Americann Stock Probability of Future Pink Sheet Price Finishing Over 57.43
ACAN Stock | USD 0.02 0 5.26% |
Americann |
Americann Target Price Odds to finish over 57.43
The tendency of Americann 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 move over $ 57.43 or more in 90 days |
0.02 | 90 days | 57.43 | close to zero percent |
Based on a normal probability distribution, the odds of Americann to move over $ 57.43 or more in 90 days from now is close to zero percent (This Americann probability density function shows the probability of Americann Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Americann price to stay between its current price of $ 0.02 and $ 57.43 at the end of the 90-day period is about 91.91 .
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 5.36 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Americann will likely underperform. Additionally Americann 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. Americann Price Density |
Price |
Predictive Modules for Americann
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Americann. 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.Americann Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Americann is not an exception. The market had few large corrections towards the Americann'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 Americann, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Americann within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | 5.36 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.02 |
Americann 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 Americann for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Americann can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Americann is way too risky over 90 days horizon | |
Americann has some characteristics of a very speculative penny stock | |
Americann appears to be risky and price may revert if volatility continues | |
The company reported the previous year's revenue of 2.93 M. Net Loss for the year was (173.24 K) with profit before overhead, payroll, taxes, and interest of 2.88 M. | |
About 44.0% of the company shares are held by company insiders |
Americann 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 Americann Pink Sheet often depends not only on the future outlook of the current and potential Americann'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. Americann's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 24.4 M | |
Short Long Term Debt | 150 K | |
Shares Float | 13.7 M |
Americann Technical Analysis
Americann's future price can be derived by breaking down and analyzing its technical indicators over time. Americann Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Americann. In general, you should focus on analyzing Americann Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Americann Predictive Forecast Models
Americann's time-series forecasting models is one of many Americann'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 Americann'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 Americann
Checking the ongoing alerts about Americann for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Americann help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Americann is way too risky over 90 days horizon | |
Americann has some characteristics of a very speculative penny stock | |
Americann appears to be risky and price may revert if volatility continues | |
The company reported the previous year's revenue of 2.93 M. Net Loss for the year was (173.24 K) with profit before overhead, payroll, taxes, and interest of 2.88 M. | |
About 44.0% of the company shares are held by company insiders |
Other Information on Investing in Americann Pink Sheet
Americann financial ratios help investors to determine whether Americann 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 Americann with respect to the benefits of owning Americann security.