Allot Communications Stock Probability of Future Stock Price Finishing Under 0.73
| ALLT Stock | USD 4.39 0.54 14.03% |
Allot |
Allot Communications Target Price Odds to finish below 0.73
The tendency of Allot 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 $ 0.73 or more in 90 days |
| 4.39 | 90 days | 0.73 | near 1 |
Based on a normal probability distribution, the odds of Allot Communications to drop to $ 0.73 or more in 90 days from now is near 1 (This Allot Communications probability density function shows the probability of Allot Stock to fall within a particular range of prices over 90 days) . Probability of Allot Communications price to stay between $ 0.73 and its current price of $4.39 at the end of the 90-day period is close to 99 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.45 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Allot Communications will likely underperform. Additionally Allot Communications has an alpha of 0.3276, implying that it can generate a 0.33 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Allot Communications Price Density |
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Predictive Modules for Allot Communications
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Allot Communications. 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.Allot Communications Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Allot Communications is not an exception. The market had few large corrections towards the Allot Communications' 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 Allot Communications, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Allot Communications within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.33 | |
β | Beta against Dow Jones | 1.45 | |
σ | Overall volatility | 0.34 | |
Ir | Information ratio | 0.10 |
Allot Communications 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 Allot Communications for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Allot Communications can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Allot Communications had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 93.15 M. Net Loss for the year was (62.8 M) with profit before overhead, payroll, taxes, and interest of 82.91 M. | |
| Allot Communications currently holds about 106.68 M in cash with (29.74 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.9. | |
| Roughly 57.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from insidermonkey.com: Allot Ltd. Q3 2024 Earnings Call Transcript |
Allot Communications 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 Allot Stock often depends not only on the future outlook of the current and potential Allot Communications' 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. Allot Communications' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 37.9 M | |
| Cash And Short Term Investments | 53 M |
Allot Communications Technical Analysis
Allot Communications' future price can be derived by breaking down and analyzing its technical indicators over time. Allot Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Allot Communications. In general, you should focus on analyzing Allot Stock price patterns and their correlations with different microeconomic environments and drivers.
Allot Communications Predictive Forecast Models
Allot Communications' time-series forecasting models is one of many Allot Communications' 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 Allot Communications' 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 Allot Communications
Checking the ongoing alerts about Allot Communications for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Allot Communications help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Allot Communications had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 93.15 M. Net Loss for the year was (62.8 M) with profit before overhead, payroll, taxes, and interest of 82.91 M. | |
| Allot Communications currently holds about 106.68 M in cash with (29.74 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.9. | |
| Roughly 57.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from insidermonkey.com: Allot Ltd. Q3 2024 Earnings Call Transcript |
Additional Tools for Allot Stock Analysis
When running Allot Communications' price analysis, check to measure Allot Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Allot Communications is operating at the current time. Most of Allot Communications' value examination focuses on studying past and present price action to predict the probability of Allot Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allot Communications' price. Additionally, you may evaluate how the addition of Allot Communications to your portfolios can decrease your overall portfolio volatility.