NTG Nordic (Denmark) Probability of Future Stock Price Finishing Under 92.0
| NTG Stock | DKK 272.00 1.50 0.55% |
NTG |
NTG Nordic Target Price Odds to finish below 92.0
The tendency of NTG 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 drop to kr 92.00 or more in 90 days |
| 272.00 | 90 days | 92.00 | near 1 |
Based on a normal probability distribution, the odds of NTG Nordic to drop to kr 92.00 or more in 90 days from now is near 1 (This NTG Nordic Transport probability density function shows the probability of NTG Stock to fall within a particular range of prices over 90 days) . Probability of NTG Nordic Transport price to stay between kr 92.00 and its current price of kr272.0 at the end of the 90-day period is about 23.11 .
Assuming the 90 days trading horizon NTG Nordic Transport has a beta of -0.0211. This indicates as returns on the benchmark increase, returns on holding NTG Nordic are expected to decrease at a much lower rate. During a bear market, however, NTG Nordic Transport is likely to outperform the market. Additionally NTG Nordic Transport has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. NTG Nordic Price Density |
| Price |
Predictive Modules for NTG Nordic
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NTG Nordic Transport. 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 NTG Nordic'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.
NTG Nordic Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NTG Nordic is not an exception. The market had few large corrections towards the NTG Nordic'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 NTG Nordic Transport, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NTG Nordic within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.07 | |
β | Beta against NYSE Composite | -0.02 | |
σ | Overall volatility | 14.49 | |
Ir | Information ratio | -0.07 |
NTG Nordic 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 NTG Nordic for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NTG Nordic Transport can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NTG Nordic Transport generated a negative expected return over the last 90 days | |
| The company has accumulated 626.7 M in total debt with debt to equity ratio (D/E) of 1.43, which is about average as compared to similar companies. NTG Nordic Transport has a current ratio of 0.9, 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 NTG Nordic until it has trouble settling it off, either with new capital or with free cash flow. So, NTG Nordic'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 NTG Nordic Transport sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NTG to invest in growth at high rates of return. When we think about NTG Nordic's use of debt, we should always consider it together with cash and equity. | |
| About 32.0% of NTG Nordic outstanding shares are owned by corporate insiders |
NTG Nordic 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 NTG Stock often depends not only on the future outlook of the current and potential NTG Nordic'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. NTG Nordic's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 22.6 M |
NTG Nordic Technical Analysis
NTG Nordic's future price can be derived by breaking down and analyzing its technical indicators over time. NTG Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NTG Nordic Transport. In general, you should focus on analyzing NTG Stock price patterns and their correlations with different microeconomic environments and drivers.
NTG Nordic Predictive Forecast Models
NTG Nordic's time-series forecasting models is one of many NTG Nordic'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 NTG Nordic'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 NTG Nordic Transport
Checking the ongoing alerts about NTG Nordic for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NTG Nordic Transport help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NTG Nordic Transport generated a negative expected return over the last 90 days | |
| The company has accumulated 626.7 M in total debt with debt to equity ratio (D/E) of 1.43, which is about average as compared to similar companies. NTG Nordic Transport has a current ratio of 0.9, 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 NTG Nordic until it has trouble settling it off, either with new capital or with free cash flow. So, NTG Nordic'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 NTG Nordic Transport sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NTG to invest in growth at high rates of return. When we think about NTG Nordic's use of debt, we should always consider it together with cash and equity. | |
| About 32.0% of NTG Nordic outstanding shares are owned by corporate insiders |
Check out 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. Note that the NTG Nordic Transport information on this page should be used as a complementary analysis to other NTG Nordic'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for NTG Stock analysis
When running NTG Nordic's price analysis, check to measure NTG Nordic'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 NTG Nordic is operating at the current time. Most of NTG Nordic's value examination focuses on studying past and present price action to predict the probability of NTG Nordic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NTG Nordic's price. Additionally, you may evaluate how the addition of NTG Nordic to your portfolios can decrease your overall portfolio volatility.
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