Nouveau Monde Graphite Stock Probability of Future Stock Price Finishing Over 1.26
| NMG Stock | USD 1.26 0.01 0.80% |
Nouveau |
Nouveau Monde Target Price Odds to finish over 1.26
The tendency of Nouveau 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 above the current price in 90 days |
| 1.26 | 90 days | 1.26 | over 95.99 |
Based on a normal probability distribution, the odds of Nouveau Monde to move above the current price in 90 days from now is over 95.99 (This Nouveau Monde Graphite probability density function shows the probability of Nouveau Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon Nouveau Monde has a beta of 0.53. This indicates as returns on the market go up, Nouveau Monde average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nouveau Monde Graphite will be expected to be much smaller as well. Additionally Nouveau Monde Graphite 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. Nouveau Monde Price Density |
| Price |
Predictive Modules for Nouveau Monde
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nouveau Monde Graphite. 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.Nouveau Monde Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nouveau Monde is not an exception. The market had few large corrections towards the Nouveau Monde'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 Nouveau Monde Graphite, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nouveau Monde within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.47 | |
β | Beta against Dow Jones | 0.53 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.2 |
Nouveau Monde 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 Nouveau Monde for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nouveau Monde Graphite can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nouveau Monde generated a negative expected return over the last 90 days | |
| Nouveau Monde may become a speculative penny stock | |
| Nouveau Monde has a very high chance of going through financial distress in the upcoming years | |
| Reported Net Loss for the year was (55.98 M) with loss before taxes, overhead, and interest of (19.09 M). | |
| Nouveau Monde Graphite has about 32.11 M in cash with (39.52 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.58. | |
| Nouveau Monde has a frail financial position based on the latest SEC disclosures | |
| Roughly 46.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Nouveau Monde Graphite Reports Asset Growth Amid Losses - TipRanks |
Nouveau Monde 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 Nouveau Stock often depends not only on the future outlook of the current and potential Nouveau Monde'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. Nouveau Monde's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 60.1 M | |
| Cash And Short Term Investments | 36.3 M |
Nouveau Monde Technical Analysis
Nouveau Monde's future price can be derived by breaking down and analyzing its technical indicators over time. Nouveau Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nouveau Monde Graphite. In general, you should focus on analyzing Nouveau Stock price patterns and their correlations with different microeconomic environments and drivers.
Nouveau Monde Predictive Forecast Models
Nouveau Monde's time-series forecasting models is one of many Nouveau Monde'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 Nouveau Monde'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 Nouveau Monde Graphite
Checking the ongoing alerts about Nouveau Monde for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nouveau Monde Graphite help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nouveau Monde generated a negative expected return over the last 90 days | |
| Nouveau Monde may become a speculative penny stock | |
| Nouveau Monde has a very high chance of going through financial distress in the upcoming years | |
| Reported Net Loss for the year was (55.98 M) with loss before taxes, overhead, and interest of (19.09 M). | |
| Nouveau Monde Graphite has about 32.11 M in cash with (39.52 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.58. | |
| Nouveau Monde has a frail financial position based on the latest SEC disclosures | |
| Roughly 46.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Nouveau Monde Graphite Reports Asset Growth Amid Losses - TipRanks |
Check out Nouveau Monde Backtesting, Nouveau Monde Valuation, Nouveau Monde Correlation, Nouveau Monde Hype Analysis, Nouveau Monde Volatility, Nouveau Monde History as well as Nouveau Monde Performance. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nouveau Monde. If investors know Nouveau will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nouveau Monde listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.57) | Return On Assets (0.33) | Return On Equity (0.77) |
The market value of Nouveau Monde Graphite is measured differently than its book value, which is the value of Nouveau that is recorded on the company's balance sheet. Investors also form their own opinion of Nouveau Monde's value that differs from its market value or its book value, called intrinsic value, which is Nouveau Monde's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nouveau Monde's market value can be influenced by many factors that don't directly affect Nouveau Monde's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nouveau Monde's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nouveau Monde is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nouveau Monde's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.