Ncs Multistage Holdings Stock Probability of Future Stock Price Finishing Under 7.38
| NCSM Stock | USD 25.70 0.03 0.12% |
NCS |
NCS Multistage Target Price Odds to finish below 7.38
The tendency of NCS 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 $ 7.38 or more in 90 days |
| 25.70 | 90 days | 7.38 | near 1 |
Based on a normal probability distribution, the odds of NCS Multistage to drop to $ 7.38 or more in 90 days from now is near 1 (This NCS Multistage Holdings probability density function shows the probability of NCS Stock to fall within a particular range of prices over 90 days) . Probability of NCS Multistage Holdings price to stay between $ 7.38 and its current price of $25.7 at the end of the 90-day period is close to 99 .
Given the investment horizon of 90 days NCS Multistage has a beta of 0.19. This indicates as returns on the market go up, NCS Multistage average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NCS Multistage Holdings will be expected to be much smaller as well. Additionally NCS Multistage Holdings has an alpha of 0.3139, implying that it can generate a 0.31 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). NCS Multistage Price Density |
| Price |
Predictive Modules for NCS Multistage
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NCS Multistage Holdings. 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 NCS Multistage'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.
NCS Multistage Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NCS Multistage is not an exception. The market had few large corrections towards the NCS Multistage'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 NCS Multistage Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NCS Multistage within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.31 | |
β | Beta against Dow Jones | 0.19 | |
σ | Overall volatility | 2.13 | |
Ir | Information ratio | 0.07 |
NCS Multistage 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 NCS Multistage for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NCS Multistage Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NCS Multistage had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 142.47 M. Net Loss for the year was (3.15 M) with profit before overhead, payroll, taxes, and interest of 60.4 M. | |
| NCS Multistage has a poor financial position based on the latest SEC disclosures | |
| About 71.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: NCS Multistage Holdings EPS 15.74 - GuruFocus.com |
NCS Multistage 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 NCS Stock often depends not only on the future outlook of the current and potential NCS Multistage'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. NCS Multistage's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.5 M | |
| Cash And Short Term Investments | 16.7 M |
NCS Multistage Technical Analysis
NCS Multistage's future price can be derived by breaking down and analyzing its technical indicators over time. NCS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NCS Multistage Holdings. In general, you should focus on analyzing NCS Stock price patterns and their correlations with different microeconomic environments and drivers.
NCS Multistage Predictive Forecast Models
NCS Multistage's time-series forecasting models is one of many NCS Multistage'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 NCS Multistage'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 NCS Multistage Holdings
Checking the ongoing alerts about NCS Multistage for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NCS Multistage Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NCS Multistage had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 142.47 M. Net Loss for the year was (3.15 M) with profit before overhead, payroll, taxes, and interest of 60.4 M. | |
| NCS Multistage has a poor financial position based on the latest SEC disclosures | |
| About 71.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: NCS Multistage Holdings EPS 15.74 - GuruFocus.com |
Check out NCS Multistage Backtesting, NCS Multistage Valuation, NCS Multistage Correlation, NCS Multistage Hype Analysis, NCS Multistage Volatility, NCS Multistage History as well as NCS Multistage Performance. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NCS Multistage. If investors know NCS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NCS Multistage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.1) | Earnings Share 17.27 | Revenue Per Share 60.575 | Quarterly Revenue Growth 0.15 | Return On Assets (0.0007) |
The market value of NCS Multistage Holdings is measured differently than its book value, which is the value of NCS that is recorded on the company's balance sheet. Investors also form their own opinion of NCS Multistage's value that differs from its market value or its book value, called intrinsic value, which is NCS Multistage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NCS Multistage's market value can be influenced by many factors that don't directly affect NCS Multistage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NCS Multistage's value and its price as these two are different measures arrived at by different means. Investors typically determine if NCS Multistage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NCS Multistage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.