AGBA Acquisition Probability of Future Stock Price Finishing Over 9.12
| AGBADelisted Stock | USD 5.60 0.68 13.82% |
AGBA |
AGBA Acquisition Target Price Odds to finish over 9.12
The tendency of AGBA 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 over $ 9.12 or more in 90 days |
| 5.60 | 90 days | 9.12 | about 29.74 |
Based on a normal probability distribution, the odds of AGBA Acquisition to move over $ 9.12 or more in 90 days from now is about 29.74 (This AGBA Acquisition probability density function shows the probability of AGBA Stock to fall within a particular range of prices over 90 days) . Probability of AGBA Acquisition price to stay between its current price of $ 5.60 and $ 9.12 at the end of the 90-day period is about 67.78 .
Given the investment horizon of 90 days AGBA Acquisition has a beta of 0.12. This suggests as returns on the market go up, AGBA Acquisition average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding AGBA Acquisition will be expected to be much smaller as well. Additionally AGBA Acquisition 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. AGBA Acquisition Price Density |
| Price |
Predictive Modules for AGBA Acquisition
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AGBA Acquisition. 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.AGBA Acquisition Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. AGBA Acquisition is not an exception. The market had few large corrections towards the AGBA Acquisition'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 AGBA Acquisition, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of AGBA Acquisition within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.54 | |
β | Beta against Dow Jones | 0.12 | |
σ | Overall volatility | 1.41 | |
Ir | Information ratio | -0.09 |
AGBA Acquisition 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 AGBA Acquisition for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for AGBA Acquisition can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| AGBA Acquisition is now traded under the symbol ILLR. Please update your portfolios or report it if you believe this is an error. Report It! | |
| AGBA Acquisition is not yet fully synchronised with the market data | |
| AGBA Acquisition generated a negative expected return over the last 90 days | |
| AGBA Acquisition has high historical volatility and very poor performance | |
| AGBA Acquisition has a very high chance of going through financial distress in the upcoming years | |
| AGBA Acquisition currently holds 18.68 M in liabilities with Debt to Equity (D/E) ratio of 0.56, which is about average as compared to similar companies. AGBA Acquisition has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about AGBA Acquisition's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 55.73 M. Net Loss for the year was (49.21 M) with profit before overhead, payroll, taxes, and interest of 7.6 M. | |
| AGBA Acquisition currently holds about 85.62 K in cash with (42.28 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
AGBA Acquisition 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 AGBA Stock often depends not only on the future outlook of the current and potential AGBA Acquisition'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. AGBA Acquisition's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 65.3 M | |
| Cash And Short Term Investments | 18.7 M |
AGBA Acquisition Technical Analysis
AGBA Acquisition's future price can be derived by breaking down and analyzing its technical indicators over time. AGBA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of AGBA Acquisition. In general, you should focus on analyzing AGBA Stock price patterns and their correlations with different microeconomic environments and drivers.
AGBA Acquisition Predictive Forecast Models
AGBA Acquisition's time-series forecasting models is one of many AGBA Acquisition'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 AGBA Acquisition'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 AGBA Acquisition
Checking the ongoing alerts about AGBA Acquisition for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for AGBA Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| AGBA Acquisition is now traded under the symbol ILLR. Please update your portfolios or report it if you believe this is an error. Report It! | |
| AGBA Acquisition is not yet fully synchronised with the market data | |
| AGBA Acquisition generated a negative expected return over the last 90 days | |
| AGBA Acquisition has high historical volatility and very poor performance | |
| AGBA Acquisition has a very high chance of going through financial distress in the upcoming years | |
| AGBA Acquisition currently holds 18.68 M in liabilities with Debt to Equity (D/E) ratio of 0.56, which is about average as compared to similar companies. AGBA Acquisition has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about AGBA Acquisition's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 55.73 M. Net Loss for the year was (49.21 M) with profit before overhead, payroll, taxes, and interest of 7.6 M. | |
| AGBA Acquisition currently holds about 85.62 K in cash with (42.28 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Other Consideration for investing in AGBA Stock
If you are still planning to invest in AGBA Acquisition 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 AGBA Acquisition's history and understand the potential risks before investing.
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