NeoMagic Odds of Future Pink Sheet Price Finishing Over 0.0078

NMGCDelisted Stock  USD 0.01  0.00  0.00%   
NeoMagic's future price is the expected price of NeoMagic instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of NeoMagic performance during a given time horizon utilizing its historical volatility. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
  
Please specify NeoMagic's target price for which you would like NeoMagic odds to be computed.

NeoMagic Target Price Odds to finish over 0.0078

The tendency of NeoMagic 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 PriceHorizonTarget PriceOdds to move over $ 0.01  or more in 90 days
 0.01 90 days 0.01 
under 95
Based on a normal probability distribution, the odds of NeoMagic to move over $ 0.01  or more in 90 days from now is under 95 (This NeoMagic probability density function shows the probability of NeoMagic Pink Sheet to fall within a particular range of prices over 90 days) . Probability of NeoMagic price to stay between its current price of $ 0.01  and $ 0.01  at the end of the 90-day period is under 4.
Given the investment horizon of 90 days NeoMagic has a beta of 0.48. This indicates as returns on the market go up, NeoMagic average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NeoMagic will be expected to be much smaller as well. Additionally NeoMagic 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.
   NeoMagic Price Density   
       Price  

Predictive Modules for NeoMagic

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NeoMagic. 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.
Hype
Prediction
LowEstimatedHigh
0.010.010.01
Details
Intrinsic
Valuation
LowRealHigh
0.010.010.01
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as NeoMagic. Your research has to be compared to or analyzed against NeoMagic's peers to derive any actionable benefits. When done correctly, NeoMagic's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in NeoMagic.

NeoMagic Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. NeoMagic is not an exception. The market had few large corrections towards the NeoMagic'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 NeoMagic, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NeoMagic within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.0087
β
Beta against Dow Jones0.48
σ
Overall volatility
0
Ir
Information ratio -0.0017

NeoMagic 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 NeoMagic for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NeoMagic can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
NeoMagic is not yet fully synchronised with the market data
NeoMagic has some characteristics of a very speculative penny stock
NeoMagic has a very high chance of going through financial distress in the upcoming years
The company has a current ratio of 0.87, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist NeoMagic until it has trouble settling it off, either with new capital or with free cash flow. So, NeoMagic's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NeoMagic sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NeoMagic to invest in growth at high rates of return. When we think about NeoMagic's use of debt, we should always consider it together with cash and equity.
NeoMagic currently holds about 437 K in cash with (881 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow.

NeoMagic Technical Analysis

NeoMagic's future price can be derived by breaking down and analyzing its technical indicators over time. NeoMagic Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NeoMagic. In general, you should focus on analyzing NeoMagic Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.

NeoMagic Predictive Forecast Models

NeoMagic's time-series forecasting models is one of many NeoMagic'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 NeoMagic'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 NeoMagic

Checking the ongoing alerts about NeoMagic for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NeoMagic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
NeoMagic is not yet fully synchronised with the market data
NeoMagic has some characteristics of a very speculative penny stock
NeoMagic has a very high chance of going through financial distress in the upcoming years
The company has a current ratio of 0.87, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist NeoMagic until it has trouble settling it off, either with new capital or with free cash flow. So, NeoMagic's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NeoMagic sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NeoMagic to invest in growth at high rates of return. When we think about NeoMagic's use of debt, we should always consider it together with cash and equity.
NeoMagic currently holds about 437 K in cash with (881 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Other Consideration for investing in NeoMagic Pink Sheet

If you are still planning to invest in NeoMagic check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the NeoMagic's history and understand the potential risks before investing.
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