N Able Inc Stock Chance of Future Stock Price Finishing Over 14.08
| NABL Stock | USD 9.34 0.02 0.21% |
NABL |
N Able Target Price Odds to finish over 14.08
The tendency of NABL 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 over $ 14.08 or more in 90 days |
| 9.34 | 90 days | 14.08 | about 1.04 |
Based on a normal probability distribution, the odds of N Able to move over $ 14.08 or more in 90 days from now is about 1.04 (This N Able Inc probability density function shows the probability of NABL Stock to fall within a particular range of prices over 90 days) . Probability of N Able Inc price to stay between its current price of $ 9.34 and $ 14.08 at the end of the 90-day period is more than 93.0 .
Given the investment horizon of 90 days N Able Inc has a beta of -0.13. This indicates as returns on the benchmark increase, returns on holding N Able are expected to decrease at a much lower rate. During a bear market, however, N Able Inc is likely to outperform the market. Additionally N Able 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. N Able Price Density |
| Price |
Predictive Modules for N Able
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as N Able 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.N Able Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. N Able is not an exception. The market had few large corrections towards the N Able'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 N Able Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of N Able within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.5 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 1.22 | |
Ir | Information ratio | -0.31 |
N Able 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 N Able for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for N Able 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.| N Able Inc generated a negative expected return over the last 90 days | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from businesswire.com: N-able Celebrates Several Prestigious Employee-Centered Awards to Close Out the Year |
N Able 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 NABL Stock often depends not only on the future outlook of the current and potential N Able'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. N Able's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 186 M | |
| Cash And Short Term Investments | 153 M |
N Able Technical Analysis
N Able's future price can be derived by breaking down and analyzing its technical indicators over time. NABL Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of N Able Inc. In general, you should focus on analyzing NABL Stock price patterns and their correlations with different microeconomic environments and drivers.