Netclass Technology Inc Stock Probability of Future Stock Price Finishing Over 1.50
| NTCL Stock | 1.50 0.07 4.90% |
NETCLASS TECHNOLOGY Target Price Odds to finish over 1.50
The tendency of NETCLASS 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 |
| 1.50 | 90 days | 1.50 | about 77.87 |
Based on a normal probability distribution, the odds of NETCLASS TECHNOLOGY to move above the current price in 90 days from now is about 77.87 (This NETCLASS TECHNOLOGY INC probability density function shows the probability of NETCLASS Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days NETCLASS TECHNOLOGY INC has a beta of -1.47. This indicates as returns on its benchmark rise, returns on holding NETCLASS TECHNOLOGY INC are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, NETCLASS TECHNOLOGY is expected to outperform its benchmark. Additionally NETCLASS TECHNOLOGY INC has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. NETCLASS TECHNOLOGY Price Density |
| Price |
Predictive Modules for NETCLASS TECHNOLOGY
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NETCLASS TECHNOLOGY 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 NETCLASS TECHNOLOGY'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.
NETCLASS TECHNOLOGY Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NETCLASS TECHNOLOGY is not an exception. The market had few large corrections towards the NETCLASS TECHNOLOGY'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 NETCLASS TECHNOLOGY INC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NETCLASS TECHNOLOGY within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.91 | |
β | Beta against Dow Jones | -1.47 | |
σ | Overall volatility | 8.66 | |
Ir | Information ratio | -0.05 |
NETCLASS TECHNOLOGY 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 NETCLASS TECHNOLOGY for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NETCLASS TECHNOLOGY 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.| NETCLASS TECHNOLOGY generated a negative expected return over the last 90 days | |
| NETCLASS TECHNOLOGY has high historical volatility and very poor performance | |
| NETCLASS TECHNOLOGY may become a speculative penny stock | |
| The company reported the previous year's revenue of 10.1 M. Net Loss for the year was (1.48 M) with profit before overhead, payroll, taxes, and interest of 2.52 M. | |
| NETCLASS TECHNOLOGY generates negative cash flow from operations | |
| NETCLASS TECHNOLOGY has a strong financial position based on the latest SEC filings | |
| About 68.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: NETCLASS TECHNOLOGY INC Wins Landmark Smart Digital Campus Construction Project, Marking a ... |
NETCLASS TECHNOLOGY 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 NETCLASS Stock often depends not only on the future outlook of the current and potential NETCLASS TECHNOLOGY'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. NETCLASS TECHNOLOGY's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 15.8 M | |
| Cash And Short Term Investments | 410.7 K |
NETCLASS TECHNOLOGY Technical Analysis
NETCLASS TECHNOLOGY's future price can be derived by breaking down and analyzing its technical indicators over time. NETCLASS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NETCLASS TECHNOLOGY INC. In general, you should focus on analyzing NETCLASS Stock price patterns and their correlations with different microeconomic environments and drivers.
NETCLASS TECHNOLOGY Predictive Forecast Models
NETCLASS TECHNOLOGY's time-series forecasting models is one of many NETCLASS TECHNOLOGY'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 NETCLASS TECHNOLOGY'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 NETCLASS TECHNOLOGY INC
Checking the ongoing alerts about NETCLASS TECHNOLOGY for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NETCLASS TECHNOLOGY INC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NETCLASS TECHNOLOGY generated a negative expected return over the last 90 days | |
| NETCLASS TECHNOLOGY has high historical volatility and very poor performance | |
| NETCLASS TECHNOLOGY may become a speculative penny stock | |
| The company reported the previous year's revenue of 10.1 M. Net Loss for the year was (1.48 M) with profit before overhead, payroll, taxes, and interest of 2.52 M. | |
| NETCLASS TECHNOLOGY generates negative cash flow from operations | |
| NETCLASS TECHNOLOGY has a strong financial position based on the latest SEC filings | |
| About 68.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: NETCLASS TECHNOLOGY INC Wins Landmark Smart Digital Campus Construction Project, Marking a ... |
Check out NETCLASS TECHNOLOGY Backtesting, NETCLASS TECHNOLOGY Valuation, NETCLASS TECHNOLOGY Correlation, NETCLASS TECHNOLOGY Hype Analysis, NETCLASS TECHNOLOGY Volatility, NETCLASS TECHNOLOGY History as well as NETCLASS TECHNOLOGY Performance. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Diversified Consumer Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NETCLASS TECHNOLOGY. If investors know NETCLASS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NETCLASS TECHNOLOGY listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of NETCLASS TECHNOLOGY INC is measured differently than its book value, which is the value of NETCLASS that is recorded on the company's balance sheet. Investors also form their own opinion of NETCLASS TECHNOLOGY's value that differs from its market value or its book value, called intrinsic value, which is NETCLASS TECHNOLOGY's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NETCLASS TECHNOLOGY's market value can be influenced by many factors that don't directly affect NETCLASS TECHNOLOGY's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NETCLASS TECHNOLOGY's value and its price as these two are different measures arrived at by different means. Investors typically determine if NETCLASS TECHNOLOGY is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NETCLASS TECHNOLOGY's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.