Arax Holdings Corp Stock Probability of Future Pink Sheet Price Finishing Under 0.67
| ARAT Stock | USD 0.54 0.01 1.82% |
Arax |
Arax Holdings Target Price Odds to finish below 0.67
The tendency of Arax Pink Sheet 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 $ 0.67 after 90 days |
| 0.54 | 90 days | 0.67 | about 36.12 |
Based on a normal probability distribution, the odds of Arax Holdings to stay under $ 0.67 after 90 days from now is about 36.12 (This Arax Holdings Corp probability density function shows the probability of Arax Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Arax Holdings Corp price to stay between its current price of $ 0.54 and $ 0.67 at the end of the 90-day period is about 23.02 .
Given the investment horizon of 90 days Arax Holdings has a beta of 0.46. This suggests as returns on the market go up, Arax Holdings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Arax Holdings Corp will be expected to be much smaller as well. Additionally Arax Holdings Corp 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. Arax Holdings Price Density |
| Price |
Predictive Modules for Arax Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Arax Holdings Corp. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Arax Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Arax Holdings is not an exception. The market had few large corrections towards the Arax Holdings' 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 Arax Holdings Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Arax Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.33 | |
β | Beta against Dow Jones | 0.46 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | -0.04 |
Arax Holdings 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 Arax Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Arax Holdings Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Arax Holdings Corp generated a negative expected return over the last 90 days | |
| Arax Holdings Corp has high historical volatility and very poor performance | |
| Arax Holdings Corp has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (148.61 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| About 77.0% of the company shares are held by company insiders |
Arax Holdings 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 Arax Pink Sheet often depends not only on the future outlook of the current and potential Arax Holdings' 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. Arax Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.3 M | |
| Shares Float | 2.3 M |
Arax Holdings Technical Analysis
Arax Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Arax Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Arax Holdings Corp. In general, you should focus on analyzing Arax Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Arax Holdings Predictive Forecast Models
Arax Holdings' time-series forecasting models is one of many Arax Holdings' pink sheet 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 Arax Holdings' 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Arax Holdings Corp
Checking the ongoing alerts about Arax Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Arax Holdings Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Arax Holdings Corp generated a negative expected return over the last 90 days | |
| Arax Holdings Corp has high historical volatility and very poor performance | |
| Arax Holdings Corp has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (148.61 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| About 77.0% of the company shares are held by company insiders |
Additional Tools for Arax Pink Sheet Analysis
When running Arax Holdings' price analysis, check to measure Arax Holdings' 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 Arax Holdings is operating at the current time. Most of Arax Holdings' value examination focuses on studying past and present price action to predict the probability of Arax Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arax Holdings' price. Additionally, you may evaluate how the addition of Arax Holdings to your portfolios can decrease your overall portfolio volatility.