Nok Airlines Public Stock Probability of Future Pink Sheet Price Finishing Over 0.0048
| NOKPF Stock | USD 0 0.0008 20.00% |
Nok |
Nok Airlines Target Price Odds to finish over 0.0048
The tendency of Nok Pink Sheet 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 |
| 0 | 90 days | 0 | about 43.92 |
Based on a normal probability distribution, the odds of Nok Airlines to move above the current price in 90 days from now is about 43.92 (This Nok Airlines Public probability density function shows the probability of Nok Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon the pink sheet has the beta coefficient of 17.85 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Nok Airlines will likely underperform. In addition to that Nok Airlines Public has an alpha of 6.9491, implying that it can generate a 6.95 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Nok Airlines Price Density |
| Price |
Predictive Modules for Nok Airlines
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nok Airlines Public. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Nok Airlines' 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.
Nok Airlines Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nok Airlines is not an exception. The market had few large corrections towards the Nok Airlines' 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 Nok Airlines Public, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nok Airlines within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 6.95 | |
β | Beta against NYSE Composite | 17.85 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.14 |
Nok Airlines 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 Nok Airlines for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nok Airlines Public can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nok Airlines Public is way too risky over 90 days horizon | |
| Nok Airlines Public has some characteristics of a very speculative penny stock | |
| Nok Airlines Public appears to be risky and price may revert if volatility continues | |
| Nok Airlines Public has high likelihood to experience some financial distress in the next 2 years | |
| The company has accumulated 2.77 B in total debt with debt to equity ratio (D/E) of 0.12, which may suggest the company is not taking enough advantage from borrowing. Nok Airlines Public has a current ratio of 0.65, 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 Nok Airlines until it has trouble settling it off, either with new capital or with free cash flow. So, Nok Airlines' 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 Nok Airlines Public sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nok to invest in growth at high rates of return. When we think about Nok Airlines' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 2.2 B. Net Loss for the year was (1.44 B) with loss before overhead, payroll, taxes, and interest of (2.31 B). | |
| Nok Airlines Public has accumulated about 1.52 B in cash with (47.97 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.41, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Nok Airlines 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 Nok Pink Sheet often depends not only on the future outlook of the current and potential Nok Airlines' 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. Nok Airlines' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.7 B |
Nok Airlines Technical Analysis
Nok Airlines' future price can be derived by breaking down and analyzing its technical indicators over time. Nok Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nok Airlines Public. In general, you should focus on analyzing Nok Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Nok Airlines Predictive Forecast Models
Nok Airlines' time-series forecasting models is one of many Nok Airlines' pink sheet 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 Nok Airlines' 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Nok Airlines Public
Checking the ongoing alerts about Nok Airlines for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nok Airlines Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nok Airlines Public is way too risky over 90 days horizon | |
| Nok Airlines Public has some characteristics of a very speculative penny stock | |
| Nok Airlines Public appears to be risky and price may revert if volatility continues | |
| Nok Airlines Public has high likelihood to experience some financial distress in the next 2 years | |
| The company has accumulated 2.77 B in total debt with debt to equity ratio (D/E) of 0.12, which may suggest the company is not taking enough advantage from borrowing. Nok Airlines Public has a current ratio of 0.65, 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 Nok Airlines until it has trouble settling it off, either with new capital or with free cash flow. So, Nok Airlines' 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 Nok Airlines Public sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nok to invest in growth at high rates of return. When we think about Nok Airlines' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 2.2 B. Net Loss for the year was (1.44 B) with loss before overhead, payroll, taxes, and interest of (2.31 B). | |
| Nok Airlines Public has accumulated about 1.52 B in cash with (47.97 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.41, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Check out Nok Airlines Backtesting, Nok Airlines Valuation, Nok Airlines Correlation, Nok Airlines Hype Analysis, Nok Airlines Volatility, Nok Airlines History as well as Nok Airlines Performance. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Nok Pink Sheet analysis
When running Nok Airlines' price analysis, check to measure Nok Airlines' 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 Nok Airlines is operating at the current time. Most of Nok Airlines' value examination focuses on studying past and present price action to predict the probability of Nok Airlines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nok Airlines' price. Additionally, you may evaluate how the addition of Nok Airlines to your portfolios can decrease your overall portfolio volatility.
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