Nikola Corp Stock Probability of Future Stock Price Finishing Under 5.26
| NKLA Stock | USD 1.18 0.01 0.85% |
Nikola |
Nikola Corp 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 Nikola Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nikola Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nikola Corp generated a negative expected return over the last 90 days | |
| Nikola Corp has high historical volatility and very poor performance | |
| Nikola Corp may become a speculative penny stock | |
| Nikola Corp has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 35.84 M. Net Loss for the year was (864.62 M) with loss before overhead, payroll, taxes, and interest of (104.76 M). | |
| Nikola Corp currently holds about 319.94 M in cash with (496.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.67. |
Nikola Corp 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 Nikola Stock often depends not only on the future outlook of the current and potential Nikola Corp'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. Nikola Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 26.7 M | |
| Cash And Short Term Investments | 465.9 M |
Nikola Corp Technical Analysis
Nikola Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Nikola Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nikola Corp. In general, you should focus on analyzing Nikola Stock price patterns and their correlations with different microeconomic environments and drivers.
Nikola Corp Predictive Forecast Models
Nikola Corp's time-series forecasting models is one of many Nikola Corp'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 Nikola Corp'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 Nikola Corp
Checking the ongoing alerts about Nikola Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nikola Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nikola Corp generated a negative expected return over the last 90 days | |
| Nikola Corp has high historical volatility and very poor performance | |
| Nikola Corp may become a speculative penny stock | |
| Nikola Corp has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 35.84 M. Net Loss for the year was (864.62 M) with loss before overhead, payroll, taxes, and interest of (104.76 M). | |
| Nikola Corp currently holds about 319.94 M in cash with (496.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.67. |
Check out Nikola Corp Backtesting, Nikola Corp Valuation, Nikola Corp Correlation, Nikola Corp Hype Analysis, Nikola Corp Volatility, Nikola Corp History as well as Nikola Corp Performance. For information on how to trade Nikola Stock refer to our How to Trade Nikola Stock guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Construction Machinery & Heavy Transportation Equipment 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 Nikola Corp. If investors know Nikola 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 Nikola Corp 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 Nikola Corp is measured differently than its book value, which is the value of Nikola that is recorded on the company's balance sheet. Investors also form their own opinion of Nikola Corp's value that differs from its market value or its book value, called intrinsic value, which is Nikola Corp'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 Nikola Corp's market value can be influenced by many factors that don't directly affect Nikola Corp'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 Nikola Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nikola Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nikola Corp'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.