Newgenivf Group Limited Stock Probability of Future Stock Price Finishing Over 0.0471
| NIVFW Stock | 0.05 0.01 18.50% |
NewGenIvf |
NewGenIvf Group Target Price Odds to finish over 0.0471
The tendency of NewGenIvf 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 0.05 in 90 days |
| 0.05 | 90 days | 0.05 | about 1.79 |
Based on a normal probability distribution, the odds of NewGenIvf Group to stay above 0.05 in 90 days from now is about 1.79 (This NewGenIvf Group Limited probability density function shows the probability of NewGenIvf Stock to fall within a particular range of prices over 90 days) . Probability of NewGenIvf Group price to stay between 0.05 and its current price of 0.0474 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon NewGenIvf Group Limited has a beta of -4.08. This indicates as returns on its benchmark rise, returns on holding NewGenIvf Group Limited are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, NewGenIvf Group is expected to outperform its benchmark. In addition to that NewGenIvf Group Limited has an alpha of 5.1708, implying that it can generate a 5.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). NewGenIvf Group Price Density |
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Predictive Modules for NewGenIvf Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NewGenIvf Group. 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.NewGenIvf Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NewGenIvf Group is not an exception. The market had few large corrections towards the NewGenIvf Group'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 NewGenIvf Group Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NewGenIvf Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 5.17 | |
β | Beta against Dow Jones | -4.08 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.15 |
NewGenIvf Group 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 NewGenIvf Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NewGenIvf Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NewGenIvf Group is way too risky over 90 days horizon | |
| NewGenIvf Group has some characteristics of a very speculative penny stock | |
| NewGenIvf Group appears to be risky and price may revert if volatility continues | |
| NewGenIvf Group has a very weak financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: NewGenIvf Group announces proposed reverse merger with EWIHL - TipRanks |
NewGenIvf Group Technical Analysis
NewGenIvf Group's future price can be derived by breaking down and analyzing its technical indicators over time. NewGenIvf Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NewGenIvf Group Limited. In general, you should focus on analyzing NewGenIvf Stock price patterns and their correlations with different microeconomic environments and drivers.
NewGenIvf Group Predictive Forecast Models
NewGenIvf Group's time-series forecasting models is one of many NewGenIvf Group'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 NewGenIvf Group'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 NewGenIvf Group
Checking the ongoing alerts about NewGenIvf Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NewGenIvf Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NewGenIvf Group is way too risky over 90 days horizon | |
| NewGenIvf Group has some characteristics of a very speculative penny stock | |
| NewGenIvf Group appears to be risky and price may revert if volatility continues | |
| NewGenIvf Group has a very weak financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: NewGenIvf Group announces proposed reverse merger with EWIHL - TipRanks |
Additional Tools for NewGenIvf Stock Analysis
When running NewGenIvf Group's price analysis, check to measure NewGenIvf Group'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 NewGenIvf Group is operating at the current time. Most of NewGenIvf Group's value examination focuses on studying past and present price action to predict the probability of NewGenIvf Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NewGenIvf Group's price. Additionally, you may evaluate how the addition of NewGenIvf Group to your portfolios can decrease your overall portfolio volatility.