Neovolta Common Stock Stock Probability of Future Stock Price Finishing Over 1.89
| NEOV Stock | USD 1.89 0.06 3.28% |
NeoVolta |
NeoVolta Common Target Price Odds to finish over 1.89
The tendency of NeoVolta 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 move above the current price in 90 days |
| 1.89 | 90 days | 1.89 | about 12.43 |
Based on a normal probability distribution, the odds of NeoVolta Common to move above the current price in 90 days from now is about 12.43 (This NeoVolta Common Stock probability density function shows the probability of NeoVolta Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days NeoVolta Common Stock has a beta of -0.43. This indicates as returns on the benchmark increase, returns on holding NeoVolta Common are expected to decrease at a much lower rate. During a bear market, however, NeoVolta Common Stock is likely to outperform the market. Additionally NeoVolta Common Stock has an alpha of 0.611, implying that it can generate a 0.61 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). NeoVolta Common Price Density |
| Price |
Predictive Modules for NeoVolta Common
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NeoVolta Common Stock. 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 NeoVolta Common'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.
NeoVolta Common Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NeoVolta Common is not an exception. The market had few large corrections towards the NeoVolta Common'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 NeoVolta Common Stock, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NeoVolta Common within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.61 | |
β | Beta against NYSE Composite | -0.43 | |
σ | Overall volatility | 0.39 | |
Ir | Information ratio | 0.06 |
NeoVolta Common 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 NeoVolta Common for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NeoVolta Common Stock can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NeoVolta Common is way too risky over 90 days horizon | |
| NeoVolta Common may become a speculative penny stock | |
| NeoVolta Common appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 3.46 M. Net Loss for the year was (2.64 M) with profit before overhead, payroll, taxes, and interest of 688 K. | |
| NeoVolta Common Stock currently holds about 330.38 K in cash with (2.11 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 15.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: NeoVoltas NV-14 Home Battery Named Solar Power World Top Solar Storage Products for 5th Consecutive Year |
NeoVolta Common 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 NeoVolta Stock often depends not only on the future outlook of the current and potential NeoVolta Common'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. NeoVolta Common's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 32 M | |
| Cash And Short Term Investments | 2 M |
NeoVolta Common Technical Analysis
NeoVolta Common's future price can be derived by breaking down and analyzing its technical indicators over time. NeoVolta Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NeoVolta Common Stock. In general, you should focus on analyzing NeoVolta Stock price patterns and their correlations with different microeconomic environments and drivers.
NeoVolta Common Predictive Forecast Models
NeoVolta Common's time-series forecasting models is one of many NeoVolta Common'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 NeoVolta Common'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 NeoVolta Common Stock
Checking the ongoing alerts about NeoVolta Common for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NeoVolta Common Stock help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NeoVolta Common is way too risky over 90 days horizon | |
| NeoVolta Common may become a speculative penny stock | |
| NeoVolta Common appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 3.46 M. Net Loss for the year was (2.64 M) with profit before overhead, payroll, taxes, and interest of 688 K. | |
| NeoVolta Common Stock currently holds about 330.38 K in cash with (2.11 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 15.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: NeoVoltas NV-14 Home Battery Named Solar Power World Top Solar Storage Products for 5th Consecutive Year |
Check out NeoVolta Common Backtesting, NeoVolta Common Valuation, NeoVolta Common Correlation, NeoVolta Common Hype Analysis, NeoVolta Common Volatility, NeoVolta Common History as well as NeoVolta Common Performance. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for NeoVolta Stock analysis
When running NeoVolta Common's price analysis, check to measure NeoVolta Common'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 NeoVolta Common is operating at the current time. Most of NeoVolta Common's value examination focuses on studying past and present price action to predict the probability of NeoVolta Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NeoVolta Common's price. Additionally, you may evaluate how the addition of NeoVolta Common to your portfolios can decrease your overall portfolio volatility.
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Is NeoVolta Common'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 NeoVolta Common. If investors know NeoVolta 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 NeoVolta Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.06) | Revenue Per Share 0.094 | Quarterly Revenue Growth 0.795 | Return On Assets (0.19) | Return On Equity (0.30) |
The market value of NeoVolta Common Stock is measured differently than its book value, which is the value of NeoVolta that is recorded on the company's balance sheet. Investors also form their own opinion of NeoVolta Common's value that differs from its market value or its book value, called intrinsic value, which is NeoVolta Common'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 NeoVolta Common's market value can be influenced by many factors that don't directly affect NeoVolta Common'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 NeoVolta Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if NeoVolta Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NeoVolta Common'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.