Neo Battery Materials Stock Probability of Future OTC Stock Price Finishing Under 0.03
| NBMFF Stock | USD 0.59 0.12 25.53% |
Neo |
Neo Battery Target Price Odds to finish below 0.03
The tendency of Neo OTC 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 $ 0.03 or more in 90 days |
| 0.59 | 90 days | 0.03 | about 7.51 |
Based on a normal probability distribution, the odds of Neo Battery to drop to $ 0.03 or more in 90 days from now is about 7.51 (This Neo Battery Materials probability density function shows the probability of Neo OTC Stock to fall within a particular range of prices over 90 days) . Probability of Neo Battery Materials price to stay between $ 0.03 and its current price of $0.59 at the end of the 90-day period is about 90.51 .
Assuming the 90 days horizon Neo Battery Materials has a beta of -4.24. This indicates as returns on its benchmark rise, returns on holding Neo Battery Materials are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Neo Battery is expected to outperform its benchmark. In addition to that Neo Battery Materials has an alpha of 8.8652, implying that it can generate a 8.87 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Neo Battery Price Density |
| Price |
Predictive Modules for Neo Battery
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Neo Battery Materials. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Neo Battery Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Neo Battery is not an exception. The market had few large corrections towards the Neo Battery'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 Neo Battery Materials, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Neo Battery within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 8.87 | |
β | Beta against Dow Jones | -4.24 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | 0.20 |
Neo Battery 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 Neo Battery for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Neo Battery 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.| Neo Battery is way too risky over 90 days horizon | |
| Neo Battery has some characteristics of a very speculative penny stock | |
| Neo Battery appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (2.08 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Neo Battery Materials has accumulated about 2.36 M in cash with (1.5 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
Neo Battery 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 Neo OTC Stock often depends not only on the future outlook of the current and potential Neo Battery'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. Neo Battery's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 97.5 M |
Neo Battery Technical Analysis
Neo Battery's future price can be derived by breaking down and analyzing its technical indicators over time. Neo OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Neo Battery Materials. In general, you should focus on analyzing Neo OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Neo Battery Predictive Forecast Models
Neo Battery's time-series forecasting models is one of many Neo Battery's otc 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 Neo Battery'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 otc stock market movement and maximize returns from investment trading.
Things to note about Neo Battery Materials
Checking the ongoing alerts about Neo Battery for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Neo Battery Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Neo Battery is way too risky over 90 days horizon | |
| Neo Battery has some characteristics of a very speculative penny stock | |
| Neo Battery appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (2.08 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Neo Battery Materials has accumulated about 2.36 M in cash with (1.5 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
Other Information on Investing in Neo OTC Stock
Neo Battery financial ratios help investors to determine whether Neo OTC 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 Neo with respect to the benefits of owning Neo Battery security.