New Energy Metals Stock Probability of Future OTC Stock Price Finishing Over 0.3069
| NRGYF Stock | 0.31 0.00 0.00% |
New |
New Energy Target Price Odds to finish over 0.3069
The tendency of New OTC 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 move above the current price in 90 days |
| 0.31 | 90 days | 0.31 | about 11.86 |
Based on a normal probability distribution, the odds of New Energy to move above the current price in 90 days from now is about 11.86 (This New Energy Metals probability density function shows the probability of New OTC Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon the otc stock has the beta coefficient of 3.8 . 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, New Energy will likely underperform. In addition to that New Energy Metals has an alpha of 2.9599, implying that it can generate a 2.96 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). New Energy Price Density |
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Predictive Modules for New Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as New Energy Metals. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 New Energy'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.
New Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. New Energy is not an exception. The market had few large corrections towards the New Energy'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 New Energy Metals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of New Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.96 | |
β | Beta against Dow Jones | 3.80 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | 0.13 |
New Energy 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 New Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for New Energy Metals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| New Energy Metals is way too risky over 90 days horizon | |
| New Energy Metals has some characteristics of a very speculative penny stock | |
| New Energy Metals appears to be risky and price may revert if volatility continues |
New Energy Technical Analysis
New Energy's future price can be derived by breaking down and analyzing its technical indicators over time. New OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of New Energy Metals. In general, you should focus on analyzing New OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
New Energy Predictive Forecast Models
New Energy's time-series forecasting models is one of many New Energy's otc 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 New Energy'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 otc stock market movement and maximize returns from investment trading.
Things to note about New Energy Metals
Checking the ongoing alerts about New Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for New Energy Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| New Energy Metals is way too risky over 90 days horizon | |
| New Energy Metals has some characteristics of a very speculative penny stock | |
| New Energy Metals appears to be risky and price may revert if volatility continues |