Nextmart Stock Odds of Future Pink Sheet Price Finishing Under 8.43E-4
| NXMR Stock | USD 0.0004 0.0002 33.33% |
Nextmart |
Nextmart Target Price Odds to finish below 8.43E-4
The tendency of Nextmart 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 stay under $ 0.0008 after 90 days |
| 0.0004 | 90 days | 0.0008 | about 57.34 |
Based on a normal probability distribution, the odds of Nextmart to stay under $ 0.0008 after 90 days from now is about 57.34 (This Nextmart probability density function shows the probability of Nextmart Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Nextmart price to stay between its current price of $ 0.0004 and $ 0.0008 at the end of the 90-day period is about 25.64 .
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 11.06 . 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, Nextmart will likely underperform. In addition to that Nextmart has an alpha of 6.5347, implying that it can generate a 6.53 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nextmart Price Density |
| Price |
Predictive Modules for Nextmart
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nextmart. 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.Nextmart Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nextmart is not an exception. The market had few large corrections towards the Nextmart'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 Nextmart, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nextmart within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 6.53 | |
β | Beta against Dow Jones | 11.06 | |
σ | Overall volatility | 0.0007 | |
Ir | Information ratio | 0.15 |
Nextmart 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 Nextmart for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nextmart can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nextmart is way too risky over 90 days horizon | |
| Nextmart has some characteristics of a very speculative penny stock | |
| Nextmart appears to be risky and price may revert if volatility continues | |
| Nextmart has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (248.67 K) with profit before overhead, payroll, taxes, and interest of 0. |
Nextmart 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 Nextmart Pink Sheet often depends not only on the future outlook of the current and potential Nextmart'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. Nextmart's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 374.1 M | |
| Cash And Short Term Investments | 3 M |
Nextmart Technical Analysis
Nextmart's future price can be derived by breaking down and analyzing its technical indicators over time. Nextmart Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nextmart. In general, you should focus on analyzing Nextmart Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Nextmart Predictive Forecast Models
Nextmart's time-series forecasting models is one of many Nextmart's 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 Nextmart'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Nextmart
Checking the ongoing alerts about Nextmart for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nextmart help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nextmart is way too risky over 90 days horizon | |
| Nextmart has some characteristics of a very speculative penny stock | |
| Nextmart appears to be risky and price may revert if volatility continues | |
| Nextmart has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (248.67 K) with profit before overhead, payroll, taxes, and interest of 0. |
Additional Tools for Nextmart Pink Sheet Analysis
When running Nextmart's price analysis, check to measure Nextmart'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 Nextmart is operating at the current time. Most of Nextmart's value examination focuses on studying past and present price action to predict the probability of Nextmart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextmart's price. Additionally, you may evaluate how the addition of Nextmart to your portfolios can decrease your overall portfolio volatility.