Navigator Global (Australia) Probability of Future Stock Price Finishing Over 7.84
| NGI Stock | 1.64 0.06 3.53% |
Navigator |
Navigator Global Target Price Odds to finish over 7.84
The tendency of Navigator 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 move over 7.84 or more in 90 days |
| 1.64 | 90 days | 7.84 | close to zero percent |
Based on a normal probability distribution, the odds of Navigator Global to move over 7.84 or more in 90 days from now is close to zero percent (This Navigator Global Investments probability density function shows the probability of Navigator Stock to fall within a particular range of prices over 90 days) . Probability of Navigator Global Inv price to stay between its current price of 1.64 and 7.84 at the end of the 90-day period is about 86.73 .
Assuming the 90 days trading horizon Navigator Global Investments has a beta of -0.28. This indicates as returns on the benchmark increase, returns on holding Navigator Global are expected to decrease at a much lower rate. During a bear market, however, Navigator Global Investments is likely to outperform the market. Additionally Navigator Global Investments has an alpha of 0.0184, implying that it can generate a 0.0184 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Navigator Global Price Density |
| Price |
Predictive Modules for Navigator Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Navigator Global Inv. 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.Navigator Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Navigator Global is not an exception. The market had few large corrections towards the Navigator Global'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 Navigator Global Investments, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Navigator Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.28 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.07 |
Navigator Global 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 Navigator Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Navigator Global Inv can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Navigator Global Inv may become a speculative penny stock | |
| About 62.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: 3 ASX Penny Stocks With Market Caps Under A200M - Yahoo Finance Australia |
Navigator Global 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 Navigator Stock often depends not only on the future outlook of the current and potential Navigator Global'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. Navigator Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 443.8 M | |
| Cash And Short Term Investments | 61.6 M |
Navigator Global Technical Analysis
Navigator Global's future price can be derived by breaking down and analyzing its technical indicators over time. Navigator Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Navigator Global Investments. In general, you should focus on analyzing Navigator Stock price patterns and their correlations with different microeconomic environments and drivers.
Navigator Global Predictive Forecast Models
Navigator Global's time-series forecasting models is one of many Navigator Global'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 Navigator Global'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 Navigator Global Inv
Checking the ongoing alerts about Navigator Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Navigator Global Inv help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Navigator Global Inv may become a speculative penny stock | |
| About 62.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: 3 ASX Penny Stocks With Market Caps Under A200M - Yahoo Finance Australia |
Additional Tools for Navigator Stock Analysis
When running Navigator Global's price analysis, check to measure Navigator Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Navigator Global is operating at the current time. Most of Navigator Global's value examination focuses on studying past and present price action to predict the probability of Navigator Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Navigator Global's price. Additionally, you may evaluate how the addition of Navigator Global to your portfolios can decrease your overall portfolio volatility.