Will New Era Stock Price rise over 10.85?

New Era Helium Stock Odds of Future Stock Price Finishing Over 10.85

NEHC Stock   2.80  0.06  2.10%   
New Era's future price is the expected price of New Era instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of New Era Helium performance during a given time horizon utilizing its historical volatility. Check out New Era Backtesting, New Era Valuation, New Era Correlation, New Era Hype Analysis, New Era Volatility, New Era History as well as New Era Performance.
  
Please specify New Era's target price for which you would like New Era odds to be computed.

New Era Target Price Odds to finish over 10.85

The tendency of New 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 PriceHorizonTarget PriceOdds to move over  10.85  or more in 90 days
 2.80 90 days 10.85 
about 38.7
Based on a normal probability distribution, the odds of New Era to move over  10.85  or more in 90 days from now is about 38.7 (This New Era Helium probability density function shows the probability of New Stock to fall within a particular range of prices over 90 days) . Probability of New Era Helium price to stay between its current price of  2.80  and  10.85  at the end of the 90-day period is about 60.78 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.33 . 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, New Era will likely underperform. Additionally New Era Helium 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.
   New Era Price Density   
JavaScript chart by amCharts 3.21.151.653.144.716.287.849.4110.912.4714.12Current PriceTargetNew Era Mean 0.020.040.060.080.100.120.14
       Price  

Predictive Modules for New Era

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as New Era Helium. 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.
Hype
Prediction
LowEstimatedHigh
0.183.5811.71
Details
Intrinsic
Valuation
LowRealHigh
0.132.6910.82
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as New Era. Your research has to be compared to or analyzed against New Era's peers to derive any actionable benefits. When done correctly, New Era's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in New Era Helium.

New Era Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. New Era is not an exception. The market had few large corrections towards the New Era'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 New Era Helium, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of New Era within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-1.78
β
Beta against Dow Jones1.33
σ
Overall volatility
2.82
Ir
Information ratio -0.22

New Era 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 New Era for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for New Era Helium can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
New Era Helium generated a negative expected return over the last 90 days
New Era Helium has high historical volatility and very poor performance
Latest headline from finance.yahoo.com: New Era Helium to Ring Nasdaq Opening Bell, Kicking Off 2025 Trading on January 2, 2025

New Era Technical Analysis

New Era's future price can be derived by breaking down and analyzing its technical indicators over time. New Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of New Era Helium. In general, you should focus on analyzing New Stock price patterns and their correlations with different microeconomic environments and drivers.

New Era Predictive Forecast Models

New Era's time-series forecasting models is one of many New Era'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 New Era'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 New Era Helium

Checking the ongoing alerts about New Era for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for New Era Helium help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
New Era Helium generated a negative expected return over the last 90 days
New Era Helium has high historical volatility and very poor performance
Latest headline from finance.yahoo.com: New Era Helium to Ring Nasdaq Opening Bell, Kicking Off 2025 Trading on January 2, 2025
When determining whether New Era Helium is a strong investment it is important to analyze New Era's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact New Era's future performance. For an informed investment choice regarding New Stock, refer to the following important reports:
Check out New Era Backtesting, New Era Valuation, New Era Correlation, New Era Hype Analysis, New Era Volatility, New Era History as well as New Era Performance.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Stock 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 New Era. If investors know New 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 New Era 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 New Era Helium is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Era's value that differs from its market value or its book value, called intrinsic value, which is New Era'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 New Era's market value can be influenced by many factors that don't directly affect New Era'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 New Era's value and its price as these two are different measures arrived at by different means. Investors typically determine if New Era is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Era'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.
News Freq…Investor S…