Nextplat Corp Stock Statistic Functions Pearson Correlation Coefficient
| NXPL Stock | USD 1.16 0.02 1.69% |
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The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Pearsons Correlation Coefficient is one of the most common measures of correlation in financial statistics. It shows the linear relationship between price series of Nextplat Corp and its benchmark or peer.
Nextplat Corp Technical Analysis Modules
Most technical analysis of Nextplat Corp help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Nextplat from various momentum indicators to cycle indicators. When you analyze Nextplat charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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About Nextplat Corp Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nextplat Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nextplat Corp based on widely used predictive technical indicators. In general, we focus on analyzing Nextplat Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nextplat Corp's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Nextplat Corp's intrinsic value. In addition to deriving basic predictive indicators for Nextplat Corp, we also check how macroeconomic factors affect Nextplat Corp price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 6.95 | 7.72 | 2.9 | 2.75 | Days Of Inventory On Hand | 63.3 | 50.93 | 53.25 | 50.59 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nextplat Corp's 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.
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 Nextplat Corp 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, Nextplat Corp's short interest history, or implied volatility extrapolated from Nextplat Corp options trading.
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Additional Information and Resources on Investing in Nextplat Stock
When determining whether Nextplat Corp is a strong investment it is important to analyze Nextplat Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nextplat Corp's future performance. For an informed investment choice regarding Nextplat Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nextplat Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Nextplat Stock please use our How to buy in Nextplat Stock guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
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 Nextplat Corp. If investors know Nextplat 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 Nextplat Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.22) | Revenue Per Share 2.82 | Quarterly Revenue Growth 5.082 | Return On Assets (0.13) | Return On Equity (0.36) |
The market value of Nextplat Corp is measured differently than its book value, which is the value of Nextplat that is recorded on the company's balance sheet. Investors also form their own opinion of Nextplat Corp's value that differs from its market value or its book value, called intrinsic value, which is Nextplat Corp'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 Nextplat Corp's market value can be influenced by many factors that don't directly affect Nextplat Corp'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 Nextplat Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nextplat Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nextplat Corp'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.