Noble Romans Stock Probability of Future OTC Stock Price Finishing Under 0.28
| NROM Stock | USD 0.32 0.03 8.57% |
Noble |
Noble Romans Target Price Odds to finish below 0.28
The tendency of Noble 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 drop to $ 0.28 or more in 90 days |
| 0.32 | 90 days | 0.28 | near 1 |
Based on a normal probability distribution, the odds of Noble Romans to drop to $ 0.28 or more in 90 days from now is near 1 (This Noble Romans probability density function shows the probability of Noble OTC Stock to fall within a particular range of prices over 90 days) . Probability of Noble Romans price to stay between $ 0.28 and its current price of $0.32 at the end of the 90-day period is about 14.25 .
Given the investment horizon of 90 days the otc stock has the beta coefficient of 1.65 . 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, Noble Romans will likely underperform. Additionally Noble Romans has an alpha of 0.4967, implying that it can generate a 0.5 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Noble Romans Price Density |
| Price |
Predictive Modules for Noble Romans
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Noble Romans. 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.Noble Romans Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Noble Romans is not an exception. The market had few large corrections towards the Noble Romans' 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 Noble Romans, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Noble Romans within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.50 | |
β | Beta against Dow Jones | 1.65 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | 0.06 |
Noble Romans 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 Noble Romans for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Noble Romans can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Noble Romans had very high historical volatility over the last 90 days | |
| Noble Romans has some characteristics of a very speculative penny stock | |
| About 29.0% of the company outstanding shares are owned by corporate insiders |
Noble Romans 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 Noble OTC Stock often depends not only on the future outlook of the current and potential Noble Romans' 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. Noble Romans' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.2 M |
Noble Romans Technical Analysis
Noble Romans' future price can be derived by breaking down and analyzing its technical indicators over time. Noble OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Noble Romans. In general, you should focus on analyzing Noble OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Noble Romans Predictive Forecast Models
Noble Romans' time-series forecasting models is one of many Noble Romans' 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 Noble Romans' 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 Noble Romans
Checking the ongoing alerts about Noble Romans for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Noble Romans help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Noble Romans had very high historical volatility over the last 90 days | |
| Noble Romans has some characteristics of a very speculative penny stock | |
| About 29.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Noble OTC Stock
Noble Romans financial ratios help investors to determine whether Noble OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Noble with respect to the benefits of owning Noble Romans security.