Newtek Business Services Probability of Future Stock Price Finishing Over 23.7
Newtek Business' future price is the expected price of Newtek Business 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 Newtek Business Services performance during a given time horizon utilizing its historical volatility. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Please specify Newtek Business' target price for which you would like Newtek Business odds to be computed.
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Newtek Business Target Price Odds to finish over 23.7
The tendency of Newtek 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 $ 23.70 or more in 90 days |
| 0.00 | 90 days | 23.70 | close to 99 |
Based on a normal probability distribution, the odds of Newtek Business to move over $ 23.70 or more in 90 days from now is close to 99 (This Newtek Business Services probability density function shows the probability of Newtek Stock to fall within a particular range of prices over 90 days) . Probability of Newtek Business Services price to stay between its current price of $ 0.00 and $ 23.70 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Newtek Business Services has a beta of -0.0091. This indicates as returns on the benchmark increase, returns on holding Newtek Business are expected to decrease at a much lower rate. During a bear market, however, Newtek Business Services is likely to outperform the market. Additionally Newtek Business Services has an alpha of 0.021, implying that it can generate a 0.021 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Newtek Business Price Density |
| Price |
Predictive Modules for Newtek Business
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Newtek Business Services. 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 Newtek Business' 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.
Newtek Business Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Newtek Business is not an exception. The market had few large corrections towards the Newtek Business' 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 Newtek Business Services, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Newtek Business within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.0091 | |
σ | Overall volatility | 0.15 | |
Ir | Information ratio | -0.31 |
Newtek Business 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 Newtek Business for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Newtek Business Services can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Newtek Business is not yet fully synchronised with the market data | |
| Newtek Business has some characteristics of a very speculative penny stock | |
| Newtek Business has a very high chance of going through financial distress in the upcoming years | |
| Newtek Business has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Newtek Business Services has accumulated about 3.6 M in cash with (88.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.18. |
Newtek Business 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 Newtek Stock often depends not only on the future outlook of the current and potential Newtek Business' 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. Newtek Business' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 24.3 M | |
| Cash And Short Term Investments | 184 M |
Newtek Business Technical Analysis
Newtek Business' future price can be derived by breaking down and analyzing its technical indicators over time. Newtek Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Newtek Business Services. In general, you should focus on analyzing Newtek Stock price patterns and their correlations with different microeconomic environments and drivers.
Newtek Business Predictive Forecast Models
Newtek Business' time-series forecasting models is one of many Newtek Business' 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 Newtek Business' 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 Newtek Business Services
Checking the ongoing alerts about Newtek Business for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Newtek Business Services help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Newtek Business is not yet fully synchronised with the market data | |
| Newtek Business has some characteristics of a very speculative penny stock | |
| Newtek Business has a very high chance of going through financial distress in the upcoming years | |
| Newtek Business has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Newtek Business Services has accumulated about 3.6 M in cash with (88.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.18. |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Other Consideration for investing in Newtek Stock
If you are still planning to invest in Newtek Business Services check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Newtek Business' history and understand the potential risks before investing.
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