Network Media Group Stock Probability of Future Stock Price Finishing Over 0.23
| NTE Stock | CAD 0.10 0.01 11.11% |
Network |
Network Media Target Price Odds to finish over 0.23
The tendency of Network 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 over C$ 0.23 or more in 90 days |
| 0.10 | 90 days | 0.23 | nearly 4.23 |
Based on a normal probability distribution, the odds of Network Media to move over C$ 0.23 or more in 90 days from now is nearly 4.23 (This Network Media Group probability density function shows the probability of Network Stock to fall within a particular range of prices over 90 days) . Probability of Network Media Group price to stay between its current price of C$ 0.10 and C$ 0.23 at the end of the 90-day period is about 88.79 .
Assuming the 90 days horizon Network Media has a beta of 0.14. This indicates as returns on the market go up, Network Media average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Network Media Group will be expected to be much smaller as well. Additionally Network Media Group 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. Network Media Price Density |
| Price |
Predictive Modules for Network Media
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Network Media Group. 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.Network Media Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Network Media is not an exception. The market had few large corrections towards the Network Media'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 Network Media Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Network Media within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.22 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.27 |
Network Media 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 Network Media for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Network Media Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Network Media Group generated a negative expected return over the last 90 days | |
| Network Media Group has some characteristics of a very speculative penny stock | |
| Network Media Group has high historical volatility and very poor performance | |
| Network Media Group has high likelihood to experience some financial distress in the next 2 years | |
| Network Media Group has accumulated C$3.5 Million in debt which can lead to volatile earnings | |
| Network Media Group has accumulated 3.5 M in total debt with debt to equity ratio (D/E) of 77.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Network Media Group has a current ratio of 0.33, 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 Network Media until it has trouble settling it off, either with new capital or with free cash flow. So, Network Media'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 Network Media Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Network to invest in growth at high rates of return. When we think about Network Media's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 7.13 M. Net Loss for the year was (320.94 K) with loss before overhead, payroll, taxes, and interest of (1.05 M). | |
| About 23.0% of Network Media outstanding shares are owned by corporate insiders |
Network Media 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 Network Stock often depends not only on the future outlook of the current and potential Network Media'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. Network Media's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 17.8 M | |
| Cash And Short Term Investments | 2.8 M |
Network Media Technical Analysis
Network Media's future price can be derived by breaking down and analyzing its technical indicators over time. Network Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Network Media Group. In general, you should focus on analyzing Network Stock price patterns and their correlations with different microeconomic environments and drivers.
Network Media Predictive Forecast Models
Network Media's time-series forecasting models is one of many Network Media'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 Network Media'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 Network Media Group
Checking the ongoing alerts about Network Media for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Network Media Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Network Media Group generated a negative expected return over the last 90 days | |
| Network Media Group has some characteristics of a very speculative penny stock | |
| Network Media Group has high historical volatility and very poor performance | |
| Network Media Group has high likelihood to experience some financial distress in the next 2 years | |
| Network Media Group has accumulated C$3.5 Million in debt which can lead to volatile earnings | |
| Network Media Group has accumulated 3.5 M in total debt with debt to equity ratio (D/E) of 77.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Network Media Group has a current ratio of 0.33, 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 Network Media until it has trouble settling it off, either with new capital or with free cash flow. So, Network Media'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 Network Media Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Network to invest in growth at high rates of return. When we think about Network Media's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 7.13 M. Net Loss for the year was (320.94 K) with loss before overhead, payroll, taxes, and interest of (1.05 M). | |
| About 23.0% of Network Media outstanding shares are owned by corporate insiders |
Additional Tools for Network Stock Analysis
When running Network Media's price analysis, check to measure Network Media'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 Network Media is operating at the current time. Most of Network Media's value examination focuses on studying past and present price action to predict the probability of Network Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Network Media's price. Additionally, you may evaluate how the addition of Network Media to your portfolios can decrease your overall portfolio volatility.