Akso Health Group Stock Probability of Future Stock Price Finishing Under 0.79
| AHG Stock | USD 0.78 0.02 2.50% |
Akso |
Akso Health Target Price Odds to finish below 0.79
The tendency of Akso 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 stay under $ 0.79 after 90 days |
| 0.78 | 90 days | 0.79 | nearly 4.18 |
Based on a normal probability distribution, the odds of Akso Health to stay under $ 0.79 after 90 days from now is nearly 4.18 (This Akso Health Group probability density function shows the probability of Akso Stock to fall within a particular range of prices over 90 days) . Probability of Akso Health Group price to stay between its current price of $ 0.78 and $ 0.79 at the end of the 90-day period is near 1 .
Considering the 90-day investment horizon Akso Health Group has a beta of -0.86. This suggests Additionally Akso Health Group has an alpha of 0.078, implying that it can generate a 0.078 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Akso Health Price Density |
| Price |
Predictive Modules for Akso Health
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Akso Health Group. 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.Akso Health Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Akso Health is not an exception. The market had few large corrections towards the Akso Health'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 Akso Health Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Akso Health within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | -0.86 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.02 |
Akso Health 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 Akso Health for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Akso Health Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Akso Health Group had very high historical volatility over the last 90 days | |
| Akso Health Group has some characteristics of a very speculative penny stock | |
| Akso Health Group has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the last year's revenue of 2.41 M. Reported Net Loss for the year was (9.12 M) with profit before taxes, overhead, and interest of 1.27 M. | |
| Akso Health Group has a poor financial position based on the latest SEC disclosures | |
| Latest headline from simplywall.st: Estimating The Intrinsic Value Of Akso Health Group |
Akso Health 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 Akso Stock often depends not only on the future outlook of the current and potential Akso Health'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. Akso Health's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 47.2 M | |
| Cash And Short Term Investments | 85.2 M | |
| Shares Float | 430.2 M |
Akso Health Technical Analysis
Akso Health's future price can be derived by breaking down and analyzing its technical indicators over time. Akso Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Akso Health Group. In general, you should focus on analyzing Akso Stock price patterns and their correlations with different microeconomic environments and drivers.
Akso Health Predictive Forecast Models
Akso Health's time-series forecasting models is one of many Akso Health'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 Akso Health'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 Akso Health Group
Checking the ongoing alerts about Akso Health for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Akso Health Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Akso Health Group had very high historical volatility over the last 90 days | |
| Akso Health Group has some characteristics of a very speculative penny stock | |
| Akso Health Group has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the last year's revenue of 2.41 M. Reported Net Loss for the year was (9.12 M) with profit before taxes, overhead, and interest of 1.27 M. | |
| Akso Health Group has a poor financial position based on the latest SEC disclosures | |
| Latest headline from simplywall.st: Estimating The Intrinsic Value Of Akso Health Group |
Check out Akso Health Backtesting, Akso Health Valuation, Akso Health Correlation, Akso Health Hype Analysis, Akso Health Volatility, Akso Health History as well as Akso Health Performance. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Health Care Equipment & Supplies 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 Akso Health. If investors know Akso 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 Akso Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.21) | Revenue Per Share 0.051 | Quarterly Revenue Growth 0.148 | Return On Assets (0.07) | Return On Equity (0.12) |
The market value of Akso Health Group is measured differently than its book value, which is the value of Akso that is recorded on the company's balance sheet. Investors also form their own opinion of Akso Health's value that differs from its market value or its book value, called intrinsic value, which is Akso Health'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 Akso Health's market value can be influenced by many factors that don't directly affect Akso Health'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 Akso Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Akso Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akso Health'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.