Nine Dragons (Germany) Probability of Future Stock Price Finishing Under 0.37
| N3Y Stock | EUR 0.40 0.02 5.26% |
Nine |
Nine Dragons Target Price Odds to finish below 0.37
The tendency of Nine 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 € 0.37 or more in 90 days |
| 0.40 | 90 days | 0.37 | about 49.88 |
Based on a normal probability distribution, the odds of Nine Dragons to drop to € 0.37 or more in 90 days from now is about 49.88 (This Nine Dragons Paper probability density function shows the probability of Nine Stock to fall within a particular range of prices over 90 days) . Probability of Nine Dragons Paper price to stay between € 0.37 and its current price of €0.4 at the end of the 90-day period is about 23.7 .
Assuming the 90 days horizon Nine Dragons has a beta of 0.79. This indicates as returns on the market go up, Nine Dragons average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nine Dragons Paper will be expected to be much smaller as well. Additionally Nine Dragons Paper has an alpha of 0.3893, implying that it can generate a 0.39 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nine Dragons Price Density |
| Price |
Predictive Modules for Nine Dragons
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nine Dragons Paper. 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.Nine Dragons Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nine Dragons is not an exception. The market had few large corrections towards the Nine Dragons' 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 Nine Dragons Paper, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nine Dragons within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.39 | |
β | Beta against Dow Jones | 0.79 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | 0.08 |
Nine Dragons 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 Nine Dragons for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nine Dragons Paper can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nine Dragons Paper has some characteristics of a very speculative penny stock | |
| Nine Dragons Paper had very high historical volatility over the last 90 days | |
| Nine Dragons Paper has high likelihood to experience some financial distress in the next 2 years | |
| Nine Dragons Paper has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 67.0% of the company outstanding shares are owned by corporate insiders |
Nine Dragons 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 Nine Stock often depends not only on the future outlook of the current and potential Nine Dragons' 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. Nine Dragons' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.7 B |
Nine Dragons Technical Analysis
Nine Dragons' future price can be derived by breaking down and analyzing its technical indicators over time. Nine Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nine Dragons Paper. In general, you should focus on analyzing Nine Stock price patterns and their correlations with different microeconomic environments and drivers.
Nine Dragons Predictive Forecast Models
Nine Dragons' time-series forecasting models is one of many Nine Dragons' 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 Nine Dragons' 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 Nine Dragons Paper
Checking the ongoing alerts about Nine Dragons for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nine Dragons Paper help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nine Dragons Paper has some characteristics of a very speculative penny stock | |
| Nine Dragons Paper had very high historical volatility over the last 90 days | |
| Nine Dragons Paper has high likelihood to experience some financial distress in the next 2 years | |
| Nine Dragons Paper has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 67.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Nine Stock
Nine Dragons financial ratios help investors to determine whether Nine 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 Nine with respect to the benefits of owning Nine Dragons security.