Nexstar Media (Germany) Probability of Future Stock Price Finishing Under 154.3
| NXZ Stock | EUR 149.75 2.30 1.51% |
Nexstar |
Nexstar Media Target Price Odds to finish below 154.3
The tendency of Nexstar 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 stay under € 154.30 after 90 days |
| 149.75 | 90 days | 154.30 | about 45.41 |
Based on a normal probability distribution, the odds of Nexstar Media to stay under € 154.30 after 90 days from now is about 45.41 (This Nexstar Media Group probability density function shows the probability of Nexstar Stock to fall within a particular range of prices over 90 days) . Probability of Nexstar Media Group price to stay between its current price of € 149.75 and € 154.30 at the end of the 90-day period is about 27.21 .
Assuming the 90 days horizon Nexstar Media has a beta of 0.86. This indicates Nexstar Media Group market returns are reactive to returns on the market. As the market goes up or down, Nexstar Media is expected to follow. Additionally Nexstar Media Group has an alpha of 0.0122, implying that it can generate a 0.0122 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nexstar Media Price Density |
| Price |
Predictive Modules for Nexstar Media
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nexstar Media Group. 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.Nexstar Media Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nexstar Media is not an exception. The market had few large corrections towards the Nexstar Media'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 Nexstar Media Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nexstar Media within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.86 | |
σ | Overall volatility | 5.77 | |
Ir | Information ratio | 0.01 |
Nexstar Media 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 Nexstar Media for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nexstar Media Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nexstar Media Group has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 100.0% of the company shares are owned by institutional investors |
Nexstar Media 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 Nexstar Stock often depends not only on the future outlook of the current and potential Nexstar Media'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. Nexstar Media's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 40.8 M |
Nexstar Media Technical Analysis
Nexstar Media's future price can be derived by breaking down and analyzing its technical indicators over time. Nexstar Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nexstar Media Group. In general, you should focus on analyzing Nexstar Stock price patterns and their correlations with different microeconomic environments and drivers.
Nexstar Media Predictive Forecast Models
Nexstar Media's time-series forecasting models is one of many Nexstar Media'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 Nexstar Media'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 Nexstar Media Group
Checking the ongoing alerts about Nexstar Media for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nexstar Media Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nexstar Media Group has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 100.0% of the company shares are owned by institutional investors |
Other Information on Investing in Nexstar Stock
Nexstar Media financial ratios help investors to determine whether Nexstar Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nexstar with respect to the benefits of owning Nexstar Media security.