Nextcom (Israel) Odds of Future Stock Price Finishing Over 654.36
| NXTM Stock | ILS 795.00 0.00 0.00% |
Nextcom |
Nextcom Target Price Odds to finish over 654.36
The tendency of Nextcom 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 S 654.36 in 90 days |
| 795.00 | 90 days | 654.36 | close to 99 |
Based on a normal probability distribution, the odds of Nextcom to stay above S 654.36 in 90 days from now is close to 99 (This Nextcom probability density function shows the probability of Nextcom Stock to fall within a particular range of prices over 90 days) . Probability of Nextcom price to stay between S 654.36 and its current price of S795.0 at the end of the 90-day period is about 78.58 .
Assuming the 90 days trading horizon Nextcom has a beta of -0.73. This indicates as returns on the benchmark increase, returns on holding Nextcom are expected to decrease at a much lower rate. During a bear market, however, Nextcom is likely to outperform the market. Additionally Nextcom has an alpha of 0.2389, implying that it can generate a 0.24 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Nextcom Price Density |
| Price |
Predictive Modules for Nextcom
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nextcom. 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 Nextcom'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.
Nextcom Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nextcom is not an exception. The market had few large corrections towards the Nextcom'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 Nextcom, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nextcom within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.24 | |
β | Beta against NYSE Composite | -0.73 | |
σ | Overall volatility | 35.17 | |
Ir | Information ratio | 0.05 |
Nextcom 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 Nextcom for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nextcom can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nextcom has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 61.0% of the company outstanding shares are owned by corporate insiders |
Nextcom 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 Nextcom Stock often depends not only on the future outlook of the current and potential Nextcom'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. Nextcom's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 14.2 M |
Nextcom Technical Analysis
Nextcom's future price can be derived by breaking down and analyzing its technical indicators over time. Nextcom Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nextcom. In general, you should focus on analyzing Nextcom Stock price patterns and their correlations with different microeconomic environments and drivers.
Nextcom Predictive Forecast Models
Nextcom's time-series forecasting models is one of many Nextcom'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 Nextcom'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 Nextcom
Checking the ongoing alerts about Nextcom for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nextcom help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nextcom has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 61.0% of the company outstanding shares are owned by corporate insiders |
Check out Nextcom Backtesting, Nextcom Valuation, Nextcom Correlation, Nextcom Hype Analysis, Nextcom Volatility, Nextcom History as well as Nextcom 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 Nextcom Stock analysis
When running Nextcom's price analysis, check to measure Nextcom'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 Nextcom is operating at the current time. Most of Nextcom's value examination focuses on studying past and present price action to predict the probability of Nextcom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextcom's price. Additionally, you may evaluate how the addition of Nextcom to your portfolios can decrease your overall portfolio volatility.
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