Nexgel Warrant Stock Probability of Future Stock Price Finishing Under 0.61
| NXGLW Stock | USD 0.89 0.09 11.25% |
NexGel |
NexGel Warrant Target Price Odds to finish below 0.61
The tendency of NexGel 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 $ 0.61 or more in 90 days |
| 0.89 | 90 days | 0.61 | about 66.51 |
Based on a normal probability distribution, the odds of NexGel Warrant to drop to $ 0.61 or more in 90 days from now is about 66.51 (This NexGel Warrant probability density function shows the probability of NexGel Stock to fall within a particular range of prices over 90 days) . Probability of NexGel Warrant price to stay between $ 0.61 and its current price of $0.89 at the end of the 90-day period is about 32.65 .
Assuming the 90 days horizon NexGel Warrant has a beta of 0.94. This indicates NexGel Warrant market returns are correlated to returns on the market. As the market goes up or down, NexGel Warrant is expected to follow. Moreover NexGel Warrant has an alpha of 1.5431, implying that it can generate a 1.54 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). NexGel Warrant Price Density |
| Price |
Predictive Modules for NexGel Warrant
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NexGel Warrant. 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.NexGel Warrant Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NexGel Warrant is not an exception. The market had few large corrections towards the NexGel Warrant'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 NexGel Warrant, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NexGel Warrant within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.54 | |
β | Beta against Dow Jones | 0.94 | |
σ | Overall volatility | 0.14 | |
Ir | Information ratio | 0.13 |
NexGel Warrant 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 NexGel Warrant for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NexGel Warrant can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NexGel Warrant is way too risky over 90 days horizon | |
| NexGel Warrant has some characteristics of a very speculative penny stock | |
| NexGel Warrant appears to be risky and price may revert if volatility continues | |
| NexGel Warrant has high likelihood to experience some financial distress in the next 2 years | |
| NexGel Warrant has accumulated 2.8 M in total debt with debt to equity ratio (D/E) of 7.34, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. NexGel Warrant has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about NexGel Warrant's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the revenue of 4.09 M. Net Loss for the year was (3.16 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| NexGel Warrant has accumulated about 1.25 M in cash with (3.24 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.42. | |
| NexGel Warrant has a frail financial position based on the latest SEC disclosures |
NexGel Warrant 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 NexGel Stock often depends not only on the future outlook of the current and potential NexGel Warrant'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. NexGel Warrant's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.7 M | |
| Cash And Short Term Investments | 2.7 M |
NexGel Warrant Technical Analysis
NexGel Warrant's future price can be derived by breaking down and analyzing its technical indicators over time. NexGel Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NexGel Warrant. In general, you should focus on analyzing NexGel Stock price patterns and their correlations with different microeconomic environments and drivers.
NexGel Warrant Predictive Forecast Models
NexGel Warrant's time-series forecasting models is one of many NexGel Warrant'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 NexGel Warrant'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 NexGel Warrant
Checking the ongoing alerts about NexGel Warrant for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NexGel Warrant help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NexGel Warrant is way too risky over 90 days horizon | |
| NexGel Warrant has some characteristics of a very speculative penny stock | |
| NexGel Warrant appears to be risky and price may revert if volatility continues | |
| NexGel Warrant has high likelihood to experience some financial distress in the next 2 years | |
| NexGel Warrant has accumulated 2.8 M in total debt with debt to equity ratio (D/E) of 7.34, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. NexGel Warrant has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about NexGel Warrant's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the revenue of 4.09 M. Net Loss for the year was (3.16 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| NexGel Warrant has accumulated about 1.25 M in cash with (3.24 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.42. | |
| NexGel Warrant has a frail financial position based on the latest SEC disclosures |
Additional Tools for NexGel Stock Analysis
When running NexGel Warrant's price analysis, check to measure NexGel Warrant'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 NexGel Warrant is operating at the current time. Most of NexGel Warrant's value examination focuses on studying past and present price action to predict the probability of NexGel Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NexGel Warrant's price. Additionally, you may evaluate how the addition of NexGel Warrant to your portfolios can decrease your overall portfolio volatility.