NiHAO Mineral (Philippines) Probability of Future Stock Price Finishing Over 19.60
| NI Stock | 0.44 0.00 0.00% |
NiHAO |
NiHAO Mineral Target Price Odds to finish over 19.60
The tendency of NiHAO 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 19.60 or more in 90 days |
| 0.44 | 90 days | 19.60 | close to zero percent |
Based on a normal probability distribution, the odds of NiHAO Mineral to move over 19.60 or more in 90 days from now is close to zero percent (This NiHAO Mineral Resources probability density function shows the probability of NiHAO Stock to fall within a particular range of prices over 90 days) . Probability of NiHAO Mineral Resources price to stay between its current price of 0.44 and 19.60 at the end of the 90-day period is more than 94.0 .
Assuming the 90 days trading horizon NiHAO Mineral Resources has a beta of -0.38. This indicates as returns on the benchmark increase, returns on holding NiHAO Mineral are expected to decrease at a much lower rate. During a bear market, however, NiHAO Mineral Resources is likely to outperform the market. Additionally NiHAO Mineral Resources has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. NiHAO Mineral Price Density |
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Predictive Modules for NiHAO Mineral
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NiHAO Mineral Resources. 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.NiHAO Mineral Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NiHAO Mineral is not an exception. The market had few large corrections towards the NiHAO Mineral'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 NiHAO Mineral Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NiHAO Mineral within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.83 | |
β | Beta against Dow Jones | -0.38 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | -0.15 |
NiHAO Mineral 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 NiHAO Mineral for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NiHAO Mineral Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NiHAO Mineral is not yet fully synchronised with the market data | |
| NiHAO Mineral generated a negative expected return over the last 90 days | |
| NiHAO Mineral has high historical volatility and very poor performance | |
| NiHAO Mineral has some characteristics of a very speculative penny stock | |
| NiHAO Mineral has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.05 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| NiHAO Mineral generates negative cash flow from operations |
NiHAO Mineral 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 NiHAO Stock often depends not only on the future outlook of the current and potential NiHAO Mineral'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. NiHAO Mineral's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1 B | |
| Cash And Short Term Investments | 93 M |
NiHAO Mineral Technical Analysis
NiHAO Mineral's future price can be derived by breaking down and analyzing its technical indicators over time. NiHAO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NiHAO Mineral Resources. In general, you should focus on analyzing NiHAO Stock price patterns and their correlations with different microeconomic environments and drivers.
NiHAO Mineral Predictive Forecast Models
NiHAO Mineral's time-series forecasting models is one of many NiHAO Mineral'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 NiHAO Mineral'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 NiHAO Mineral Resources
Checking the ongoing alerts about NiHAO Mineral for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NiHAO Mineral Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NiHAO Mineral is not yet fully synchronised with the market data | |
| NiHAO Mineral generated a negative expected return over the last 90 days | |
| NiHAO Mineral has high historical volatility and very poor performance | |
| NiHAO Mineral has some characteristics of a very speculative penny stock | |
| NiHAO Mineral has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.05 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| NiHAO Mineral generates negative cash flow from operations |
Other Information on Investing in NiHAO Stock
NiHAO Mineral financial ratios help investors to determine whether NiHAO 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 NiHAO with respect to the benefits of owning NiHAO Mineral security.