Nutanix Stock Market Value
| NTNX Stock | USD 65.28 1.42 2.13% |
| Symbol | Nutanix |
Nutanix Price To Book Ratio
Is Application Software space 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 Nutanix. If investors know Nutanix 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 Nutanix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.34) | Revenue Per Share 8.78 | Quarterly Revenue Growth 0.109 | Return On Assets 0.0069 |
The market value of Nutanix is measured differently than its book value, which is the value of Nutanix that is recorded on the company's balance sheet. Investors also form their own opinion of Nutanix's value that differs from its market value or its book value, called intrinsic value, which is Nutanix'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 Nutanix's market value can be influenced by many factors that don't directly affect Nutanix'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 Nutanix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nutanix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nutanix'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.
Nutanix '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 Nutanix'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 Nutanix.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Nutanix on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Nutanix or generate 0.0% return on investment in Nutanix over 30 days. Nutanix is related to or competes with Thrivent High, Morningstar Unconstrained, Via Renewables, T Rowe, Knife River, Sitka Gold, and SEI Investments. Nutanix, Inc. provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin A... More
Nutanix 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 Nutanix'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 Nutanix upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.33 | |||
| Information Ratio | 0.0805 | |||
| Maximum Drawdown | 25.02 | |||
| Value At Risk | (3.15) | |||
| Potential Upside | 3.95 |
Nutanix Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nutanix's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nutanix's standard deviation. In reality, there are many statistical measures that can use Nutanix historical prices to predict the future Nutanix's volatility.| Risk Adjusted Performance | 0.0981 | |||
| Jensen Alpha | 0.2 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.1156 | |||
| Treynor Ratio | 0.24 |
Nutanix Backtested Returns
At this stage we consider Nutanix Stock to be very steady. Nutanix has Sharpe Ratio of 0.0484, which conveys that the firm had a 0.0484% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nutanix, which you can use to evaluate the volatility of the firm. Please verify Nutanix's Downside Deviation of 2.33, risk adjusted performance of 0.0981, and Mean Deviation of 1.98 to check out if the risk estimate we provide is consistent with the expected return of 0.11%. Nutanix has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.6, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nutanix will likely underperform. Nutanix right now secures a risk of 2.27%. Please verify Nutanix downside variance, as well as the relationship between the daily balance of power and relative strength index , to decide if Nutanix will be following its current price movements.
Auto-correlation | -0.04 |
Very weak reverse predictability
Nutanix has very weak reverse predictability. Overlapping area represents the amount of predictability between Nutanix time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Nutanix price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Nutanix price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 6.05 |
Nutanix lagged returns against current returns
Autocorrelation, which is Nutanix 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 Nutanix's stock expected returns. We can calculate the autocorrelation of Nutanix returns to help us make a trade decision. For example, suppose you find that Nutanix 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 |
Nutanix 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 Nutanix stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nutanix stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nutanix stock over time.
Current vs Lagged Prices |
| Timeline |
Nutanix Lagged Returns
When evaluating Nutanix's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nutanix stock have on its future price. Nutanix 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, Nutanix autocorrelation shows the relationship between Nutanix stock current value and its past values and can show if there is a momentum factor associated with investing in Nutanix.
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 Nutanix Stock Analysis
When running Nutanix's price analysis, check to measure Nutanix'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 Nutanix is operating at the current time. Most of Nutanix's value examination focuses on studying past and present price action to predict the probability of Nutanix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nutanix's price. Additionally, you may evaluate how the addition of Nutanix to your portfolios can decrease your overall portfolio volatility.