Nacon Sa (France) Odds of Future Stock Price Finishing Over 0.49
| NACON Stock | EUR 0.51 0.02 3.77% |
Nacon |
Nacon Sa Target Price Odds to finish over 0.49
The tendency of Nacon 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 stay above € 0.49 in 90 days |
| 0.51 | 90 days | 0.49 | under 95 |
Based on a normal probability distribution, the odds of Nacon Sa to stay above € 0.49 in 90 days from now is under 95 (This Nacon Sa probability density function shows the probability of Nacon Stock to fall within a particular range of prices over 90 days) . Probability of Nacon Sa price to stay between € 0.49 and its current price of €0.51 at the end of the 90-day period is about 1.31 .
Assuming the 90 days trading horizon Nacon Sa has a beta of -0.36. This indicates as returns on the benchmark increase, returns on holding Nacon Sa are expected to decrease at a much lower rate. During a bear market, however, Nacon Sa is likely to outperform the market. Additionally Nacon Sa 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. Nacon Sa Price Density |
| Price |
Predictive Modules for Nacon Sa
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nacon Sa. 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.Nacon Sa Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nacon Sa is not an exception. The market had few large corrections towards the Nacon Sa'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 Nacon Sa, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nacon Sa within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.1 | |
β | Beta against Dow Jones | -0.36 | |
σ | Overall volatility | 0.19 | |
Ir | Information ratio | -0.41 |
Nacon Sa 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 Nacon Sa for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nacon Sa can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nacon Sa generated a negative expected return over the last 90 days | |
| Nacon Sa has some characteristics of a very speculative penny stock | |
| Nacon Sa has high historical volatility and very poor performance | |
| About 77.0% of the company outstanding shares are owned by corporate insiders |
Nacon Sa 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 Nacon Stock often depends not only on the future outlook of the current and potential Nacon Sa'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. Nacon Sa's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 86 M | |
| Cash And Short Term Investments | 82.1 M |
Nacon Sa Technical Analysis
Nacon Sa's future price can be derived by breaking down and analyzing its technical indicators over time. Nacon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nacon Sa. In general, you should focus on analyzing Nacon Stock price patterns and their correlations with different microeconomic environments and drivers.
Nacon Sa Predictive Forecast Models
Nacon Sa's time-series forecasting models is one of many Nacon Sa'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 Nacon Sa'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 Nacon Sa
Checking the ongoing alerts about Nacon Sa for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nacon Sa help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nacon Sa generated a negative expected return over the last 90 days | |
| Nacon Sa has some characteristics of a very speculative penny stock | |
| Nacon Sa has high historical volatility and very poor performance | |
| About 77.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Nacon Stock Analysis
When running Nacon Sa's price analysis, check to measure Nacon Sa'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 Nacon Sa is operating at the current time. Most of Nacon Sa's value examination focuses on studying past and present price action to predict the probability of Nacon Sa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nacon Sa's price. Additionally, you may evaluate how the addition of Nacon Sa to your portfolios can decrease your overall portfolio volatility.