Nanovibronix Stock Probability of Future Stock Price Finishing Under 2.18
| NAOV Stock | USD 0.75 0.02 2.60% |
NanoVibronix |
NanoVibronix Target Price Odds to finish below 2.18
The tendency of NanoVibronix 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 $ 2.18 after 90 days |
| 0.75 | 90 days | 2.18 | close to 99 |
Based on a normal probability distribution, the odds of NanoVibronix to stay under $ 2.18 after 90 days from now is close to 99 (This NanoVibronix probability density function shows the probability of NanoVibronix Stock to fall within a particular range of prices over 90 days) . Probability of NanoVibronix price to stay between its current price of $ 0.75 and $ 2.18 at the end of the 90-day period is about 92.81 .
Given the investment horizon of 90 days NanoVibronix has a beta of 0.33. This indicates as returns on the market go up, NanoVibronix average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NanoVibronix will be expected to be much smaller as well. Additionally NanoVibronix has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. NanoVibronix Price Density |
| Price |
Predictive Modules for NanoVibronix
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NanoVibronix. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NanoVibronix's 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.
NanoVibronix Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NanoVibronix is not an exception. The market had few large corrections towards the NanoVibronix'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 NanoVibronix, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NanoVibronix within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.18 | |
β | Beta against NYSE Composite | 0.33 | |
σ | Overall volatility | 0.13 | |
Ir | Information ratio | -0.05 |
NanoVibronix 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 NanoVibronix for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NanoVibronix can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NanoVibronix generated a negative expected return over the last 90 days | |
| NanoVibronix has some characteristics of a very speculative penny stock | |
| NanoVibronix has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 2.28 M. Net Loss for the year was (3.71 M) with profit before overhead, payroll, taxes, and interest of 167 K. | |
| NanoVibronix currently holds about 3.94 M in cash with (3.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14. | |
| NanoVibronix has a frail financial position based on the latest SEC disclosures | |
| Latest headline from investing.com: NanoVibronix reports record quarterly revenue of 1.2 million |
NanoVibronix 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 NanoVibronix Stock often depends not only on the future outlook of the current and potential NanoVibronix'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. NanoVibronix's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.8 M | |
| Cash And Short Term Investments | 3.3 M |
NanoVibronix Technical Analysis
NanoVibronix's future price can be derived by breaking down and analyzing its technical indicators over time. NanoVibronix Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NanoVibronix. In general, you should focus on analyzing NanoVibronix Stock price patterns and their correlations with different microeconomic environments and drivers.
NanoVibronix Predictive Forecast Models
NanoVibronix's time-series forecasting models is one of many NanoVibronix'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 NanoVibronix'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 NanoVibronix
Checking the ongoing alerts about NanoVibronix for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NanoVibronix help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NanoVibronix generated a negative expected return over the last 90 days | |
| NanoVibronix has some characteristics of a very speculative penny stock | |
| NanoVibronix has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 2.28 M. Net Loss for the year was (3.71 M) with profit before overhead, payroll, taxes, and interest of 167 K. | |
| NanoVibronix currently holds about 3.94 M in cash with (3.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14. | |
| NanoVibronix has a frail financial position based on the latest SEC disclosures | |
| Latest headline from investing.com: NanoVibronix reports record quarterly revenue of 1.2 million |
Check out NanoVibronix Backtesting, NanoVibronix Valuation, NanoVibronix Correlation, NanoVibronix Hype Analysis, NanoVibronix Volatility, NanoVibronix History as well as NanoVibronix Performance. For more information on how to buy NanoVibronix Stock please use our How to Invest in NanoVibronix guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for NanoVibronix Stock analysis
When running NanoVibronix's price analysis, check to measure NanoVibronix'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 NanoVibronix is operating at the current time. Most of NanoVibronix's value examination focuses on studying past and present price action to predict the probability of NanoVibronix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NanoVibronix's price. Additionally, you may evaluate how the addition of NanoVibronix to your portfolios can decrease your overall portfolio volatility.
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
Is NanoVibronix's 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 NanoVibronix. If investors know NanoVibronix 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 NanoVibronix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.12) | Revenue Per Share 1.304 | Quarterly Revenue Growth 3.722 | Return On Assets (0.31) | Return On Equity (1.03) |
The market value of NanoVibronix is measured differently than its book value, which is the value of NanoVibronix that is recorded on the company's balance sheet. Investors also form their own opinion of NanoVibronix's value that differs from its market value or its book value, called intrinsic value, which is NanoVibronix's 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 NanoVibronix's market value can be influenced by many factors that don't directly affect NanoVibronix's 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 NanoVibronix's value and its price as these two are different measures arrived at by different means. Investors typically determine if NanoVibronix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NanoVibronix's 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.