Navitas Semiconductor Corp Stock Probability of Future Stock Price Finishing Under 0.23
| NVTS Stock | USD 2.42 0.40 19.80% |
Navitas |
Navitas Semiconductor Target Price Odds to finish below 0.23
The tendency of Navitas 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 drop to $ 0.23 or more in 90 days |
| 2.42 | 90 days | 0.23 | near 1 |
Based on a normal probability distribution, the odds of Navitas Semiconductor to drop to $ 0.23 or more in 90 days from now is near 1 (This Navitas Semiconductor Corp probability density function shows the probability of Navitas Stock to fall within a particular range of prices over 90 days) . Probability of Navitas Semiconductor price to stay between $ 0.23 and its current price of $2.42 at the end of the 90-day period is about 48.72 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.73 . 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, Navitas Semiconductor will likely underperform. Additionally Navitas Semiconductor Corp 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. Navitas Semiconductor Price Density |
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Predictive Modules for Navitas Semiconductor
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Navitas Semiconductor. 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 Navitas Semiconductor'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.
Navitas Semiconductor Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Navitas Semiconductor is not an exception. The market had few large corrections towards the Navitas Semiconductor'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 Navitas Semiconductor Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Navitas Semiconductor within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.51 | |
β | Beta against Dow Jones | 2.73 | |
σ | Overall volatility | 0.32 | |
Ir | Information ratio | -0.05 |
Navitas Semiconductor 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 Navitas Semiconductor for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Navitas Semiconductor can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Navitas Semiconductor generated a negative expected return over the last 90 days | |
| Navitas Semiconductor has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 79.46 M. Net Loss for the year was (145.95 M) with profit before overhead, payroll, taxes, and interest of 12.49 M. | |
| Navitas Semiconductor Corp currently holds about 240.5 M in cash with (40.1 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.91. | |
| Navitas Semiconductor has a poor financial position based on the latest SEC disclosures | |
| Roughly 26.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from simplywall.st: US Exchange Penny Stocks To Watch In November 2024 |
Navitas Semiconductor 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 Navitas Stock often depends not only on the future outlook of the current and potential Navitas Semiconductor'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. Navitas Semiconductor's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 168.9 M | |
| Cash And Short Term Investments | 152.8 M |
Navitas Semiconductor Technical Analysis
Navitas Semiconductor's future price can be derived by breaking down and analyzing its technical indicators over time. Navitas Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Navitas Semiconductor Corp. In general, you should focus on analyzing Navitas Stock price patterns and their correlations with different microeconomic environments and drivers.
Navitas Semiconductor Predictive Forecast Models
Navitas Semiconductor's time-series forecasting models is one of many Navitas Semiconductor'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 Navitas Semiconductor'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 Navitas Semiconductor
Checking the ongoing alerts about Navitas Semiconductor for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Navitas Semiconductor help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Navitas Semiconductor generated a negative expected return over the last 90 days | |
| Navitas Semiconductor has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 79.46 M. Net Loss for the year was (145.95 M) with profit before overhead, payroll, taxes, and interest of 12.49 M. | |
| Navitas Semiconductor Corp currently holds about 240.5 M in cash with (40.1 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.91. | |
| Navitas Semiconductor has a poor financial position based on the latest SEC disclosures | |
| Roughly 26.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from simplywall.st: US Exchange Penny Stocks To Watch In November 2024 |
Additional Tools for Navitas Stock Analysis
When running Navitas Semiconductor's price analysis, check to measure Navitas Semiconductor'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 Navitas Semiconductor is operating at the current time. Most of Navitas Semiconductor's value examination focuses on studying past and present price action to predict the probability of Navitas Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Navitas Semiconductor's price. Additionally, you may evaluate how the addition of Navitas Semiconductor to your portfolios can decrease your overall portfolio volatility.