NEW WORLD (Germany) Probability of Future Stock Price Finishing Over 0.92
| NWDA Stock | EUR 0.64 0.01 1.54% |
NEW |
NEW WORLD Target Price Odds to finish over 0.92
The tendency of NEW 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 move over € 0.92 or more in 90 days |
| 0.64 | 90 days | 0.92 | about 40.13 |
Based on a normal probability distribution, the odds of NEW WORLD to move over € 0.92 or more in 90 days from now is about 40.13 (This NEW WORLD DEVCO probability density function shows the probability of NEW Stock to fall within a particular range of prices over 90 days) . Probability of NEW WORLD DEVCO price to stay between its current price of € 0.64 and € 0.92 at the end of the 90-day period is about 58.0 .
Assuming the 90 days trading horizon NEW WORLD has a beta of 1.0. This indicates NEW WORLD DEVCO market returns are reactive to returns on the market. As the market goes up or down, NEW WORLD is expected to follow. Additionally NEW WORLD DEVCO 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. NEW WORLD Price Density |
| Price |
Predictive Modules for NEW WORLD
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NEW WORLD DEVCO. 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.NEW WORLD Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NEW WORLD is not an exception. The market had few large corrections towards the NEW WORLD'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 NEW WORLD DEVCO, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NEW WORLD within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.44 | |
β | Beta against Dow Jones | 1.00 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.11 |
NEW WORLD 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 NEW WORLD for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NEW WORLD DEVCO can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NEW WORLD DEVCO generated a negative expected return over the last 90 days | |
| NEW WORLD DEVCO has some characteristics of a very speculative penny stock | |
| NEW WORLD DEVCO has high historical volatility and very poor performance | |
| NEW WORLD DEVCO has accumulated about 56.04 B in cash with (925.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 22.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 46.0% of the company outstanding shares are owned by corporate insiders |
NEW WORLD 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 NEW Stock often depends not only on the future outlook of the current and potential NEW WORLD'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. NEW WORLD's indicators that are reflective of the short sentiment are summarized in the table below.
| Dividend Yield | 0.0876 | |
| Forward Annual Dividend Rate | 0.25 | |
| Shares Float | 1.4 B |
NEW WORLD Technical Analysis
NEW WORLD's future price can be derived by breaking down and analyzing its technical indicators over time. NEW Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NEW WORLD DEVCO. In general, you should focus on analyzing NEW Stock price patterns and their correlations with different microeconomic environments and drivers.
NEW WORLD Predictive Forecast Models
NEW WORLD's time-series forecasting models is one of many NEW WORLD'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 NEW WORLD'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 NEW WORLD DEVCO
Checking the ongoing alerts about NEW WORLD for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NEW WORLD DEVCO help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NEW WORLD DEVCO generated a negative expected return over the last 90 days | |
| NEW WORLD DEVCO has some characteristics of a very speculative penny stock | |
| NEW WORLD DEVCO has high historical volatility and very poor performance | |
| NEW WORLD DEVCO has accumulated about 56.04 B in cash with (925.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 22.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 46.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in NEW Stock
NEW WORLD financial ratios help investors to determine whether NEW Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NEW with respect to the benefits of owning NEW WORLD security.