Npk International Stock Probability of Future Stock Price Finishing Over 8.67
| NPKI Stock | 7.51 0.06 0.79% |
Closest to current price NPK long PUT Option Payoff at Expiration
NPK |
NPK International Target Price Odds to finish over 8.67
The tendency of NPK 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 8.67 or more in 90 days |
| 7.51 | 90 days | 8.67 | near 1 |
Based on a normal probability distribution, the odds of NPK International to move over 8.67 or more in 90 days from now is near 1 (This NPK International probability density function shows the probability of NPK Stock to fall within a particular range of prices over 90 days) . Probability of NPK International price to stay between its current price of 7.51 and 8.67 at the end of the 90-day period is about 38.01 .
Given the investment horizon of 90 days NPK International has a beta of 0.9. This indicates NPK International market returns are responsive to returns on the market. As the market goes up or down, NPK International is expected to follow. Additionally NPK International has an alpha of 0.1672, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). NPK International Price Density |
| Price |
Predictive Modules for NPK International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NPK International. 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.NPK International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NPK International is not an exception. The market had few large corrections towards the NPK International'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 NPK International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NPK International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | 0.90 | |
σ | Overall volatility | 0.47 | |
Ir | Information ratio | 0.07 |
NPK International 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 NPK International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NPK International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NPK International was previously known as Newpark Resources and was traded on New York Stock Exchange under the symbol NR. | |
| Latest headline from finance.yahoo.com: Are NPK International Inc.s Fundamentals Good Enough to Warrant Buying Given The Stocks Recent Weakness |
NPK International Technical Analysis
NPK International's future price can be derived by breaking down and analyzing its technical indicators over time. NPK Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NPK International. In general, you should focus on analyzing NPK Stock price patterns and their correlations with different microeconomic environments and drivers.
NPK International Predictive Forecast Models
NPK International's time-series forecasting models is one of many NPK International'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 NPK International'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 NPK International
Checking the ongoing alerts about NPK International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NPK International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NPK International was previously known as Newpark Resources and was traded on New York Stock Exchange under the symbol NR. | |
| Latest headline from finance.yahoo.com: Are NPK International Inc.s Fundamentals Good Enough to Warrant Buying Given The Stocks Recent Weakness |
Check out NPK International Backtesting, NPK International Valuation, NPK International Correlation, NPK International Hype Analysis, NPK International Volatility, NPK International History as well as NPK International Performance. For more detail on how to invest in NPK Stock please use our How to Invest in NPK International guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Machinery 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 NPK International. If investors know NPK 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 NPK International 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 NPK International is measured differently than its book value, which is the value of NPK that is recorded on the company's balance sheet. Investors also form their own opinion of NPK International's value that differs from its market value or its book value, called intrinsic value, which is NPK International'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 NPK International's market value can be influenced by many factors that don't directly affect NPK International'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 NPK International's value and its price as these two are different measures arrived at by different means. Investors typically determine if NPK International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NPK International'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.