NRB Industrial (India) Probability of Future Stock Price Finishing Over 34.3
| NIBL Stock | 27.57 0.74 2.61% |
NRB |
NRB Industrial Target Price Odds to finish over 34.3
The tendency of NRB 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 34.30 or more in 90 days |
| 27.57 | 90 days | 34.30 | about 37.55 |
Based on a normal probability distribution, the odds of NRB Industrial to move over 34.30 or more in 90 days from now is about 37.55 (This NRB Industrial Bearings probability density function shows the probability of NRB Stock to fall within a particular range of prices over 90 days) . Probability of NRB Industrial Bearings price to stay between its current price of 27.57 and 34.30 at the end of the 90-day period is about 48.61 .
Assuming the 90 days trading horizon NRB Industrial has a beta of 0.0648. This indicates as returns on the market go up, NRB Industrial average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NRB Industrial Bearings will be expected to be much smaller as well. Additionally NRB Industrial Bearings 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. NRB Industrial Price Density |
| Price |
Predictive Modules for NRB Industrial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NRB Industrial Bearings. 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.NRB Industrial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NRB Industrial is not an exception. The market had few large corrections towards the NRB Industrial'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 NRB Industrial Bearings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NRB Industrial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.49 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 4.79 | |
Ir | Information ratio | -0.19 |
NRB Industrial 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 NRB Industrial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NRB Industrial Bearings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NRB Industrial generated a negative expected return over the last 90 days | |
| NRB Industrial has high historical volatility and very poor performance | |
| NRB Industrial has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 719.21 M. Net Loss for the year was (259.97 M) with profit before overhead, payroll, taxes, and interest of 459.51 M. | |
| About 79.0% of the company outstanding shares are owned by corporate insiders |
NRB Industrial 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 NRB Stock often depends not only on the future outlook of the current and potential NRB Industrial'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. NRB Industrial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 24.2 M | |
| Cash And Short Term Investments | 931 K |
NRB Industrial Technical Analysis
NRB Industrial's future price can be derived by breaking down and analyzing its technical indicators over time. NRB Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NRB Industrial Bearings. In general, you should focus on analyzing NRB Stock price patterns and their correlations with different microeconomic environments and drivers.
NRB Industrial Predictive Forecast Models
NRB Industrial's time-series forecasting models is one of many NRB Industrial'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 NRB Industrial'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 NRB Industrial Bearings
Checking the ongoing alerts about NRB Industrial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NRB Industrial Bearings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NRB Industrial generated a negative expected return over the last 90 days | |
| NRB Industrial has high historical volatility and very poor performance | |
| NRB Industrial has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 719.21 M. Net Loss for the year was (259.97 M) with profit before overhead, payroll, taxes, and interest of 459.51 M. | |
| About 79.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for NRB Stock Analysis
When running NRB Industrial's price analysis, check to measure NRB Industrial'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 NRB Industrial is operating at the current time. Most of NRB Industrial's value examination focuses on studying past and present price action to predict the probability of NRB Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NRB Industrial's price. Additionally, you may evaluate how the addition of NRB Industrial to your portfolios can decrease your overall portfolio volatility.