New Horizon (Israel) Probability of Future Stock Price Finishing Under 0.0
| NERZ Stock | ILA 558.00 32.00 5.42% |
New |
New Horizon Target Price Odds to finish below 0.0
The tendency of New 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 drop to 0.00 or more in 90 days |
| 558.00 | 90 days | 0.00 | near 1 |
Based on a normal probability distribution, the odds of New Horizon to drop to 0.00 or more in 90 days from now is near 1 (This New Horizon Group probability density function shows the probability of New Stock to fall within a particular range of prices over 90 days) . Probability of New Horizon Group price to stay between 0.00 and its current price of 558.0 at the end of the 90-day period is close to 99 .
Assuming the 90 days trading horizon New Horizon has a beta of 0.71. This indicates as returns on the market go up, New Horizon average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding New Horizon Group will be expected to be much smaller as well. Additionally New Horizon Group has an alpha of 0.642, implying that it can generate a 0.64 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). New Horizon Price Density |
| Price |
Predictive Modules for New Horizon
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as New Horizon Group. 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 New Horizon'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.
New Horizon Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. New Horizon is not an exception. The market had few large corrections towards the New Horizon'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 New Horizon Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of New Horizon within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.64 | |
β | Beta against NYSE Composite | 0.71 | |
σ | Overall volatility | 43.21 | |
Ir | Information ratio | 0.13 |
New Horizon 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 New Horizon for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for New Horizon Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| New Horizon Group appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (304 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| New Horizon Group has accumulated about 22 K in cash with (412 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 58.0% of the company outstanding shares are owned by corporate insiders |
New Horizon 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 New Stock often depends not only on the future outlook of the current and potential New Horizon'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. New Horizon's indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Float | 1.1 M |
New Horizon Technical Analysis
New Horizon's future price can be derived by breaking down and analyzing its technical indicators over time. New Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of New Horizon Group. In general, you should focus on analyzing New Stock price patterns and their correlations with different microeconomic environments and drivers.
New Horizon Predictive Forecast Models
New Horizon's time-series forecasting models is one of many New Horizon'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 New Horizon'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 New Horizon Group
Checking the ongoing alerts about New Horizon for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for New Horizon Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| New Horizon Group appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (304 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| New Horizon Group has accumulated about 22 K in cash with (412 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 58.0% of the company outstanding shares are owned by corporate insiders |
Check out New Horizon Backtesting, New Horizon Valuation, New Horizon Correlation, New Horizon Hype Analysis, New Horizon Volatility, New Horizon History as well as New Horizon Performance. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for New Stock analysis
When running New Horizon's price analysis, check to measure New Horizon'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 New Horizon is operating at the current time. Most of New Horizon's value examination focuses on studying past and present price action to predict the probability of New Horizon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Horizon's price. Additionally, you may evaluate how the addition of New Horizon to your portfolios can decrease your overall portfolio volatility.
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