Next Mediaworks (India) Probability of Future Stock Price Finishing Over 8.02
| NEXTMEDIA | 9.14 0.20 2.14% |
Next |
Next Mediaworks Target Price Odds to finish over 8.02
The tendency of Next 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 above 8.02 in 90 days |
| 9.14 | 90 days | 8.02 | about 32.97 |
Based on a normal probability distribution, the odds of Next Mediaworks to stay above 8.02 in 90 days from now is about 32.97 (This Next Mediaworks Limited probability density function shows the probability of Next Stock to fall within a particular range of prices over 90 days) . Probability of Next Mediaworks price to stay between 8.02 and its current price of 9.14 at the end of the 90-day period is about 27.97 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.14 . This indicates Next Mediaworks Limited market returns are highly-sensitive to returns on the market. As the market goes up or down, Next Mediaworks is expected to follow. Additionally Next Mediaworks Limited has an alpha of 0.194, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Next Mediaworks Price Density |
| Price |
Predictive Modules for Next Mediaworks
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Next Mediaworks. 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.Next Mediaworks Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Next Mediaworks is not an exception. The market had few large corrections towards the Next Mediaworks' 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 Next Mediaworks Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Next Mediaworks within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | 1.14 | |
σ | Overall volatility | 0.93 | |
Ir | Information ratio | 0.05 |
Next Mediaworks 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 Next Mediaworks for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Next Mediaworks can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Next Mediaworks had very high historical volatility over the last 90 days | |
| Next Mediaworks has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 383.7 M. Net Loss for the year was (221.8 M) with profit before overhead, payroll, taxes, and interest of 132.9 M. | |
| About 82.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Shares below Rs 100 Only buyers were seen in these stocks on November 22 - Dalal Street Investment Journal |
Next Mediaworks 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 Next Stock often depends not only on the future outlook of the current and potential Next Mediaworks' 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. Next Mediaworks' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 66.9 M | |
| Cash And Short Term Investments | 99.3 M |
Next Mediaworks Technical Analysis
Next Mediaworks' future price can be derived by breaking down and analyzing its technical indicators over time. Next Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Next Mediaworks Limited. In general, you should focus on analyzing Next Stock price patterns and their correlations with different microeconomic environments and drivers.
Next Mediaworks Predictive Forecast Models
Next Mediaworks' time-series forecasting models is one of many Next Mediaworks' 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 Next Mediaworks' 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 Next Mediaworks
Checking the ongoing alerts about Next Mediaworks for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Next Mediaworks help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Next Mediaworks had very high historical volatility over the last 90 days | |
| Next Mediaworks has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 383.7 M. Net Loss for the year was (221.8 M) with profit before overhead, payroll, taxes, and interest of 132.9 M. | |
| About 82.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Shares below Rs 100 Only buyers were seen in these stocks on November 22 - Dalal Street Investment Journal |
Other Information on Investing in Next Stock
Next Mediaworks financial ratios help investors to determine whether Next 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 Next with respect to the benefits of owning Next Mediaworks security.