Nagarro Se Stock Probability of Future Pink Sheet Price Finishing Under 101.49
| NGRRF Stock | USD 104.69 2.73 2.68% |
Nagarro |
Nagarro SE Target Price Odds to finish below 101.49
The tendency of Nagarro 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 $ 101.49 or more in 90 days |
| 104.69 | 90 days | 101.49 | about 80.3 |
Based on a normal probability distribution, the odds of Nagarro SE to drop to $ 101.49 or more in 90 days from now is about 80.3 (This Nagarro SE probability density function shows the probability of Nagarro Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Nagarro SE price to stay between $ 101.49 and its current price of $104.69 at the end of the 90-day period is about 9.13 .
Assuming the 90 days horizon Nagarro SE has a beta of -0.55. This indicates as returns on the benchmark increase, returns on holding Nagarro SE are expected to decrease at a much lower rate. During a bear market, however, Nagarro SE is likely to outperform the market. Additionally Nagarro SE has an alpha of 0.4477, implying that it can generate a 0.45 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nagarro SE Price Density |
| Price |
Predictive Modules for Nagarro SE
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nagarro SE. 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.Nagarro SE Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nagarro SE is not an exception. The market had few large corrections towards the Nagarro SE'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 Nagarro SE, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nagarro SE within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.45 | |
β | Beta against Dow Jones | -0.55 | |
σ | Overall volatility | 8.01 | |
Ir | Information ratio | 0.07 |
Nagarro SE 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 Nagarro SE for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nagarro SE can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nagarro SE had very high historical volatility over the last 90 days | |
| About 49.0% of the company outstanding shares are owned by corporate insiders |
Nagarro SE 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 Nagarro Pink Sheet often depends not only on the future outlook of the current and potential Nagarro SE'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. Nagarro SE's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.8 M |
Nagarro SE Technical Analysis
Nagarro SE's future price can be derived by breaking down and analyzing its technical indicators over time. Nagarro Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nagarro SE. In general, you should focus on analyzing Nagarro Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Nagarro SE Predictive Forecast Models
Nagarro SE's time-series forecasting models is one of many Nagarro SE'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 Nagarro SE'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 Nagarro SE
Checking the ongoing alerts about Nagarro SE for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nagarro SE help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nagarro SE had very high historical volatility over the last 90 days | |
| About 49.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Nagarro Pink Sheet
Nagarro SE financial ratios help investors to determine whether Nagarro 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 Nagarro with respect to the benefits of owning Nagarro SE security.