Nvent Electric Plc Stock Probability of Future Stock Price Finishing Over 61.67
| NVT Stock | USD 81.74 0.33 0.40% |
Closest to current price NVent long CALL Option Payoff at Expiration
NVent |
NVent Electric Target Price Odds to finish over 61.67
The tendency of NVent 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 stay above $ 61.67 in 90 days |
| 81.74 | 90 days | 61.67 | about 97.0 |
Based on a normal probability distribution, the odds of NVent Electric to stay above $ 61.67 in 90 days from now is about 97.0 (This nVent Electric PLC probability density function shows the probability of NVent Stock to fall within a particular range of prices over 90 days) . Probability of nVent Electric PLC price to stay between $ 61.67 and its current price of $81.74 at the end of the 90-day period is over 95.75 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.59 . 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, NVent Electric will likely underperform. Additionally NVent Electric PLC has an alpha of 0.2624, implying that it can generate a 0.26 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). NVent Electric Price Density |
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Predictive Modules for NVent Electric
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as nVent Electric PLC. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NVent Electric's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
NVent Electric Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NVent Electric is not an exception. The market had few large corrections towards the NVent Electric'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 nVent Electric PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NVent Electric within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.26 | |
β | Beta against NYSE Composite | 1.59 | |
σ | Overall volatility | 4.92 | |
Ir | Information ratio | 0.19 |
NVent Electric 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 NVent Electric for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for nVent Electric PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 93.0% of the company shares are owned by institutional investors | |
| On 10th of May 2024 NVent Electric paid $ 0.19 per share dividend to its current shareholders | |
| Latest headline from businesswire.com: nVent Electric plc to Participate in the Wolfe Global Transportation Industrials Conference |
NVent Electric 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 NVent Stock often depends not only on the future outlook of the current and potential NVent Electric'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. NVent Electric's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 168.2 M | |
| Cash And Short Term Investments | 185.1 M |
NVent Electric Technical Analysis
NVent Electric's future price can be derived by breaking down and analyzing its technical indicators over time. NVent Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of nVent Electric PLC. In general, you should focus on analyzing NVent Stock price patterns and their correlations with different microeconomic environments and drivers.
NVent Electric Predictive Forecast Models
NVent Electric's time-series forecasting models is one of many NVent Electric'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 NVent Electric'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 nVent Electric PLC
Checking the ongoing alerts about NVent Electric for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for nVent Electric PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 93.0% of the company shares are owned by institutional investors | |
| On 10th of May 2024 NVent Electric paid $ 0.19 per share dividend to its current shareholders | |
| Latest headline from businesswire.com: nVent Electric plc to Participate in the Wolfe Global Transportation Industrials Conference |
Check out NVent Electric Backtesting, NVent Electric Valuation, NVent Electric Correlation, NVent Electric Hype Analysis, NVent Electric Volatility, NVent Electric History as well as NVent Electric Performance. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for NVent Stock analysis
When running NVent Electric's price analysis, check to measure NVent Electric'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 NVent Electric is operating at the current time. Most of NVent Electric's value examination focuses on studying past and present price action to predict the probability of NVent Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NVent Electric's price. Additionally, you may evaluate how the addition of NVent Electric to your portfolios can decrease your overall portfolio volatility.
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Is NVent Electric's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NVent Electric. If investors know NVent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NVent Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.107 | Dividend Share 0.73 | Earnings Share 3.43 | Revenue Per Share 20.511 | Quarterly Revenue Growth 0.181 |
The market value of nVent Electric PLC is measured differently than its book value, which is the value of NVent that is recorded on the company's balance sheet. Investors also form their own opinion of NVent Electric's value that differs from its market value or its book value, called intrinsic value, which is NVent Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NVent Electric's market value can be influenced by many factors that don't directly affect NVent Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NVent Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if NVent Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NVent Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.