Newgenivf Group Limited Stock Probability of Future Stock Price Finishing Over 0.38
| NIVF Stock | 0.32 0.06 14.68% |
NewGenIvf |
NewGenIvf Group Target Price Odds to finish over 0.38
The tendency of NewGenIvf 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 0.38 or more in 90 days |
| 0.32 | 90 days | 0.38 | about 87.45 |
Based on a normal probability distribution, the odds of NewGenIvf Group to move over 0.38 or more in 90 days from now is about 87.45 (This NewGenIvf Group Limited probability density function shows the probability of NewGenIvf Stock to fall within a particular range of prices over 90 days) . Probability of NewGenIvf Group price to stay between its current price of 0.32 and 0.38 at the end of the 90-day period is nearly 4.02 .
Given the investment horizon of 90 days NewGenIvf Group Limited has a beta of -3.62. This indicates as returns on its benchmark rise, returns on holding NewGenIvf Group Limited are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, NewGenIvf Group is expected to outperform its benchmark. Moreover NewGenIvf Group Limited has an alpha of 1.0249, implying that it can generate a 1.02 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). NewGenIvf Group Price Density |
| Price |
Predictive Modules for NewGenIvf Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NewGenIvf Group. 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 NewGenIvf Group'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.
NewGenIvf Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NewGenIvf Group is not an exception. The market had few large corrections towards the NewGenIvf Group'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 NewGenIvf Group Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NewGenIvf Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.02 | |
β | Beta against Dow Jones | -3.62 | |
σ | Overall volatility | 0.27 | |
Ir | Information ratio | 0.02 |
NewGenIvf Group 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 NewGenIvf Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NewGenIvf Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NewGenIvf Group is way too risky over 90 days horizon | |
| NewGenIvf Group has some characteristics of a very speculative penny stock | |
| NewGenIvf Group appears to be risky and price may revert if volatility continues | |
| NewGenIvf Group has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 5.14 M. Net Loss for the year was (690.85 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| NewGenIvf Group generates negative cash flow from operations | |
| NewGenIvf Group has a frail financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: NewGen Signs Binding Term Sheet for Reverse Merger with European Wellness Investment Holdings |
NewGenIvf Group 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 NewGenIvf Stock often depends not only on the future outlook of the current and potential NewGenIvf Group'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. NewGenIvf Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.4 M | |
| Cash And Short Term Investments | 42.2 K |
NewGenIvf Group Technical Analysis
NewGenIvf Group's future price can be derived by breaking down and analyzing its technical indicators over time. NewGenIvf Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NewGenIvf Group Limited. In general, you should focus on analyzing NewGenIvf Stock price patterns and their correlations with different microeconomic environments and drivers.
NewGenIvf Group Predictive Forecast Models
NewGenIvf Group's time-series forecasting models is one of many NewGenIvf Group'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 NewGenIvf Group'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 NewGenIvf Group
Checking the ongoing alerts about NewGenIvf Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NewGenIvf Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NewGenIvf Group is way too risky over 90 days horizon | |
| NewGenIvf Group has some characteristics of a very speculative penny stock | |
| NewGenIvf Group appears to be risky and price may revert if volatility continues | |
| NewGenIvf Group has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 5.14 M. Net Loss for the year was (690.85 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| NewGenIvf Group generates negative cash flow from operations | |
| NewGenIvf Group has a frail financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: NewGen Signs Binding Term Sheet for Reverse Merger with European Wellness Investment Holdings |
Check out NewGenIvf Group Backtesting, NewGenIvf Group Valuation, NewGenIvf Group Correlation, NewGenIvf Group Hype Analysis, NewGenIvf Group Volatility, NewGenIvf Group History as well as NewGenIvf Group Performance. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NewGenIvf Group. If investors know NewGenIvf will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NewGenIvf Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of NewGenIvf Group is measured differently than its book value, which is the value of NewGenIvf that is recorded on the company's balance sheet. Investors also form their own opinion of NewGenIvf Group's value that differs from its market value or its book value, called intrinsic value, which is NewGenIvf Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NewGenIvf Group's market value can be influenced by many factors that don't directly affect NewGenIvf Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NewGenIvf Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if NewGenIvf Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NewGenIvf Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.