Neurotech International (Australia) Probability of Future Stock Price Finishing Over 0.0743
| NTI Stock | 0.07 0 4.55% |
Neurotech |
Neurotech International Target Price Odds to finish over 0.0743
The tendency of Neurotech 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 0.07 or more in 90 days |
| 0.07 | 90 days | 0.07 | under 4 |
Based on a normal probability distribution, the odds of Neurotech International to move over 0.07 or more in 90 days from now is under 4 (This Neurotech International probability density function shows the probability of Neurotech Stock to fall within a particular range of prices over 90 days) . Probability of Neurotech International price to stay between its current price of 0.07 and 0.07 at the end of the 90-day period is about 8.92 .
Assuming the 90 days trading horizon Neurotech International has a beta of -0.66. This indicates as returns on the benchmark increase, returns on holding Neurotech International are expected to decrease at a much lower rate. During a bear market, however, Neurotech International is likely to outperform the market. Additionally Neurotech International has an alpha of 0.0395, implying that it can generate a 0.0395 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Neurotech International Price Density |
| Price |
Predictive Modules for Neurotech International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Neurotech International. 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.Neurotech International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Neurotech International is not an exception. The market had few large corrections towards the Neurotech International'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 Neurotech International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Neurotech International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | -0.66 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.04 |
Neurotech International 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 Neurotech International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Neurotech International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Neurotech International generated a negative expected return over the last 90 days | |
| Neurotech International has some characteristics of a very speculative penny stock | |
| Neurotech International has high historical volatility and very poor performance | |
| Neurotech International has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.96 K. Net Loss for the year was (5.07 M) with profit before overhead, payroll, taxes, and interest of 1.19 M. | |
| Neurotech International generates negative cash flow from operations | |
| About 34.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Neurotech International Appoints New CEO to Drive Growth - MSN |
Neurotech International 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 Neurotech Stock often depends not only on the future outlook of the current and potential Neurotech International'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. Neurotech International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 912 M | |
| Cash And Short Term Investments | 11.6 M |
Neurotech International Technical Analysis
Neurotech International's future price can be derived by breaking down and analyzing its technical indicators over time. Neurotech Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Neurotech International. In general, you should focus on analyzing Neurotech Stock price patterns and their correlations with different microeconomic environments and drivers.
Neurotech International Predictive Forecast Models
Neurotech International's time-series forecasting models is one of many Neurotech International'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 Neurotech International'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 Neurotech International
Checking the ongoing alerts about Neurotech International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Neurotech International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Neurotech International generated a negative expected return over the last 90 days | |
| Neurotech International has some characteristics of a very speculative penny stock | |
| Neurotech International has high historical volatility and very poor performance | |
| Neurotech International has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.96 K. Net Loss for the year was (5.07 M) with profit before overhead, payroll, taxes, and interest of 1.19 M. | |
| Neurotech International generates negative cash flow from operations | |
| About 34.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Neurotech International Appoints New CEO to Drive Growth - MSN |
Additional Tools for Neurotech Stock Analysis
When running Neurotech International's price analysis, check to measure Neurotech International'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 Neurotech International is operating at the current time. Most of Neurotech International's value examination focuses on studying past and present price action to predict the probability of Neurotech International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neurotech International's price. Additionally, you may evaluate how the addition of Neurotech International to your portfolios can decrease your overall portfolio volatility.