Next Biometrics (Norway) Price Prediction
| NEXT Stock | NOK 6.64 0.14 2.06% |
Oversold Vs Overbought
44
Oversold | Overbought |
Using Next Biometrics hype-based prediction, you can estimate the value of Next Biometrics Group from the perspective of Next Biometrics response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Next Biometrics to buy its stock at a price that has no basis in reality. In that case, they are not buying Next because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Next Biometrics after-hype prediction price | NOK 6.64 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
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Next Biometrics After-Hype Price Prediction Density Analysis
As far as predicting the price of Next Biometrics at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Next Biometrics or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Next Biometrics, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Next Biometrics Estimiated After-Hype Price Volatility
In the context of predicting Next Biometrics' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Next Biometrics' historical news coverage. Next Biometrics' after-hype downside and upside margins for the prediction period are 4.71 and 8.57, respectively. We have considered Next Biometrics' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Next Biometrics is somewhat reliable at this time. Analysis and calculation of next after-hype price of Next Biometrics Group is based on 3 months time horizon.
Next Biometrics Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Next Biometrics is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Next Biometrics backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Next Biometrics, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.24 | 1.93 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
6.64 | 6.64 | 0.00 |
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Next Biometrics Hype Timeline
Next Biometrics Group is now traded for 6.64on Oslo Stock Exchange of Norway. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Next is expected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is expected to be very small, whereas the daily expected return is now at -0.24%. %. The volatility of related hype on Next Biometrics is about 0.0%, with the expected price after the next announcement by competition of 6.64. About 51.0% of the company outstanding shares are owned by corporate insiders. The book value of Next Biometrics was now reported as 1.21. The company recorded a loss per share of 0.63. Next Biometrics Group had not issued any dividends in recent years. The entity had 1708:1579 split on the 29th of May 2020. Assuming the 90 days trading horizon the next expected press release will be uncertain. Check out Next Biometrics Basic Forecasting Models to cross-verify your projections.Next Biometrics Related Hype Analysis
Having access to credible news sources related to Next Biometrics' direct competition is more important than ever and may enhance your ability to predict Next Biometrics' future price movements. Getting to know how Next Biometrics' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Next Biometrics may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| IDEX | Idex ASA | 0.00 | 0 per month | 0.00 | (0.27) | 5.56 | (23.53) | 48.25 | |
| XXL | XXL ASA | 0.00 | 0 per month | 0.00 | (0.27) | 5.00 | (9.44) | 71.13 | |
| BGBIO | Bergenbio ASA | 0.00 | 0 per month | 4.64 | 0.03 | 15.00 | (8.54) | 51.26 | |
| PREC | Precise Biometrics AB | 0.00 | 0 per month | 3.43 | 0.09 | 17.46 | (5.29) | 41.16 | |
| KOA | Kongsberg Automotive Holding | 0.00 | 0 per month | 2.78 | (0) | 5.26 | (5.26) | 25.50 |
Next Biometrics Additional Predictive Modules
Most predictive techniques to examine Next price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Next using various technical indicators. When you analyze Next charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Next Biometrics Predictive Indicators
The successful prediction of Next Biometrics stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Next Biometrics Group, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Next Biometrics based on analysis of Next Biometrics hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Next Biometrics's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Next Biometrics's related companies.
Story Coverage note for Next Biometrics
The number of cover stories for Next Biometrics depends on current market conditions and Next Biometrics' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Next Biometrics is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Next Biometrics' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Next Biometrics Short Properties
Next Biometrics' future price predictability will typically decrease when Next Biometrics' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Next Biometrics Group often depends not only on the future outlook of the potential Next Biometrics' 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. Next Biometrics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 31.4 M | |
| Cash And Short Term Investments | 36.8 M |
Other Information on Investing in Next Stock
Next Biometrics financial ratios help investors to determine whether Next 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 Next with respect to the benefits of owning Next Biometrics security.