Network Cn Stock Probability of Future Pink Sheet Price Finishing Under 0.7
| NWCN Stock | USD 0.65 0.40 160.00% |
Network |
Network CN Target Price Odds to finish below 0.7
The tendency of Network 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 stay under $ 0.70 after 90 days |
| 0.65 | 90 days | 0.70 | about 58.48 |
Based on a normal probability distribution, the odds of Network CN to stay under $ 0.70 after 90 days from now is about 58.48 (This Network CN probability density function shows the probability of Network Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Network CN price to stay between its current price of $ 0.65 and $ 0.70 at the end of the 90-day period is under 4.
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 2.64 . 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, Network CN will likely underperform. In addition to that Network CN has an alpha of 58.8576, implying that it can generate a 58.86 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Network CN Price Density |
| Price |
Predictive Modules for Network CN
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 CN. 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 Network CN'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.
Network CN Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Network CN is not an exception. The market had few large corrections towards the Network CN'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 CN, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Network CN within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 58.86 | |
β | Beta against Dow Jones | 2.64 | |
σ | Overall volatility | 0.51 | |
Ir | Information ratio | 0.25 |
Network CN 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 CN for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Network CN 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 CN is way too risky over 90 days horizon | |
| Network CN has some characteristics of a very speculative penny stock | |
| Network CN appears to be risky and price may revert if volatility continues | |
| Network CN currently holds 645 K in liabilities. Network CN has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Network CN until it has trouble settling it off, either with new capital or with free cash flow. So, Network CN'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 CN 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 CN's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 22.53 K. Net Loss for the year was (1.22 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Network CN currently holds about 6.39 K in cash with (441.15 K) of positive cash flow from operations. | |
| Roughly 82.0% of the company outstanding shares are owned by corporate insiders |
Network CN 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 Pink Sheet often depends not only on the future outlook of the current and potential Network CN'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 CN's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 11 M | |
| Cash And Short Term Investments | 21.7 K |
Network CN Technical Analysis
Network CN's future price can be derived by breaking down and analyzing its technical indicators over time. Network Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Network CN. In general, you should focus on analyzing Network Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Network CN Predictive Forecast Models
Network CN's time-series forecasting models is one of many Network CN'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 Network CN'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 Network CN
Checking the ongoing alerts about Network CN for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Network CN help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Network CN is way too risky over 90 days horizon | |
| Network CN has some characteristics of a very speculative penny stock | |
| Network CN appears to be risky and price may revert if volatility continues | |
| Network CN currently holds 645 K in liabilities. Network CN has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Network CN until it has trouble settling it off, either with new capital or with free cash flow. So, Network CN'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 CN 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 CN's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 22.53 K. Net Loss for the year was (1.22 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Network CN currently holds about 6.39 K in cash with (441.15 K) of positive cash flow from operations. | |
| Roughly 82.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Network Pink Sheet
Network CN financial ratios help investors to determine whether Network 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 Network with respect to the benefits of owning Network CN security.