NN Group (Netherlands) Odds of Future Stock Price Finishing Over 42.69
| NN Stock | EUR 42.69 0.46 1.09% |
NN Group |
NN Group Target Price Odds to finish over 42.69
The tendency of NN Group 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 |
| 42.69 | 90 days | 42.69 | about 9.55 |
Based on a normal probability distribution, the odds of NN Group to move above the current price in 90 days from now is about 9.55 (This NN Group NV probability density function shows the probability of NN Group Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon NN Group has a beta of 0.32. This indicates as returns on the market go up, NN Group average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NN Group NV will be expected to be much smaller as well. Additionally NN Group NV has an alpha of 0.1734, implying that it can generate a 0.17 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). NN Group Price Density |
| Price |
Predictive Modules for NN Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NN Group NV. 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 NN Group'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.
NN Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NN Group is not an exception. The market had few large corrections towards the NN Group'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 NN Group NV, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NN Group within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.17 | |
β | Beta against NYSE Composite | 0.32 | |
σ | Overall volatility | 2.34 | |
Ir | Information ratio | 0.11 |
NN Group 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 NN Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NN Group NV can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NN Group NV has accumulated about 13.72 B in cash with (2.59 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 44.26, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 62.0% of the company shares are owned by institutional investors |
NN Group 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 NN Group Stock often depends not only on the future outlook of the current and potential NN Group'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 Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 305.6 M |
NN Group Technical Analysis
NN Group's future price can be derived by breaking down and analyzing its technical indicators over time. NN Group Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NN Group NV. In general, you should focus on analyzing NN Group Stock price patterns and their correlations with different microeconomic environments and drivers.
NN Group Predictive Forecast Models
NN Group's time-series forecasting models is one of many NN Group'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 NN Group'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 NN Group NV
Checking the ongoing alerts about NN Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NN Group NV help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NN Group NV has accumulated about 13.72 B in cash with (2.59 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 44.26, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 62.0% of the company shares are owned by institutional investors |
Check out NN Group Backtesting, NN Group Valuation, NN Group Correlation, NN Group Hype Analysis, NN Group Volatility, NN Group History as well as NN Group Performance. Note that the NN Group NV information on this page should be used as a complementary analysis to other NN Group'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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for NN Group Stock analysis
When running NN Group's price analysis, check to measure NN Group'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 Group is operating at the current time. Most of NN Group's value examination focuses on studying past and present price action to predict the probability of NN Group'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 Group's price. Additionally, you may evaluate how the addition of NN Group to your portfolios can decrease your overall portfolio volatility.
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