Ace Global Business Probability of Future Stock Price Finishing Over 11.34
| ACBADelisted Stock | USD 11.34 0.00 0.00% |
Ace |
Ace Global Target Price Odds to finish over 11.34
The tendency of Ace 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 |
| 11.34 | 90 days | 11.34 | roughly 2.81 |
Based on a normal probability distribution, the odds of Ace Global to move above the current price in 90 days from now is roughly 2.81 (This Ace Global Business probability density function shows the probability of Ace Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Ace Global has a beta of 0.0554. This suggests as returns on the market go up, Ace Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ace Global Business will be expected to be much smaller as well. Additionally Ace Global Business has an alpha of 0.0442, implying that it can generate a 0.0442 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ace Global Price Density |
| Price |
Predictive Modules for Ace Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ace Global Business. 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.Ace Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ace Global is not an exception. The market had few large corrections towards the Ace Global'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 Ace Global Business, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ace Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.19 |
Ace Global 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 Ace Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ace Global Business can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ace Global Business is not yet fully synchronised with the market data | |
| Ace Global Business has a very high chance of going through financial distress in the upcoming years | |
| Ace Global Business currently holds 2.71 M in liabilities with Debt to Equity (D/E) ratio of 0.07, which may suggest the company is not taking enough advantage from borrowing. Ace Global Business has a current ratio of 0.08, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Ace Global's use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (227.22 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Ace Global Business currently holds about 82.13 K in cash with (1.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 47.0% of Ace Global shares are held by company insiders |
Ace Global 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 Ace Stock often depends not only on the future outlook of the current and potential Ace Global'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. Ace Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.7 M | |
| Cash And Short Term Investments | 68.5 K |
Ace Global Technical Analysis
Ace Global's future price can be derived by breaking down and analyzing its technical indicators over time. Ace Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ace Global Business. In general, you should focus on analyzing Ace Stock price patterns and their correlations with different microeconomic environments and drivers.
Ace Global Predictive Forecast Models
Ace Global's time-series forecasting models is one of many Ace Global'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 Ace Global'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 Ace Global Business
Checking the ongoing alerts about Ace Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ace Global Business help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ace Global Business is not yet fully synchronised with the market data | |
| Ace Global Business has a very high chance of going through financial distress in the upcoming years | |
| Ace Global Business currently holds 2.71 M in liabilities with Debt to Equity (D/E) ratio of 0.07, which may suggest the company is not taking enough advantage from borrowing. Ace Global Business has a current ratio of 0.08, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Ace Global's use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (227.22 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Ace Global Business currently holds about 82.13 K in cash with (1.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 47.0% of Ace Global shares are held by company insiders |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Other Consideration for investing in Ace Stock
If you are still planning to invest in Ace Global Business check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ace Global's history and understand the potential risks before investing.
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