Ntg Clarity Networks Stock Probability of Future Stock Price Finishing Under 1.2
| NCI Stock | CAD 1.57 0.02 1.29% |
NTG |
NTG Clarity Target Price Odds to finish below 1.2
The tendency of NTG 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 C$ 1.20 or more in 90 days |
| 1.57 | 90 days | 1.20 | about 33.92 |
Based on a normal probability distribution, the odds of NTG Clarity to drop to C$ 1.20 or more in 90 days from now is about 33.92 (This NTG Clarity Networks probability density function shows the probability of NTG Stock to fall within a particular range of prices over 90 days) . Probability of NTG Clarity Networks price to stay between C$ 1.20 and its current price of C$1.57 at the end of the 90-day period is about 62.09 .
Assuming the 90 days horizon NTG Clarity has a beta of 0.18. This indicates as returns on the market go up, NTG Clarity average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NTG Clarity Networks will be expected to be much smaller as well. Additionally NTG Clarity Networks has an alpha of 0.3513, implying that it can generate a 0.35 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). NTG Clarity Price Density |
| Price |
Predictive Modules for NTG Clarity
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NTG Clarity Networks. 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.NTG Clarity Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NTG Clarity is not an exception. The market had few large corrections towards the NTG Clarity'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 NTG Clarity Networks, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NTG Clarity within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.35 | |
β | Beta against Dow Jones | 0.18 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | 0.06 |
NTG Clarity 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 NTG Clarity for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NTG Clarity Networks can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NTG Clarity Networks had very high historical volatility over the last 90 days | |
| NTG Clarity Networks may become a speculative penny stock | |
| NTG Clarity Networks has accumulated 8.8 M in total debt with debt to equity ratio (D/E) of 1.28, which is about average as compared to similar companies. NTG Clarity Networks has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist NTG Clarity until it has trouble settling it off, either with new capital or with free cash flow. So, NTG Clarity's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NTG Clarity Networks sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NTG to invest in growth at high rates of return. When we think about NTG Clarity's use of debt, we should always consider it together with cash and equity. | |
| About 41.0% of NTG Clarity outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: NTG Clarity Networks Stock Price Passes Above Two Hundred Day Moving Average - Heres What Happened - MarketBeat |
NTG Clarity 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 NTG Stock often depends not only on the future outlook of the current and potential NTG Clarity'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. NTG Clarity's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 41 M | |
| Cash And Short Term Investments | 358.4 K |
NTG Clarity Technical Analysis
NTG Clarity's future price can be derived by breaking down and analyzing its technical indicators over time. NTG Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NTG Clarity Networks. In general, you should focus on analyzing NTG Stock price patterns and their correlations with different microeconomic environments and drivers.
NTG Clarity Predictive Forecast Models
NTG Clarity's time-series forecasting models is one of many NTG Clarity'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 NTG Clarity'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 NTG Clarity Networks
Checking the ongoing alerts about NTG Clarity for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NTG Clarity Networks help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NTG Clarity Networks had very high historical volatility over the last 90 days | |
| NTG Clarity Networks may become a speculative penny stock | |
| NTG Clarity Networks has accumulated 8.8 M in total debt with debt to equity ratio (D/E) of 1.28, which is about average as compared to similar companies. NTG Clarity Networks has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist NTG Clarity until it has trouble settling it off, either with new capital or with free cash flow. So, NTG Clarity's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NTG Clarity Networks sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NTG to invest in growth at high rates of return. When we think about NTG Clarity's use of debt, we should always consider it together with cash and equity. | |
| About 41.0% of NTG Clarity outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: NTG Clarity Networks Stock Price Passes Above Two Hundred Day Moving Average - Heres What Happened - MarketBeat |
Additional Tools for NTG Stock Analysis
When running NTG Clarity's price analysis, check to measure NTG Clarity'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 NTG Clarity is operating at the current time. Most of NTG Clarity's value examination focuses on studying past and present price action to predict the probability of NTG Clarity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NTG Clarity's price. Additionally, you may evaluate how the addition of NTG Clarity to your portfolios can decrease your overall portfolio volatility.