Nu Skin Enterprises Stock Odds of Future Stock Price Finishing Under 0.08
| NUS Stock | USD 6.68 0.08 1.18% |
NUS |
Nu Skin Target Price Odds to finish below 0.08
The tendency of NUS 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 drop to $ 0.08 or more in 90 days |
| 6.68 | 90 days | 0.08 | near 1 |
Based on a normal probability distribution, the odds of Nu Skin to drop to $ 0.08 or more in 90 days from now is near 1 (This Nu Skin Enterprises probability density function shows the probability of NUS Stock to fall within a particular range of prices over 90 days) . Probability of Nu Skin Enterprises price to stay between $ 0.08 and its current price of $6.68 at the end of the 90-day period is about 37.76 .
Considering the 90-day investment horizon Nu Skin Enterprises has a beta of -0.27. This indicates as returns on the benchmark increase, returns on holding Nu Skin are expected to decrease at a much lower rate. During a bear market, however, Nu Skin Enterprises is likely to outperform the market. Additionally Nu Skin Enterprises 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. Nu Skin Price Density |
| Price |
Predictive Modules for Nu Skin
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nu Skin Enterprises. 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 Nu Skin'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.
Nu Skin Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nu Skin is not an exception. The market had few large corrections towards the Nu Skin'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 Nu Skin Enterprises, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nu Skin within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | -0.27 | |
σ | Overall volatility | 0.58 | |
Ir | Information ratio | -0.01 |
Nu Skin 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 Nu Skin for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nu Skin Enterprises can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 81.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Disposition of tradable shares by Zorko Mark A of Nu Skin subject to Rule 16b-3 |
Nu Skin 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 NUS Stock often depends not only on the future outlook of the current and potential Nu Skin'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. Nu Skin's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 49.9 M | |
| Cash And Short Term Investments | 267.8 M |
Nu Skin Technical Analysis
Nu Skin's future price can be derived by breaking down and analyzing its technical indicators over time. NUS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nu Skin Enterprises. In general, you should focus on analyzing NUS Stock price patterns and their correlations with different microeconomic environments and drivers.
Nu Skin Predictive Forecast Models
Nu Skin's time-series forecasting models is one of many Nu Skin'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 Nu Skin'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.