Nexalin Technology Stock Forward View
| NXL Stock | USD 0.57 0.03 5.00% |
Nexalin Stock outlook is based on your current time horizon.
As of now, the relative strength index (RSI) of Nexalin Technology's share price is approaching 32. This indicates that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Nexalin Technology, making its price go up or down. Momentum 32
Sell Stretched
Oversold | Overbought |
Using Nexalin Technology hype-based prediction, you can estimate the value of Nexalin Technology from the perspective of Nexalin Technology response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Nexalin Technology on the next trading day is expected to be 0.46 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 3.01. Nexalin Technology after-hype prediction price | USD 0.57 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Nexalin Technology to cross-verify your projections. Nexalin Technology Additional Predictive Modules
Most predictive techniques to examine Nexalin price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Nexalin using various technical indicators. When you analyze Nexalin 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 | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Nexalin Technology Naive Prediction Price Forecast For the 2nd of February
Given 90 days horizon, the Naive Prediction forecasted value of Nexalin Technology on the next trading day is expected to be 0.46 with a mean absolute deviation of 0.05, mean absolute percentage error of 0, and the sum of the absolute errors of 3.01.Please note that although there have been many attempts to predict Nexalin Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Nexalin Technology's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Nexalin Technology Stock Forecast Pattern
| Backtest Nexalin Technology | Nexalin Technology Price Prediction | Buy or Sell Advice |
Nexalin Technology Forecasted Value
In the context of forecasting Nexalin Technology's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Nexalin Technology's downside and upside margins for the forecasting period are 0.01 and 6.00, respectively. We have considered Nexalin Technology's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Nexalin Technology stock data series using in forecasting. Note that when a statistical model is used to represent Nexalin Technology stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 112.4447 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0494 |
| MAPE | Mean absolute percentage error | 0.0621 |
| SAE | Sum of the absolute errors | 3.0129 |
Predictive Modules for Nexalin Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nexalin Technology. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nexalin Technology'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.
Nexalin Technology After-Hype Price Density Analysis
As far as predicting the price of Nexalin Technology at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Nexalin Technology or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Nexalin Technology, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Nexalin Technology Estimiated After-Hype Price Volatility
In the context of predicting Nexalin Technology's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Nexalin Technology's historical news coverage. Nexalin Technology's after-hype downside and upside margins for the prediction period are 0.03 and 6.11, respectively. We have considered Nexalin Technology's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Nexalin Technology is out of control at this time. Analysis and calculation of next after-hype price of Nexalin Technology is based on 3 months time horizon.
Nexalin Technology Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Nexalin Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nexalin Technology backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Nexalin Technology, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
1.37 | 5.54 | 0.00 | 0.17 | 0 Events / Month | 2 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
0.57 | 0.57 | 0.00 |
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Nexalin Technology Hype Timeline
On the 1st of February Nexalin Technology is traded for 0.57. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.17. Nexalin is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is now at -1.37%. %. The volatility of related hype on Nexalin Technology is about 4467.74%, with the expected price after the next announcement by competition of 0.40. About 14.0% of the company outstanding shares are owned by corporate insiders. The book value of Nexalin Technology was now reported as 0.26. The company recorded a loss per share of 0.65. Nexalin Technology had not issued any dividends in recent years. Considering the 90-day investment horizon the next anticipated press release will be uncertain. Check out Historical Fundamental Analysis of Nexalin Technology to cross-verify your projections.Nexalin Technology Related Hype Analysis
Having access to credible news sources related to Nexalin Technology's direct competition is more important than ever and may enhance your ability to predict Nexalin Technology's future price movements. Getting to know how Nexalin Technology's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Nexalin Technology may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| IINN | Inspira Technologies Oxy | 0.00 | 0 per month | 0.00 | (0.04) | 6.86 | (6.82) | 24.08 | |
| ENLV | Enlivex Therapeutics | 0.00 | 0 per month | 4.50 | 0.01 | 8.57 | (8.16) | 24.21 | |
| RVP | Retractable Technologies | 0.00 | 0 per month | 0.00 | (0.20) | 2.63 | (3.57) | 10.11 | |
| CLGN | Collplant Biotechnologies | 0.00 | 0 per month | 0.00 | (0.04) | 8.51 | (7.84) | 25.76 | |
| HBIO | Harvard Bioscience | (0.01) | 8 per month | 4.98 | 0.07 | 12.86 | (6.78) | 57.46 | |
| RBOT | Vicarious Surgical | 0.00 | 0 per month | 0.00 | (0.16) | 11.90 | (9.09) | 36.01 | |
| MODD | Modular Medical | (0.01) | 9 per month | 0.00 | (0.01) | 10.42 | (8.11) | 45.40 | |
| NRXS | Neuraxis | 0.00 | 0 per month | 3.99 | 0.18 | 9.77 | (5.86) | 38.80 | |
| SCYX | Scynexis | (1.22) | 8 per month | 1.91 | 0.05 | 5.08 | (3.90) | 21.87 | |
| XCUR | Exicure | 0.00 | 0 per month | 8.81 | 0.05 | 21.22 | (11.88) | 63.80 |
Other Forecasting Options for Nexalin Technology
For every potential investor in Nexalin, whether a beginner or expert, Nexalin Technology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nexalin Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nexalin. Basic forecasting techniques help filter out the noise by identifying Nexalin Technology's price trends.Nexalin Technology Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Nexalin Technology stock to make a market-neutral strategy. Peer analysis of Nexalin Technology could also be used in its relative valuation, which is a method of valuing Nexalin Technology by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Nexalin Technology Market Strength Events
Market strength indicators help investors to evaluate how Nexalin Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nexalin Technology shares will generate the highest return on investment. By undertsting and applying Nexalin Technology stock market strength indicators, traders can identify Nexalin Technology entry and exit signals to maximize returns.
Nexalin Technology Risk Indicators
The analysis of Nexalin Technology's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Nexalin Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nexalin stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 4.09 | |||
| Standard Deviation | 5.54 | |||
| Variance | 30.71 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Nexalin Technology
The number of cover stories for Nexalin Technology depends on current market conditions and Nexalin Technology's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Nexalin Technology is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Nexalin Technology's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Nexalin Technology Short Properties
Nexalin Technology's future price predictability will typically decrease when Nexalin Technology's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Nexalin Technology often depends not only on the future outlook of the potential Nexalin Technology's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Nexalin Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.2 M | |
| Cash And Short Term Investments | 3.5 M |
Check out Historical Fundamental Analysis of Nexalin Technology to cross-verify your projections. For more information on how to buy Nexalin Stock please use our How to buy in Nexalin Stock guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Health Care Equipment & Supplies 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 Nexalin Technology. Anticipated expansion of Nexalin directly elevates investor willingness to pay premium valuations. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Nexalin Technology assessment requires weighing all these inputs, though not all factors influence outcomes equally.
The market value of Nexalin Technology is measured differently than its book value, which is the value of Nexalin that is recorded on the company's balance sheet. Investors also form their own opinion of Nexalin Technology's value that differs from its market value or its book value, called intrinsic value, which is Nexalin 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 Nexalin Technology's market value can be influenced by many factors that don't directly affect Nexalin Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Nexalin Technology's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Nexalin Technology should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Nexalin Technology's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.