Nowigence Stock Performance

NOWG Stock  USD 0.99  0.01  1.00%   
Nowigence holds a performance score of 11 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 13.62, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nowigence will likely underperform. Use Nowigence downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to analyze future returns on Nowigence.

Risk-Adjusted Performance

Good

 
Weak
 
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Nowigence are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Nowigence reported solid returns over the last few months and may actually be approaching a breakup point. ...more
  

Nowigence Relative Risk vs. Return Landscape

If you would invest  55.00  in Nowigence on November 2, 2025 and sell it today you would earn a total of  44.00  from holding Nowigence or generate 80.0% return on investment over 90 days. Nowigence is currently generating 16.7244% in daily expected returns and assumes 120.4837% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Nowigence, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Expected Return   
       Risk  
Given the investment horizon of 90 days Nowigence is expected to generate 161.2 times more return on investment than the market. However, the company is 161.2 times more volatile than its market benchmark. It trades about 0.14 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.07 per unit of risk.

Nowigence Target Price Odds to finish over Current Price

The tendency of Nowigence OTC 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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 0.99 90 days 0.99 
about 1.96
Based on a normal probability distribution, the odds of Nowigence to move above the current price in 90 days from now is about 1.96 (This Nowigence probability density function shows the probability of Nowigence OTC Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the otc stock has the beta coefficient of 13.62 . 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, Nowigence will likely underperform. In addition to that Nowigence has an alpha of 14.6415, implying that it can generate a 14.64 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Nowigence Price Density   
       Price  

Predictive Modules for Nowigence

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nowigence. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 Nowigence'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.
Hype
Prediction
LowEstimatedHigh
0.050.99100.49
Details
Intrinsic
Valuation
LowRealHigh
0.040.76100.26
Details
Naive
Forecast
LowNextHigh
0.021.04121.51
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.430.710.98
Details

Nowigence Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Nowigence is not an exception. The market had few large corrections towards the Nowigence'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 Nowigence, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nowigence within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
14.64
β
Beta against Dow Jones13.62
σ
Overall volatility
0.16
Ir
Information ratio 0.13

Nowigence 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 Nowigence for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nowigence can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Nowigence is way too risky over 90 days horizon
Nowigence has some characteristics of a very speculative penny stock
Nowigence appears to be risky and price may revert if volatility continues
Latest headline from simplywall.st: Is Merck Offering Value After Recent Share Price Pause And DCF Upside Signals

Nowigence Fundamentals Growth

Nowigence OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Nowigence, and Nowigence fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nowigence OTC Stock performance.

About Nowigence Performance

By analyzing Nowigence's fundamental ratios, stakeholders can gain valuable insights into Nowigence's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nowigence has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Nowigence has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Nowigence, Inc. develops and markets an artificial intelligence augmented software-as-a-service platform focusing on data detection, presentation, and prediction for decision making. Nowigence, Inc. was incorporated in 2011 and is based in Charlotte, North Carolina with additional offices in Albany, New York Seattle, Washington and Noida, India. Nowigence operates under SoftwareApplication classification in the United States and is traded on OTC Exchange.

Things to note about Nowigence performance evaluation

Checking the ongoing alerts about Nowigence for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Nowigence help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Nowigence is way too risky over 90 days horizon
Nowigence has some characteristics of a very speculative penny stock
Nowigence appears to be risky and price may revert if volatility continues
Latest headline from simplywall.st: Is Merck Offering Value After Recent Share Price Pause And DCF Upside Signals
Evaluating Nowigence's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Nowigence's otc stock performance include:
  • Analyzing Nowigence's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Nowigence's stock is overvalued or undervalued compared to its peers.
  • Examining Nowigence's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Nowigence's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nowigence's management team can help you assess the OTC Stock's leadership.
  • Pay attention to analyst opinions and ratings of Nowigence's otc stock. These opinions can provide insight into Nowigence's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Nowigence's otc stock performance is not an exact science, and many factors can impact Nowigence's otc stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Complementary Tools for Nowigence OTC Stock analysis

When running Nowigence's price analysis, check to measure Nowigence'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 Nowigence is operating at the current time. Most of Nowigence's value examination focuses on studying past and present price action to predict the probability of Nowigence's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nowigence's price. Additionally, you may evaluate how the addition of Nowigence to your portfolios can decrease your overall portfolio volatility.
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