Nextplat Corp Stock Probability of Future Stock Price Finishing Under 0.2
| NXPLW Stock | USD 0.20 0.00 0.00% |
NextPlat |
NextPlat Corp Target Price Odds to finish below 0.2
The tendency of NextPlat 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 below current price in 90 days |
| 0.20 | 90 days | 0.20 | about 20.14 |
Based on a normal probability distribution, the odds of NextPlat Corp to move below current price in 90 days from now is about 20.14 (This NextPlat Corp probability density function shows the probability of NextPlat Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon NextPlat Corp has a beta of -1.23. This indicates as returns on its benchmark rise, returns on holding NextPlat Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, NextPlat Corp is expected to outperform its benchmark. Additionally NextPlat 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. NextPlat Corp Price Density |
| Price |
Predictive Modules for NextPlat Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NextPlat 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.NextPlat Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NextPlat Corp is not an exception. The market had few large corrections towards the NextPlat Corp'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 NextPlat Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NextPlat Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | -1.23 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.03 |
NextPlat Corp 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 NextPlat Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NextPlat 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.| NextPlat Corp generated a negative expected return over the last 90 days | |
| NextPlat Corp has high historical volatility and very poor performance | |
| NextPlat Corp has some characteristics of a very speculative penny stock | |
| NextPlat Corp has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 37.76 M. Net Loss for the year was (3.78 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| NextPlat Corp generates negative cash flow from operations | |
| NextPlat Corp has a poor financial position based on the latest SEC disclosures | |
| Latest headline from MacroaxisInsider: Discretionary transaction by Frost Phillip Md Et Al of tradable shares of NextPlat Corp subject to Rule 16b-3 |
NextPlat Corp 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 NextPlat Stock often depends not only on the future outlook of the current and potential NextPlat Corp'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. NextPlat Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 17.5 M | |
| Cash And Short Term Investments | 26.3 M |
NextPlat Corp Technical Analysis
NextPlat Corp's future price can be derived by breaking down and analyzing its technical indicators over time. NextPlat Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NextPlat Corp. In general, you should focus on analyzing NextPlat Stock price patterns and their correlations with different microeconomic environments and drivers.
NextPlat Corp Predictive Forecast Models
NextPlat Corp's time-series forecasting models is one of many NextPlat Corp'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 NextPlat Corp'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 NextPlat Corp
Checking the ongoing alerts about NextPlat Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NextPlat Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NextPlat Corp generated a negative expected return over the last 90 days | |
| NextPlat Corp has high historical volatility and very poor performance | |
| NextPlat Corp has some characteristics of a very speculative penny stock | |
| NextPlat Corp has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 37.76 M. Net Loss for the year was (3.78 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| NextPlat Corp generates negative cash flow from operations | |
| NextPlat Corp has a poor financial position based on the latest SEC disclosures | |
| Latest headline from MacroaxisInsider: Discretionary transaction by Frost Phillip Md Et Al of tradable shares of NextPlat Corp subject to Rule 16b-3 |
Additional Tools for NextPlat Stock Analysis
When running NextPlat Corp's price analysis, check to measure NextPlat Corp'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 NextPlat Corp is operating at the current time. Most of NextPlat Corp's value examination focuses on studying past and present price action to predict the probability of NextPlat Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NextPlat Corp's price. Additionally, you may evaluate how the addition of NextPlat Corp to your portfolios can decrease your overall portfolio volatility.