Newcap Holding (Denmark) Probability of Future Stock Price Finishing Under 0.0676
| NEWCAP Stock | DKK 0.1 0.01 7.14% |
Newcap |
Newcap Holding Target Price Odds to finish below 0.0676
The tendency of Newcap 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 kr 0.07 or more in 90 days |
| 0.1 | 90 days | 0.07 | about 10.09 |
Based on a normal probability distribution, the odds of Newcap Holding to drop to kr 0.07 or more in 90 days from now is about 10.09 (This Newcap Holding AS probability density function shows the probability of Newcap Stock to fall within a particular range of prices over 90 days) . Probability of Newcap Holding AS price to stay between kr 0.07 and its current price of kr0.0975 at the end of the 90-day period is about 19.08 .
Assuming the 90 days trading horizon Newcap Holding AS has a beta of -4.51. This indicates as returns on its benchmark rise, returns on holding Newcap Holding AS are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Newcap Holding is expected to outperform its benchmark. Moreover Newcap Holding AS has an alpha of 1.7578, implying that it can generate a 1.76 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Newcap Holding Price Density |
| Price |
Predictive Modules for Newcap Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Newcap Holding AS. 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.Newcap Holding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Newcap Holding is not an exception. The market had few large corrections towards the Newcap Holding'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 Newcap Holding AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Newcap Holding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.76 | |
β | Beta against Dow Jones | -4.51 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.04 |
Newcap Holding 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 Newcap Holding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Newcap Holding AS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Newcap Holding AS is way too risky over 90 days horizon | |
| Newcap Holding AS has some characteristics of a very speculative penny stock | |
| Newcap Holding AS appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (7.81 M) with loss before overhead, payroll, taxes, and interest of (922 K). | |
| Newcap Holding AS has accumulated about 3.13 M in cash with (3.52 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 36.0% of the company outstanding shares are owned by corporate insiders |
Newcap Holding 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 Newcap Stock often depends not only on the future outlook of the current and potential Newcap Holding'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. Newcap Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 125.5 M |
Newcap Holding Technical Analysis
Newcap Holding's future price can be derived by breaking down and analyzing its technical indicators over time. Newcap Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Newcap Holding AS. In general, you should focus on analyzing Newcap Stock price patterns and their correlations with different microeconomic environments and drivers.
Newcap Holding Predictive Forecast Models
Newcap Holding's time-series forecasting models is one of many Newcap Holding'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 Newcap Holding'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 Newcap Holding AS
Checking the ongoing alerts about Newcap Holding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Newcap Holding AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Newcap Holding AS is way too risky over 90 days horizon | |
| Newcap Holding AS has some characteristics of a very speculative penny stock | |
| Newcap Holding AS appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (7.81 M) with loss before overhead, payroll, taxes, and interest of (922 K). | |
| Newcap Holding AS has accumulated about 3.13 M in cash with (3.52 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 36.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Newcap Stock
Newcap Holding financial ratios help investors to determine whether Newcap 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 Newcap with respect to the benefits of owning Newcap Holding security.