Nerdy Inc Stock Chance of Future Stock Price Finishing Under 2.01
| NRDY Stock | USD 1.47 0.08 5.76% |
Nerdy |
Nerdy Target Price Odds to finish below 2.01
The tendency of Nerdy 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 $ 2.01 after 90 days |
| 1.47 | 90 days | 2.01 | close to 99 |
Based on a normal probability distribution, the odds of Nerdy to stay under $ 2.01 after 90 days from now is close to 99 (This Nerdy Inc probability density function shows the probability of Nerdy Stock to fall within a particular range of prices over 90 days) . Probability of Nerdy Inc price to stay between its current price of $ 1.47 and $ 2.01 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days Nerdy has a beta of 0.47. This indicates as returns on the market go up, Nerdy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nerdy Inc will be expected to be much smaller as well. Additionally Nerdy Inc has an alpha of 0.3952, implying that it can generate a 0.4 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nerdy Price Density |
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Predictive Modules for Nerdy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nerdy Inc. 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 Nerdy'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.
Nerdy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nerdy is not an exception. The market had few large corrections towards the Nerdy'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 Nerdy Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nerdy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.40 | |
β | Beta against Dow Jones | 0.47 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | 0.06 |
Nerdy 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 Nerdy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nerdy Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nerdy Inc is way too risky over 90 days horizon | |
| Nerdy Inc may become a speculative penny stock | |
| Nerdy Inc appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 193.4 M. Net Loss for the year was (40.17 M) with profit before overhead, payroll, taxes, and interest of 112.93 M. | |
| Nerdy Inc currently holds about 120.98 M in cash with (7.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.32. | |
| Nerdy Inc has a frail financial position based on the latest SEC disclosures | |
| Roughly 41.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from simplywall.st: Nerdy, Inc.s Shares Bounce 31 percent But Its Business Still Trails The Industry |
Nerdy 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 Nerdy Stock often depends not only on the future outlook of the current and potential Nerdy'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. Nerdy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 97.2 M | |
| Cash And Short Term Investments | 74.8 M |
Nerdy Technical Analysis
Nerdy's future price can be derived by breaking down and analyzing its technical indicators over time. Nerdy Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nerdy Inc. In general, you should focus on analyzing Nerdy Stock price patterns and their correlations with different microeconomic environments and drivers.
Nerdy Predictive Forecast Models
Nerdy's time-series forecasting models is one of many Nerdy'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 Nerdy'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 Nerdy Inc
Checking the ongoing alerts about Nerdy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nerdy Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nerdy Inc is way too risky over 90 days horizon | |
| Nerdy Inc may become a speculative penny stock | |
| Nerdy Inc appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 193.4 M. Net Loss for the year was (40.17 M) with profit before overhead, payroll, taxes, and interest of 112.93 M. | |
| Nerdy Inc currently holds about 120.98 M in cash with (7.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.32. | |
| Nerdy Inc has a frail financial position based on the latest SEC disclosures | |
| Roughly 41.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from simplywall.st: Nerdy, Inc.s Shares Bounce 31 percent But Its Business Still Trails The Industry |
Additional Tools for Nerdy Stock Analysis
When running Nerdy's price analysis, check to measure Nerdy'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 Nerdy is operating at the current time. Most of Nerdy's value examination focuses on studying past and present price action to predict the probability of Nerdy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nerdy's price. Additionally, you may evaluate how the addition of Nerdy to your portfolios can decrease your overall portfolio volatility.