Novacyt (France) Odds of Future Stock Price Finishing Over 15.56

ALNOV Stock  EUR 0.55  0.03  5.17%   
Novacyt's future price is the expected price of Novacyt instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Novacyt performance during a given time horizon utilizing its historical volatility. Check out Novacyt Backtesting, Novacyt Valuation, Novacyt Correlation, Novacyt Hype Analysis, Novacyt Volatility, Novacyt History as well as Novacyt Performance.
  
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Novacyt 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 Novacyt for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Novacyt can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Novacyt generated a negative expected return over the last 90 days
Novacyt has high historical volatility and very poor performance
Novacyt has some characteristics of a very speculative penny stock
The company reported the revenue of 95.78 M. Net Loss for the year was (9.73 M) with profit before overhead, payroll, taxes, and interest of 64.87 M.

Novacyt 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 Novacyt Stock often depends not only on the future outlook of the current and potential Novacyt'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. Novacyt's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding79.9 M
Cash And Short Term Investments101.8 M

Novacyt Technical Analysis

Novacyt's future price can be derived by breaking down and analyzing its technical indicators over time. Novacyt Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Novacyt. In general, you should focus on analyzing Novacyt Stock price patterns and their correlations with different microeconomic environments and drivers.

Novacyt Predictive Forecast Models

Novacyt's time-series forecasting models is one of many Novacyt'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 Novacyt'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 Novacyt

Checking the ongoing alerts about Novacyt for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Novacyt help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Novacyt generated a negative expected return over the last 90 days
Novacyt has high historical volatility and very poor performance
Novacyt has some characteristics of a very speculative penny stock
The company reported the revenue of 95.78 M. Net Loss for the year was (9.73 M) with profit before overhead, payroll, taxes, and interest of 64.87 M.

Additional Tools for Novacyt Stock Analysis

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