Air New Zealand Stock Odds of Future Pink Sheet Price Finishing Over 3.60
| ANZFF Stock | USD 0.31 0.02 6.90% |
Air |
Air New Target Price Odds to finish over 3.60
The tendency of Air Pink Sheet 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 over $ 3.60 or more in 90 days |
| 0.31 | 90 days | 3.60 | close to zero percent |
Based on a normal probability distribution, the odds of Air New to move over $ 3.60 or more in 90 days from now is close to zero percent (This Air New Zealand probability density function shows the probability of Air Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Air New Zealand price to stay between its current price of $ 0.31 and $ 3.60 at the end of the 90-day period is about 83.07 .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 1.54 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Air New will likely underperform. Additionally Air New Zealand 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. Air New Price Density |
| Price |
Predictive Modules for Air New
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Air New Zealand. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Air New Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Air New is not an exception. The market had few large corrections towards the Air New'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 Air New Zealand, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Air New within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.28 | |
β | Beta against Dow Jones | 1.54 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.07 |
Air New 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 Air New for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Air New Zealand can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Air New Zealand generated a negative expected return over the last 90 days | |
| Air New Zealand has some characteristics of a very speculative penny stock | |
| Air New Zealand has high historical volatility and very poor performance | |
| Air New Zealand has accumulated 1.59 B in total debt with debt to equity ratio (D/E) of 2.01, implying the company greatly relies on financing operations through barrowing. Air New Zealand has a current ratio of 0.77, 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 Air New until it has trouble settling it off, either with new capital or with free cash flow. So, Air New'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 Air New Zealand sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Air to invest in growth at high rates of return. When we think about Air New's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 2.73 B. Net Loss for the year was (591 M) with profit before overhead, payroll, taxes, and interest of 410 M. | |
| About 52.0% of Air New shares are held by company insiders |
Air New 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 Air Pink Sheet often depends not only on the future outlook of the current and potential Air New'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. Air New's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.4 B |
Air New Technical Analysis
Air New's future price can be derived by breaking down and analyzing its technical indicators over time. Air Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Air New Zealand. In general, you should focus on analyzing Air Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Air New Predictive Forecast Models
Air New's time-series forecasting models is one of many Air New's pink sheet 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 Air New'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Air New Zealand
Checking the ongoing alerts about Air New for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Air New Zealand help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Air New Zealand generated a negative expected return over the last 90 days | |
| Air New Zealand has some characteristics of a very speculative penny stock | |
| Air New Zealand has high historical volatility and very poor performance | |
| Air New Zealand has accumulated 1.59 B in total debt with debt to equity ratio (D/E) of 2.01, implying the company greatly relies on financing operations through barrowing. Air New Zealand has a current ratio of 0.77, 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 Air New until it has trouble settling it off, either with new capital or with free cash flow. So, Air New'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 Air New Zealand sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Air to invest in growth at high rates of return. When we think about Air New's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 2.73 B. Net Loss for the year was (591 M) with profit before overhead, payroll, taxes, and interest of 410 M. | |
| About 52.0% of Air New shares are held by company insiders |
Other Information on Investing in Air Pink Sheet
Air New financial ratios help investors to determine whether Air Pink Sheet 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 Air with respect to the benefits of owning Air New security.