Nstar Electric Stock Probability of Future Pink Sheet Price Finishing Over 101.0
| NSARO Stock | USD 78.50 0.05 0.06% |
NSTAR |
NSTAR Electric Target Price Odds to finish over 101.0
The tendency of NSTAR 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 over $ 101.00 or more in 90 days |
| 78.50 | 90 days | 101.00 | close to zero percent |
Based on a normal probability distribution, the odds of NSTAR Electric to move over $ 101.00 or more in 90 days from now is close to zero percent (This NSTAR Electric probability density function shows the probability of NSTAR Pink Sheet to fall within a particular range of prices over 90 days) . Probability of NSTAR Electric price to stay between its current price of $ 78.50 and $ 101.00 at the end of the 90-day period is about 49.36 .
Assuming the 90 days horizon NSTAR Electric has a beta of 0.27. This indicates as returns on the market go up, NSTAR Electric average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NSTAR Electric will be expected to be much smaller as well. Additionally NSTAR Electric has an alpha of 0.0263, implying that it can generate a 0.0263 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). NSTAR Electric Price Density |
| Price |
Predictive Modules for NSTAR Electric
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NSTAR Electric. 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 NSTAR Electric'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.
NSTAR Electric Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NSTAR Electric is not an exception. The market had few large corrections towards the NSTAR Electric'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 NSTAR Electric, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NSTAR Electric within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.03 | |
β | Beta against NYSE Composite | 0.27 | |
σ | Overall volatility | 1.86 | |
Ir | Information ratio | -0.02 |
NSTAR Electric 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 NSTAR Electric for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NSTAR Electric can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company has accumulated 3.59 B in total debt with debt to equity ratio (D/E) of 0.88, which is about average as compared to similar companies. NSTAR Electric has a current ratio of 0.7, 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 NSTAR Electric until it has trouble settling it off, either with new capital or with free cash flow. So, NSTAR Electric's 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 NSTAR Electric sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NSTAR to invest in growth at high rates of return. When we think about NSTAR Electric's use of debt, we should always consider it together with cash and equity. | |
| About 56.0% of NSTAR Electric shares are owned by institutional investors |
NSTAR Electric 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 NSTAR Pink Sheet often depends not only on the future outlook of the current and potential NSTAR Electric'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. NSTAR Electric's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 200.00 | |
| Cash And Short Term Investments | 745 K |
NSTAR Electric Technical Analysis
NSTAR Electric's future price can be derived by breaking down and analyzing its technical indicators over time. NSTAR Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NSTAR Electric. In general, you should focus on analyzing NSTAR Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
NSTAR Electric Predictive Forecast Models
NSTAR Electric's time-series forecasting models is one of many NSTAR Electric's 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 NSTAR Electric'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 pink sheet market movement and maximize returns from investment trading.
Things to note about NSTAR Electric
Checking the ongoing alerts about NSTAR Electric for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NSTAR Electric help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company has accumulated 3.59 B in total debt with debt to equity ratio (D/E) of 0.88, which is about average as compared to similar companies. NSTAR Electric has a current ratio of 0.7, 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 NSTAR Electric until it has trouble settling it off, either with new capital or with free cash flow. So, NSTAR Electric's 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 NSTAR Electric sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NSTAR to invest in growth at high rates of return. When we think about NSTAR Electric's use of debt, we should always consider it together with cash and equity. | |
| About 56.0% of NSTAR Electric shares are owned by institutional investors |
Check out NSTAR Electric Backtesting, NSTAR Electric Valuation, NSTAR Electric Correlation, NSTAR Electric Hype Analysis, NSTAR Electric Volatility, NSTAR Electric History as well as NSTAR Electric Performance. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for NSTAR Pink Sheet analysis
When running NSTAR Electric's price analysis, check to measure NSTAR Electric'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 NSTAR Electric is operating at the current time. Most of NSTAR Electric's value examination focuses on studying past and present price action to predict the probability of NSTAR Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NSTAR Electric's price. Additionally, you may evaluate how the addition of NSTAR Electric to your portfolios can decrease your overall portfolio volatility.
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