Next Technology Holding Stock Probability of Future Stock Price Finishing Under 0.31
| NXTT Stock | 2.48 0.18 7.83% |
Next Technology Target Price Odds to finish below 0.31
The tendency of Next 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 0.31 or more in 90 days |
| 2.48 | 90 days | 0.31 | about 15.33 |
Based on a normal probability distribution, the odds of Next Technology to drop to 0.31 or more in 90 days from now is about 15.33 (This Next Technology Holding probability density function shows the probability of Next Stock to fall within a particular range of prices over 90 days) . Probability of Next Technology Holding price to stay between 0.31 and its current price of 2.48 at the end of the 90-day period is about 74.31 .
Given the investment horizon of 90 days Next Technology has a beta of 0.33. This indicates as returns on the market go up, Next Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Next Technology Holding will be expected to be much smaller as well. In addition to that Next Technology Holding has an alpha of 12.5826, implying that it can generate a 12.58 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Next Technology Price Density |
| Price |
Predictive Modules for Next 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 Next Technology Holding. 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 Next 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.
Next Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Next Technology is not an exception. The market had few large corrections towards the Next 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 Next Technology Holding, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Next Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 12.58 | |
β | Beta against Dow Jones | 0.33 | |
σ | Overall volatility | 0.95 | |
Ir | Information ratio | 0.14 |
Next 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 Next Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Next Technology Holding can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Next Technology is way too risky over 90 days horizon | |
| Next Technology appears to be risky and price may revert if volatility continues | |
| Next Technology has high likelihood to experience some financial distress in the next 2 years | |
| About 75.0% of the company outstanding shares are owned by corporate insiders |
Next 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 Next Stock often depends not only on the future outlook of the current and potential Next 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. Next Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.8 M | |
| Cash And Short Term Investments | 668.4 K |
Next Technology Technical Analysis
Next Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Next Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Next Technology Holding. In general, you should focus on analyzing Next Stock price patterns and their correlations with different microeconomic environments and drivers.
Next Technology Predictive Forecast Models
Next Technology's time-series forecasting models is one of many Next 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 Next 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 Next Technology Holding
Checking the ongoing alerts about Next Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Next Technology Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Next Technology is way too risky over 90 days horizon | |
| Next Technology appears to be risky and price may revert if volatility continues | |
| Next Technology has high likelihood to experience some financial distress in the next 2 years | |
| About 75.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Next Stock Analysis
When running Next Technology's price analysis, check to measure Next Technology'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 Next Technology is operating at the current time. Most of Next Technology's value examination focuses on studying past and present price action to predict the probability of Next Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Next Technology's price. Additionally, you may evaluate how the addition of Next Technology to your portfolios can decrease your overall portfolio volatility.