Agora Inc Stock Chance of Future Stock Price Finishing Under 0.20
| API Stock | USD 4.76 0.27 6.01% |
Agora |
Agora Target Price Odds to finish below 0.20
The tendency of Agora 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 $ 0.20 or more in 90 days |
| 4.76 | 90 days | 0.20 | near 1 |
Based on a normal probability distribution, the odds of Agora to drop to $ 0.20 or more in 90 days from now is near 1 (This Agora Inc probability density function shows the probability of Agora Stock to fall within a particular range of prices over 90 days) . Probability of Agora Inc price to stay between $ 0.20 and its current price of $4.76 at the end of the 90-day period is roughly 96.0 .
Considering the 90-day investment horizon Agora has a beta of 0.91. This suggests Agora Inc market returns are responsive to returns on the market. As the market goes up or down, Agora is expected to follow. Moreover Agora Inc has an alpha of 1.6383, implying that it can generate a 1.64 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Agora Price Density |
| Price |
Predictive Modules for Agora
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Agora Inc. 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.Agora Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Agora is not an exception. The market had few large corrections towards the Agora'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 Agora Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Agora within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.64 | |
β | Beta against Dow Jones | 0.91 | |
σ | Overall volatility | 0.99 | |
Ir | Information ratio | 0.13 |
Agora 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 Agora for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Agora Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Agora Inc is way too risky over 90 days horizon | |
| Agora Inc appears to be risky and price may revert if volatility continues | |
| The company reported the last year's revenue of 141.54 M. Reported Net Loss for the year was (87.22 M) with profit before taxes, overhead, and interest of 99.42 M. | |
| Agora Inc has about 641.16 M in cash with (13.61 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.74, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Agora Inc has a poor financial position based on the latest SEC disclosures | |
| Latest headline from businesswire.com: Active Pharmaceutical Ingredients Global Market Overview 2024-2030 Demand for Affordable Medications and Personalized Medicine Solutions to Bolster the 345 Billion Industry - ResearchAndMarkets.com |
Agora 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 Agora Stock often depends not only on the future outlook of the current and potential Agora'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. Agora's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 99.6 M | |
| Cash And Short Term Investments | 216.7 M |
Agora Technical Analysis
Agora's future price can be derived by breaking down and analyzing its technical indicators over time. Agora Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Agora Inc. In general, you should focus on analyzing Agora Stock price patterns and their correlations with different microeconomic environments and drivers.
Agora Predictive Forecast Models
Agora's time-series forecasting models is one of many Agora'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 Agora'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 Agora Inc
Checking the ongoing alerts about Agora for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Agora Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Agora Inc is way too risky over 90 days horizon | |
| Agora Inc appears to be risky and price may revert if volatility continues | |
| The company reported the last year's revenue of 141.54 M. Reported Net Loss for the year was (87.22 M) with profit before taxes, overhead, and interest of 99.42 M. | |
| Agora Inc has about 641.16 M in cash with (13.61 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.74, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Agora Inc has a poor financial position based on the latest SEC disclosures | |
| Latest headline from businesswire.com: Active Pharmaceutical Ingredients Global Market Overview 2024-2030 Demand for Affordable Medications and Personalized Medicine Solutions to Bolster the 345 Billion Industry - ResearchAndMarkets.com |
Check out Agora Backtesting, Agora Valuation, Agora Correlation, Agora Hype Analysis, Agora Volatility, Agora History as well as Agora Performance. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Application Software 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 Agora. If investors know Agora 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 Agora listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.48) | Revenue Per Share 1.463 | Quarterly Revenue Growth 0.005 | Return On Assets (0.04) | Return On Equity (0.07) |
The market value of Agora Inc is measured differently than its book value, which is the value of Agora that is recorded on the company's balance sheet. Investors also form their own opinion of Agora's value that differs from its market value or its book value, called intrinsic value, which is Agora'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 Agora's market value can be influenced by many factors that don't directly affect Agora'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 Agora's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agora is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agora'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.