NURAN WIRELESS (Germany) Probability of Future Stock Price Finishing Over 0.0494
| 1RNA Stock | EUR 0.05 0 6.08% |
NURAN |
NURAN WIRELESS Target Price Odds to finish over 0.0494
The tendency of NURAN Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 0.05 | 90 days | 0.05 | about 86.77 |
Based on a normal probability distribution, the odds of NURAN WIRELESS to move above the current price in 90 days from now is about 86.77 (This NURAN WIRELESS INC probability density function shows the probability of NURAN Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon NURAN WIRELESS INC has a beta of -1.01. This suggests Additionally NURAN WIRELESS INC has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. NURAN WIRELESS Price Density |
| Price |
Predictive Modules for NURAN WIRELESS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NURAN WIRELESS INC. 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.NURAN WIRELESS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NURAN WIRELESS is not an exception. The market had few large corrections towards the NURAN WIRELESS's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold NURAN WIRELESS INC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NURAN WIRELESS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.45 | |
β | Beta against Dow Jones | -1.01 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.12 |
NURAN WIRELESS Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of NURAN WIRELESS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NURAN WIRELESS INC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NURAN WIRELESS INC generated a negative expected return over the last 90 days | |
| NURAN WIRELESS INC has some characteristics of a very speculative penny stock | |
| NURAN WIRELESS INC has high historical volatility and very poor performance | |
| NURAN WIRELESS INC has accumulated 2.37 M in total debt. NURAN WIRELESS INC has a current ratio of 0.31, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist NURAN WIRELESS until it has trouble settling it off, either with new capital or with free cash flow. So, NURAN WIRELESS's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NURAN WIRELESS INC sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NURAN to invest in growth at high rates of return. When we think about NURAN WIRELESS's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 1.83 M. Net Loss for the year was (3.07 M) with profit before overhead, payroll, taxes, and interest of 227.65 K. | |
| NURAN WIRELESS INC has accumulated about 73.94 K in cash with (1.41 M) of positive cash flow from operations. |
NURAN WIRELESS Technical Analysis
NURAN WIRELESS's future price can be derived by breaking down and analyzing its technical indicators over time. NURAN Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NURAN WIRELESS INC. In general, you should focus on analyzing NURAN Stock price patterns and their correlations with different microeconomic environments and drivers.
NURAN WIRELESS Predictive Forecast Models
NURAN WIRELESS's time-series forecasting models is one of many NURAN WIRELESS's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary NURAN WIRELESS's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about NURAN WIRELESS INC
Checking the ongoing alerts about NURAN WIRELESS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NURAN WIRELESS INC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NURAN WIRELESS INC generated a negative expected return over the last 90 days | |
| NURAN WIRELESS INC has some characteristics of a very speculative penny stock | |
| NURAN WIRELESS INC has high historical volatility and very poor performance | |
| NURAN WIRELESS INC has accumulated 2.37 M in total debt. NURAN WIRELESS INC has a current ratio of 0.31, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist NURAN WIRELESS until it has trouble settling it off, either with new capital or with free cash flow. So, NURAN WIRELESS's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NURAN WIRELESS INC sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NURAN to invest in growth at high rates of return. When we think about NURAN WIRELESS's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 1.83 M. Net Loss for the year was (3.07 M) with profit before overhead, payroll, taxes, and interest of 227.65 K. | |
| NURAN WIRELESS INC has accumulated about 73.94 K in cash with (1.41 M) of positive cash flow from operations. |
Other Information on Investing in NURAN Stock
NURAN WIRELESS financial ratios help investors to determine whether NURAN Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NURAN with respect to the benefits of owning NURAN WIRELESS security.