Nano One Materials Stock Odds of Future Stock Price Finishing Under 1.15
| NANO Stock | 0.82 0.01 1.23% |
Nano |
Nano One Target Price Odds to finish below 1.15
The tendency of Nano 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 under 1.15 after 90 days |
| 0.82 | 90 days | 1.15 | under 95 |
Based on a normal probability distribution, the odds of Nano One to stay under 1.15 after 90 days from now is under 95 (This Nano One Materials probability density function shows the probability of Nano Stock to fall within a particular range of prices over 90 days) . Probability of Nano One Materials price to stay between its current price of 0.82 and 1.15 at the end of the 90-day period is about 67.09 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.14 . This indicates Nano One Materials market returns are highly reactive to returns on the market. As the market goes up or down, Nano One is expected to follow. Additionally Nano One Materials has an alpha of 0.155, implying that it can generate a 0.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nano One Price Density |
| Price |
Predictive Modules for Nano One
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nano One Materials. 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.Nano One Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nano One is not an exception. The market had few large corrections towards the Nano One'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 Nano One Materials, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nano One within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | 1.14 | |
σ | Overall volatility | 0.15 | |
Ir | Information ratio | 0.03 |
Nano One 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 Nano One for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nano One Materials can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nano One Materials had very high historical volatility over the last 90 days | |
| Nano One Materials has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (31.81 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Nano One Materials has accumulated about 52.65 M in cash with (25.4 M) of positive cash flow from operations. |
Nano One 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 Nano Stock often depends not only on the future outlook of the current and potential Nano One'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. Nano One's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 105.1 M | |
| Cash And Short Term Investments | 32.4 M |
Nano One Technical Analysis
Nano One's future price can be derived by breaking down and analyzing its technical indicators over time. Nano Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nano One Materials. In general, you should focus on analyzing Nano Stock price patterns and their correlations with different microeconomic environments and drivers.
Nano One Predictive Forecast Models
Nano One's time-series forecasting models is one of many Nano One'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 Nano One'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 Nano One Materials
Checking the ongoing alerts about Nano One for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nano One Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nano One Materials had very high historical volatility over the last 90 days | |
| Nano One Materials has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (31.81 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Nano One Materials has accumulated about 52.65 M in cash with (25.4 M) of positive cash flow from operations. |
Other Information on Investing in Nano Stock
Nano One financial ratios help investors to determine whether Nano 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 Nano with respect to the benefits of owning Nano One security.