NCR Corp Odds of Future Stock Price Finishing Under 24.37
| NCRDelisted Stock | USD 26.94 0.24 0.90% |
NCR |
NCR Corp Target Price Odds to finish below 24.37
The tendency of NCR 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 $ 24.37 or more in 90 days |
| 26.94 | 90 days | 24.37 | about 54.47 |
Based on a normal probability distribution, the odds of NCR Corp to drop to $ 24.37 or more in 90 days from now is about 54.47 (This NCR Corp probability density function shows the probability of NCR Stock to fall within a particular range of prices over 90 days) . Probability of NCR Corp price to stay between $ 24.37 and its current price of $26.94 at the end of the 90-day period is about 40.91 .
Considering the 90-day investment horizon NCR Corp has a beta of 0.19. This indicates as returns on the market go up, NCR Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NCR Corp will be expected to be much smaller as well. Additionally NCR Corp has an alpha of 0.2458, implying that it can generate a 0.25 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). NCR Corp Price Density |
| Price |
Predictive Modules for NCR Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NCR Corp. 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 NCR Corp'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.
NCR Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NCR Corp is not an exception. The market had few large corrections towards the NCR Corp'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 NCR Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NCR Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.25 | |
β | Beta against Dow Jones | 0.19 | |
σ | Overall volatility | 1.62 | |
Ir | Information ratio | 0.06 |
NCR Corp 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 NCR Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NCR Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NCR Corp is not yet fully synchronised with the market data | |
| NCR Corp has a very high chance of going through financial distress in the upcoming years | |
| Over 89.0% of the company shares are owned by institutional investors |
NCR Corp 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 NCR Stock often depends not only on the future outlook of the current and potential NCR Corp'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. NCR Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 141.2 M | |
| Cash And Short Term Investments | 505 M |
NCR Corp Technical Analysis
NCR Corp's future price can be derived by breaking down and analyzing its technical indicators over time. NCR Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NCR Corp. In general, you should focus on analyzing NCR Stock price patterns and their correlations with different microeconomic environments and drivers.
NCR Corp Predictive Forecast Models
NCR Corp's time-series forecasting models is one of many NCR Corp'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 NCR Corp'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 NCR Corp
Checking the ongoing alerts about NCR Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NCR Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NCR Corp is not yet fully synchronised with the market data | |
| NCR Corp has a very high chance of going through financial distress in the upcoming years | |
| Over 89.0% of the company shares are owned by institutional investors |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Other Consideration for investing in NCR Stock
If you are still planning to invest in NCR Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the NCR Corp's history and understand the potential risks before investing.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |