Nanalysis Scientific Corp Stock Probability of Future Stock Price Finishing Over 11.46
| NSCI Stock | CAD 0.31 0.01 3.33% |
Nanalysis |
Nanalysis Scientific Target Price Odds to finish over 11.46
The tendency of Nanalysis 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 C$ 11.46 or more in 90 days |
| 0.31 | 90 days | 11.46 | close to zero percent |
Based on a normal probability distribution, the odds of Nanalysis Scientific to move over C$ 11.46 or more in 90 days from now is close to zero percent (This Nanalysis Scientific Corp probability density function shows the probability of Nanalysis Stock to fall within a particular range of prices over 90 days) . Probability of Nanalysis Scientific Corp price to stay between its current price of C$ 0.31 and C$ 11.46 at the end of the 90-day period is about 84.56 .
Assuming the 90 days trading horizon Nanalysis Scientific Corp has a beta of -1.3. This indicates as returns on its benchmark rise, returns on holding Nanalysis Scientific Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Nanalysis Scientific is expected to outperform its benchmark. Additionally Nanalysis Scientific Corp 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. Nanalysis Scientific Price Density |
| Price |
Predictive Modules for Nanalysis Scientific
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nanalysis Scientific Corp. 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.Nanalysis Scientific Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nanalysis Scientific is not an exception. The market had few large corrections towards the Nanalysis Scientific'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 Nanalysis Scientific Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nanalysis Scientific within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | -1.3 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.09 |
Nanalysis Scientific 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 Nanalysis Scientific for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nanalysis Scientific 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.| Nanalysis Scientific generated a negative expected return over the last 90 days | |
| Nanalysis Scientific has some characteristics of a very speculative penny stock | |
| Nanalysis Scientific has high historical volatility and very poor performance | |
| The company reported the revenue of 28.47 M. Net Loss for the year was (16.78 M) with profit before overhead, payroll, taxes, and interest of 10.24 M. | |
| Nanalysis Scientific Corp has accumulated about 7.44 M in cash with (11.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14. | |
| Latest headline from news.google.com: Nanalysis Scientifics Benchtop NMR Technology Validated by USP for Pharmaceutical Quality Control - StockTitan |
Nanalysis Scientific 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 Nanalysis Stock often depends not only on the future outlook of the current and potential Nanalysis Scientific'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. Nanalysis Scientific's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 101.9 M |
Nanalysis Scientific Technical Analysis
Nanalysis Scientific's future price can be derived by breaking down and analyzing its technical indicators over time. Nanalysis Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nanalysis Scientific Corp. In general, you should focus on analyzing Nanalysis Stock price patterns and their correlations with different microeconomic environments and drivers.
Nanalysis Scientific Predictive Forecast Models
Nanalysis Scientific's time-series forecasting models is one of many Nanalysis Scientific'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 Nanalysis Scientific'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 Nanalysis Scientific Corp
Checking the ongoing alerts about Nanalysis Scientific for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nanalysis Scientific Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nanalysis Scientific generated a negative expected return over the last 90 days | |
| Nanalysis Scientific has some characteristics of a very speculative penny stock | |
| Nanalysis Scientific has high historical volatility and very poor performance | |
| The company reported the revenue of 28.47 M. Net Loss for the year was (16.78 M) with profit before overhead, payroll, taxes, and interest of 10.24 M. | |
| Nanalysis Scientific Corp has accumulated about 7.44 M in cash with (11.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14. | |
| Latest headline from news.google.com: Nanalysis Scientifics Benchtop NMR Technology Validated by USP for Pharmaceutical Quality Control - StockTitan |
Additional Tools for Nanalysis Stock Analysis
When running Nanalysis Scientific's price analysis, check to measure Nanalysis Scientific'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 Nanalysis Scientific is operating at the current time. Most of Nanalysis Scientific's value examination focuses on studying past and present price action to predict the probability of Nanalysis Scientific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nanalysis Scientific's price. Additionally, you may evaluate how the addition of Nanalysis Scientific to your portfolios can decrease your overall portfolio volatility.