ANGLE Plc (UK) Probability of Future Stock Price Finishing Under 4.85
| AGL Stock | 10.00 1.25 11.11% |
ANGLE |
ANGLE Plc Target Price Odds to finish below 4.85
The tendency of ANGLE 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 4.85 or more in 90 days |
| 10.00 | 90 days | 4.85 | near 1 |
Based on a normal probability distribution, the odds of ANGLE Plc to drop to 4.85 or more in 90 days from now is near 1 (This ANGLE plc probability density function shows the probability of ANGLE Stock to fall within a particular range of prices over 90 days) . Probability of ANGLE plc price to stay between 4.85 and its current price of 10.0 at the end of the 90-day period is about 66.6 .
Assuming the 90 days trading horizon ANGLE plc has a beta of -0.23. This suggests as returns on the benchmark increase, returns on holding ANGLE Plc are expected to decrease at a much lower rate. During a bear market, however, ANGLE plc is likely to outperform the market. Additionally ANGLE 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. ANGLE Plc Price Density |
| Price |
Predictive Modules for ANGLE Plc
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ANGLE 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.ANGLE Plc Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ANGLE Plc is not an exception. The market had few large corrections towards the ANGLE Plc'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 ANGLE plc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ANGLE Plc within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.23 | |
σ | Overall volatility | 1.48 | |
Ir | Information ratio | -0.03 |
ANGLE Plc 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 ANGLE Plc for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ANGLE 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.| ANGLE plc generated a negative expected return over the last 90 days | |
| ANGLE plc has high historical volatility and very poor performance | |
| ANGLE plc has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 2.19 M. Net Loss for the year was (20.13 M) with loss before overhead, payroll, taxes, and interest of (163 K). | |
| ANGLE Plc generates negative cash flow from operations | |
| About 16.0% of the company shares are held by company insiders |
ANGLE Plc 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 ANGLE Stock often depends not only on the future outlook of the current and potential ANGLE Plc'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. ANGLE Plc's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 260.9 M | |
| Cash And Short Term Investments | 16.2 M |
ANGLE Plc Technical Analysis
ANGLE Plc's future price can be derived by breaking down and analyzing its technical indicators over time. ANGLE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ANGLE plc. In general, you should focus on analyzing ANGLE Stock price patterns and their correlations with different microeconomic environments and drivers.
ANGLE Plc Predictive Forecast Models
ANGLE Plc's time-series forecasting models is one of many ANGLE Plc'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 ANGLE Plc'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 ANGLE plc
Checking the ongoing alerts about ANGLE Plc for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ANGLE plc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ANGLE plc generated a negative expected return over the last 90 days | |
| ANGLE plc has high historical volatility and very poor performance | |
| ANGLE plc has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 2.19 M. Net Loss for the year was (20.13 M) with loss before overhead, payroll, taxes, and interest of (163 K). | |
| ANGLE Plc generates negative cash flow from operations | |
| About 16.0% of the company shares are held by company insiders |
Other Information on Investing in ANGLE Stock
ANGLE Plc financial ratios help investors to determine whether ANGLE Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ANGLE with respect to the benefits of owning ANGLE Plc security.