Novus Acquisition And Stock Probability of Future Pink Sheet Price Finishing Over 0.0414
| NDEV Stock | USD 0.04 0 6.15% |
Novus |
Novus Acquisition Target Price Odds to finish over 0.0414
The tendency of Novus Pink Sheet 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 |
| 0.04 | 90 days | 0.04 | about 50.0 |
Based on a normal probability distribution, the odds of Novus Acquisition to move above the current price in 90 days from now is about 50.0 (This Novus Acquisition and probability density function shows the probability of Novus Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Novus Acquisition and has a beta of -0.73. This indicates as returns on the benchmark increase, returns on holding Novus Acquisition are expected to decrease at a much lower rate. During a bear market, however, Novus Acquisition and is likely to outperform the market. Additionally Novus Acquisition and has an alpha of 0.5197, implying that it can generate a 0.52 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Novus Acquisition Price Density |
| Price |
Predictive Modules for Novus Acquisition
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Novus Acquisition. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Novus Acquisition'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.
Novus Acquisition Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Novus Acquisition is not an exception. The market had few large corrections towards the Novus Acquisition'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 Novus Acquisition and, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Novus Acquisition within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.52 | |
β | Beta against Dow Jones | -0.73 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.03 |
Novus Acquisition 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 Novus Acquisition for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Novus Acquisition can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Novus Acquisition is way too risky over 90 days horizon | |
| Novus Acquisition has some characteristics of a very speculative penny stock | |
| Novus Acquisition appears to be risky and price may revert if volatility continues |
Novus Acquisition Technical Analysis
Novus Acquisition's future price can be derived by breaking down and analyzing its technical indicators over time. Novus Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Novus Acquisition and. In general, you should focus on analyzing Novus Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Novus Acquisition Predictive Forecast Models
Novus Acquisition's time-series forecasting models is one of many Novus Acquisition's pink sheet 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 Novus Acquisition'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Novus Acquisition
Checking the ongoing alerts about Novus Acquisition for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Novus Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Novus Acquisition is way too risky over 90 days horizon | |
| Novus Acquisition has some characteristics of a very speculative penny stock | |
| Novus Acquisition appears to be risky and price may revert if volatility continues |
Additional Tools for Novus Pink Sheet Analysis
When running Novus Acquisition's price analysis, check to measure Novus Acquisition'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 Novus Acquisition is operating at the current time. Most of Novus Acquisition's value examination focuses on studying past and present price action to predict the probability of Novus Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novus Acquisition's price. Additionally, you may evaluate how the addition of Novus Acquisition to your portfolios can decrease your overall portfolio volatility.