Chardan Nextech Acquisition Stock Probability of Future Stock Price Finishing Under 0.0129
| DFLIW Stock | USD 0.01 0.0006 4.51% |
Chardan |
Chardan NexTech Target Price Odds to finish below 0.0129
The tendency of Chardan 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 $ 0.01 or more in 90 days |
| 0.01 | 90 days | 0.01 | about 8.22 |
Based on a normal probability distribution, the odds of Chardan NexTech to drop to $ 0.01 or more in 90 days from now is about 8.22 (This Chardan NexTech Acquisition probability density function shows the probability of Chardan Stock to fall within a particular range of prices over 90 days) . Probability of Chardan NexTech Acqu price to stay between $ 0.01 and its current price of $0.0139 at the end of the 90-day period is about 1.64 .
Assuming the 90 days horizon the stock has the beta coefficient of 2.93 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Chardan NexTech will likely underperform. Additionally Chardan NexTech Acquisition 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. Chardan NexTech Price Density |
| Price |
Predictive Modules for Chardan NexTech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chardan NexTech Acqu. 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.Chardan NexTech Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Chardan NexTech is not an exception. The market had few large corrections towards the Chardan NexTech'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 Chardan NexTech Acquisition, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Chardan NexTech within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.95 | |
β | Beta against Dow Jones | 2.93 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.05 |
Chardan NexTech 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 Chardan NexTech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Chardan NexTech Acqu can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Chardan NexTech Acqu is way too risky over 90 days horizon | |
| Chardan NexTech Acqu has some characteristics of a very speculative penny stock | |
| Chardan NexTech Acqu appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 64.39 M. Net Loss for the year was (13.82 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Chardan NexTech generates negative cash flow from operations | |
| Chardan NexTech Acqu has a poor financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: Battle Born Releases New Smart Lithium Batteries to Kick Off Bl |
Chardan NexTech 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 Chardan Stock often depends not only on the future outlook of the current and potential Chardan NexTech'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. Chardan NexTech's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 52.8 M | |
| Cash And Short Term Investments | 12.7 M | |
| Shares Float | 29.4 M |
Chardan NexTech Technical Analysis
Chardan NexTech's future price can be derived by breaking down and analyzing its technical indicators over time. Chardan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Chardan NexTech Acquisition. In general, you should focus on analyzing Chardan Stock price patterns and their correlations with different microeconomic environments and drivers.
Chardan NexTech Predictive Forecast Models
Chardan NexTech's time-series forecasting models is one of many Chardan NexTech'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 Chardan NexTech'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 Chardan NexTech Acqu
Checking the ongoing alerts about Chardan NexTech for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Chardan NexTech Acqu help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Chardan NexTech Acqu is way too risky over 90 days horizon | |
| Chardan NexTech Acqu has some characteristics of a very speculative penny stock | |
| Chardan NexTech Acqu appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 64.39 M. Net Loss for the year was (13.82 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Chardan NexTech generates negative cash flow from operations | |
| Chardan NexTech Acqu has a poor financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: Battle Born Releases New Smart Lithium Batteries to Kick Off Bl |
Additional Tools for Chardan Stock Analysis
When running Chardan NexTech's price analysis, check to measure Chardan NexTech'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 Chardan NexTech is operating at the current time. Most of Chardan NexTech's value examination focuses on studying past and present price action to predict the probability of Chardan NexTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chardan NexTech's price. Additionally, you may evaluate how the addition of Chardan NexTech to your portfolios can decrease your overall portfolio volatility.