Nxu Inc Stock Chance of Future Stock Price Finishing Under 0.37
| NXU Stock | USD 0.27 0.01 3.85% |
Nxu |
Nxu Target Price Odds to finish below 0.37
The tendency of Nxu 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 $ 0.37 after 90 days |
| 0.27 | 90 days | 0.37 | about 67.46 |
Based on a normal probability distribution, the odds of Nxu to stay under $ 0.37 after 90 days from now is about 67.46 (This Nxu Inc probability density function shows the probability of Nxu Stock to fall within a particular range of prices over 90 days) . Probability of Nxu Inc price to stay between its current price of $ 0.27 and $ 0.37 at the end of the 90-day period is about 35.05 .
Considering the 90-day investment horizon Nxu Inc has a beta of -1.71. This indicates as returns on its benchmark rise, returns on holding Nxu Inc are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Nxu is expected to outperform its benchmark. Moreover Nxu Inc has an alpha of 1.104, implying that it can generate a 1.1 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nxu Price Density |
| Price |
Predictive Modules for Nxu
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nxu Inc. 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 Nxu'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.
Nxu Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nxu is not an exception. The market had few large corrections towards the Nxu'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 Nxu Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nxu within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.10 | |
β | Beta against Dow Jones | -1.71 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | 0.04 |
Nxu 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 Nxu for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nxu Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nxu Inc is way too risky over 90 days horizon | |
| Nxu Inc has some characteristics of a very speculative penny stock | |
| Nxu Inc appears to be risky and price may revert if volatility continues | |
| Nxu Inc has high likelihood to experience some financial distress in the next 2 years | |
| Nxu Inc has 1.56 M in debt. Nxu Inc has a current ratio of 0.91, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Nxu to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 496 K. Reported Net Loss for the year was (40.18 M) with profit before taxes, overhead, and interest of 0. | |
| Nxu Inc has about 882.59 K in cash with (27.99 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Nxu Inc has a frail financial position based on the latest SEC disclosures | |
| Latest headline from investing.com: Nxu CFO Sarah Wyant sells 8,219 in stock |
Nxu 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 Nxu Stock often depends not only on the future outlook of the current and potential Nxu'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. Nxu's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 556.8 K | |
| Cash And Short Term Investments | 2.8 M |
Nxu Technical Analysis
Nxu's future price can be derived by breaking down and analyzing its technical indicators over time. Nxu Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nxu Inc. In general, you should focus on analyzing Nxu Stock price patterns and their correlations with different microeconomic environments and drivers.
Nxu Predictive Forecast Models
Nxu's time-series forecasting models is one of many Nxu'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 Nxu'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 Nxu Inc
Checking the ongoing alerts about Nxu for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nxu Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nxu Inc is way too risky over 90 days horizon | |
| Nxu Inc has some characteristics of a very speculative penny stock | |
| Nxu Inc appears to be risky and price may revert if volatility continues | |
| Nxu Inc has high likelihood to experience some financial distress in the next 2 years | |
| Nxu Inc has 1.56 M in debt. Nxu Inc has a current ratio of 0.91, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Nxu to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 496 K. Reported Net Loss for the year was (40.18 M) with profit before taxes, overhead, and interest of 0. | |
| Nxu Inc has about 882.59 K in cash with (27.99 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Nxu Inc has a frail financial position based on the latest SEC disclosures | |
| Latest headline from investing.com: Nxu CFO Sarah Wyant sells 8,219 in stock |
Additional Tools for Nxu Stock Analysis
When running Nxu's price analysis, check to measure Nxu'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 Nxu is operating at the current time. Most of Nxu's value examination focuses on studying past and present price action to predict the probability of Nxu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nxu's price. Additionally, you may evaluate how the addition of Nxu to your portfolios can decrease your overall portfolio volatility.