14
Fifty Two Week Low0.0010
Fifty Two Week High0.0700

Natcore Technology Relative Risk vs. Return Landscape

If you would invest  1.18  in Natcore Technology on July 27, 2021 and sell it today you would lose (1.07)  from holding Natcore Technology or give up 90.68% of portfolio value over 90 days. Natcore Technology is currently producing 6.5465% returns and takes up 51.4319% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Natcore, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Natcore Technology is expected to generate 72.21 times more return on investment than the market. However, the company is 72.21 times more volatile than its market benchmark. It trades about 0.13 of its potential returns per unit of risk. The DOW is currently generating roughly 0.04 per unit of risk.

Natcore Technology Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Natcore Technology's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Natcore Technology, and traders can use it to determine the average amount a Natcore Technology's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1273

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Estimated Market Risk
 51.43
  actual daily
 
 96 %
of total potential
 
9696
Expected Return
 5.28
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 96 %
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9696
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 0.13
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 9 %
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99
Based on monthly moving average Natcore Technology is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Natcore Technology by adding it to a well-diversified portfolio.

About Natcore Technology Performance

To evaluate Natcore Technology OTC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Natcore Technology generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Natcore OTC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Natcore Technology stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Natcore's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Natcore Technology Inc., a research and development company, develops and owns technology for the manufacturing of solar cells. Natcore Technology Inc. was founded in 2007 and is headquartered in Delray Beach, Florida. Natcore Technology operates under Solar classification in the United States and is traded on OTC Exchange.

Things to note about Natcore Technology

Checking the ongoing alerts about Natcore Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Natcore Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Natcore Technology Alerts

Equity Alerts and Improvement Suggestions

Natcore Technology is way too risky over 90 days horizon
Natcore Technology has some characteristics of a very speculative penny stock
Natcore Technology appears to be risky and price may revert if volatility continues
Natcore Technology has a very high chance of going through financial distress in the upcoming years
The company has a current ratio of 0.14, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
Net Loss for the year was (1.17 M) with profit before overhead, payroll, taxes, and interest of 0.
Natcore Technology has accumulated about 449.35 K in cash with (850.16 K) of positive cash flow from operations.
Additionally, see Stocks Correlation. Note that the Natcore Technology information on this page should be used as a complementary analysis to other Natcore Technology's 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running Natcore Technology price analysis, check to measure Natcore Technology'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 Natcore Technology is operating at the current time. Most of Natcore Technology's value examination focuses on studying past and present price action to predict the probability of Natcore Technology's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Natcore Technology's price. Additionally, you may evaluate how the addition of Natcore Technology to your portfolios can decrease your overall portfolio volatility.
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Is Natcore Technology'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 Natcore Technology. If investors know Natcore 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 Natcore Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Natcore Technology is measured differently than its book value, which is the value of Natcore that is recorded on the company's balance sheet. Investors also form their own opinion of Natcore Technology's value that differs from its market value or its book value, called intrinsic value, which is Natcore Technology'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 Natcore Technology's market value can be influenced by many factors that don't directly affect Natcore Technology'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 Natcore Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine Natcore Technology value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Natcore Technology'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.