Aspira Womens Health Stock Probability of Future Stock Price Finishing Over 0.74
| AWH Stock | USD 0.81 0.05 6.58% |
Aspira |
Aspira Womens Target Price Odds to finish over 0.74
The tendency of Aspira 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 above $ 0.74 in 90 days |
| 0.81 | 90 days | 0.74 | about 91.9 |
Based on a normal probability distribution, the odds of Aspira Womens to stay above $ 0.74 in 90 days from now is about 91.9 (This Aspira Womens Health probability density function shows the probability of Aspira Stock to fall within a particular range of prices over 90 days) . Probability of Aspira Womens Health price to stay between $ 0.74 and its current price of $0.81 at the end of the 90-day period is about 19.9 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.07 . This suggests Aspira Womens Health market returns are responsive to returns on the market. As the market goes up or down, Aspira Womens is expected to follow. Additionally Aspira Womens Health 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. Aspira Womens Price Density |
| Price |
Predictive Modules for Aspira Womens
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aspira Womens Health. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aspira Womens' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Aspira Womens Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Aspira Womens is not an exception. The market had few large corrections towards the Aspira Womens' 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 Aspira Womens Health, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Aspira Womens within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.39 | |
β | Beta against Dow Jones | 1.07 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.08 |
Aspira Womens 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 Aspira Womens for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Aspira Womens Health can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Aspira Womens Health generated a negative expected return over the last 90 days | |
| Aspira Womens Health has some characteristics of a very speculative penny stock | |
| Aspira Womens Health has high historical volatility and very poor performance | |
| The company reported the last year's revenue of 9.15 M. Reported Net Loss for the year was (16.69 M) with profit before taxes, overhead, and interest of 4.32 M. | |
| Aspira Womens Health has about 20.48 M in cash with (15.89 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.18. | |
| Aspira Womens Health has a poor financial position based on the latest SEC disclosures | |
| Roughly 31.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: Aspira Womens Health Inc Q3 2024 Earnings Call Highlights Strategic Wins Amidst Market ... |
Aspira Womens 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 Aspira Stock often depends not only on the future outlook of the current and potential Aspira Womens' 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. Aspira Womens' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.2 M | |
| Cash And Short Term Investments | 2.6 M |
Aspira Womens Technical Analysis
Aspira Womens' future price can be derived by breaking down and analyzing its technical indicators over time. Aspira Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Aspira Womens Health. In general, you should focus on analyzing Aspira Stock price patterns and their correlations with different microeconomic environments and drivers.
Aspira Womens Predictive Forecast Models
Aspira Womens' time-series forecasting models is one of many Aspira Womens' 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 Aspira Womens' 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 Aspira Womens Health
Checking the ongoing alerts about Aspira Womens for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Aspira Womens Health help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Aspira Womens Health generated a negative expected return over the last 90 days | |
| Aspira Womens Health has some characteristics of a very speculative penny stock | |
| Aspira Womens Health has high historical volatility and very poor performance | |
| The company reported the last year's revenue of 9.15 M. Reported Net Loss for the year was (16.69 M) with profit before taxes, overhead, and interest of 4.32 M. | |
| Aspira Womens Health has about 20.48 M in cash with (15.89 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.18. | |
| Aspira Womens Health has a poor financial position based on the latest SEC disclosures | |
| Roughly 31.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: Aspira Womens Health Inc Q3 2024 Earnings Call Highlights Strategic Wins Amidst Market ... |
Check out Aspira Womens Backtesting, Aspira Womens Valuation, Aspira Womens Correlation, Aspira Womens Hype Analysis, Aspira Womens Volatility, Aspira Womens History as well as Aspira Womens Performance. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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 Aspira Womens. If investors know Aspira 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 Aspira Womens listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.15) | Revenue Per Share 0.801 | Quarterly Revenue Growth (0.03) | Return On Assets (1.86) | Return On Equity (7.23) |
The market value of Aspira Womens Health is measured differently than its book value, which is the value of Aspira that is recorded on the company's balance sheet. Investors also form their own opinion of Aspira Womens' value that differs from its market value or its book value, called intrinsic value, which is Aspira Womens' 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 Aspira Womens' market value can be influenced by many factors that don't directly affect Aspira Womens' 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 Aspira Womens' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aspira Womens is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aspira Womens' 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.