Newpark Resources Stock Probability of Future Stock Price Finishing Under 9.8

NR Stock  USD 7.11  0.01  0.14%   
Newpark Resources' implied volatility is one of the determining factors in the pricing options written on Newpark Resources. Implied volatility approximates the future value of Newpark Resources based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Newpark Resources over a specific time period. For example, 2024-04-19 CALL at $7.5 is a CALL option contract on Newpark Resources' common stock with a strick price of 7.5 expiring on 2024-04-19. The contract was last traded on 2024-03-12 at 09:41:45 for $0.15 and, as of today, has 32 days remaining before the expiration. The option is currently trading at a bid price of $0.1, and an ask price of $0.25. The implied volatility as of the 18th of March 2024 is 32.61. View All Newpark options

Closest to current price Newpark long CALL Option Payoff at Expiration

Newpark Resources' future price is the expected price of Newpark Resources instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Newpark Resources performance during a given time horizon utilizing its historical volatility. Check out Newpark Resources Backtesting, Newpark Resources Valuation, Newpark Resources Correlation, Newpark Resources Hype Analysis, Newpark Resources Volatility, Newpark Resources History as well as Newpark Resources Performance.
To learn how to invest in Newpark Stock, please use our How to Invest in Newpark Resources guide.
  
At this time, Newpark Resources' Price To Sales Ratio is relatively stable compared to the past year. As of 03/18/2024, Price Book Value Ratio is likely to grow to 2.40, though Price Earnings To Growth Ratio is likely to grow to (0.22). Please specify Newpark Resources' target price for which you would like Newpark Resources odds to be computed.

Newpark Resources Target Price Odds to finish below 9.8

The tendency of Newpark 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 PriceHorizonTarget PriceOdds to stay under $ 9.80  after 90 days
 7.11 90 days 9.80 
close to 99
Based on a normal probability distribution, the odds of Newpark Resources to stay under $ 9.80  after 90 days from now is close to 99 (This Newpark Resources probability density function shows the probability of Newpark Stock to fall within a particular range of prices over 90 days) . Probability of Newpark Resources price to stay between its current price of $ 7.11  and $ 9.80  at the end of the 90-day period is nearly 4.32 .
Allowing for the 90-day total investment horizon Newpark Resources has a beta of 0.88. This indicates Newpark Resources market returns are sensible to returns on the market. As the market goes up or down, Newpark Resources is expected to follow. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Newpark Resources is significantly underperforming NYSE Composite.
   Newpark Resources Price Density   
       Price  

Predictive Modules for Newpark Resources

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Newpark Resources. Regardless of method or technology, however, to accurately forecast the stock or bond 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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Newpark Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Newpark Resources in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
5.147.129.10
Details
Intrinsic
Valuation
LowRealHigh
3.445.427.40
Details
Naive
Forecast
LowNextHigh
5.307.279.25
Details
3 Analysts
Consensus
LowTargetHigh
3.644.004.44
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Newpark Resources. Your research has to be compared to or analyzed against Newpark Resources' peers to derive any actionable benefits. When done correctly, Newpark Resources' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Newpark Resources.

Newpark Resources Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Newpark Resources is not an exception. The market had few large corrections towards the Newpark Resources' 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 Newpark Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Newpark Resources within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.05
β
Beta against NYSE Composite0.88
σ
Overall volatility
0.35
Ir
Information ratio -0.03

Newpark Resources 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 Newpark Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Newpark Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Over 83.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: Is Newpark Resources Inc a Leader in the Oil Gas Equipment Services Industry - InvestorsObserver

Newpark Resources 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 Newpark Stock often depends not only on the future outlook of the current and potential Newpark Resources' 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. Newpark Resources' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding88.3 M
Cash And Short Term Investments38.6 M

Newpark Resources Technical Analysis

Newpark Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Newpark Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Newpark Resources. In general, you should focus on analyzing Newpark Stock price patterns and their correlations with different microeconomic environments and drivers.

Newpark Resources Predictive Forecast Models

Newpark Resources' time-series forecasting models is one of many Newpark Resources' 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 Newpark Resources' 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 Newpark Resources

Checking the ongoing alerts about Newpark Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Newpark Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Over 83.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: Is Newpark Resources Inc a Leader in the Oil Gas Equipment Services Industry - InvestorsObserver
When determining whether Newpark Resources is a strong investment it is important to analyze Newpark Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Newpark Resources' future performance. For an informed investment choice regarding Newpark Stock, refer to the following important reports:
Check out Newpark Resources Backtesting, Newpark Resources Valuation, Newpark Resources Correlation, Newpark Resources Hype Analysis, Newpark Resources Volatility, Newpark Resources History as well as Newpark Resources Performance.
To learn how to invest in Newpark Stock, please use our How to Invest in Newpark Resources guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for Newpark Stock analysis

When running Newpark Resources' price analysis, check to measure Newpark Resources' 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 Newpark Resources is operating at the current time. Most of Newpark Resources' value examination focuses on studying past and present price action to predict the probability of Newpark Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newpark Resources' price. Additionally, you may evaluate how the addition of Newpark Resources to your portfolios can decrease your overall portfolio volatility.
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Is Newpark Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Newpark Resources. If investors know Newpark will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Newpark Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.192
Earnings Share
0.16
Revenue Per Share
8.676
Quarterly Revenue Growth
(0.26)
Return On Assets
0.0342
The market value of Newpark Resources is measured differently than its book value, which is the value of Newpark that is recorded on the company's balance sheet. Investors also form their own opinion of Newpark Resources' value that differs from its market value or its book value, called intrinsic value, which is Newpark Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Newpark Resources' market value can be influenced by many factors that don't directly affect Newpark Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Newpark Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Newpark Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newpark Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.