Nippon Sheet Glass Stock Probability of Future Pink Sheet Price Finishing Under 4.05
| NPSGY Stock | USD 2.50 0.00 0.00% |
Nippon |
Nippon Sheet Target Price Odds to finish below 4.05
The tendency of Nippon 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 stay under $ 4.05 after 90 days |
| 2.50 | 90 days | 4.05 | close to 99 |
Based on a normal probability distribution, the odds of Nippon Sheet to stay under $ 4.05 after 90 days from now is close to 99 (This Nippon Sheet Glass probability density function shows the probability of Nippon Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Nippon Sheet Glass price to stay between its current price of $ 2.50 and $ 4.05 at the end of the 90-day period is over 95.9 .
Assuming the 90 days horizon Nippon Sheet has a beta of 0.0113. This indicates as returns on the market go up, Nippon Sheet average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nippon Sheet Glass will be expected to be much smaller as well. Additionally Nippon Sheet Glass 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. Nippon Sheet Price Density |
| Price |
Predictive Modules for Nippon Sheet
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nippon Sheet Glass. 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.Nippon Sheet Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nippon Sheet is not an exception. The market had few large corrections towards the Nippon Sheet'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 Nippon Sheet Glass, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nippon Sheet within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.48 |
Nippon Sheet 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 Nippon Sheet for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nippon Sheet Glass can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nippon Sheet Glass generated a negative expected return over the last 90 days | |
| Nippon Sheet Glass has accumulated 352.02 B in total debt with debt to equity ratio (D/E) of 2.35, implying the company greatly relies on financing operations through barrowing. Nippon Sheet Glass has a current ratio of 0.95, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Nippon Sheet until it has trouble settling it off, either with new capital or with free cash flow. So, Nippon Sheet's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nippon Sheet Glass sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nippon to invest in growth at high rates of return. When we think about Nippon Sheet's use of debt, we should always consider it together with cash and equity. |
Nippon Sheet 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 Nippon Pink Sheet often depends not only on the future outlook of the current and potential Nippon Sheet'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. Nippon Sheet's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 91 M |
Nippon Sheet Technical Analysis
Nippon Sheet's future price can be derived by breaking down and analyzing its technical indicators over time. Nippon Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nippon Sheet Glass. In general, you should focus on analyzing Nippon Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Nippon Sheet Predictive Forecast Models
Nippon Sheet's time-series forecasting models is one of many Nippon Sheet'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 Nippon Sheet'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 Nippon Sheet Glass
Checking the ongoing alerts about Nippon Sheet for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nippon Sheet Glass help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nippon Sheet Glass generated a negative expected return over the last 90 days | |
| Nippon Sheet Glass has accumulated 352.02 B in total debt with debt to equity ratio (D/E) of 2.35, implying the company greatly relies on financing operations through barrowing. Nippon Sheet Glass has a current ratio of 0.95, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Nippon Sheet until it has trouble settling it off, either with new capital or with free cash flow. So, Nippon Sheet's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nippon Sheet Glass sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nippon to invest in growth at high rates of return. When we think about Nippon Sheet's use of debt, we should always consider it together with cash and equity. |
Additional Tools for Nippon Pink Sheet Analysis
When running Nippon Sheet's price analysis, check to measure Nippon Sheet'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 Nippon Sheet is operating at the current time. Most of Nippon Sheet's value examination focuses on studying past and present price action to predict the probability of Nippon Sheet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nippon Sheet's price. Additionally, you may evaluate how the addition of Nippon Sheet to your portfolios can decrease your overall portfolio volatility.