Nexstim Oyj (Finland) Probability of Future Stock Price Finishing Over 5.08
| NXTMH Stock | EUR 5.08 0.08 1.55% |
Nexstim |
Nexstim Oyj Target Price Odds to finish over 5.08
The tendency of Nexstim 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 above the current price in 90 days |
| 5.08 | 90 days | 5.08 | about 22.75 |
Based on a normal probability distribution, the odds of Nexstim Oyj to move above the current price in 90 days from now is about 22.75 (This Nexstim Oyj probability density function shows the probability of Nexstim Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Nexstim Oyj has a beta of -0.32. This indicates as returns on the benchmark increase, returns on holding Nexstim Oyj are expected to decrease at a much lower rate. During a bear market, however, Nexstim Oyj is likely to outperform the market. Additionally Nexstim Oyj has an alpha of 0.8366, implying that it can generate a 0.84 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nexstim Oyj Price Density |
| Price |
Predictive Modules for Nexstim Oyj
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nexstim Oyj. 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.Nexstim Oyj Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nexstim Oyj is not an exception. The market had few large corrections towards the Nexstim Oyj'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 Nexstim Oyj, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nexstim Oyj within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.84 | |
β | Beta against Dow Jones | -0.32 | |
σ | Overall volatility | 0.83 | |
Ir | Information ratio | 0.18 |
Nexstim Oyj 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 Nexstim Oyj for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nexstim Oyj can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nexstim Oyj appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 6.4 M. Net Loss for the year was (832.1 K) with profit before overhead, payroll, taxes, and interest of 6.42 M. | |
| Nexstim Oyj has accumulated about 6.69 M in cash with (2.11 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.0. | |
| Roughly 59.0% of the company outstanding shares are owned by corporate insiders |
Nexstim Oyj 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 Nexstim Stock often depends not only on the future outlook of the current and potential Nexstim Oyj'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. Nexstim Oyj's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6.7 M | |
| Short Long Term Debt | 619.4 K |
Nexstim Oyj Technical Analysis
Nexstim Oyj's future price can be derived by breaking down and analyzing its technical indicators over time. Nexstim Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nexstim Oyj. In general, you should focus on analyzing Nexstim Stock price patterns and their correlations with different microeconomic environments and drivers.
Nexstim Oyj Predictive Forecast Models
Nexstim Oyj's time-series forecasting models is one of many Nexstim Oyj'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 Nexstim Oyj'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 Nexstim Oyj
Checking the ongoing alerts about Nexstim Oyj for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nexstim Oyj help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nexstim Oyj appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 6.4 M. Net Loss for the year was (832.1 K) with profit before overhead, payroll, taxes, and interest of 6.42 M. | |
| Nexstim Oyj has accumulated about 6.69 M in cash with (2.11 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.0. | |
| Roughly 59.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Nexstim Stock
Nexstim Oyj financial ratios help investors to determine whether Nexstim 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 Nexstim with respect to the benefits of owning Nexstim Oyj security.