Ayo Technology (South Africa) Probability of Future Stock Price Finishing Under 40.06
| AYO Stock | 40.00 8.00 16.67% |
Ayo |
Ayo Technology Target Price Odds to finish below 40.06
The tendency of Ayo 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 under 40.06 after 90 days |
| 40.00 | 90 days | 40.06 | roughly 2.04 |
Based on a normal probability distribution, the odds of Ayo Technology to stay under 40.06 after 90 days from now is roughly 2.04 (This Ayo Technology Solutions probability density function shows the probability of Ayo Stock to fall within a particular range of prices over 90 days) . Probability of Ayo Technology Solutions price to stay between its current price of 40.00 and 40.06 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Ayo Technology Solutions has a beta of -1.34. This suggests as returns on its benchmark rise, returns on holding Ayo Technology Solutions are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Ayo Technology is expected to outperform its benchmark. Additionally Ayo Technology Solutions has an alpha of 0.0386, implying that it can generate a 0.0386 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ayo Technology Price Density |
| Price |
Predictive Modules for Ayo Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ayo Technology Solutions. 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.Ayo Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ayo Technology is not an exception. The market had few large corrections towards the Ayo Technology'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 Ayo Technology Solutions, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ayo Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | -1.34 | |
σ | Overall volatility | 4.68 | |
Ir | Information ratio | -0.03 |
Ayo Technology 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 Ayo Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ayo Technology Solutions can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ayo Technology generated a negative expected return over the last 90 days | |
| Ayo Technology has high historical volatility and very poor performance | |
| Ayo Technology has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.76 B. Net Loss for the year was (233.16 M) with profit before overhead, payroll, taxes, and interest of 387.64 M. | |
| Ayo Technology generates negative cash flow from operations | |
| Over 78.0% of the company shares are held by institutions such as insurance companies |
Ayo Technology 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 Ayo Stock often depends not only on the future outlook of the current and potential Ayo Technology'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. Ayo Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 344.1 M | |
| Cash And Short Term Investments | 1.3 B |
Ayo Technology Technical Analysis
Ayo Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Ayo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ayo Technology Solutions. In general, you should focus on analyzing Ayo Stock price patterns and their correlations with different microeconomic environments and drivers.
Ayo Technology Predictive Forecast Models
Ayo Technology's time-series forecasting models is one of many Ayo Technology'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 Ayo Technology'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 Ayo Technology Solutions
Checking the ongoing alerts about Ayo Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ayo Technology Solutions help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ayo Technology generated a negative expected return over the last 90 days | |
| Ayo Technology has high historical volatility and very poor performance | |
| Ayo Technology has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.76 B. Net Loss for the year was (233.16 M) with profit before overhead, payroll, taxes, and interest of 387.64 M. | |
| Ayo Technology generates negative cash flow from operations | |
| Over 78.0% of the company shares are held by institutions such as insurance companies |
Other Information on Investing in Ayo Stock
Ayo Technology financial ratios help investors to determine whether Ayo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ayo with respect to the benefits of owning Ayo Technology security.