Noho Inc Stock Chance of Future Pink Sheet Price Finishing Over 3.0E-4
| DRNK Stock | USD 0.0002 0.00 0.00% |
NOHO |
NOHO Target Price Odds to finish over 3.0E-4
The tendency of NOHO 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 $ 0.0003 or more in 90 days |
| 0.0002 | 90 days | 0.0003 | about 12.98 |
Based on a normal probability distribution, the odds of NOHO to move over $ 0.0003 or more in 90 days from now is about 12.98 (This NOHO Inc probability density function shows the probability of NOHO Pink Sheet to fall within a particular range of prices over 90 days) . Probability of NOHO Inc price to stay between its current price of $ 0.0002 and $ 0.0003 at the end of the 90-day period is about 62.53 .
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 3.66 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, NOHO will likely underperform. Moreover NOHO Inc has an alpha of 1.5764, implying that it can generate a 1.58 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). NOHO Price Density |
| Price |
Predictive Modules for NOHO
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NOHO Inc. 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.NOHO Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NOHO is not an exception. The market had few large corrections towards the NOHO'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 NOHO Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NOHO within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.58 | |
β | Beta against Dow Jones | 3.66 | |
σ | Overall volatility | 0.000055 | |
Ir | Information ratio | 0.08 |
NOHO 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 NOHO for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NOHO Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NOHO Inc is way too risky over 90 days horizon | |
| NOHO Inc has some characteristics of a very speculative penny stock | |
| NOHO Inc appears to be risky and price may revert if volatility continues | |
| NOHO Inc has high likelihood to experience some financial distress in the next 2 years | |
| NOHO Inc currently holds 1.22 M in liabilities. NOHO Inc has a current ratio of 0.15, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist NOHO until it has trouble settling it off, either with new capital or with free cash flow. So, NOHO'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 NOHO Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NOHO to invest in growth at high rates of return. When we think about NOHO's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (962.2 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| NOHO Inc currently holds about 31.74 K in cash with (103.19 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
NOHO 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 NOHO Pink Sheet often depends not only on the future outlook of the current and potential NOHO'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. NOHO's indicators that are reflective of the short sentiment are summarized in the table below.
| Short Long Term Debt | 681.8 K |
NOHO Technical Analysis
NOHO's future price can be derived by breaking down and analyzing its technical indicators over time. NOHO Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NOHO Inc. In general, you should focus on analyzing NOHO Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
NOHO Predictive Forecast Models
NOHO's time-series forecasting models is one of many NOHO'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 NOHO'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 NOHO Inc
Checking the ongoing alerts about NOHO for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NOHO Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NOHO Inc is way too risky over 90 days horizon | |
| NOHO Inc has some characteristics of a very speculative penny stock | |
| NOHO Inc appears to be risky and price may revert if volatility continues | |
| NOHO Inc has high likelihood to experience some financial distress in the next 2 years | |
| NOHO Inc currently holds 1.22 M in liabilities. NOHO Inc has a current ratio of 0.15, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist NOHO until it has trouble settling it off, either with new capital or with free cash flow. So, NOHO'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 NOHO Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NOHO to invest in growth at high rates of return. When we think about NOHO's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (962.2 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| NOHO Inc currently holds about 31.74 K in cash with (103.19 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Other Information on Investing in NOHO Pink Sheet
NOHO financial ratios help investors to determine whether NOHO 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 NOHO with respect to the benefits of owning NOHO security.