Currentc Power Stock Probability of Future Pink Sheet Price Finishing Over 0.18
| AECX Stock | 0.23 0.11 91.67% |
CurrentC |
CurrentC Power Target Price Odds to finish over 0.18
The tendency of CurrentC 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 stay above 0.18 in 90 days |
| 0.23 | 90 days | 0.18 | about 24.96 |
Based on a normal probability distribution, the odds of CurrentC Power to stay above 0.18 in 90 days from now is about 24.96 (This CurrentC Power probability density function shows the probability of CurrentC Pink Sheet to fall within a particular range of prices over 90 days) . Probability of CurrentC Power price to stay between 0.18 and its current price of 0.23 at the end of the 90-day period is about 21.38 .
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 2.85 . 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, CurrentC Power will likely underperform. In addition to that CurrentC Power has an alpha of 3.2379, implying that it can generate a 3.24 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). CurrentC Power Price Density |
| Price |
Predictive Modules for CurrentC Power
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CurrentC Power. 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 CurrentC Power'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.
CurrentC Power Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CurrentC Power is not an exception. The market had few large corrections towards the CurrentC Power'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 CurrentC Power, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CurrentC Power within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 3.24 | |
β | Beta against Dow Jones | 2.85 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.14 |
CurrentC Power 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 CurrentC Power for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CurrentC Power can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CurrentC Power is way too risky over 90 days horizon | |
| CurrentC Power has some characteristics of a very speculative penny stock | |
| CurrentC Power appears to be risky and price may revert if volatility continues | |
| CurrentC Power has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 74.78 K. Net Loss for the year was (629.18 K) with loss before overhead, payroll, taxes, and interest of (20.02 K). | |
| CurrentC Power generates negative cash flow from operations |
CurrentC Power Technical Analysis
CurrentC Power's future price can be derived by breaking down and analyzing its technical indicators over time. CurrentC Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CurrentC Power. In general, you should focus on analyzing CurrentC Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
CurrentC Power Predictive Forecast Models
CurrentC Power's time-series forecasting models is one of many CurrentC Power'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 CurrentC Power'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 CurrentC Power
Checking the ongoing alerts about CurrentC Power for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CurrentC Power help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CurrentC Power is way too risky over 90 days horizon | |
| CurrentC Power has some characteristics of a very speculative penny stock | |
| CurrentC Power appears to be risky and price may revert if volatility continues | |
| CurrentC Power has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 74.78 K. Net Loss for the year was (629.18 K) with loss before overhead, payroll, taxes, and interest of (20.02 K). | |
| CurrentC Power generates negative cash flow from operations |
Additional Tools for CurrentC Pink Sheet Analysis
When running CurrentC Power's price analysis, check to measure CurrentC Power'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 CurrentC Power is operating at the current time. Most of CurrentC Power's value examination focuses on studying past and present price action to predict the probability of CurrentC Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CurrentC Power's price. Additionally, you may evaluate how the addition of CurrentC Power to your portfolios can decrease your overall portfolio volatility.