National Beverage (UK) Market Value
| 0K50 Stock | 46.76 0.35 0.74% |
| Symbol | National |
National Beverage '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 National Beverage'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 National Beverage.
| 11/17/2024 |
| 12/17/2024 |
If you would invest 0.00 in National Beverage on November 17, 2024 and sell it all today you would earn a total of 0.00 from holding National Beverage Corp or generate 0.0% return on investment in National Beverage over 30 days. National Beverage is related to or competes with Air Products, METALL ZUG, Medical Properties, GreenX Metals, Futura Medical, and JD Sports. National Beverage is entity of United Kingdom More
National Beverage 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 National Beverage'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 National Beverage Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.8 | |||
| Information Ratio | 0.0111 | |||
| Maximum Drawdown | 11.74 | |||
| Value At Risk | (2.04) | |||
| Potential Upside | 3.37 |
National Beverage Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for National Beverage's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as National Beverage's standard deviation. In reality, there are many statistical measures that can use National Beverage historical prices to predict the future National Beverage's volatility.| Risk Adjusted Performance | 0.0524 | |||
| Jensen Alpha | 0.066 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0097 | |||
| Treynor Ratio | 0.2608 |
National Beverage Corp Backtested Returns
Currently, National Beverage Corp is very steady. National Beverage Corp has Sharpe Ratio of 0.0311, which conveys that the firm had a 0.0311% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for National Beverage, which you can use to evaluate the volatility of the firm. Please verify National Beverage's Mean Deviation of 0.9593, risk adjusted performance of 0.0524, and Downside Deviation of 1.8 to check out if the risk estimate we provide is consistent with the expected return of 0.0479%. National Beverage has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.36, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, National Beverage's returns are expected to increase less than the market. However, during the bear market, the loss of holding National Beverage is expected to be smaller as well. National Beverage Corp right now secures a risk of 1.54%. Please verify National Beverage Corp information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if National Beverage Corp will be following its current price movements.
Auto-correlation | -0.7 |
Very good reverse predictability
National Beverage Corp has very good reverse predictability. Overlapping area represents the amount of predictability between National Beverage time series from 17th of November 2024 to 2nd of December 2024 and 2nd of December 2024 to 17th of December 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 National Beverage Corp price movement. The serial correlation of -0.7 indicates that around 70.0% of current National Beverage price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 1.51 |
National Beverage Corp lagged returns against current returns
Autocorrelation, which is National Beverage 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 National Beverage's stock expected returns. We can calculate the autocorrelation of National Beverage returns to help us make a trade decision. For example, suppose you find that National Beverage 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 |
National Beverage 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 National Beverage stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if National Beverage stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in National Beverage stock over time.
Current vs Lagged Prices |
| Timeline |
National Beverage Lagged Returns
When evaluating National Beverage's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of National Beverage stock have on its future price. National Beverage 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, National Beverage autocorrelation shows the relationship between National Beverage stock current value and its past values and can show if there is a momentum factor associated with investing in National Beverage Corp.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for National Stock Analysis
When running National Beverage's price analysis, check to measure National Beverage'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 National Beverage is operating at the current time. Most of National Beverage's value examination focuses on studying past and present price action to predict the probability of National Beverage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Beverage's price. Additionally, you may evaluate how the addition of National Beverage to your portfolios can decrease your overall portfolio volatility.