Nufarm Finance (Australia) Probability of Future Stock Price Finishing Under 88.33
| NFNG Stock | 93.35 1.85 2.02% |
Nufarm |
Nufarm Finance Target Price Odds to finish below 88.33
The tendency of Nufarm 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 88.33 or more in 90 days |
| 93.35 | 90 days | 88.33 | roughly 2.34 |
Based on a normal probability distribution, the odds of Nufarm Finance to drop to 88.33 or more in 90 days from now is roughly 2.34 (This Nufarm Finance NZ probability density function shows the probability of Nufarm Stock to fall within a particular range of prices over 90 days) . Probability of Nufarm Finance NZ price to stay between 88.33 and its current price of 93.35 at the end of the 90-day period is more than 94.0 .
Assuming the 90 days trading horizon Nufarm Finance has a beta of 0.0788. This indicates as returns on the market go up, Nufarm Finance average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nufarm Finance NZ will be expected to be much smaller as well. Additionally Nufarm Finance NZ has an alpha of 0.0814, implying that it can generate a 0.0814 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nufarm Finance Price Density |
| Price |
Predictive Modules for Nufarm Finance
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nufarm Finance NZ. 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.Nufarm Finance Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nufarm Finance is not an exception. The market had few large corrections towards the Nufarm Finance'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 Nufarm Finance NZ, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nufarm Finance within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 1.34 | |
Ir | Information ratio | 0.06 |
Nufarm Finance 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 Nufarm Stock often depends not only on the future outlook of the current and potential Nufarm Finance'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. Nufarm Finance's indicators that are reflective of the short sentiment are summarized in the table below.
| Dividend Yield | 0.0927 |
Nufarm Finance Technical Analysis
Nufarm Finance's future price can be derived by breaking down and analyzing its technical indicators over time. Nufarm Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nufarm Finance NZ. In general, you should focus on analyzing Nufarm Stock price patterns and their correlations with different microeconomic environments and drivers.
Nufarm Finance Predictive Forecast Models
Nufarm Finance's time-series forecasting models is one of many Nufarm Finance'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 Nufarm Finance'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nufarm Finance in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nufarm Finance's short interest history, or implied volatility extrapolated from Nufarm Finance options trading.
Additional Tools for Nufarm Stock Analysis
When running Nufarm Finance's price analysis, check to measure Nufarm Finance'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 Nufarm Finance is operating at the current time. Most of Nufarm Finance's value examination focuses on studying past and present price action to predict the probability of Nufarm Finance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nufarm Finance's price. Additionally, you may evaluate how the addition of Nufarm Finance to your portfolios can decrease your overall portfolio volatility.