Naphtha (Israel) Odds of Future Stock Price Finishing Under 2371.0
| NFTA Stock | ILS 2,524 10.00 0.39% |
Naphtha |
Naphtha Target Price Odds to finish below 2371.0
The tendency of Naphtha 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 S 2,371 or more in 90 days |
| 2,524 | 90 days | 2,371 | about 87.67 |
Based on a normal probability distribution, the odds of Naphtha to drop to S 2,371 or more in 90 days from now is about 87.67 (This Naphtha probability density function shows the probability of Naphtha Stock to fall within a particular range of prices over 90 days) . Probability of Naphtha price to stay between S 2,371 and its current price of S2524.0 at the end of the 90-day period is about 11.32 .
Assuming the 90 days trading horizon Naphtha has a beta of -0.46. This indicates as returns on the benchmark increase, returns on holding Naphtha are expected to decrease at a much lower rate. During a bear market, however, Naphtha is likely to outperform the market. Additionally Naphtha has an alpha of 0.1612, implying that it can generate a 0.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Naphtha Price Density |
| Price |
Predictive Modules for Naphtha
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Naphtha. 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.Naphtha Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Naphtha is not an exception. The market had few large corrections towards the Naphtha'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 Naphtha, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Naphtha within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | -0.46 | |
σ | Overall volatility | 127.37 | |
Ir | Information ratio | -0.0078 |
Naphtha 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 Naphtha for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Naphtha can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Naphtha has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 67.0% of the company outstanding shares are owned by corporate insiders |
Naphtha 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 Naphtha Stock often depends not only on the future outlook of the current and potential Naphtha'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. Naphtha's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 95.1 M |
Naphtha Technical Analysis
Naphtha's future price can be derived by breaking down and analyzing its technical indicators over time. Naphtha Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Naphtha. In general, you should focus on analyzing Naphtha Stock price patterns and their correlations with different microeconomic environments and drivers.
Naphtha Predictive Forecast Models
Naphtha's time-series forecasting models is one of many Naphtha'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 Naphtha'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 Naphtha
Checking the ongoing alerts about Naphtha for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Naphtha help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Naphtha has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 67.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Naphtha Stock
Naphtha financial ratios help investors to determine whether Naphtha 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 Naphtha with respect to the benefits of owning Naphtha security.