Nanoco Group (UK) Probability of Future Stock Price Finishing Under 12.34

NANO Stock   14.94  1.20  8.73%   
Nanoco Group's future price is the expected price of Nanoco Group 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 Nanoco Group plc performance during a given time horizon utilizing its historical volatility. Check out Nanoco Group Backtesting, Nanoco Group Valuation, Nanoco Group Correlation, Nanoco Group Hype Analysis, Nanoco Group Volatility, Nanoco Group History as well as Nanoco Group Performance.
  
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Nanoco Group Target Price Odds to finish below 12.34

The tendency of Nanoco 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 drop to  12.34  or more in 90 days
 14.94 90 days 12.34 
about 68.73
Based on a normal probability distribution, the odds of Nanoco Group to drop to  12.34  or more in 90 days from now is about 68.73 (This Nanoco Group plc probability density function shows the probability of Nanoco Stock to fall within a particular range of prices over 90 days) . Probability of Nanoco Group plc price to stay between  12.34  and its current price of 14.94 at the end of the 90-day period is about 30.66 .
Assuming the 90 days trading horizon Nanoco Group has a beta of 0.63. This indicates as returns on the market go up, Nanoco Group average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nanoco Group plc will be expected to be much smaller as well. Additionally Nanoco Group plc has an alpha of 0.2006, implying that it can generate a 0.2 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Nanoco Group Price Density   
       Price  

Predictive Modules for Nanoco Group

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nanoco Group plc. 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
11.4614.9418.42
Details
Intrinsic
Valuation
LowRealHigh
10.0613.5417.02
Details
Naive
Forecast
LowNextHigh
12.4915.9719.45
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.00030.00030.0003
Details

Nanoco Group Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Nanoco Group is not an exception. The market had few large corrections towards the Nanoco Group'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 Nanoco Group plc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nanoco Group within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.20
β
Beta against Dow Jones0.63
σ
Overall volatility
1.24
Ir
Information ratio 0.03

Nanoco Group 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 Nanoco Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nanoco Group plc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Nanoco Group plc appears to be risky and price may revert if volatility continues
Nanoco Group plc has high likelihood to experience some financial distress in the next 2 years
The company reported the revenue of 7.87 M. Net Loss for the year was (1.25 M) with profit before overhead, payroll, taxes, and interest of 4.77 M.
About 48.0% of the company outstanding shares are owned by corporate insiders
Latest headline from news.google.com: Nanoco Group Opposes Milkwood Funds Control Bid - TipRanks

Nanoco Group 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 Nanoco Stock often depends not only on the future outlook of the current and potential Nanoco Group'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. Nanoco Group's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding188.6 M

Nanoco Group Technical Analysis

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

Nanoco Group Predictive Forecast Models

Nanoco Group's time-series forecasting models is one of many Nanoco Group'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 Nanoco Group'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 Nanoco Group plc

Checking the ongoing alerts about Nanoco Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nanoco Group plc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Nanoco Group plc appears to be risky and price may revert if volatility continues
Nanoco Group plc has high likelihood to experience some financial distress in the next 2 years
The company reported the revenue of 7.87 M. Net Loss for the year was (1.25 M) with profit before overhead, payroll, taxes, and interest of 4.77 M.
About 48.0% of the company outstanding shares are owned by corporate insiders
Latest headline from news.google.com: Nanoco Group Opposes Milkwood Funds Control Bid - TipRanks

Additional Tools for Nanoco Stock Analysis

When running Nanoco Group's price analysis, check to measure Nanoco Group'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 Nanoco Group is operating at the current time. Most of Nanoco Group's value examination focuses on studying past and present price action to predict the probability of Nanoco Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nanoco Group's price. Additionally, you may evaluate how the addition of Nanoco Group to your portfolios can decrease your overall portfolio volatility.