Nano Labs Etf Probability of Future Etf Price Finishing Under 0.11
| NA Etf | USD 9.27 0.12 1.28% |
Nano |
Nano Labs Target Price Odds to finish below 0.11
The tendency of Nano Etf 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 $ 0.11 or more in 90 days |
| 9.27 | 90 days | 0.11 | near 1 |
Based on a normal probability distribution, the odds of Nano Labs to drop to $ 0.11 or more in 90 days from now is near 1 (This Nano Labs probability density function shows the probability of Nano Etf to fall within a particular range of prices over 90 days) . Probability of Nano Labs price to stay between $ 0.11 and its current price of $9.27 at the end of the 90-day period is about 84.14 .
Allowing for the 90-day total investment horizon Nano Labs has a beta of -2.76. This indicates as returns on its benchmark rise, returns on holding Nano Labs are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Nano Labs is expected to outperform its benchmark. In addition to that Nano Labs has an alpha of 4.0256, implying that it can generate a 4.03 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nano Labs Price Density |
| Price |
Predictive Modules for Nano Labs
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nano Labs. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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.Nano Labs Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nano Labs is not an exception. The market had few large corrections towards the Nano Labs' 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 Nano Labs, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nano Labs within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 4.03 | |
β | Beta against Dow Jones | -2.76 | |
σ | Overall volatility | 2.48 | |
Ir | Information ratio | 0.15 |
Nano Labs 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 Nano Labs for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nano Labs can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nano Labs is way too risky over 90 days horizon | |
| Nano Labs appears to be risky and price may revert if volatility continues | |
| Nano Labs has high likelihood to experience some financial distress in the next 2 years | |
| The company generated the yearly revenue of 78.34 M. Annual Net Loss to common stockholders was (254.35 M) with gross profit of 230.16 M. | |
| Nano Labs reports about 55.23 M in cash with (133.47 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.03. | |
| Roughly 78.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: MicroStrategy Increases Bitcoin Holdings to 360 BTC | |
| The fund maintains all of the assets in different exotic instruments |
Nano Labs 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 Nano Etf often depends not only on the future outlook of the current and potential Nano Labs' 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. Nano Labs' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 58.9 M | |
| Cash And Short Term Investments | 50.5 M |
Nano Labs Technical Analysis
Nano Labs' future price can be derived by breaking down and analyzing its technical indicators over time. Nano Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nano Labs. In general, you should focus on analyzing Nano Etf price patterns and their correlations with different microeconomic environments and drivers.
Nano Labs Predictive Forecast Models
Nano Labs' time-series forecasting models is one of many Nano Labs' etf 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 Nano Labs' 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 etf market movement and maximize returns from investment trading.
Things to note about Nano Labs
Checking the ongoing alerts about Nano Labs for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nano Labs help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nano Labs is way too risky over 90 days horizon | |
| Nano Labs appears to be risky and price may revert if volatility continues | |
| Nano Labs has high likelihood to experience some financial distress in the next 2 years | |
| The company generated the yearly revenue of 78.34 M. Annual Net Loss to common stockholders was (254.35 M) with gross profit of 230.16 M. | |
| Nano Labs reports about 55.23 M in cash with (133.47 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.03. | |
| Roughly 78.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: MicroStrategy Increases Bitcoin Holdings to 360 BTC | |
| The fund maintains all of the assets in different exotic instruments |
Other Information on Investing in Nano Etf
Nano Labs financial ratios help investors to determine whether Nano Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nano with respect to the benefits of owning Nano Labs security.