Abingdon Health (UK) Probability of Future Stock Price Finishing Over 7.25
| ABDX Stock | 7.25 0.50 6.45% |
Abingdon |
Abingdon Health Target Price Odds to finish over 7.25
The tendency of Abingdon 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 above the current price in 90 days |
| 7.25 | 90 days | 7.25 | roughly 96.0 |
Based on a normal probability distribution, the odds of Abingdon Health to move above the current price in 90 days from now is roughly 96.0 (This Abingdon Health Plc probability density function shows the probability of Abingdon Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Abingdon Health Plc has a beta of -0.35. This suggests as returns on the benchmark increase, returns on holding Abingdon Health are expected to decrease at a much lower rate. During a bear market, however, Abingdon Health Plc is likely to outperform the market. Additionally Abingdon Health Plc 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. Abingdon Health Price Density |
| Price |
Predictive Modules for Abingdon Health
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Abingdon Health 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.Abingdon Health Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Abingdon Health is not an exception. The market had few large corrections towards the Abingdon Health'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 Abingdon Health Plc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Abingdon Health within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.43 | |
β | Beta against Dow Jones | -0.35 | |
σ | Overall volatility | 0.91 | |
Ir | Information ratio | -0.26 |
Abingdon Health 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 Abingdon Health for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Abingdon Health 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.| Abingdon Health Plc generated a negative expected return over the last 90 days | |
| Abingdon Health Plc has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 6.13 M. Net Loss for the year was (1.27 M) with profit before overhead, payroll, taxes, and interest of 2.08 M. | |
| Abingdon Health generates negative cash flow from operations | |
| About 43.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Abingdon Health Achieves Strong AGM Support - TipRanks |
Abingdon Health 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 Abingdon Stock often depends not only on the future outlook of the current and potential Abingdon Health'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. Abingdon Health's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 304.7 M | |
| Cash And Short Term Investments | 1.4 M |
Abingdon Health Technical Analysis
Abingdon Health's future price can be derived by breaking down and analyzing its technical indicators over time. Abingdon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Abingdon Health Plc. In general, you should focus on analyzing Abingdon Stock price patterns and their correlations with different microeconomic environments and drivers.
Abingdon Health Predictive Forecast Models
Abingdon Health's time-series forecasting models is one of many Abingdon Health'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 Abingdon Health'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 Abingdon Health Plc
Checking the ongoing alerts about Abingdon Health for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Abingdon Health Plc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Abingdon Health Plc generated a negative expected return over the last 90 days | |
| Abingdon Health Plc has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 6.13 M. Net Loss for the year was (1.27 M) with profit before overhead, payroll, taxes, and interest of 2.08 M. | |
| Abingdon Health generates negative cash flow from operations | |
| About 43.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Abingdon Health Achieves Strong AGM Support - TipRanks |
Additional Tools for Abingdon Stock Analysis
When running Abingdon Health's price analysis, check to measure Abingdon Health'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 Abingdon Health is operating at the current time. Most of Abingdon Health's value examination focuses on studying past and present price action to predict the probability of Abingdon Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abingdon Health's price. Additionally, you may evaluate how the addition of Abingdon Health to your portfolios can decrease your overall portfolio volatility.