Newtek Business Services Stock Probability of Future Stock Price Finishing Over 25.50
| NEWTZ Stock | USD 24.66 0.04 0.16% |
Newtek |
Newtek Business Target Price Odds to finish over 25.50
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 $ 25.50 or more in 90 days |
| 24.66 | 90 days | 25.50 | near 1 |
Based on a normal probability distribution, the odds of Newtek Business to move over $ 25.50 or more in 90 days from now is near 1 (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 $ 24.66 and $ 25.50 at the end of the 90-day period is about 34.46 .
Assuming the 90 days horizon Newtek Business Services has a beta of -0.018. 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 0.0158, implying that it can generate a 0.0158 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Newtek Business Price Density |
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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 | -0.02 | |
σ | Overall volatility | 0.20 | |
Ir | Information ratio | -0.07 |
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 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 2.62 M in cash with (88.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14. | |
| Newtek Business has a frail financial position based on the latest SEC disclosures | |
| On 1st of November 2024 Newtek Business paid $ 0.3438 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Insider Buying Barry Sloane Acquires Additional Shares of NewtekOne Inc |
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 | 153.1 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 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 2.62 M in cash with (88.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14. | |
| Newtek Business has a frail financial position based on the latest SEC disclosures | |
| On 1st of November 2024 Newtek Business paid $ 0.3438 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Insider Buying Barry Sloane Acquires Additional Shares of NewtekOne Inc |
Additional Tools for Newtek Stock Analysis
When running Newtek Business' price analysis, check to measure Newtek Business' 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 Newtek Business is operating at the current time. Most of Newtek Business' value examination focuses on studying past and present price action to predict the probability of Newtek Business' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newtek Business' price. Additionally, you may evaluate how the addition of Newtek Business to your portfolios can decrease your overall portfolio volatility.