Asia Broadband Stock Probability of Future Pink Sheet Price Finishing Under 0.0004
| AABB Stock | USD 0.02 0 8.10% |
Asia |
Asia Broadband Target Price Odds to finish below 0.0004
The tendency of Asia 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 drop to $ 0.0004 or more in 90 days |
| 0.02 | 90 days | 0.0004 | near 1 |
Based on a normal probability distribution, the odds of Asia Broadband to drop to $ 0.0004 or more in 90 days from now is near 1 (This Asia Broadband probability density function shows the probability of Asia Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Asia Broadband price to stay between $ 0.0004 and its current price of $0.0227 at the end of the 90-day period is about 10.8 .
Given the investment horizon of 90 days Asia Broadband has a beta of -0.32. This suggests as returns on the benchmark increase, returns on holding Asia Broadband are expected to decrease at a much lower rate. During a bear market, however, Asia Broadband is likely to outperform the market. Additionally Asia Broadband 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. Asia Broadband Price Density |
| Price |
Predictive Modules for Asia Broadband
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Asia Broadband. 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.Asia Broadband Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Asia Broadband is not an exception. The market had few large corrections towards the Asia Broadband'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 Asia Broadband, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Asia Broadband within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.92 | |
β | Beta against Dow Jones | -0.32 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.2 |
Asia Broadband 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 Asia Broadband for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Asia Broadband can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Asia Broadband generated a negative expected return over the last 90 days | |
| Asia Broadband has high historical volatility and very poor performance | |
| Asia Broadband has some characteristics of a very speculative penny stock | |
| Asia Broadband has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 882.51 K. Net Loss for the year was (12.01 K) with profit before overhead, payroll, taxes, and interest of 50.5 K. | |
| Latest headline from news.google.com: TSX Penny Stocks To Consider In November 2024 - Simply Wall St |
Asia Broadband Technical Analysis
Asia Broadband's future price can be derived by breaking down and analyzing its technical indicators over time. Asia Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Asia Broadband. In general, you should focus on analyzing Asia Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Asia Broadband Predictive Forecast Models
Asia Broadband's time-series forecasting models is one of many Asia Broadband'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 Asia Broadband'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 Asia Broadband
Checking the ongoing alerts about Asia Broadband for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Asia Broadband help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Asia Broadband generated a negative expected return over the last 90 days | |
| Asia Broadband has high historical volatility and very poor performance | |
| Asia Broadband has some characteristics of a very speculative penny stock | |
| Asia Broadband has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 882.51 K. Net Loss for the year was (12.01 K) with profit before overhead, payroll, taxes, and interest of 50.5 K. | |
| Latest headline from news.google.com: TSX Penny Stocks To Consider In November 2024 - Simply Wall St |
Other Information on Investing in Asia Pink Sheet
Asia Broadband financial ratios help investors to determine whether Asia 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 Asia with respect to the benefits of owning Asia Broadband security.