New Generation Consumer Stock Probability of Future Pink Sheet Price Finishing Under 7.5E-4
| NGCG Stock | USD 0.0007 0.0001 12.50% |
New |
New Generation Target Price Odds to finish below 7.5E-4
The tendency of New Pink Sheet 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 stay under $ 0.0008 after 90 days |
| 0.0007 | 90 days | 0.0008 | about 32.32 |
Based on a normal probability distribution, the odds of New Generation to stay under $ 0.0008 after 90 days from now is about 32.32 (This New Generation Consumer probability density function shows the probability of New Pink Sheet to fall within a particular range of prices over 90 days) . Probability of New Generation Consumer price to stay between its current price of $ 0.0007 and $ 0.0008 at the end of the 90-day period is about 10.31 .
Given the investment horizon of 90 days New Generation Consumer has a beta of -1.42. This indicates as returns on its benchmark rise, returns on holding New Generation Consumer are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, New Generation is expected to outperform its benchmark. Additionally New Generation Consumer has an alpha of 0.8675, implying that it can generate a 0.87 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). New Generation Price Density |
| Price |
Predictive Modules for New Generation
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 Generation Consumer. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 New Generation's 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.
New Generation Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. New Generation is not an exception. The market had few large corrections towards the New Generation'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 Generation Consumer, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of New Generation within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.87 | |
β | Beta against Dow Jones | -1.42 | |
σ | Overall volatility | 0.0002 | |
Ir | Information ratio | 0.04 |
New Generation 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 Generation for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for New Generation Consumer 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 Generation is way too risky over 90 days horizon | |
| New Generation has some characteristics of a very speculative penny stock | |
| New Generation appears to be risky and price may revert if volatility continues | |
| New Generation has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (16.75 K) with profit before overhead, payroll, taxes, and interest of 441.93 K. | |
| New Generation Consumer currently holds about 80 in cash with (900) of positive cash flow from operations. |
New Generation Technical Analysis
New Generation's future price can be derived by breaking down and analyzing its technical indicators over time. New Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of New Generation Consumer. In general, you should focus on analyzing New Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
New Generation Predictive Forecast Models
New Generation's time-series forecasting models is one of many New Generation's pink sheet 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 Generation'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 pink sheet market movement and maximize returns from investment trading.
Things to note about New Generation Consumer
Checking the ongoing alerts about New Generation for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for New Generation Consumer help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| New Generation is way too risky over 90 days horizon | |
| New Generation has some characteristics of a very speculative penny stock | |
| New Generation appears to be risky and price may revert if volatility continues | |
| New Generation has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (16.75 K) with profit before overhead, payroll, taxes, and interest of 441.93 K. | |
| New Generation Consumer currently holds about 80 in cash with (900) of positive cash flow from operations. |
Other Information on Investing in New Pink Sheet
New Generation financial ratios help investors to determine whether New Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in New with respect to the benefits of owning New Generation security.