Nextgen Food Robotics Stock Probability of Future Pink Sheet Price Finishing Under 0.0458
| NGRBF Stock | 0.05 0 2.22% |
Nextgen |
Nextgen Food Target Price Odds to finish below 0.0458
The tendency of Nextgen 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 drop to 0.05 or more in 90 days |
| 0.05 | 90 days | 0.05 | about 41.38 |
Based on a normal probability distribution, the odds of Nextgen Food to drop to 0.05 or more in 90 days from now is about 41.38 (This Nextgen Food Robotics probability density function shows the probability of Nextgen Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Nextgen Food Robotics price to stay between 0.05 and its current price of 0.046 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 5.84 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Nextgen Food will likely underperform. Moreover Nextgen Food Robotics has an alpha of 1.0962, implying that it can generate a 1.1 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nextgen Food Price Density |
| Price |
Predictive Modules for Nextgen Food
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nextgen Food Robotics. 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as Nextgen Food. Your research has to be compared to or analyzed against Nextgen Food's peers to derive any actionable benefits. When done correctly, Nextgen Food's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Nextgen Food Robotics.Nextgen Food Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nextgen Food is not an exception. The market had few large corrections towards the Nextgen Food'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 Nextgen Food Robotics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nextgen Food within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.10 | |
β | Beta against Dow Jones | 5.84 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.08 |
Nextgen Food 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 Nextgen Food for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nextgen Food Robotics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nextgen Food is way too risky over 90 days horizon | |
| Nextgen Food has some characteristics of a very speculative penny stock | |
| Nextgen Food appears to be risky and price may revert if volatility continues |
Nextgen Food Technical Analysis
Nextgen Food's future price can be derived by breaking down and analyzing its technical indicators over time. Nextgen Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nextgen Food Robotics. In general, you should focus on analyzing Nextgen Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Nextgen Food Predictive Forecast Models
Nextgen Food's time-series forecasting models is one of many Nextgen Food'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 Nextgen Food'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 Nextgen Food Robotics
Checking the ongoing alerts about Nextgen Food for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nextgen Food Robotics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nextgen Food is way too risky over 90 days horizon | |
| Nextgen Food has some characteristics of a very speculative penny stock | |
| Nextgen Food appears to be risky and price may revert if volatility continues |