Will N1RG34 Stock Price rise over 537.35?

N1RG34 (Brazil) Chance of Future Stock Price Finishing Over 537.35

N1RG34 Stock  BRL 564.00  2.81  0.50%   
N1RG34's future price is the expected price of N1RG34 instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of N1RG34 performance during a given time horizon utilizing its historical volatility. Check out N1RG34 Backtesting, N1RG34 Valuation, N1RG34 Correlation, N1RG34 Hype Analysis, N1RG34 Volatility, N1RG34 History as well as N1RG34 Performance.
  
Please specify N1RG34's target price for which you would like N1RG34 odds to be computed.

N1RG34 Target Price Odds to finish over 537.35

The tendency of N1RG34 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 PriceHorizonTarget PriceOdds to stay above R$ 537.35  in 90 days
 564.00 90 days 537.35 
about 45.64
Based on a normal probability distribution, the odds of N1RG34 to stay above R$ 537.35  in 90 days from now is about 45.64 (This N1RG34 probability density function shows the probability of N1RG34 Stock to fall within a particular range of prices over 90 days) . Probability of N1RG34 price to stay between R$ 537.35  and its current price of R$564.0 at the end of the 90-day period is about 23.1 .
Assuming the 90 days trading horizon N1RG34 has a beta of -0.44. This indicates as returns on the benchmark increase, returns on holding N1RG34 are expected to decrease at a much lower rate. During a bear market, however, N1RG34 is likely to outperform the market. Additionally N1RG34 has an alpha of 0.371, implying that it can generate a 0.37 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   N1RG34 Price Density   
JavaScript chart by amCharts 3.21.15321.16359.56401.45446.83485.23523.63555.05589.96628.35666.75Current PriceTargetN1RG34 Mean 0.0020.0040.0060.008
       Price  

Predictive Modules for N1RG34

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as N1RG34. 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.
Hype
Prediction
LowEstimatedHigh
561.67564.00566.33
Details
Intrinsic
Valuation
LowRealHigh
462.67465.00620.40
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as N1RG34. Your research has to be compared to or analyzed against N1RG34's peers to derive any actionable benefits. When done correctly, N1RG34'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 N1RG34.

N1RG34 Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. N1RG34 is not an exception. The market had few large corrections towards the N1RG34'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 N1RG34, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of N1RG34 within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.37
β
Beta against Dow Jones-0.44
σ
Overall volatility
41.34
Ir
Information ratio 0.13

N1RG34 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 N1RG34 Stock often depends not only on the future outlook of the current and potential N1RG34'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. N1RG34's indicators that are reflective of the short sentiment are summarized in the table below.
Trailing Annual Dividend Rate1.23
Float Shares242.77M
Average Daily Volume In Three Month141
Trailing Annual Dividend Yield0.55%

N1RG34 Technical Analysis

N1RG34's future price can be derived by breaking down and analyzing its technical indicators over time. N1RG34 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of N1RG34. In general, you should focus on analyzing N1RG34 Stock price patterns and their correlations with different microeconomic environments and drivers.

N1RG34 Predictive Forecast Models

N1RG34's time-series forecasting models is one of many N1RG34'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 N1RG34'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards N1RG34 in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, N1RG34's short interest history, or implied volatility extrapolated from N1RG34 options trading.

Other Information on Investing in N1RG34 Stock

N1RG34 financial ratios help investors to determine whether N1RG34 Stock 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 N1RG34 with respect to the benefits of owning N1RG34 security.