Forafric Global Plc Stock Probability of Future Stock Price Finishing Under 5.59
| AFRI Stock | USD 10.16 0.19 1.84% |
Forafric |
Forafric Global Target Price Odds to finish below 5.59
The tendency of Forafric 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 drop to $ 5.59 or more in 90 days |
| 10.16 | 90 days | 5.59 | near 1 |
Based on a normal probability distribution, the odds of Forafric Global to drop to $ 5.59 or more in 90 days from now is near 1 (This Forafric Global PLC probability density function shows the probability of Forafric Stock to fall within a particular range of prices over 90 days) . Probability of Forafric Global PLC price to stay between $ 5.59 and its current price of $10.16 at the end of the 90-day period is about 6.66 .
Given the investment horizon of 90 days Forafric Global has a beta of 0.87. This suggests Forafric Global PLC market returns are responsive to returns on the market. As the market goes up or down, Forafric Global is expected to follow. Additionally Forafric Global 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. Forafric Global Price Density |
| Price |
Predictive Modules for Forafric 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 Forafric Global 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.Forafric Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Forafric Global is not an exception. The market had few large corrections towards the Forafric 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 Forafric Global PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Forafric Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | 0.87 | |
σ | Overall volatility | 0.42 | |
Ir | Information ratio | -0.14 |
Forafric 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 Forafric Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Forafric Global 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.| Forafric Global PLC generated a negative expected return over the last 90 days | |
| Forafric Global PLC has high likelihood to experience some financial distress in the next 2 years | |
| Forafric Global PLC currently holds 198.77 M in liabilities with Debt to Equity (D/E) ratio of 4.55, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Forafric Global PLC has a current ratio of 0.59, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Forafric Global's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 305.48 M. Net Loss for the year was (12.68 M) with profit before overhead, payroll, taxes, and interest of 42.37 M. | |
| About 82.0% of Forafric Global shares are held by company insiders | |
| Latest headline from news.google.com: When Moves Investors should Listen - Stock Traders Daily |
Forafric 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 Forafric Stock often depends not only on the future outlook of the current and potential Forafric 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. Forafric Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 26.9 M | |
| Cash And Short Term Investments | 24 M |
Forafric Global Technical Analysis
Forafric Global's future price can be derived by breaking down and analyzing its technical indicators over time. Forafric Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Forafric Global PLC. In general, you should focus on analyzing Forafric Stock price patterns and their correlations with different microeconomic environments and drivers.
Forafric Global Predictive Forecast Models
Forafric Global's time-series forecasting models is one of many Forafric 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 Forafric 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 Forafric Global PLC
Checking the ongoing alerts about Forafric Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Forafric Global PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Forafric Global PLC generated a negative expected return over the last 90 days | |
| Forafric Global PLC has high likelihood to experience some financial distress in the next 2 years | |
| Forafric Global PLC currently holds 198.77 M in liabilities with Debt to Equity (D/E) ratio of 4.55, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Forafric Global PLC has a current ratio of 0.59, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Forafric Global's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 305.48 M. Net Loss for the year was (12.68 M) with profit before overhead, payroll, taxes, and interest of 42.37 M. | |
| About 82.0% of Forafric Global shares are held by company insiders | |
| Latest headline from news.google.com: When Moves Investors should Listen - Stock Traders Daily |
Check out Forafric Global Backtesting, Forafric Global Valuation, Forafric Global Correlation, Forafric Global Hype Analysis, Forafric Global Volatility, Forafric Global History as well as Forafric Global Performance. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forafric Global. If investors know Forafric will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forafric Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.47) | Revenue Per Share 11.365 | Quarterly Revenue Growth 0.186 | Return On Assets 0.0023 | Return On Equity (0.34) |
The market value of Forafric Global PLC is measured differently than its book value, which is the value of Forafric that is recorded on the company's balance sheet. Investors also form their own opinion of Forafric Global's value that differs from its market value or its book value, called intrinsic value, which is Forafric Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forafric Global's market value can be influenced by many factors that don't directly affect Forafric Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forafric Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forafric Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forafric Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.