Nyxoah (Belgium) Chance of Future Stock Price Finishing Over 8.58
| NYXH Stock | EUR 8.10 0.28 3.58% |
Nyxoah |
Nyxoah Target Price Odds to finish over 8.58
The tendency of Nyxoah 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 € 8.58 or more in 90 days |
| 8.10 | 90 days | 8.58 | about 28.65 |
Based on a normal probability distribution, the odds of Nyxoah to move over € 8.58 or more in 90 days from now is about 28.65 (This Nyxoah probability density function shows the probability of Nyxoah Stock to fall within a particular range of prices over 90 days) . Probability of Nyxoah price to stay between its current price of € 8.10 and € 8.58 at the end of the 90-day period is about 33.48 .
Assuming the 90 days trading horizon Nyxoah has a beta of 0.16. This indicates as returns on the market go up, Nyxoah average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nyxoah will be expected to be much smaller as well. Additionally Nyxoah has an alpha of 0.1256, implying that it can generate a 0.13 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nyxoah Price Density |
| Price |
Predictive Modules for Nyxoah
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nyxoah. 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.Nyxoah Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nyxoah is not an exception. The market had few large corrections towards the Nyxoah'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 Nyxoah, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nyxoah within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | 0.16 | |
σ | Overall volatility | 0.55 | |
Ir | Information ratio | 0.04 |
Nyxoah 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 Nyxoah for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nyxoah can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nyxoah generated a negative expected return over the last 90 days | |
| The company reported the revenue of 852 K. Net Loss for the year was (27.62 M) with loss before overhead, payroll, taxes, and interest of (5.27 M). | |
| Nyxoah has accumulated about 86.21 M in cash with (25.34 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.9. | |
| Roughly 43.0% of the company outstanding shares are owned by corporate insiders |
Nyxoah 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 Nyxoah Stock often depends not only on the future outlook of the current and potential Nyxoah'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. Nyxoah's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 25.8 M |
Nyxoah Technical Analysis
Nyxoah's future price can be derived by breaking down and analyzing its technical indicators over time. Nyxoah Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nyxoah. In general, you should focus on analyzing Nyxoah Stock price patterns and their correlations with different microeconomic environments and drivers.
Nyxoah Predictive Forecast Models
Nyxoah's time-series forecasting models is one of many Nyxoah'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 Nyxoah'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 Nyxoah
Checking the ongoing alerts about Nyxoah for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nyxoah help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nyxoah generated a negative expected return over the last 90 days | |
| The company reported the revenue of 852 K. Net Loss for the year was (27.62 M) with loss before overhead, payroll, taxes, and interest of (5.27 M). | |
| Nyxoah has accumulated about 86.21 M in cash with (25.34 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.9. | |
| Roughly 43.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Nyxoah Stock Analysis
When running Nyxoah's price analysis, check to measure Nyxoah'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 Nyxoah is operating at the current time. Most of Nyxoah's value examination focuses on studying past and present price action to predict the probability of Nyxoah's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nyxoah's price. Additionally, you may evaluate how the addition of Nyxoah to your portfolios can decrease your overall portfolio volatility.