Newhydrogen Stock Probability of Future Pink Sheet Price Finishing Under 0.003281
| NEWH Stock | USD 0 0.0004 11.76% |
Newhydrogen |
Newhydrogen Target Price Odds to finish below 0.003281
The tendency of Newhydrogen Pink Sheet 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 $ 0 after 90 days |
| 0 | 90 days | 0 | nearly 4.13 |
Based on a normal probability distribution, the odds of Newhydrogen to stay under $ 0 after 90 days from now is nearly 4.13 (This Newhydrogen probability density function shows the probability of Newhydrogen Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Newhydrogen price to stay between its current price of $ 0 and $ 0 at the end of the 90-day period is roughly 2.89 .
Given the investment horizon of 90 days Newhydrogen has a beta of -0.13. This indicates as returns on the benchmark increase, returns on holding Newhydrogen are expected to decrease at a much lower rate. During a bear market, however, Newhydrogen is likely to outperform the market. Additionally Newhydrogen 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. Newhydrogen Price Density |
| Price |
Predictive Modules for Newhydrogen
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Newhydrogen. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Newhydrogen's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Newhydrogen Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Newhydrogen is not an exception. The market had few large corrections towards the Newhydrogen'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 Newhydrogen, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Newhydrogen within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 0.0006 | |
Ir | Information ratio | -0.03 |
Newhydrogen 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 Newhydrogen for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Newhydrogen can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Newhydrogen generated a negative expected return over the last 90 days | |
| Newhydrogen has high historical volatility and very poor performance | |
| Newhydrogen has some characteristics of a very speculative penny stock | |
| Newhydrogen currently holds about 5.78 M in cash with (2.08 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Newhydrogen 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 Newhydrogen Pink Sheet often depends not only on the future outlook of the current and potential Newhydrogen'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. Newhydrogen's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.1 B | |
| Cash And Short Term Investments | 6.6 M |
Newhydrogen Technical Analysis
Newhydrogen's future price can be derived by breaking down and analyzing its technical indicators over time. Newhydrogen Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Newhydrogen. In general, you should focus on analyzing Newhydrogen Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Newhydrogen Predictive Forecast Models
Newhydrogen's time-series forecasting models is one of many Newhydrogen's pink sheet 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 Newhydrogen'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Newhydrogen
Checking the ongoing alerts about Newhydrogen for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Newhydrogen help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Newhydrogen generated a negative expected return over the last 90 days | |
| Newhydrogen has high historical volatility and very poor performance | |
| Newhydrogen has some characteristics of a very speculative penny stock | |
| Newhydrogen currently holds about 5.78 M in cash with (2.08 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Other Information on Investing in Newhydrogen Pink Sheet
Newhydrogen financial ratios help investors to determine whether Newhydrogen Pink Sheet 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 Newhydrogen with respect to the benefits of owning Newhydrogen security.