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NTG Nordic Probability of Target Price Finishing Over Current Price

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NTG -- Denmark Stock  

DKK 92.00  0.40  0.43%

NTG Nordic probability of target price tool provides mechanism to make assumptions about upside and downside potential of NTG Nordic Transport Group AS performance during a given time horizon utilizing its historical volatility.
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Please specify NTG Nordic time horizon, a valid symbol (red box) and a target price (blue box) you would like NTG Nordic odds to be computed. Additionally, see NTG Nordic Backtesting, NTG Nordic Valuation, NTG Nordic Correlation, NTG Nordic Hype Analysis, NTG Nordic Volatility, NTG Nordic History as well as NTG Nordic Performance.
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NTG Nordic Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 92.00 30 days 92.00 
about 82.7
Based on normal probability distribution, the odds of NTG Nordic to move above current price in 30 days from now is about 82.7 (This NTG Nordic Transport Group AS probability density function shows the probability of NTG Nordic Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, NTG Nordic Transport Group AS has beta of -0.2765 indicating as returns on benchmark increase, returns on holding NTG Nordic are expected to decrease at a much smaller rate. During bear market, however, NTG Nordic Transport Group AS is likely to outperform the market. Additionally The company has an alpha of 0.1346 implying that it can potentially generate 0.1346% excess return over DOW after adjusting for the inherited market risk (beta).
 NTG Nordic Price Density 
    
  Price 
α
Alpha over DOW
=0.13
β
Beta against DOW=0.28
σ
Overall volatility
=15.13
Ir
Information ratio =0.11

NTG Nordic Alerts and Suggestions

NTG Nordic Transport has very high historical volatility over the last 30 days
Net Loss for the year was (15.48 M) with profit before overhead, payroll, taxes, and interest of 2.86 M.
The company has accumulated about 57.47 M in cash with (13.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 47.53.

NTG NordicPrice Density Drivers

Float Shares752.8k
Average Daily Volume Last 10 Day17.3k
Average Daily Volume In Three Month31.27k
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