Nyrstar NV (Belgium) Probability of Future Stock Price Finishing Under 0.071
| NYR Stock | EUR 0.07 0 1.79% |
Nyrstar |
Nyrstar NV Target Price Odds to finish below 0.071
The tendency of Nyrstar 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 € 0.07 after 90 days |
| 0.07 | 90 days | 0.07 | about 26.04 |
Based on a normal probability distribution, the odds of Nyrstar NV to stay under € 0.07 after 90 days from now is about 26.04 (This Nyrstar NV probability density function shows the probability of Nyrstar Stock to fall within a particular range of prices over 90 days) . Probability of Nyrstar NV price to stay between its current price of € 0.07 and € 0.07 at the end of the 90-day period is about 18.5 .
Assuming the 90 days trading horizon Nyrstar NV has a beta of -0.25. This indicates as returns on the benchmark increase, returns on holding Nyrstar NV are expected to decrease at a much lower rate. During a bear market, however, Nyrstar NV is likely to outperform the market. Additionally Nyrstar NV 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. Nyrstar NV Price Density |
| Price |
Predictive Modules for Nyrstar NV
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nyrstar NV. 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.Nyrstar NV Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nyrstar NV is not an exception. The market had few large corrections towards the Nyrstar NV'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 Nyrstar NV, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nyrstar NV within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | -0.25 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.01 |
Nyrstar NV 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 Nyrstar NV for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nyrstar NV can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nyrstar NV generated a negative expected return over the last 90 days | |
| Nyrstar NV has some characteristics of a very speculative penny stock | |
| Nyrstar NV has high historical volatility and very poor performance | |
| Nyrstar NV has high likelihood to experience some financial distress in the next 2 years | |
| Nyrstar NV has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Nyrstar NV has accumulated 1.88 B in total debt with debt to equity ratio (D/E) of 219.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Nyrstar NV has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Nyrstar NV until it has trouble settling it off, either with new capital or with free cash flow. So, Nyrstar NV's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nyrstar NV sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nyrstar to invest in growth at high rates of return. When we think about Nyrstar NV's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 38.32 K. Net Loss for the year was (959.14 K) with loss before overhead, payroll, taxes, and interest of (3.49 M). | |
| Nyrstar NV has accumulated about 254.3 M in cash with (18.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.31, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 40.0% of Nyrstar NV outstanding shares are owned by corporate insiders |
Nyrstar NV Technical Analysis
Nyrstar NV's future price can be derived by breaking down and analyzing its technical indicators over time. Nyrstar Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nyrstar NV. In general, you should focus on analyzing Nyrstar Stock price patterns and their correlations with different microeconomic environments and drivers.
Nyrstar NV Predictive Forecast Models
Nyrstar NV's time-series forecasting models is one of many Nyrstar NV'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 Nyrstar NV'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 Nyrstar NV
Checking the ongoing alerts about Nyrstar NV for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nyrstar NV help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nyrstar NV generated a negative expected return over the last 90 days | |
| Nyrstar NV has some characteristics of a very speculative penny stock | |
| Nyrstar NV has high historical volatility and very poor performance | |
| Nyrstar NV has high likelihood to experience some financial distress in the next 2 years | |
| Nyrstar NV has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Nyrstar NV has accumulated 1.88 B in total debt with debt to equity ratio (D/E) of 219.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Nyrstar NV has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Nyrstar NV until it has trouble settling it off, either with new capital or with free cash flow. So, Nyrstar NV's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nyrstar NV sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nyrstar to invest in growth at high rates of return. When we think about Nyrstar NV's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 38.32 K. Net Loss for the year was (959.14 K) with loss before overhead, payroll, taxes, and interest of (3.49 M). | |
| Nyrstar NV has accumulated about 254.3 M in cash with (18.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.31, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 40.0% of Nyrstar NV outstanding shares are owned by corporate insiders |
Additional Tools for Nyrstar Stock Analysis
When running Nyrstar NV's price analysis, check to measure Nyrstar NV'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 Nyrstar NV is operating at the current time. Most of Nyrstar NV's value examination focuses on studying past and present price action to predict the probability of Nyrstar NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nyrstar NV's price. Additionally, you may evaluate how the addition of Nyrstar NV to your portfolios can decrease your overall portfolio volatility.