Nuvim Inc Stock Chance of Future Pink Sheet Price Finishing Over 0.004
| NUVM Stock | USD 0 0.0005 14.29% |
NuVim |
NuVim Target Price Odds to finish over 0.004
The tendency of NuVim 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 above the current price in 90 days |
| 0 | 90 days | 0 | about 11.75 |
Based on a normal probability distribution, the odds of NuVim to move above the current price in 90 days from now is about 11.75 (This NuVim Inc probability density function shows the probability of NuVim Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days NuVim Inc has a beta of -0.28. This indicates as returns on the benchmark increase, returns on holding NuVim are expected to decrease at a much lower rate. During a bear market, however, NuVim Inc is likely to outperform the market. Additionally NuVim Inc has an alpha of 0.1684, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). NuVim Price Density |
| Price |
Predictive Modules for NuVim
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NuVim Inc. 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 NuVim's 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.
NuVim Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NuVim is not an exception. The market had few large corrections towards the NuVim'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 NuVim Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NuVim within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | -0.28 | |
σ | Overall volatility | 0.0005 | |
Ir | Information ratio | 0 |
NuVim 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 NuVim for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NuVim Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NuVim Inc had very high historical volatility over the last 90 days | |
| NuVim Inc has some characteristics of a very speculative penny stock | |
| NuVim Inc currently holds 135.92 K in liabilities. NuVim Inc has a current ratio of 0.11, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist NuVim until it has trouble settling it off, either with new capital or with free cash flow. So, NuVim'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 NuVim Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NuVim to invest in growth at high rates of return. When we think about NuVim's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 1.06 K. Net Loss for the year was (26.7 K) with profit before overhead, payroll, taxes, and interest of 23.7 K. | |
| NuVim generates negative cash flow from operations |
NuVim Technical Analysis
NuVim's future price can be derived by breaking down and analyzing its technical indicators over time. NuVim Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NuVim Inc. In general, you should focus on analyzing NuVim Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
NuVim Predictive Forecast Models
NuVim's time-series forecasting models is one of many NuVim'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 NuVim'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 NuVim Inc
Checking the ongoing alerts about NuVim for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NuVim Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NuVim Inc had very high historical volatility over the last 90 days | |
| NuVim Inc has some characteristics of a very speculative penny stock | |
| NuVim Inc currently holds 135.92 K in liabilities. NuVim Inc has a current ratio of 0.11, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist NuVim until it has trouble settling it off, either with new capital or with free cash flow. So, NuVim'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 NuVim Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NuVim to invest in growth at high rates of return. When we think about NuVim's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 1.06 K. Net Loss for the year was (26.7 K) with profit before overhead, payroll, taxes, and interest of 23.7 K. | |
| NuVim generates negative cash flow from operations |
Other Information on Investing in NuVim Pink Sheet
NuVim financial ratios help investors to determine whether NuVim 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 NuVim with respect to the benefits of owning NuVim security.