Naya Biosciences, Stock Probability of Future Stock Price Finishing Over 0.86
| NAYA Stock | 0.94 0.01 1.08% |
NAYA |
NAYA Biosciences, Target Price Odds to finish over 0.86
The tendency of NAYA 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 stay above 0.86 in 90 days |
| 0.94 | 90 days | 0.86 | about 29.27 |
Based on a normal probability distribution, the odds of NAYA Biosciences, to stay above 0.86 in 90 days from now is about 29.27 (This NAYA Biosciences, probability density function shows the probability of NAYA Stock to fall within a particular range of prices over 90 days) . Probability of NAYA Biosciences, price to stay between 0.86 and its current price of 0.94 at the end of the 90-day period is about 19.11 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.5 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, NAYA Biosciences, will likely underperform. Additionally NAYA Biosciences, has an alpha of 0.4668, implying that it can generate a 0.47 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). NAYA Biosciences, Price Density |
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Predictive Modules for NAYA Biosciences,
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NAYA Biosciences,. 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 NAYA Biosciences,'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.
NAYA Biosciences, Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NAYA Biosciences, is not an exception. The market had few large corrections towards the NAYA Biosciences,'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 NAYA Biosciences,, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NAYA Biosciences, within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.47 | |
β | Beta against Dow Jones | 2.50 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | 0.05 |
NAYA Biosciences, 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 NAYA Biosciences, for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NAYA Biosciences, can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NAYA Biosciences, is way too risky over 90 days horizon | |
| NAYA Biosciences, has some characteristics of a very speculative penny stock | |
| NAYA Biosciences, appears to be risky and price may revert if volatility continues | |
| NAYA Biosciences, was previously known as INVO Bioscience and was traded on NASDAQ Exchange under the symbol INVO. | |
| Latest headline from news.google.com: NAYA Biosciences Inc. reports earnings - Quartzy |
NAYA Biosciences, Technical Analysis
NAYA Biosciences,'s future price can be derived by breaking down and analyzing its technical indicators over time. NAYA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NAYA Biosciences,. In general, you should focus on analyzing NAYA Stock price patterns and their correlations with different microeconomic environments and drivers.
NAYA Biosciences, Predictive Forecast Models
NAYA Biosciences,'s time-series forecasting models is one of many NAYA Biosciences,'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 NAYA Biosciences,'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 NAYA Biosciences,
Checking the ongoing alerts about NAYA Biosciences, for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NAYA Biosciences, help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NAYA Biosciences, is way too risky over 90 days horizon | |
| NAYA Biosciences, has some characteristics of a very speculative penny stock | |
| NAYA Biosciences, appears to be risky and price may revert if volatility continues | |
| NAYA Biosciences, was previously known as INVO Bioscience and was traded on NASDAQ Exchange under the symbol INVO. | |
| Latest headline from news.google.com: NAYA Biosciences Inc. reports earnings - Quartzy |
Check out NAYA Biosciences, Backtesting, NAYA Biosciences, Valuation, NAYA Biosciences, Correlation, NAYA Biosciences, Hype Analysis, NAYA Biosciences, Volatility, NAYA Biosciences, History as well as NAYA Biosciences, Performance. For information on how to trade NAYA Stock refer to our How to Trade NAYA Stock guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Medical Equipment 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 NAYA Biosciences,. If investors know NAYA 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 NAYA Biosciences, 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 NAYA Biosciences, is measured differently than its book value, which is the value of NAYA that is recorded on the company's balance sheet. Investors also form their own opinion of NAYA Biosciences,'s value that differs from its market value or its book value, called intrinsic value, which is NAYA Biosciences,'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 NAYA Biosciences,'s market value can be influenced by many factors that don't directly affect NAYA Biosciences,'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 NAYA Biosciences,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if NAYA Biosciences, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NAYA Biosciences,'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.