Nubeva Technologies Stock Probability of Future Stock Price Finishing Over 0.92

NBVA Stock  CAD 0.20  0.01  4.76%   
Nubeva Technologies' future price is the expected price of Nubeva Technologies instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Nubeva Technologies performance during a given time horizon utilizing its historical volatility. Check out Nubeva Technologies Backtesting, Nubeva Technologies Valuation, Nubeva Technologies Correlation, Nubeva Technologies Hype Analysis, Nubeva Technologies Volatility, Nubeva Technologies History as well as Nubeva Technologies Performance.
  
At this time, Nubeva Technologies' Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to climb to 129.24 in 2024, despite the fact that Price Earnings Ratio is likely to grow to (11.7 K). Please specify Nubeva Technologies' target price for which you would like Nubeva Technologies odds to be computed.

Nubeva Technologies Target Price Odds to finish over 0.92

The tendency of Nubeva 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 PriceHorizonTarget PriceOdds to move over C$ 0.92  or more in 90 days
 0.20 90 days 0.92 
close to zero percent
Based on a normal probability distribution, the odds of Nubeva Technologies to move over C$ 0.92  or more in 90 days from now is close to zero percent (This Nubeva Technologies probability density function shows the probability of Nubeva Stock to fall within a particular range of prices over 90 days) . Probability of Nubeva Technologies price to stay between its current price of C$ 0.20  and C$ 0.92  at the end of the 90-day period is about 70.66 .
Assuming the 90 days trading horizon Nubeva Technologies has a beta of -0.51. This indicates as returns on the benchmark increase, returns on holding Nubeva Technologies are expected to decrease at a much lower rate. During a bear market, however, Nubeva Technologies is likely to outperform the market. Additionally Nubeva Technologies 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.
   Nubeva Technologies Price Density   
       Price  

Predictive Modules for Nubeva Technologies

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nubeva Technologies. 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.
Hype
Prediction
LowEstimatedHigh
0.010.209.44
Details
Intrinsic
Valuation
LowRealHigh
0.010.189.42
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Nubeva Technologies. Your research has to be compared to or analyzed against Nubeva Technologies' peers to derive any actionable benefits. When done correctly, Nubeva Technologies' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Nubeva Technologies.

Nubeva Technologies Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Nubeva Technologies is not an exception. The market had few large corrections towards the Nubeva Technologies' 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 Nubeva Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nubeva Technologies within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.13
β
Beta against Dow Jones-0.51
σ
Overall volatility
0.04
Ir
Information ratio -0.02

Nubeva Technologies 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 Nubeva Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nubeva Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Nubeva Technologies generated a negative expected return over the last 90 days
Nubeva Technologies has high historical volatility and very poor performance
Nubeva Technologies has some characteristics of a very speculative penny stock
Nubeva Technologies has high likelihood to experience some financial distress in the next 2 years
The company reported the revenue of 1.79 M. Net Loss for the year was (1.36 K) with profit before overhead, payroll, taxes, and interest of 2.07 M.
Nubeva Technologies has accumulated about 4.89 M in cash with (61.24 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09.
Roughly 25.0% of the company outstanding shares are owned by corporate insiders
Latest headline from news.google.com: Canuc Resources And 2 Other TSX Penny Stocks To Consider - Simply Wall St

Nubeva Technologies 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 Nubeva Stock often depends not only on the future outlook of the current and potential Nubeva Technologies' 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. Nubeva Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding70 M
Shares Float52.3 M

Nubeva Technologies Technical Analysis

Nubeva Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Nubeva Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nubeva Technologies. In general, you should focus on analyzing Nubeva Stock price patterns and their correlations with different microeconomic environments and drivers.

Nubeva Technologies Predictive Forecast Models

Nubeva Technologies' time-series forecasting models is one of many Nubeva Technologies' 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 Nubeva Technologies' 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 Nubeva Technologies

Checking the ongoing alerts about Nubeva Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nubeva Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Nubeva Technologies generated a negative expected return over the last 90 days
Nubeva Technologies has high historical volatility and very poor performance
Nubeva Technologies has some characteristics of a very speculative penny stock
Nubeva Technologies has high likelihood to experience some financial distress in the next 2 years
The company reported the revenue of 1.79 M. Net Loss for the year was (1.36 K) with profit before overhead, payroll, taxes, and interest of 2.07 M.
Nubeva Technologies has accumulated about 4.89 M in cash with (61.24 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09.
Roughly 25.0% of the company outstanding shares are owned by corporate insiders
Latest headline from news.google.com: Canuc Resources And 2 Other TSX Penny Stocks To Consider - Simply Wall St

Additional Tools for Nubeva Stock Analysis

When running Nubeva Technologies' price analysis, check to measure Nubeva Technologies' 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 Nubeva Technologies is operating at the current time. Most of Nubeva Technologies' value examination focuses on studying past and present price action to predict the probability of Nubeva Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nubeva Technologies' price. Additionally, you may evaluate how the addition of Nubeva Technologies to your portfolios can decrease your overall portfolio volatility.