Nv5 Global Stock Probability of Future Stock Price Finishing Over 22.51
| NVEE Stock | USD 21.50 0.31 1.42% |
NV5 |
NV5 Global Target Price Odds to finish over 22.51
The tendency of NV5 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 $ 22.51 or more in 90 days |
| 21.50 | 90 days | 22.51 | about 78.57 |
Based on a normal probability distribution, the odds of NV5 Global to move over $ 22.51 or more in 90 days from now is about 78.57 (This NV5 Global probability density function shows the probability of NV5 Stock to fall within a particular range of prices over 90 days) . Probability of NV5 Global price to stay between its current price of $ 21.50 and $ 22.51 at the end of the 90-day period is about 20.01 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.49 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, NV5 Global will likely underperform. Additionally NV5 Global 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. NV5 Global Price Density |
| Price |
Predictive Modules for NV5 Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NV5 Global. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NV5 Global'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.
NV5 Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NV5 Global is not an exception. The market had few large corrections towards the NV5 Global'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 NV5 Global, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NV5 Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.26 | |
β | Beta against Dow Jones | 1.49 | |
σ | Overall volatility | 0.72 | |
Ir | Information ratio | -0.11 |
NV5 Global 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 NV5 Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NV5 Global can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NV5 Global generated a negative expected return over the last 90 days | |
| NV5 Global has a poor financial position based on the latest SEC disclosures | |
| Over 76.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: NV5 Awarded 14 Million in Southern California Municipal Infrastructure Contracts |
NV5 Global 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 NV5 Stock often depends not only on the future outlook of the current and potential NV5 Global'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. NV5 Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 61.9 M | |
| Cash And Short Term Investments | 44.8 M |
NV5 Global Technical Analysis
NV5 Global's future price can be derived by breaking down and analyzing its technical indicators over time. NV5 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NV5 Global. In general, you should focus on analyzing NV5 Stock price patterns and their correlations with different microeconomic environments and drivers.
NV5 Global Predictive Forecast Models
NV5 Global's time-series forecasting models is one of many NV5 Global'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 NV5 Global'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 NV5 Global
Checking the ongoing alerts about NV5 Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NV5 Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NV5 Global generated a negative expected return over the last 90 days | |
| NV5 Global has a poor financial position based on the latest SEC disclosures | |
| Over 76.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: NV5 Awarded 14 Million in Southern California Municipal Infrastructure Contracts |
Check out NV5 Global Backtesting, NV5 Global Valuation, NV5 Global Correlation, NV5 Global Hype Analysis, NV5 Global Volatility, NV5 Global History as well as NV5 Global Performance. For information on how to trade NV5 Stock refer to our How to Trade NV5 Stock guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NV5 Global. If investors know NV5 will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NV5 Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.286 | Earnings Share 0.54 | Revenue Per Share 14.898 | Quarterly Revenue Growth 0.056 | Return On Assets 0.0278 |
The market value of NV5 Global is measured differently than its book value, which is the value of NV5 that is recorded on the company's balance sheet. Investors also form their own opinion of NV5 Global's value that differs from its market value or its book value, called intrinsic value, which is NV5 Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NV5 Global's market value can be influenced by many factors that don't directly affect NV5 Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NV5 Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if NV5 Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NV5 Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.