Napatech (Norway) Odds of Future Stock Price Finishing Under 22.9
| NAPA Stock | NOK 25.60 2.00 8.47% |
Napatech |
Napatech Target Price Odds to finish below 22.9
The tendency of Napatech 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 drop to 22.90 or more in 90 days |
| 25.60 | 90 days | 22.90 | about 91.52 |
Based on a normal probability distribution, the odds of Napatech to drop to 22.90 or more in 90 days from now is about 91.52 (This Napatech AS probability density function shows the probability of Napatech Stock to fall within a particular range of prices over 90 days) . Probability of Napatech AS price to stay between 22.90 and its current price of 25.6 at the end of the 90-day period is about 7.29 .
Assuming the 90 days trading horizon Napatech has a beta of 0.66. This indicates as returns on the market go up, Napatech average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Napatech AS will be expected to be much smaller as well. Additionally Napatech AS has an alpha of 0.8726, implying that it can generate a 0.87 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Napatech Price Density |
| Price |
Predictive Modules for Napatech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Napatech AS. 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 Napatech'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.
Napatech Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Napatech is not an exception. The market had few large corrections towards the Napatech'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 Napatech AS, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Napatech within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.87 | |
β | Beta against NYSE Composite | 0.66 | |
σ | Overall volatility | 3.00 | |
Ir | Information ratio | 0.30 |
Napatech 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 Napatech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Napatech AS can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company has 9.4 Million in debt which may indicate that it relies heavily on debt financing | |
| About 58.0% of the company shares are owned by institutional investors |
Napatech 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 Napatech Stock often depends not only on the future outlook of the current and potential Napatech'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. Napatech's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 79.9 M | |
| Cash And Short Term Investments | 39.4 M |
Napatech Technical Analysis
Napatech's future price can be derived by breaking down and analyzing its technical indicators over time. Napatech Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Napatech AS. In general, you should focus on analyzing Napatech Stock price patterns and their correlations with different microeconomic environments and drivers.
Napatech Predictive Forecast Models
Napatech's time-series forecasting models is one of many Napatech'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 Napatech'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 Napatech AS
Checking the ongoing alerts about Napatech for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Napatech AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company has 9.4 Million in debt which may indicate that it relies heavily on debt financing | |
| About 58.0% of the company shares are owned by institutional investors |
Check out Napatech Backtesting, Napatech Valuation, Napatech Correlation, Napatech Hype Analysis, Napatech Volatility, Napatech History as well as Napatech Performance. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Napatech Stock analysis
When running Napatech's price analysis, check to measure Napatech'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 Napatech is operating at the current time. Most of Napatech's value examination focuses on studying past and present price action to predict the probability of Napatech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Napatech's price. Additionally, you may evaluate how the addition of Napatech to your portfolios can decrease your overall portfolio volatility.
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