Nice (Israel) Chance of Future Stock Price Finishing Over 57040.0
| NICE Stock | ILA 88,120 330.00 0.38% |
Nice |
Nice Target Price Odds to finish over 57040.0
The tendency of Nice 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 above 57,040 in 90 days |
| 88,120 | 90 days | 57,040 | close to 99 |
Based on a normal probability distribution, the odds of Nice to stay above 57,040 in 90 days from now is close to 99 (This Nice probability density function shows the probability of Nice Stock to fall within a particular range of prices over 90 days) . Probability of Nice price to stay between 57,040 and its current price of 88120.0 at the end of the 90-day period is about 73.29 .
Assuming the 90 days trading horizon Nice has a beta of 0.39. This indicates as returns on the market go up, Nice average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nice will be expected to be much smaller as well. Additionally Nice has an alpha of 0.2725, implying that it can generate a 0.27 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Nice Price Density |
| Price |
Predictive Modules for Nice
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nice. 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 Nice'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.
Nice Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nice is not an exception. The market had few large corrections towards the Nice'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 Nice, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nice within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.27 | |
β | Beta against NYSE Composite | 0.39 | |
σ | Overall volatility | 7,028 | |
Ir | Information ratio | 0.1 |
Nice 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 Nice Stock often depends not only on the future outlook of the current and potential Nice'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. Nice's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 63.5 M |
Nice Technical Analysis
Nice's future price can be derived by breaking down and analyzing its technical indicators over time. Nice Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nice. In general, you should focus on analyzing Nice Stock price patterns and their correlations with different microeconomic environments and drivers.
Nice Predictive Forecast Models
Nice's time-series forecasting models is one of many Nice'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 Nice'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nice in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nice's short interest history, or implied volatility extrapolated from Nice options trading.
Check out Nice Backtesting, Nice Valuation, Nice Correlation, Nice Hype Analysis, Nice Volatility, Nice History as well as Nice Performance. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Nice Stock analysis
When running Nice's price analysis, check to measure Nice'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 Nice is operating at the current time. Most of Nice's value examination focuses on studying past and present price action to predict the probability of Nice's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nice's price. Additionally, you may evaluate how the addition of Nice to your portfolios can decrease your overall portfolio volatility.
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