Nuran Wireless Stock Probability of Future Pink Sheet Price Finishing Over 8.94
| NRRWF Stock | USD 0.06 0 3.19% |
NuRAN |
NuRAN Wireless Target Price Odds to finish over 8.94
The tendency of NuRAN 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 move over $ 8.94 or more in 90 days |
| 0.06 | 90 days | 8.94 | close to zero percent |
Based on a normal probability distribution, the odds of NuRAN Wireless to move over $ 8.94 or more in 90 days from now is close to zero percent (This NuRAN Wireless probability density function shows the probability of NuRAN Pink Sheet to fall within a particular range of prices over 90 days) . Probability of NuRAN Wireless price to stay between its current price of $ 0.06 and $ 8.94 at the end of the 90-day period is about 99.0 .
Assuming the 90 days horizon NuRAN Wireless has a beta of -1.2. This indicates as returns on its benchmark rise, returns on holding NuRAN Wireless are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, NuRAN Wireless is expected to outperform its benchmark. Additionally NuRAN Wireless 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. NuRAN Wireless Price Density |
| Price |
Predictive Modules for NuRAN Wireless
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NuRAN Wireless. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NuRAN Wireless' 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.
NuRAN Wireless Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NuRAN Wireless is not an exception. The market had few large corrections towards the NuRAN Wireless' 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 NuRAN Wireless, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NuRAN Wireless within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.55 | |
β | Beta against Dow Jones | -1.2 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.17 |
NuRAN Wireless 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 NuRAN Wireless for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NuRAN Wireless can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NuRAN Wireless generated a negative expected return over the last 90 days | |
| NuRAN Wireless has some characteristics of a very speculative penny stock | |
| NuRAN Wireless has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.83 M. Net Loss for the year was (12.82 M) with profit before overhead, payroll, taxes, and interest of 227.65 K. | |
| NuRAN Wireless has accumulated about 246.94 K in cash with (12.92 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
NuRAN Wireless Technical Analysis
NuRAN Wireless' future price can be derived by breaking down and analyzing its technical indicators over time. NuRAN Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NuRAN Wireless. In general, you should focus on analyzing NuRAN Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
NuRAN Wireless Predictive Forecast Models
NuRAN Wireless' time-series forecasting models is one of many NuRAN Wireless' 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 NuRAN Wireless' 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 NuRAN Wireless
Checking the ongoing alerts about NuRAN Wireless for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NuRAN Wireless help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NuRAN Wireless generated a negative expected return over the last 90 days | |
| NuRAN Wireless has some characteristics of a very speculative penny stock | |
| NuRAN Wireless has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.83 M. Net Loss for the year was (12.82 M) with profit before overhead, payroll, taxes, and interest of 227.65 K. | |
| NuRAN Wireless has accumulated about 246.94 K in cash with (12.92 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
Other Information on Investing in NuRAN Pink Sheet
NuRAN Wireless financial ratios help investors to determine whether NuRAN Pink Sheet 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 NuRAN with respect to the benefits of owning NuRAN Wireless security.