NEXTDC (Germany) Chance of Future Stock Price Finishing Over 8.84
| 2NX Stock | EUR 8.85 0.05 0.57% |
NEXTDC |
NEXTDC Target Price Odds to finish over 8.84
The tendency of NEXTDC 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 € 8.84 in 90 days |
| 8.85 | 90 days | 8.84 | about 99.0 |
Based on a normal probability distribution, the odds of NEXTDC to stay above € 8.84 in 90 days from now is about 99.0 (This NEXTDC LTD probability density function shows the probability of NEXTDC Stock to fall within a particular range of prices over 90 days) . Probability of NEXTDC LTD price to stay between € 8.84 and its current price of €8.85 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon NEXTDC has a beta of 0.27. This suggests as returns on the market go up, NEXTDC average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NEXTDC LTD will be expected to be much smaller as well. Additionally NEXTDC LTD has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. NEXTDC Price Density |
| Price |
Predictive Modules for NEXTDC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NEXTDC LTD. 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.NEXTDC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NEXTDC is not an exception. The market had few large corrections towards the NEXTDC'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 NEXTDC LTD, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NEXTDC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | 0.27 | |
σ | Overall volatility | 0.51 | |
Ir | Information ratio | -0.07 |
NEXTDC 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 NEXTDC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NEXTDC LTD can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NEXTDC LTD generated a negative expected return over the last 90 days | |
| NEXTDC LTD has accumulated €224.8 Million in debt which can lead to volatile earnings |
NEXTDC 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 NEXTDC Stock often depends not only on the future outlook of the current and potential NEXTDC'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. NEXTDC's indicators that are reflective of the short sentiment are summarized in the table below.
NEXTDC Technical Analysis
NEXTDC's future price can be derived by breaking down and analyzing its technical indicators over time. NEXTDC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NEXTDC LTD. In general, you should focus on analyzing NEXTDC Stock price patterns and their correlations with different microeconomic environments and drivers.
NEXTDC Predictive Forecast Models
NEXTDC's time-series forecasting models is one of many NEXTDC'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 NEXTDC'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 NEXTDC LTD
Checking the ongoing alerts about NEXTDC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NEXTDC LTD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NEXTDC LTD generated a negative expected return over the last 90 days | |
| NEXTDC LTD has accumulated €224.8 Million in debt which can lead to volatile earnings |
Other Information on Investing in NEXTDC Stock
NEXTDC financial ratios help investors to determine whether NEXTDC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NEXTDC with respect to the benefits of owning NEXTDC security.