Adynxx Inc Chance of Future Pink Sheet Price Finishing Under 1.0E-4
| ADYXDelisted Stock | USD 0.0001 0.00 0.00% |
Adynxx |
Adynxx Target Price Odds to finish below 1.0E-4
The tendency of Adynxx 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 below current price in 90 days |
| 0.0001 | 90 days | 0.0001 | about 42.42 |
Based on a normal probability distribution, the odds of Adynxx to move below current price in 90 days from now is about 42.42 (This Adynxx Inc probability density function shows the probability of Adynxx Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 4.25 . 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, Adynxx will likely underperform. Moreover Adynxx Inc has an alpha of 1.7869, implying that it can generate a 1.79 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Adynxx Price Density |
| Price |
Predictive Modules for Adynxx
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Adynxx Inc. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Adynxx'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.
Adynxx Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Adynxx is not an exception. The market had few large corrections towards the Adynxx'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 Adynxx Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Adynxx within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.79 | |
β | Beta against Dow Jones | 4.25 | |
σ | Overall volatility | 0.000037 | |
Ir | Information ratio | 0.08 |
Adynxx 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 Adynxx for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Adynxx Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Adynxx Inc is not yet fully synchronised with the market data | |
| Adynxx Inc has some characteristics of a very speculative penny stock | |
| Adynxx Inc has a very high chance of going through financial distress in the upcoming years | |
| Adynxx Inc currently holds 10.09 M in liabilities. Adynxx Inc has a current ratio of 0.18, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Adynxx until it has trouble settling it off, either with new capital or with free cash flow. So, Adynxx's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Adynxx Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Adynxx to invest in growth at high rates of return. When we think about Adynxx's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 2.22 M. Net Loss for the year was (5.99 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Adynxx Inc currently holds about 331 K in cash with (6.02 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from aol.com: Permanently incapacitated Wendy Williams couldnt consent to Lifetime doc, guardian says |
Adynxx 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 Adynxx Pink Sheet often depends not only on the future outlook of the current and potential Adynxx'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. Adynxx's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 834.2 K |
Adynxx Technical Analysis
Adynxx's future price can be derived by breaking down and analyzing its technical indicators over time. Adynxx Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Adynxx Inc. In general, you should focus on analyzing Adynxx Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Adynxx Predictive Forecast Models
Adynxx's time-series forecasting models is one of many Adynxx'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 Adynxx'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 Adynxx Inc
Checking the ongoing alerts about Adynxx for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Adynxx Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Adynxx Inc is not yet fully synchronised with the market data | |
| Adynxx Inc has some characteristics of a very speculative penny stock | |
| Adynxx Inc has a very high chance of going through financial distress in the upcoming years | |
| Adynxx Inc currently holds 10.09 M in liabilities. Adynxx Inc has a current ratio of 0.18, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Adynxx until it has trouble settling it off, either with new capital or with free cash flow. So, Adynxx's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Adynxx Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Adynxx to invest in growth at high rates of return. When we think about Adynxx's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 2.22 M. Net Loss for the year was (5.99 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Adynxx Inc currently holds about 331 K in cash with (6.02 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from aol.com: Permanently incapacitated Wendy Williams couldnt consent to Lifetime doc, guardian says |
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 manufacturing. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Other Consideration for investing in Adynxx Pink Sheet
If you are still planning to invest in Adynxx Inc 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 Adynxx's history and understand the potential risks before investing.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |