NORTHERN OCEAN (Germany) Probability of Future Stock Price Finishing Under 0.64
| 4JO Stock | EUR 0.68 0.08 10.53% |
NORTHERN |
NORTHERN OCEAN Target Price Odds to finish below 0.64
The tendency of NORTHERN 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 drop to € 0.64 or more in 90 days |
| 0.68 | 90 days | 0.64 | about 86.1 |
Based on a normal probability distribution, the odds of NORTHERN OCEAN to drop to € 0.64 or more in 90 days from now is about 86.1 (This NORTHERN OCEAN LTD probability density function shows the probability of NORTHERN Stock to fall within a particular range of prices over 90 days) . Probability of NORTHERN OCEAN LTD price to stay between € 0.64 and its current price of €0.68 at the end of the 90-day period is about 10.33 .
Assuming the 90 days horizon NORTHERN OCEAN has a beta of 0.14. This suggests as returns on the market go up, NORTHERN OCEAN average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NORTHERN OCEAN LTD will be expected to be much smaller as well. Additionally NORTHERN OCEAN LTD has an alpha of 0.4274, implying that it can generate a 0.43 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). NORTHERN OCEAN Price Density |
| Price |
Predictive Modules for NORTHERN OCEAN
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NORTHERN OCEAN LTD. 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.NORTHERN OCEAN Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NORTHERN OCEAN is not an exception. The market had few large corrections towards the NORTHERN OCEAN'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 NORTHERN OCEAN LTD, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NORTHERN OCEAN within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.43 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | 0.09 |
NORTHERN OCEAN 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 NORTHERN OCEAN for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NORTHERN OCEAN LTD can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NORTHERN OCEAN LTD has some characteristics of a very speculative penny stock | |
| NORTHERN OCEAN LTD had very high historical volatility over the last 90 days | |
| NORTHERN OCEAN LTD has high likelihood to experience some financial distress in the next 2 years | |
| NORTHERN OCEAN LTD has accumulated 468.06 M in total debt with debt to equity ratio (D/E) of 0.94, which is about average as compared to similar companies. NORTHERN OCEAN LTD has a current ratio of 0.16, 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 NORTHERN OCEAN until it has trouble settling it off, either with new capital or with free cash flow. So, NORTHERN OCEAN'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 NORTHERN OCEAN LTD sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NORTHERN to invest in growth at high rates of return. When we think about NORTHERN OCEAN's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 28.93 M. Net Loss for the year was (32.7 M) with profit before overhead, payroll, taxes, and interest of 6.12 M. | |
| About 44.0% of NORTHERN OCEAN shares are owned by insiders or employees |
NORTHERN OCEAN Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of NORTHERN Stock often depends not only on the future outlook of the current and potential NORTHERN OCEAN'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. NORTHERN OCEAN's indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Float | 64.4 M |
NORTHERN OCEAN Technical Analysis
NORTHERN OCEAN's future price can be derived by breaking down and analyzing its technical indicators over time. NORTHERN Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NORTHERN OCEAN LTD. In general, you should focus on analyzing NORTHERN Stock price patterns and their correlations with different microeconomic environments and drivers.
NORTHERN OCEAN Predictive Forecast Models
NORTHERN OCEAN's time-series forecasting models is one of many NORTHERN OCEAN'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 NORTHERN OCEAN'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 NORTHERN OCEAN LTD
Checking the ongoing alerts about NORTHERN OCEAN for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NORTHERN OCEAN LTD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NORTHERN OCEAN LTD has some characteristics of a very speculative penny stock | |
| NORTHERN OCEAN LTD had very high historical volatility over the last 90 days | |
| NORTHERN OCEAN LTD has high likelihood to experience some financial distress in the next 2 years | |
| NORTHERN OCEAN LTD has accumulated 468.06 M in total debt with debt to equity ratio (D/E) of 0.94, which is about average as compared to similar companies. NORTHERN OCEAN LTD has a current ratio of 0.16, 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 NORTHERN OCEAN until it has trouble settling it off, either with new capital or with free cash flow. So, NORTHERN OCEAN'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 NORTHERN OCEAN LTD sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NORTHERN to invest in growth at high rates of return. When we think about NORTHERN OCEAN's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 28.93 M. Net Loss for the year was (32.7 M) with profit before overhead, payroll, taxes, and interest of 6.12 M. | |
| About 44.0% of NORTHERN OCEAN shares are owned by insiders or employees |
Other Information on Investing in NORTHERN Stock
NORTHERN OCEAN financial ratios help investors to determine whether NORTHERN 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 NORTHERN with respect to the benefits of owning NORTHERN OCEAN security.