Noodles Company Stock Odds of Future Stock Price Finishing Under 0.7
| NDLS Stock | USD 0.72 0.04 5.87% |
Noodles |
Noodles Target Price Odds to finish below 0.7
The tendency of Noodles 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 $ 0.70 or more in 90 days |
| 0.72 | 90 days | 0.70 | about 10.12 |
Based on a normal probability distribution, the odds of Noodles to drop to $ 0.70 or more in 90 days from now is about 10.12 (This Noodles Company probability density function shows the probability of Noodles Stock to fall within a particular range of prices over 90 days) . Probability of Noodles Company price to stay between $ 0.70 and its current price of $0.72 at the end of the 90-day period is about 1.71 .
Given the investment horizon of 90 days Noodles has a beta of 0.0996. This indicates as returns on the market go up, Noodles average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Noodles Company will be expected to be much smaller as well. Additionally Noodles Company 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. Noodles Price Density |
| Price |
Predictive Modules for Noodles
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Noodles Company. 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.Noodles Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Noodles is not an exception. The market had few large corrections towards the Noodles' 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 Noodles Company, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Noodles within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.79 | |
β | Beta against Dow Jones | 0.1 | |
σ | Overall volatility | 0.22 | |
Ir | Information ratio | -0.16 |
Noodles 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 Noodles for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Noodles Company can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Noodles Company generated a negative expected return over the last 90 days | |
| Noodles Company has high historical volatility and very poor performance | |
| Noodles Company has some characteristics of a very speculative penny stock | |
| Noodles Company currently holds 300.41 M in liabilities with Debt to Equity (D/E) ratio of 7.43, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Noodles Company has a current ratio of 0.28, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Noodles' use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 503.4 M. Net Loss for the year was (9.86 M) with profit before overhead, payroll, taxes, and interest of 80.17 M. | |
| Noodles Company has a strong financial position based on the latest SEC filings | |
| About 65.0% of Noodles shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Samyang Foods Sees Global Success with Spicy Noodles |
Noodles 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 Noodles Stock often depends not only on the future outlook of the current and potential Noodles' 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. Noodles' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 45.9 M | |
| Cash And Short Term Investments | 3 M |
Noodles Technical Analysis
Noodles' future price can be derived by breaking down and analyzing its technical indicators over time. Noodles Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Noodles Company. In general, you should focus on analyzing Noodles Stock price patterns and their correlations with different microeconomic environments and drivers.
Noodles Predictive Forecast Models
Noodles' time-series forecasting models is one of many Noodles' 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 Noodles' 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 Noodles Company
Checking the ongoing alerts about Noodles for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Noodles Company help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Noodles Company generated a negative expected return over the last 90 days | |
| Noodles Company has high historical volatility and very poor performance | |
| Noodles Company has some characteristics of a very speculative penny stock | |
| Noodles Company currently holds 300.41 M in liabilities with Debt to Equity (D/E) ratio of 7.43, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Noodles Company has a current ratio of 0.28, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Noodles' use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 503.4 M. Net Loss for the year was (9.86 M) with profit before overhead, payroll, taxes, and interest of 80.17 M. | |
| Noodles Company has a strong financial position based on the latest SEC filings | |
| About 65.0% of Noodles shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Samyang Foods Sees Global Success with Spicy Noodles |
Additional Tools for Noodles Stock Analysis
When running Noodles' price analysis, check to measure Noodles' 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 Noodles is operating at the current time. Most of Noodles' value examination focuses on studying past and present price action to predict the probability of Noodles' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Noodles' price. Additionally, you may evaluate how the addition of Noodles to your portfolios can decrease your overall portfolio volatility.