North European Oil Stock Probability of Future Stock Price Finishing Under 4.62
| NRT Stock | USD 3.99 0.04 1.01% |
North |
North European Target Price Odds to finish below 4.62
The tendency of North 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 under $ 4.62 after 90 days |
| 3.99 | 90 days | 4.62 | about 39.26 |
Based on a normal probability distribution, the odds of North European to stay under $ 4.62 after 90 days from now is about 39.26 (This North European Oil probability density function shows the probability of North Stock to fall within a particular range of prices over 90 days) . Probability of North European Oil price to stay between its current price of $ 3.99 and $ 4.62 at the end of the 90-day period is about 32.45 .
Considering the 90-day investment horizon North European has a beta of 0.73. This indicates as returns on the market go up, North European average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding North European Oil will be expected to be much smaller as well. Additionally North European Oil 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. North European Price Density |
| Price |
Predictive Modules for North European
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as North European Oil. 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.North European Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. North European is not an exception. The market had few large corrections towards the North European'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 North European Oil, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of North European within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.43 | |
β | Beta against Dow Jones | 0.73 | |
σ | Overall volatility | 0.52 | |
Ir | Information ratio | -0.15 |
North European 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 North European for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for North European Oil can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| North European Oil generated a negative expected return over the last 90 days | |
| North European Oil has high historical volatility and very poor performance | |
| On 27th of November 2024 North European paid $ 0.02 per share dividend to its current shareholders |
North European 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 North Stock often depends not only on the future outlook of the current and potential North European'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. North European's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.2 M | |
| Cash And Short Term Investments | 795.2 K |
North European Technical Analysis
North European's future price can be derived by breaking down and analyzing its technical indicators over time. North Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of North European Oil. In general, you should focus on analyzing North Stock price patterns and their correlations with different microeconomic environments and drivers.
North European Predictive Forecast Models
North European's time-series forecasting models is one of many North European'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 North European'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 North European Oil
Checking the ongoing alerts about North European for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for North European Oil help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| North European Oil generated a negative expected return over the last 90 days | |
| North European Oil has high historical volatility and very poor performance | |
| On 27th of November 2024 North European paid $ 0.02 per share dividend to its current shareholders |
Additional Tools for North Stock Analysis
When running North European's price analysis, check to measure North European'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 North European is operating at the current time. Most of North European's value examination focuses on studying past and present price action to predict the probability of North European's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move North European's price. Additionally, you may evaluate how the addition of North European to your portfolios can decrease your overall portfolio volatility.