Netgem SA (France) Probability of Future Stock Price Finishing Under 1.08
| ALNTG Stock | EUR 1.04 0.01 0.97% |
Netgem |
Netgem SA Target Price Odds to finish below 1.08
The tendency of Netgem 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 € 1.08 after 90 days |
| 1.04 | 90 days | 1.08 | about 81.95 |
Based on a normal probability distribution, the odds of Netgem SA to stay under € 1.08 after 90 days from now is about 81.95 (This Netgem SA probability density function shows the probability of Netgem Stock to fall within a particular range of prices over 90 days) . Probability of Netgem SA price to stay between its current price of € 1.04 and € 1.08 at the end of the 90-day period is about 10.02 .
Assuming the 90 days trading horizon Netgem SA has a beta of -0.0155. This suggests as returns on the benchmark increase, returns on holding Netgem SA are expected to decrease at a much lower rate. During a bear market, however, Netgem SA is likely to outperform the market. Additionally Netgem SA has an alpha of 0.4665, implying that it can generate a 0.47 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Netgem SA Price Density |
| Price |
Predictive Modules for Netgem SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Netgem 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.Netgem SA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Netgem SA is not an exception. The market had few large corrections towards the Netgem SA'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 Netgem SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Netgem SA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.47 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | 0.10 |
Netgem SA 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 Netgem SA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Netgem 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.| Netgem SA has some characteristics of a very speculative penny stock | |
| Netgem SA appears to be risky and price may revert if volatility continues | |
| Netgem SA has high likelihood to experience some financial distress in the next 2 years | |
| Netgem SA has accumulated 212 K in total debt with debt to equity ratio (D/E) of 0.13, which may suggest the company is not taking enough advantage from borrowing. Netgem SA has a current ratio of 0.91, 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 Netgem SA until it has trouble settling it off, either with new capital or with free cash flow. So, Netgem SA'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 Netgem SA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Netgem to invest in growth at high rates of return. When we think about Netgem SA's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 28.32 M. Net Loss for the year was (1.31 M) with profit before overhead, payroll, taxes, and interest of 17.58 M. | |
| About 39.0% of Netgem SA shares are held by company insiders |
Netgem SA 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 Netgem Stock often depends not only on the future outlook of the current and potential Netgem SA'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. Netgem SA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 28.9 M | |
| Cash And Short Term Investments | 6.4 M |
Netgem SA Technical Analysis
Netgem SA's future price can be derived by breaking down and analyzing its technical indicators over time. Netgem Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Netgem SA. In general, you should focus on analyzing Netgem Stock price patterns and their correlations with different microeconomic environments and drivers.
Netgem SA Predictive Forecast Models
Netgem SA's time-series forecasting models is one of many Netgem SA'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 Netgem SA'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 Netgem SA
Checking the ongoing alerts about Netgem SA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Netgem SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Netgem SA has some characteristics of a very speculative penny stock | |
| Netgem SA appears to be risky and price may revert if volatility continues | |
| Netgem SA has high likelihood to experience some financial distress in the next 2 years | |
| Netgem SA has accumulated 212 K in total debt with debt to equity ratio (D/E) of 0.13, which may suggest the company is not taking enough advantage from borrowing. Netgem SA has a current ratio of 0.91, 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 Netgem SA until it has trouble settling it off, either with new capital or with free cash flow. So, Netgem SA'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 Netgem SA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Netgem to invest in growth at high rates of return. When we think about Netgem SA's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 28.32 M. Net Loss for the year was (1.31 M) with profit before overhead, payroll, taxes, and interest of 17.58 M. | |
| About 39.0% of Netgem SA shares are held by company insiders |
Additional Tools for Netgem Stock Analysis
When running Netgem SA's price analysis, check to measure Netgem SA'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 Netgem SA is operating at the current time. Most of Netgem SA's value examination focuses on studying past and present price action to predict the probability of Netgem SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Netgem SA's price. Additionally, you may evaluate how the addition of Netgem SA to your portfolios can decrease your overall portfolio volatility.