NBI Bearings (Spain) Probability of Future Stock Price Finishing Under 4.05
| NBI Stock | EUR 4.00 0.14 3.38% |
NBI |
NBI Bearings Target Price Odds to finish below 4.05
The tendency of NBI 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 € 4.05 after 90 days |
| 4.00 | 90 days | 4.05 | about 1.96 |
Based on a normal probability distribution, the odds of NBI Bearings to stay under € 4.05 after 90 days from now is about 1.96 (This NBI Bearings Europe probability density function shows the probability of NBI Stock to fall within a particular range of prices over 90 days) . Probability of NBI Bearings Europe price to stay between its current price of € 4.00 and € 4.05 at the end of the 90-day period is about 1.01 .
Assuming the 90 days trading horizon NBI Bearings Europe has a beta of -0.17. This indicates as returns on the benchmark increase, returns on holding NBI Bearings are expected to decrease at a much lower rate. During a bear market, however, NBI Bearings Europe is likely to outperform the market. Additionally NBI Bearings Europe 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. NBI Bearings Price Density |
| Price |
Predictive Modules for NBI Bearings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NBI Bearings Europe. 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.NBI Bearings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NBI Bearings is not an exception. The market had few large corrections towards the NBI Bearings' 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 NBI Bearings Europe, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NBI Bearings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.23 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 0.18 | |
Ir | Information ratio | -0.44 |
NBI Bearings 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 NBI Bearings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NBI Bearings Europe can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NBI Bearings Europe generated a negative expected return over the last 90 days | |
| NBI Bearings Europe has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 71.0% of the company outstanding shares are owned by corporate insiders |
NBI Bearings 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 NBI Stock often depends not only on the future outlook of the current and potential NBI Bearings' 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. NBI Bearings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 11.9 M |
NBI Bearings Technical Analysis
NBI Bearings' future price can be derived by breaking down and analyzing its technical indicators over time. NBI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NBI Bearings Europe. In general, you should focus on analyzing NBI Stock price patterns and their correlations with different microeconomic environments and drivers.
NBI Bearings Predictive Forecast Models
NBI Bearings' time-series forecasting models is one of many NBI Bearings' 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 NBI Bearings' 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 NBI Bearings Europe
Checking the ongoing alerts about NBI Bearings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NBI Bearings Europe help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NBI Bearings Europe generated a negative expected return over the last 90 days | |
| NBI Bearings Europe has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 71.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in NBI Stock
NBI Bearings financial ratios help investors to determine whether NBI 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 NBI with respect to the benefits of owning NBI Bearings security.