Nuvve Holding Corp Stock Probability of Future Stock Price Finishing Under 0.06
| NVVE Stock | USD 3.31 0.00 0.00% |
Nuvve |
Nuvve Holding Target Price Odds to finish below 0.06
The tendency of Nuvve 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 $ 0.06 or more in 90 days |
| 3.31 | 90 days | 0.06 | near 1 |
Based on a normal probability distribution, the odds of Nuvve Holding to drop to $ 0.06 or more in 90 days from now is near 1 (This Nuvve Holding Corp probability density function shows the probability of Nuvve Stock to fall within a particular range of prices over 90 days) . Probability of Nuvve Holding Corp price to stay between $ 0.06 and its current price of $3.31 at the end of the 90-day period is about 21.59 .
Given the investment horizon of 90 days Nuvve Holding has a beta of 0.89. This indicates Nuvve Holding Corp market returns are highly-sensitive to returns on the market. As the market goes up or down, Nuvve Holding is expected to follow. Additionally Nuvve Holding 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. Nuvve Holding Price Density |
| Price |
Predictive Modules for Nuvve Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nuvve Holding 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nuvve Holding'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.
Nuvve Holding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nuvve Holding is not an exception. The market had few large corrections towards the Nuvve Holding'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 Nuvve Holding Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nuvve Holding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.97 | |
β | Beta against Dow Jones | 0.89 | |
σ | Overall volatility | 0.84 | |
Ir | Information ratio | -0.21 |
Nuvve Holding 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 Nuvve Holding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nuvve Holding 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.| Nuvve Holding Corp generated a negative expected return over the last 90 days | |
| Nuvve Holding Corp has high historical volatility and very poor performance | |
| Nuvve Holding Corp has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 8.33 M. Net Loss for the year was (31.28 M) with profit before overhead, payroll, taxes, and interest of 2.19 M. | |
| Nuvve Holding Corp currently holds about 14.89 M in cash with (21.25 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.67. | |
| Roughly 35.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from MacroaxisInsider: Acquisition by David Robson of 41411 shares of Nuvve Holding subject to Rule 16b-3 |
Nuvve Holding 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 Nuvve Stock often depends not only on the future outlook of the current and potential Nuvve Holding'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. Nuvve Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 798.3 K | |
| Cash And Short Term Investments | 1.5 M | |
| Shares Float | 252.5 K |
Nuvve Holding Technical Analysis
Nuvve Holding's future price can be derived by breaking down and analyzing its technical indicators over time. Nuvve Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nuvve Holding Corp. In general, you should focus on analyzing Nuvve Stock price patterns and their correlations with different microeconomic environments and drivers.
Nuvve Holding Predictive Forecast Models
Nuvve Holding's time-series forecasting models is one of many Nuvve Holding'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 Nuvve Holding'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 Nuvve Holding Corp
Checking the ongoing alerts about Nuvve Holding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nuvve Holding Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nuvve Holding Corp generated a negative expected return over the last 90 days | |
| Nuvve Holding Corp has high historical volatility and very poor performance | |
| Nuvve Holding Corp has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 8.33 M. Net Loss for the year was (31.28 M) with profit before overhead, payroll, taxes, and interest of 2.19 M. | |
| Nuvve Holding Corp currently holds about 14.89 M in cash with (21.25 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.67. | |
| Roughly 35.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from MacroaxisInsider: Acquisition by David Robson of 41411 shares of Nuvve Holding subject to Rule 16b-3 |
Check out Nuvve Holding Backtesting, Nuvve Holding Valuation, Nuvve Holding Correlation, Nuvve Holding Hype Analysis, Nuvve Holding Volatility, Nuvve Holding History as well as Nuvve Holding Performance. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Electrical Components & 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 Nuvve Holding. If investors know Nuvve 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 Nuvve Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (390.25) | Revenue Per Share 19.423 | Quarterly Revenue Growth (0.62) | Return On Assets (0.70) | Return On Equity (2.61) |
The market value of Nuvve Holding Corp is measured differently than its book value, which is the value of Nuvve that is recorded on the company's balance sheet. Investors also form their own opinion of Nuvve Holding's value that differs from its market value or its book value, called intrinsic value, which is Nuvve Holding'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 Nuvve Holding's market value can be influenced by many factors that don't directly affect Nuvve Holding'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 Nuvve Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuvve Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuvve Holding'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.