National Research Corp Stock Probability of Future Stock Price Finishing Under 20.37
| NRC Stock | USD 19.66 0.18 0.92% |
National |
National Research Target Price Odds to finish below 20.37
The tendency of National 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 $ 20.37 after 90 days |
| 19.66 | 90 days | 20.37 | about 54.18 |
Based on a normal probability distribution, the odds of National Research to stay under $ 20.37 after 90 days from now is about 54.18 (This National Research Corp probability density function shows the probability of National Stock to fall within a particular range of prices over 90 days) . Probability of National Research Corp price to stay between its current price of $ 19.66 and $ 20.37 at the end of the 90-day period is about 19.04 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.77 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, National Research will likely underperform. Additionally National Research Corp 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. National Research Price Density |
| Price |
Predictive Modules for National Research
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as National Research Corp. 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.National Research Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. National Research is not an exception. The market had few large corrections towards the National Research'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 National Research Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of National Research within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.37 | |
β | Beta against Dow Jones | 1.77 | |
σ | Overall volatility | 1.46 | |
Ir | Information ratio | -0.11 |
National Research 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 National Research for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for National Research Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| National Research generated a negative expected return over the last 90 days | |
| National Research has a frail financial position based on the latest SEC disclosures | |
| About 37.0% of the company outstanding shares are owned by corporate insiders | |
| On 11th of October 2024 National Research paid $ 0.12 per share dividend to its current shareholders | |
| Latest headline from businesswire.com: Signature Healthcare Elevates Patient Experience and Workforce Engagement Through Strategic Partnership With NRC Health |
National Research 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 National Stock often depends not only on the future outlook of the current and potential National Research'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. National Research's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 24.7 M | |
| Cash And Short Term Investments | 6.7 M |
National Research Technical Analysis
National Research's future price can be derived by breaking down and analyzing its technical indicators over time. National Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of National Research Corp. In general, you should focus on analyzing National Stock price patterns and their correlations with different microeconomic environments and drivers.
National Research Predictive Forecast Models
National Research's time-series forecasting models is one of many National Research'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 National Research'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 National Research Corp
Checking the ongoing alerts about National Research for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for National Research Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| National Research generated a negative expected return over the last 90 days | |
| National Research has a frail financial position based on the latest SEC disclosures | |
| About 37.0% of the company outstanding shares are owned by corporate insiders | |
| On 11th of October 2024 National Research paid $ 0.12 per share dividend to its current shareholders | |
| Latest headline from businesswire.com: Signature Healthcare Elevates Patient Experience and Workforce Engagement Through Strategic Partnership With NRC Health |
Check out National Research Backtesting, National Research Valuation, National Research Correlation, National Research Hype Analysis, National Research Volatility, National Research History as well as National Research Performance. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Health Care Providers & Services 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 National Research. If investors know National 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 National Research listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.25) | Dividend Share 0.48 | Earnings Share 1.12 | Revenue Per Share 6.013 | Quarterly Revenue Growth (0.06) |
The market value of National Research Corp is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Research's value that differs from its market value or its book value, called intrinsic value, which is National Research'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 National Research's market value can be influenced by many factors that don't directly affect National Research'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 National Research's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Research is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Research'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.