NTT DATA (Germany) Odds of Future Stock Price Finishing Over 9.35
| NT5 Stock | EUR 15.00 0.30 2.04% |
NTT |
NTT DATA Target Price Odds to finish over 9.35
The tendency of NTT 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 € 9.35 in 90 days |
| 15.00 | 90 days | 9.35 | roughly 97.0 |
Based on a normal probability distribution, the odds of NTT DATA to stay above € 9.35 in 90 days from now is roughly 97.0 (This NTT DATA probability density function shows the probability of NTT Stock to fall within a particular range of prices over 90 days) . Probability of NTT DATA price to stay between € 9.35 and its current price of €15.0 at the end of the 90-day period is about 68.14 .
Assuming the 90 days horizon NTT DATA has a beta of -7.4. This indicates as returns on its benchmark rise, returns on holding NTT DATA are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, NTT DATA is expected to outperform its benchmark. In addition to that NTT DATA has an alpha of 4.4811, implying that it can generate a 4.48 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). NTT DATA Price Density |
| Price |
Predictive Modules for NTT DATA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NTT DATA. 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 NTT DATA'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.
NTT DATA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NTT DATA is not an exception. The market had few large corrections towards the NTT DATA'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 NTT DATA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NTT DATA within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 4.48 | |
β | Beta against NYSE Composite | -7.4 | |
σ | Overall volatility | 2.34 | |
Ir | Information ratio | 0.09 |
NTT DATA 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 NTT DATA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NTT DATA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NTT DATA is way too risky over 90 days horizon | |
| NTT DATA appears to be risky and price may revert if volatility continues | |
| The company has €393.65 Billion in debt which may indicate that it relies heavily on debt financing | |
| About 58.0% of the company outstanding shares are owned by corporate insiders |
NTT DATA 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 NTT Stock often depends not only on the future outlook of the current and potential NTT DATA'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. NTT DATA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.4 B |
NTT DATA Technical Analysis
NTT DATA's future price can be derived by breaking down and analyzing its technical indicators over time. NTT Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NTT DATA. In general, you should focus on analyzing NTT Stock price patterns and their correlations with different microeconomic environments and drivers.
NTT DATA Predictive Forecast Models
NTT DATA's time-series forecasting models is one of many NTT DATA'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 NTT DATA'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 NTT DATA
Checking the ongoing alerts about NTT DATA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NTT DATA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NTT DATA is way too risky over 90 days horizon | |
| NTT DATA appears to be risky and price may revert if volatility continues | |
| The company has €393.65 Billion in debt which may indicate that it relies heavily on debt financing | |
| About 58.0% of the company outstanding shares are owned by corporate insiders |
Check out NTT DATA Backtesting, NTT DATA Valuation, NTT DATA Correlation, NTT DATA Hype Analysis, NTT DATA Volatility, NTT DATA History as well as NTT DATA Performance. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for NTT Stock analysis
When running NTT DATA's price analysis, check to measure NTT DATA'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 NTT DATA is operating at the current time. Most of NTT DATA's value examination focuses on studying past and present price action to predict the probability of NTT DATA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NTT DATA's price. Additionally, you may evaluate how the addition of NTT DATA to your portfolios can decrease your overall portfolio volatility.
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Stocks Directory Find actively traded stocks across global markets | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. |