Netmedia Group (France) Probability of Future Stock Price Finishing Under 2.32
| ALNMG Stock | 1.74 0.05 2.79% |
Netmedia |
Netmedia Group Target Price Odds to finish below 2.32
The tendency of Netmedia 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 stay under 2.32 after 90 days |
| 1.74 | 90 days | 2.32 | more than 93.0 |
Based on a normal probability distribution, the odds of Netmedia Group to stay under 2.32 after 90 days from now is more than 93.0 (This Netmedia Group SA probability density function shows the probability of Netmedia Stock to fall within a particular range of prices over 90 days) . Probability of Netmedia Group SA price to stay between its current price of 1.74 and 2.32 at the end of the 90-day period is about 75.35 .
Assuming the 90 days trading horizon Netmedia Group has a beta of 0.15. This suggests as returns on the market go up, Netmedia Group average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Netmedia Group SA will be expected to be much smaller as well. Additionally Netmedia Group SA 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. Netmedia Group Price Density |
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Predictive Modules for Netmedia Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Netmedia Group SA. 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as Netmedia Group. Your research has to be compared to or analyzed against Netmedia Group's peers to derive any actionable benefits. When done correctly, Netmedia Group's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Netmedia Group SA.Netmedia Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Netmedia Group is not an exception. The market had few large corrections towards the Netmedia Group'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 Netmedia Group SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Netmedia Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.4 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 0.24 | |
Ir | Information ratio | -0.12 |
Netmedia Group 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 Netmedia Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Netmedia Group SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Netmedia Group SA generated a negative expected return over the last 90 days | |
| Netmedia Group SA may become a speculative penny stock | |
| Netmedia Group SA has high historical volatility and very poor performance |
Netmedia Group Technical Analysis
Netmedia Group's future price can be derived by breaking down and analyzing its technical indicators over time. Netmedia Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Netmedia Group SA. In general, you should focus on analyzing Netmedia Stock price patterns and their correlations with different microeconomic environments and drivers.
Netmedia Group Predictive Forecast Models
Netmedia Group's time-series forecasting models is one of many Netmedia Group'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 Netmedia Group'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 Netmedia Group SA
Checking the ongoing alerts about Netmedia Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Netmedia Group SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Netmedia Group SA generated a negative expected return over the last 90 days | |
| Netmedia Group SA may become a speculative penny stock | |
| Netmedia Group SA has high historical volatility and very poor performance |
Additional Tools for Netmedia Stock Analysis
When running Netmedia Group's price analysis, check to measure Netmedia Group'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 Netmedia Group is operating at the current time. Most of Netmedia Group's value examination focuses on studying past and present price action to predict the probability of Netmedia Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Netmedia Group's price. Additionally, you may evaluate how the addition of Netmedia Group to your portfolios can decrease your overall portfolio volatility.