Next Meats Holdings Stock Probability of Future Pink Sheet Price Finishing Over 0.0028
| NXMH Stock | USD 0 0.0001 4.76% |
Next |
Next Meats Target Price Odds to finish over 0.0028
The tendency of Next Pink Sheet 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 or more in 90 days |
| 0 | 90 days | 0 | about 98.0 |
Based on a normal probability distribution, the odds of Next Meats to move over $ 0 or more in 90 days from now is about 98.0 (This Next Meats Holdings probability density function shows the probability of Next Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Next Meats Holdings price to stay between its current price of $ 0 and $ 0 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 1.47 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Next Meats will likely underperform. Additionally Next Meats Holdings has an alpha of 0.1758, implying that it can generate a 0.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Next Meats Price Density |
| Price |
Predictive Modules for Next Meats
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Next Meats Holdings. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Next Meats Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Next Meats is not an exception. The market had few large corrections towards the Next Meats' 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 Next Meats Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Next Meats within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | 1.47 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.02 |
Next Meats 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 Next Meats for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Next Meats 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.| Next Meats Holdings had very high historical volatility over the last 90 days | |
| Next Meats Holdings has some characteristics of a very speculative penny stock | |
| Next Meats Holdings has high likelihood to experience some financial distress in the next 2 years | |
| Next Meats Holdings currently holds 271.61 K in liabilities with Debt to Equity (D/E) ratio of 9.64, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Next Meats Holdings has a current ratio of 0.73, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Next Meats until it has trouble settling it off, either with new capital or with free cash flow. So, Next Meats' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Next Meats Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Next to invest in growth at high rates of return. When we think about Next Meats' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 6.95 M. Net Loss for the year was (5.8 M) with profit before overhead, payroll, taxes, and interest of 10.5 M. | |
| Next Meats Holdings currently holds about 164.22 K in cash with (8.45 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 82.0% of Next Meats outstanding shares are owned by corporate insiders |
Next Meats 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 Next Pink Sheet often depends not only on the future outlook of the current and potential Next Meats' 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. Next Meats' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 500.6 M | |
| Cash And Short Term Investments | 620.3 K |
Next Meats Technical Analysis
Next Meats' future price can be derived by breaking down and analyzing its technical indicators over time. Next Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Next Meats Holdings. In general, you should focus on analyzing Next Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Next Meats Predictive Forecast Models
Next Meats' time-series forecasting models is one of many Next Meats' pink sheet 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 Next Meats' 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Next Meats Holdings
Checking the ongoing alerts about Next Meats for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Next Meats Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Next Meats Holdings had very high historical volatility over the last 90 days | |
| Next Meats Holdings has some characteristics of a very speculative penny stock | |
| Next Meats Holdings has high likelihood to experience some financial distress in the next 2 years | |
| Next Meats Holdings currently holds 271.61 K in liabilities with Debt to Equity (D/E) ratio of 9.64, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Next Meats Holdings has a current ratio of 0.73, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Next Meats until it has trouble settling it off, either with new capital or with free cash flow. So, Next Meats' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Next Meats Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Next to invest in growth at high rates of return. When we think about Next Meats' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 6.95 M. Net Loss for the year was (5.8 M) with profit before overhead, payroll, taxes, and interest of 10.5 M. | |
| Next Meats Holdings currently holds about 164.22 K in cash with (8.45 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 82.0% of Next Meats outstanding shares are owned by corporate insiders |
Other Information on Investing in Next Pink Sheet
Next Meats financial ratios help investors to determine whether Next Pink Sheet 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 Next with respect to the benefits of owning Next Meats security.