Nature Wood Group Stock Probability of Future Stock Price Finishing Under 11.24
| NWGL Stock | 1.42 0.05 3.65% |
Nature |
Nature Wood Target Price Odds to finish below 11.24
The tendency of Nature 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 stay under 11.24 after 90 days |
| 1.42 | 90 days | 11.24 | close to 99 |
Based on a normal probability distribution, the odds of Nature Wood to stay under 11.24 after 90 days from now is close to 99 (This Nature Wood Group probability density function shows the probability of Nature Stock to fall within a particular range of prices over 90 days) . Probability of Nature Wood Group price to stay between its current price of 1.42 and 11.24 at the end of the 90-day period is about 84.75 .
Given the investment horizon of 90 days Nature Wood Group has a beta of -0.25. This indicates as returns on the benchmark increase, returns on holding Nature Wood are expected to decrease at a much lower rate. During a bear market, however, Nature Wood Group is likely to outperform the market. Additionally Nature Wood Group 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. Nature Wood Price Density |
| Price |
Predictive Modules for Nature Wood
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nature Wood Group. 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.Nature Wood Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nature Wood is not an exception. The market had few large corrections towards the Nature Wood'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 Nature Wood Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nature Wood within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | -0.25 | |
σ | Overall volatility | 0.08 | |
Ir | Information ratio | -0.08 |
Nature Wood 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 Nature Wood for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nature Wood Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nature Wood Group generated a negative expected return over the last 90 days | |
| Nature Wood Group may become a speculative penny stock | |
| Nature Wood Group has high historical volatility and very poor performance | |
| Nature Wood Group has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 25.43 M. Net Loss for the year was (11.98 M) with profit before overhead, payroll, taxes, and interest of 19.92 M. | |
| Nature Wood generates negative cash flow from operations | |
| Nature Wood Group has a poor financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Nature Wood Group Expands into Decorative Plywood Market - TipRanks |
Nature Wood 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 Nature Stock often depends not only on the future outlook of the current and potential Nature Wood'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. Nature Wood's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 111.9 M | |
| Cash And Short Term Investments | 4.6 M |
Nature Wood Technical Analysis
Nature Wood's future price can be derived by breaking down and analyzing its technical indicators over time. Nature Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nature Wood Group. In general, you should focus on analyzing Nature Stock price patterns and their correlations with different microeconomic environments and drivers.
Nature Wood Predictive Forecast Models
Nature Wood's time-series forecasting models is one of many Nature Wood'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 Nature Wood'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 Nature Wood Group
Checking the ongoing alerts about Nature Wood for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nature Wood Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nature Wood Group generated a negative expected return over the last 90 days | |
| Nature Wood Group may become a speculative penny stock | |
| Nature Wood Group has high historical volatility and very poor performance | |
| Nature Wood Group has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 25.43 M. Net Loss for the year was (11.98 M) with profit before overhead, payroll, taxes, and interest of 19.92 M. | |
| Nature Wood generates negative cash flow from operations | |
| Nature Wood Group has a poor financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Nature Wood Group Expands into Decorative Plywood Market - TipRanks |
Check out Nature Wood Backtesting, Nature Wood Valuation, Nature Wood Correlation, Nature Wood Hype Analysis, Nature Wood Volatility, Nature Wood History as well as Nature Wood Performance. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Paper & Forest Products 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 Nature Wood. If investors know Nature 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 Nature Wood listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.88) | Revenue Per Share 1.82 | Quarterly Revenue Growth (0.49) | Return On Assets (0.08) | Return On Equity (0.78) |
The market value of Nature Wood Group is measured differently than its book value, which is the value of Nature that is recorded on the company's balance sheet. Investors also form their own opinion of Nature Wood's value that differs from its market value or its book value, called intrinsic value, which is Nature Wood'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 Nature Wood's market value can be influenced by many factors that don't directly affect Nature Wood'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 Nature Wood's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nature Wood is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nature Wood'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.