Allied Gaming Entertainment Stock Probability of Future Stock Price Finishing Over 1.03
| AGAE Stock | 1.03 0.02 1.98% |
Allied |
Allied Gaming Target Price Odds to finish over 1.03
The tendency of Allied 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 |
| 1.03 | 90 days | 1.03 | about 98.0 |
Based on a normal probability distribution, the odds of Allied Gaming to move above the current price in 90 days from now is about 98.0 (This Allied Gaming Entertainment probability density function shows the probability of Allied Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Allied Gaming has a beta of 0.13. This suggests as returns on the market go up, Allied Gaming average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Allied Gaming Entertainment will be expected to be much smaller as well. Additionally Allied Gaming Entertainment 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. Allied Gaming Price Density |
| Price |
Predictive Modules for Allied Gaming
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Allied Gaming Entert. 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.Allied Gaming Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Allied Gaming is not an exception. The market had few large corrections towards the Allied Gaming'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 Allied Gaming Entertainment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Allied Gaming within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.21 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.08 |
Allied Gaming 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 Allied Gaming for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Allied Gaming Entert can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Allied Gaming Entert generated a negative expected return over the last 90 days | |
| Allied Gaming Entert has some characteristics of a very speculative penny stock | |
| Allied Gaming Entert has high historical volatility and very poor performance | |
| Allied Gaming Entert has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 7.66 M. Net Loss for the year was (3.6 M) with profit before overhead, payroll, taxes, and interest of 1.25 M. | |
| Allied Gaming generates negative cash flow from operations | |
| Allied Gaming Entert has a frail financial position based on the latest SEC disclosures | |
| About 71.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Allied Gaming Entertainment issues statement regarding derivative lawsuit - MSN |
Allied Gaming 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 Allied Stock often depends not only on the future outlook of the current and potential Allied Gaming'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. Allied Gaming's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 37.2 M | |
| Cash And Short Term Investments | 72.8 M |
Allied Gaming Technical Analysis
Allied Gaming's future price can be derived by breaking down and analyzing its technical indicators over time. Allied Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Allied Gaming Entertainment. In general, you should focus on analyzing Allied Stock price patterns and their correlations with different microeconomic environments and drivers.
Allied Gaming Predictive Forecast Models
Allied Gaming's time-series forecasting models is one of many Allied Gaming'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 Allied Gaming'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 Allied Gaming Entert
Checking the ongoing alerts about Allied Gaming for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Allied Gaming Entert help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Allied Gaming Entert generated a negative expected return over the last 90 days | |
| Allied Gaming Entert has some characteristics of a very speculative penny stock | |
| Allied Gaming Entert has high historical volatility and very poor performance | |
| Allied Gaming Entert has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 7.66 M. Net Loss for the year was (3.6 M) with profit before overhead, payroll, taxes, and interest of 1.25 M. | |
| Allied Gaming generates negative cash flow from operations | |
| Allied Gaming Entert has a frail financial position based on the latest SEC disclosures | |
| About 71.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Allied Gaming Entertainment issues statement regarding derivative lawsuit - MSN |
Check out Allied Gaming Backtesting, Allied Gaming Valuation, Allied Gaming Correlation, Allied Gaming Hype Analysis, Allied Gaming Volatility, Allied Gaming History as well as Allied Gaming Performance. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Hotels, Restaurants & Leisure 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 Allied Gaming. If investors know Allied 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 Allied Gaming listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.27) | Revenue Per Share 0.211 | Quarterly Revenue Growth (0.19) | Return On Assets (0.06) | Return On Equity (0.08) |
The market value of Allied Gaming Entert is measured differently than its book value, which is the value of Allied that is recorded on the company's balance sheet. Investors also form their own opinion of Allied Gaming's value that differs from its market value or its book value, called intrinsic value, which is Allied Gaming'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 Allied Gaming's market value can be influenced by many factors that don't directly affect Allied Gaming'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 Allied Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allied Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allied Gaming'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.