Nano Magic Probability of Future Pink Sheet Price Finishing Over 0.28
| NMGXDelisted Stock | USD 0.25 0.00 0.00% |
Nano |
Nano Magic Target Price Odds to finish over 0.28
The tendency of Nano 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 move over $ 0.28 or more in 90 days |
| 0.25 | 90 days | 0.28 | about 18.06 |
Based on a normal probability distribution, the odds of Nano Magic to move over $ 0.28 or more in 90 days from now is about 18.06 (This Nano Magic probability density function shows the probability of Nano Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Nano Magic price to stay between its current price of $ 0.25 and $ 0.28 at the end of the 90-day period is about 22.91 .
Given the investment horizon of 90 days Nano Magic has a beta of -0.29. This indicates as returns on the benchmark increase, returns on holding Nano Magic are expected to decrease at a much lower rate. During a bear market, however, Nano Magic is likely to outperform the market. In addition to that Nano Magic has an alpha of 4.2494, implying that it can generate a 4.25 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nano Magic Price Density |
| Price |
Predictive Modules for Nano Magic
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nano Magic. 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.Nano Magic Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nano Magic is not an exception. The market had few large corrections towards the Nano Magic'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 Nano Magic, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nano Magic within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 4.25 | |
β | Beta against Dow Jones | -0.29 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.10 |
Nano Magic 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 Nano Magic for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nano Magic can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nano Magic is not yet fully synchronised with the market data | |
| Nano Magic has some characteristics of a very speculative penny stock | |
| Nano Magic has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 5.04 M. Net Loss for the year was (1.57 M) with profit before overhead, payroll, taxes, and interest of 1.69 M. | |
| Nano Magic currently holds about 392.53 K in cash with (1.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 81.0% of the company outstanding shares are owned by corporate insiders |
Nano Magic 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 Nano Pink Sheet often depends not only on the future outlook of the current and potential Nano Magic'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. Nano Magic's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.7 M |
Nano Magic Technical Analysis
Nano Magic's future price can be derived by breaking down and analyzing its technical indicators over time. Nano Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nano Magic. In general, you should focus on analyzing Nano Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Nano Magic Predictive Forecast Models
Nano Magic's time-series forecasting models is one of many Nano Magic'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 Nano Magic'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 Nano Magic
Checking the ongoing alerts about Nano Magic for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nano Magic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nano Magic is not yet fully synchronised with the market data | |
| Nano Magic has some characteristics of a very speculative penny stock | |
| Nano Magic has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 5.04 M. Net Loss for the year was (1.57 M) with profit before overhead, payroll, taxes, and interest of 1.69 M. | |
| Nano Magic currently holds about 392.53 K in cash with (1.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 81.0% of the company outstanding shares are owned by corporate insiders |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Other Consideration for investing in Nano Pink Sheet
If you are still planning to invest in Nano Magic check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nano Magic's history and understand the potential risks before investing.
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