NN Group (Netherlands) Odds of Future Stock Price Finishing Over 29.56
| NN Stock | EUR 43.97 0.35 0.80% |
NN Group |
NN Group Target Price Odds to finish over 29.56
The tendency of NN Group 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 stay above € 29.56 in 90 days |
| 43.97 | 90 days | 29.56 | close to 99 |
Based on a normal probability distribution, the odds of NN Group to stay above € 29.56 in 90 days from now is close to 99 (This NN Group NV probability density function shows the probability of NN Group Stock to fall within a particular range of prices over 90 days) . Probability of NN Group NV price to stay between € 29.56 and its current price of €43.97 at the end of the 90-day period is about 9.01 .
Assuming the 90 days horizon NN Group NV has a beta of -0.21. This indicates as returns on the benchmark increase, returns on holding NN Group are expected to decrease at a much lower rate. During a bear market, however, NN Group NV is likely to outperform the market. Additionally NN Group NV has an alpha of 0.0096, implying that it can generate a 0.009566 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). NN Group Price Density |
| Price |
Predictive Modules for NN Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NN Group NV. 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.NN Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NN Group is not an exception. The market had few large corrections towards the NN Group'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 NN Group NV, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NN Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.21 | |
σ | Overall volatility | 0.74 | |
Ir | Information ratio | -0.18 |
NN Group 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 NN Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NN Group NV can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NN Group NV generated a negative expected return over the last 90 days | |
| NN Group NV has accumulated about 13.72 B in cash with (2.59 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 44.26, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 62.0% of the company shares are owned by institutional investors |
NN Group 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 NN Group Stock often depends not only on the future outlook of the current and potential NN Group'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. NN Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 305.6 M |
NN Group Technical Analysis
NN Group's future price can be derived by breaking down and analyzing its technical indicators over time. NN Group Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NN Group NV. In general, you should focus on analyzing NN Group Stock price patterns and their correlations with different microeconomic environments and drivers.
NN Group Predictive Forecast Models
NN Group's time-series forecasting models is one of many NN Group'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 NN Group'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 NN Group NV
Checking the ongoing alerts about NN Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NN Group NV help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NN Group NV generated a negative expected return over the last 90 days | |
| NN Group NV has accumulated about 13.72 B in cash with (2.59 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 44.26, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 62.0% of the company shares are owned by institutional investors |
Additional Tools for NN Group Stock Analysis
When running NN Group's price analysis, check to measure NN Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NN Group is operating at the current time. Most of NN Group's value examination focuses on studying past and present price action to predict the probability of NN Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NN Group's price. Additionally, you may evaluate how the addition of NN Group to your portfolios can decrease your overall portfolio volatility.