Nstar Electric Stock Probability of Future Pink Sheet Price Finishing Over 84.65
| NSARO Stock | USD 84.00 0.50 0.60% |
NSTAR |
NSTAR Electric Target Price Odds to finish over 84.65
The tendency of NSTAR 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 $ 84.65 or more in 90 days |
| 84.00 | 90 days | 84.65 | roughly 2.15 |
Based on a normal probability distribution, the odds of NSTAR Electric to move over $ 84.65 or more in 90 days from now is roughly 2.15 (This NSTAR Electric probability density function shows the probability of NSTAR Pink Sheet to fall within a particular range of prices over 90 days) . Probability of NSTAR Electric price to stay between its current price of $ 84.00 and $ 84.65 at the end of the 90-day period is about 8.25 .
Assuming the 90 days horizon NSTAR Electric has a beta of -0.0247. This indicates as returns on the benchmark increase, returns on holding NSTAR Electric are expected to decrease at a much lower rate. During a bear market, however, NSTAR Electric is likely to outperform the market. Additionally NSTAR Electric has an alpha of 0.0347, implying that it can generate a 0.0347 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). NSTAR Electric Price Density |
| Price |
Predictive Modules for NSTAR Electric
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NSTAR Electric. 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.NSTAR Electric Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NSTAR Electric is not an exception. The market had few large corrections towards the NSTAR Electric'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 NSTAR Electric, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NSTAR Electric within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.85 | |
Ir | Information ratio | -0.14 |
NSTAR Electric 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 NSTAR Electric for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NSTAR Electric can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NSTAR Electric has accumulated 3.59 B in total debt with debt to equity ratio (D/E) of 0.88, which is about average as compared to similar companies. NSTAR Electric has a current ratio of 0.7, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist NSTAR Electric until it has trouble settling it off, either with new capital or with free cash flow. So, NSTAR Electric's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NSTAR Electric sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NSTAR to invest in growth at high rates of return. When we think about NSTAR Electric's use of debt, we should always consider it together with cash and equity. | |
| About 56.0% of NSTAR Electric shares are owned by institutional investors |
NSTAR Electric 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 NSTAR Pink Sheet often depends not only on the future outlook of the current and potential NSTAR Electric'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. NSTAR Electric's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 200.00 | |
| Cash And Short Term Investments | 745 K |
NSTAR Electric Technical Analysis
NSTAR Electric's future price can be derived by breaking down and analyzing its technical indicators over time. NSTAR Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NSTAR Electric. In general, you should focus on analyzing NSTAR Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
NSTAR Electric Predictive Forecast Models
NSTAR Electric's time-series forecasting models is one of many NSTAR Electric's 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 NSTAR Electric'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 pink sheet market movement and maximize returns from investment trading.
Things to note about NSTAR Electric
Checking the ongoing alerts about NSTAR Electric for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NSTAR Electric help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NSTAR Electric has accumulated 3.59 B in total debt with debt to equity ratio (D/E) of 0.88, which is about average as compared to similar companies. NSTAR Electric has a current ratio of 0.7, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist NSTAR Electric until it has trouble settling it off, either with new capital or with free cash flow. So, NSTAR Electric's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NSTAR Electric sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NSTAR to invest in growth at high rates of return. When we think about NSTAR Electric's use of debt, we should always consider it together with cash and equity. | |
| About 56.0% of NSTAR Electric shares are owned by institutional investors |
Other Information on Investing in NSTAR Pink Sheet
NSTAR Electric financial ratios help investors to determine whether NSTAR 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 NSTAR with respect to the benefits of owning NSTAR Electric security.