Nn Inc Stock Price Prediction

NNBR Stock  USD 3.90  0.02  0.52%   
As of today, the relative strength index (RSI) of NN's share price is approaching 38. This indicates that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling NN, making its price go up or down.

Oversold Vs Overbought

38

 
Oversold
 
Overbought
NN Inc stock price prediction is an act of determining the future value of NN shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of NN's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of NN and does not consider all of the tangible or intangible factors available from NN's fundamental data. We analyze noise-free headlines and recent hype associated with NN Inc, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting NN's stock price prediction:
EPS Estimate Next Quarter
(0.07)
EPS Estimate Current Year
(0.20)
EPS Estimate Next Year
(0.06)
Wall Street Target Price
6.67
EPS Estimate Current Quarter
(0.08)
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of NN based on different types of headlines from major news networks to social media. The NN stock price prediction module provides an analysis of price elasticity to changes in media outlook on NN over a specific investment horizon. Using NN hype-based prediction, you can estimate the value of NN Inc from the perspective of NN response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards NN using NN's stock options and short interest. It helps to benchmark the overall future attitude of investors towards NN using crowd psychology based on the activity and movement of NN's stock price.

NN Implied Volatility

    
  654.98  
NN's implied volatility exposes the market's sentiment of NN Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if NN's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that NN stock will not fluctuate a lot when NN's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in NN. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in NN to buy its stock at a price that has no basis in reality. In that case, they are not buying NN 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.

NN after-hype prediction price

    
  USD 3.89  
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.
  
Check out NN Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NN'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.
Intrinsic
Valuation
LowRealHigh
0.193.887.92
Details
1 Analysts
Consensus
LowTargetHigh
4.104.505.00
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.08-0.07-0.07
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as NN. Your research has to be compared to or analyzed against NN's peers to derive any actionable benefits. When done correctly, NN's 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 NN Inc.

NN After-Hype Price Prediction Density Analysis

As far as predicting the price of NN 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 NN 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 NN, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

NN Estimiated After-Hype Price Volatility

In the context of predicting NN's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on NN's historical news coverage. NN's after-hype downside and upside margins for the prediction period are 0.19 and 7.93, respectively. We have considered NN's 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
3.90
3.89
After-hype Price
7.93
Upside
NN is unstable at this time. Analysis and calculation of next after-hype price of NN Inc is based on 3 months time horizon.

NN Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as NN is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NN 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 NN, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.05 
4.04
  0.02 
  0.01 
6 Events / Month
6 Events / Month
In about 6 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
3.90
3.89
0.26 
1,188  
Notes

NN Hype Timeline

NN Inc is now traded for 3.90. The entity has historical hype elasticity of 0.02, and average elasticity to hype of competition of 0.01. NN is forecasted to increase in value after the next headline, with the price projected to jump to 3.89 or above. The average volatility of media hype impact on the company the price is over 100%. The price gain on the next news is projected to be 0.26%, whereas the daily expected return is now at 0.05%. The volatility of related hype on NN is about 1518.8%, with the expected price after the next announcement by competition of 3.91. The company reported the previous year's revenue of 489.27 M. Net Loss for the year was (50.15 M) with profit before overhead, payroll, taxes, and interest of 77.63 M. Given the investment horizon of 90 days the next forecasted press release will be in about 6 days.
Check out NN Basic Forecasting Models to cross-verify your projections.

NN Related Hype Analysis

Having access to credible news sources related to NN's direct competition is more important than ever and may enhance your ability to predict NN's future price movements. Getting to know how NN's 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 NN may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
SPLP-PASteel Partners Holdings 0.00 0 per month 0.30  0.02  0.84 (0.71) 1.87 
CODI-PACompass Diversified 0.00 0 per month 0.84  0.02  1.99 (1.61) 6.27 
BBUBrookfield Business Partners(0.39)8 per month 0.00 (0.03) 3.25 (2.52) 9.34 
MATWMatthews International 0.33 8 per month 0.00 (0.18) 2.82 (3.98) 10.47 
TRCTejon Ranch Co 0.08 8 per month 0.00 (0.11) 2.56 (2.26) 7.25 
TUSKMammoth Energy Services 0.08 10 per month 0.00 (0.13) 5.00 (5.15) 17.31 
GFFGriffon 0.87 11 per month 1.84  0.06  2.08 (2.53) 17.23 
SPLPSteel Partners Holdings 0.10 10 per month 0.00 (0.04) 2.71 (2.95) 9.67 
CODICompass Diversified Holdings(0.20)12 per month 1.44  0.0001  2.69 (2.26) 8.45 
VMIValmont Industries 1.79 9 per month 0.00 (0.13) 1.82 (2.05) 5.64 

NN Additional Predictive Modules

Most predictive techniques to examine NN price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for NN using various technical indicators. When you analyze NN 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.

About NN Predictive Indicators

The successful prediction of NN 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 NN Inc, 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 NN based on analysis of NN hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to NN's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to NN's related companies.
 2021 2022 2024 (projected)
Dividend Yield0.340.0051780.009492
Price To Sales Ratio0.380.130.36

Story Coverage note for NN

The number of cover stories for NN depends on current market conditions and NN's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that NN 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 NN's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

NN Short Properties

NN's future price predictability will typically decrease when NN's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of NN Inc often depends not only on the future outlook of the potential NN'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. NN's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding46.7 M
Cash And Short Term Investments21.9 M
When determining whether NN Inc is a strong investment it is important to analyze NN's 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 NN's future performance. For an informed investment choice regarding NN Stock, refer to the following important reports:
Check out NN Basic Forecasting Models to cross-verify your projections.
Note that the NN Inc information on this page should be used as a complementary analysis to other NN's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Complementary Tools for NN Stock analysis

When running NN's price analysis, check to measure NN'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 NN is operating at the current time. Most of NN's value examination focuses on studying past and present price action to predict the probability of NN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NN's price. Additionally, you may evaluate how the addition of NN to your portfolios can decrease your overall portfolio volatility.
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Is NN'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 NN. If investors know NN 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 NN listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.35)
Revenue Per Share
10.468
Quarterly Revenue Growth
(0.05)
Return On Assets
(0.03)
Return On Equity
(0.21)
The market value of NN Inc is measured differently than its book value, which is the value of NN that is recorded on the company's balance sheet. Investors also form their own opinion of NN's value that differs from its market value or its book value, called intrinsic value, which is NN'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 NN's market value can be influenced by many factors that don't directly affect NN'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 NN's value and its price as these two are different measures arrived at by different means. Investors typically determine if NN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NN'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.