Abri SPAC I Probability of Future Stock Price Finishing Under 10.70
| ASPADelisted Stock | USD 10.70 0.00 0.00% |
Abri |
Abri SPAC Target Price Odds to finish below 10.70
The tendency of Abri 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 move below current price in 90 days |
| 10.70 | 90 days | 10.70 | about 76.81 |
Based on a normal probability distribution, the odds of Abri SPAC to move below current price in 90 days from now is about 76.81 (This Abri SPAC I probability density function shows the probability of Abri Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Abri SPAC I has a beta of -0.0286. This suggests as returns on the benchmark increase, returns on holding Abri SPAC are expected to decrease at a much lower rate. During a bear market, however, Abri SPAC I is likely to outperform the market. Additionally Abri SPAC I has an alpha of 0.0152, implying that it can generate a 0.0152 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Abri SPAC Price Density |
| Price |
Predictive Modules for Abri SPAC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Abri SPAC I. 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.Abri SPAC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Abri SPAC is not an exception. The market had few large corrections towards the Abri SPAC'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 Abri SPAC I, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Abri SPAC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.71 |
Abri SPAC 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 Abri SPAC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Abri SPAC I can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Abri SPAC I is not yet fully synchronised with the market data | |
| Abri SPAC I has a very high chance of going through financial distress in the upcoming years | |
| Abri SPAC I currently holds 2.4 M in liabilities with Debt to Equity (D/E) ratio of 0.42, which is about average as compared to similar companies. Abri SPAC I has a current ratio of 0.55, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Abri SPAC's use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (2.5 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Abri SPAC I currently holds about 156.75 K in cash with (716.96 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 58.0% of Abri SPAC shares are held by company insiders |
Abri SPAC 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 Abri Stock often depends not only on the future outlook of the current and potential Abri SPAC'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. Abri SPAC's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.5 M | |
| Cash And Short Term Investments | 381.3 K |
Abri SPAC Technical Analysis
Abri SPAC's future price can be derived by breaking down and analyzing its technical indicators over time. Abri Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Abri SPAC I. In general, you should focus on analyzing Abri Stock price patterns and their correlations with different microeconomic environments and drivers.
Abri SPAC Predictive Forecast Models
Abri SPAC's time-series forecasting models is one of many Abri SPAC'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 Abri SPAC'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 Abri SPAC I
Checking the ongoing alerts about Abri SPAC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Abri SPAC I help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Abri SPAC I is not yet fully synchronised with the market data | |
| Abri SPAC I has a very high chance of going through financial distress in the upcoming years | |
| Abri SPAC I currently holds 2.4 M in liabilities with Debt to Equity (D/E) ratio of 0.42, which is about average as compared to similar companies. Abri SPAC I has a current ratio of 0.55, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Abri SPAC's use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (2.5 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Abri SPAC I currently holds about 156.75 K in cash with (716.96 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 58.0% of Abri SPAC shares are held by company insiders |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Other Consideration for investing in Abri Stock
If you are still planning to invest in Abri SPAC I check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Abri SPAC's history and understand the potential risks before investing.
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