NPF MICRO (Nigeria) Probability of Future Stock Price Finishing Under 1.57
| NPFMCRFBK | 1.50 0.06 3.85% |
NPF |
NPF MICRO Target Price Odds to finish below 1.57
The tendency of NPF 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 under 1.57 after 90 days |
| 1.50 | 90 days | 1.57 | about 32.08 |
Based on a normal probability distribution, the odds of NPF MICRO to stay under 1.57 after 90 days from now is about 32.08 (This NPF MICRO FINANCE probability density function shows the probability of NPF Stock to fall within a particular range of prices over 90 days) . Probability of NPF MICRO FINANCE price to stay between its current price of 1.50 and 1.57 at the end of the 90-day period is about 21.98 .
Assuming the 90 days trading horizon NPF MICRO FINANCE has a beta of -0.0094. This indicates as returns on the benchmark increase, returns on holding NPF MICRO are expected to decrease at a much lower rate. During a bear market, however, NPF MICRO FINANCE is likely to outperform the market. Additionally NPF MICRO FINANCE 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. NPF MICRO Price Density |
| Price |
Predictive Modules for NPF MICRO
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NPF MICRO FINANCE. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NPF MICRO's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
NPF MICRO Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NPF MICRO is not an exception. The market had few large corrections towards the NPF MICRO'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 NPF MICRO FINANCE, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NPF MICRO within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | -0.0094 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.09 |
NPF MICRO 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 NPF MICRO for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NPF MICRO FINANCE can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NPF MICRO FINANCE generated a negative expected return over the last 90 days | |
| NPF MICRO FINANCE may become a speculative penny stock |
NPF MICRO Technical Analysis
NPF MICRO's future price can be derived by breaking down and analyzing its technical indicators over time. NPF Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NPF MICRO FINANCE. In general, you should focus on analyzing NPF Stock price patterns and their correlations with different microeconomic environments and drivers.
NPF MICRO Predictive Forecast Models
NPF MICRO's time-series forecasting models is one of many NPF MICRO'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 NPF MICRO'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 NPF MICRO FINANCE
Checking the ongoing alerts about NPF MICRO for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NPF MICRO FINANCE help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NPF MICRO FINANCE generated a negative expected return over the last 90 days | |
| NPF MICRO FINANCE may become a speculative penny stock |