Nova Lifestyle I Stock Probability of Future Stock Price Finishing Under 0.46

NVFY Stock  USD 0.50  0.04  8.26%   
Nova Lifestyle's future price is the expected price of Nova Lifestyle 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 Nova Lifestyle I performance during a given time horizon utilizing its historical volatility. Check out Nova Lifestyle Backtesting, Nova Lifestyle Valuation, Nova Lifestyle Correlation, Nova Lifestyle Hype Analysis, Nova Lifestyle Volatility, Nova Lifestyle History as well as Nova Lifestyle Performance.
  
At this time, Nova Lifestyle's Price To Sales Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to rise to 12.41 in 2024, whereas Price Earnings Ratio is likely to drop (0.80) in 2024. Please specify Nova Lifestyle's target price for which you would like Nova Lifestyle odds to be computed.

Nova Lifestyle Target Price Odds to finish below 0.46

The tendency of Nova 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 drop to $ 0.46  or more in 90 days
 0.50 90 days 0.46 
nearly 4.85
Based on a normal probability distribution, the odds of Nova Lifestyle to drop to $ 0.46  or more in 90 days from now is nearly 4.85 (This Nova Lifestyle I probability density function shows the probability of Nova Stock to fall within a particular range of prices over 90 days) . Probability of Nova Lifestyle I price to stay between $ 0.46  and its current price of $0.5 at the end of the 90-day period is about 1.16 .
Given the investment horizon of 90 days Nova Lifestyle I has a beta of -0.74. This indicates as returns on the benchmark increase, returns on holding Nova Lifestyle are expected to decrease at a much lower rate. During a bear market, however, Nova Lifestyle I is likely to outperform the market. Additionally Nova Lifestyle I 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.
   Nova Lifestyle Price Density   
       Price  

Predictive Modules for Nova Lifestyle

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nova Lifestyle I. 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
0.030.556.01
Details
Intrinsic
Valuation
LowRealHigh
0.020.445.90
Details
Naive
Forecast
LowNextHigh
0.010.525.98
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.380.500.61
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Nova Lifestyle. Your research has to be compared to or analyzed against Nova Lifestyle's peers to derive any actionable benefits. When done correctly, Nova Lifestyle's 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 Nova Lifestyle I.

Nova Lifestyle Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Nova Lifestyle is not an exception. The market had few large corrections towards the Nova Lifestyle'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 Nova Lifestyle I, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nova Lifestyle within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-1.39
β
Beta against Dow Jones-0.74
σ
Overall volatility
0.38
Ir
Information ratio -0.29

Nova Lifestyle 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 Nova Lifestyle for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nova Lifestyle I can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Nova Lifestyle I generated a negative expected return over the last 90 days
Nova Lifestyle I has high historical volatility and very poor performance
Nova Lifestyle I has some characteristics of a very speculative penny stock
Nova Lifestyle I has a very high chance of going through financial distress in the upcoming years
The company reported the previous year's revenue of 11.09 M. Net Loss for the year was (7.72 M) with loss before overhead, payroll, taxes, and interest of (7.78 M).
Nova Lifestyle I currently holds about 4.68 M in cash with (1.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.68, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 30.0% of the company outstanding shares are owned by corporate insiders
Latest headline from gurufocus.com: Nova Lifestyle Stock Drops 6.26 percent Amidst Market Volatility

Nova Lifestyle 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 Nova Stock often depends not only on the future outlook of the current and potential Nova Lifestyle'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. Nova Lifestyle's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding1.6 M
Cash And Short Term Investments369.1 K

Nova Lifestyle Technical Analysis

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

Nova Lifestyle Predictive Forecast Models

Nova Lifestyle's time-series forecasting models is one of many Nova Lifestyle'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 Nova Lifestyle'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 Nova Lifestyle I

Checking the ongoing alerts about Nova Lifestyle for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nova Lifestyle I help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Nova Lifestyle I generated a negative expected return over the last 90 days
Nova Lifestyle I has high historical volatility and very poor performance
Nova Lifestyle I has some characteristics of a very speculative penny stock
Nova Lifestyle I has a very high chance of going through financial distress in the upcoming years
The company reported the previous year's revenue of 11.09 M. Net Loss for the year was (7.72 M) with loss before overhead, payroll, taxes, and interest of (7.78 M).
Nova Lifestyle I currently holds about 4.68 M in cash with (1.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.68, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 30.0% of the company outstanding shares are owned by corporate insiders
Latest headline from gurufocus.com: Nova Lifestyle Stock Drops 6.26 percent Amidst Market Volatility

Additional Tools for Nova Stock Analysis

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