Nextferm Technologies (Israel) Probability of Future Stock Price Finishing Over 136.52
| NXFR Stock | ILA 143.70 7.80 5.74% |
Nextferm |
Nextferm Technologies Target Price Odds to finish over 136.52
The tendency of Nextferm 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 above 136.52 in 90 days |
| 143.70 | 90 days | 136.52 | about 83.79 |
Based on a normal probability distribution, the odds of Nextferm Technologies to stay above 136.52 in 90 days from now is about 83.79 (This Nextferm Technologies probability density function shows the probability of Nextferm Stock to fall within a particular range of prices over 90 days) . Probability of Nextferm Technologies price to stay between 136.52 and its current price of 143.7 at the end of the 90-day period is about 1.53 .
Assuming the 90 days trading horizon Nextferm Technologies has a beta of -0.3. This indicates as returns on the benchmark increase, returns on holding Nextferm Technologies are expected to decrease at a much lower rate. During a bear market, however, Nextferm Technologies is likely to outperform the market. Additionally Nextferm Technologies 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. Nextferm Technologies Price Density |
| Price |
Predictive Modules for Nextferm Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nextferm Technologies. 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.Nextferm Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nextferm Technologies is not an exception. The market had few large corrections towards the Nextferm Technologies' 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 Nextferm Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nextferm Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.46 | |
β | Beta against Dow Jones | -0.3 | |
σ | Overall volatility | 118.37 | |
Ir | Information ratio | -0.22 |
Nextferm Technologies 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 Nextferm Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nextferm Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nextferm Technologies generated a negative expected return over the last 90 days | |
| Nextferm Technologies has high historical volatility and very poor performance | |
| The company reported the revenue of 299 K. Net Loss for the year was (5.96 M) with profit before overhead, payroll, taxes, and interest of 23 K. | |
| Nextferm Technologies has accumulated about 8.27 M in cash with (3.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.38. | |
| Roughly 31.0% of the company outstanding shares are owned by corporate insiders |
Nextferm Technologies 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 Nextferm Stock often depends not only on the future outlook of the current and potential Nextferm Technologies' 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. Nextferm Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Float | 8.1 M |
Nextferm Technologies Technical Analysis
Nextferm Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Nextferm Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nextferm Technologies. In general, you should focus on analyzing Nextferm Stock price patterns and their correlations with different microeconomic environments and drivers.
Nextferm Technologies Predictive Forecast Models
Nextferm Technologies' time-series forecasting models is one of many Nextferm Technologies' 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 Nextferm Technologies' 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 Nextferm Technologies
Checking the ongoing alerts about Nextferm Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nextferm Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nextferm Technologies generated a negative expected return over the last 90 days | |
| Nextferm Technologies has high historical volatility and very poor performance | |
| The company reported the revenue of 299 K. Net Loss for the year was (5.96 M) with profit before overhead, payroll, taxes, and interest of 23 K. | |
| Nextferm Technologies has accumulated about 8.27 M in cash with (3.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.38. | |
| Roughly 31.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Nextferm Stock
Nextferm Technologies financial ratios help investors to determine whether Nextferm Stock 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 Nextferm with respect to the benefits of owning Nextferm Technologies security.