Ayurcann Holdings Corp Stock Probability of Future OTC Stock Price Finishing Under 0.037
| AYURF Stock | USD 0.02 0.03 57.69% |
Ayurcann |
Ayurcann Holdings Target Price Odds to finish below 0.037
The tendency of Ayurcann OTC 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 $ 0.04 after 90 days |
| 0.02 | 90 days | 0.04 | about 36.14 |
Based on a normal probability distribution, the odds of Ayurcann Holdings to stay under $ 0.04 after 90 days from now is about 36.14 (This Ayurcann Holdings Corp probability density function shows the probability of Ayurcann OTC Stock to fall within a particular range of prices over 90 days) . Probability of Ayurcann Holdings Corp price to stay between its current price of $ 0.02 and $ 0.04 at the end of the 90-day period is about 34.49 .
Assuming the 90 days horizon the otc stock has the beta coefficient of 1.03 . This suggests Ayurcann Holdings Corp market returns are reactive to returns on the market. As the market goes up or down, Ayurcann Holdings is expected to follow. Additionally Ayurcann 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. Ayurcann Holdings Price Density |
| Price |
Predictive Modules for Ayurcann 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 Ayurcann Holdings Corp. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Ayurcann Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ayurcann Holdings is not an exception. The market had few large corrections towards the Ayurcann 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 Ayurcann Holdings Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ayurcann Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 1.03 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.0029 |
Ayurcann 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 Ayurcann Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ayurcann 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.| Ayurcann Holdings had very high historical volatility over the last 90 days | |
| Ayurcann Holdings has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 11.08 M. Net Loss for the year was (3.09 M) with profit before overhead, payroll, taxes, and interest of 2.22 M. | |
| Ayurcann Holdings Corp has accumulated about 1.24 M in cash with (50.09 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 73.0% of the company shares are held by company insiders |
Ayurcann 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 Ayurcann OTC Stock often depends not only on the future outlook of the current and potential Ayurcann 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. Ayurcann Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 120.9 M |
Ayurcann Holdings Technical Analysis
Ayurcann Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Ayurcann OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ayurcann Holdings Corp. In general, you should focus on analyzing Ayurcann OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Ayurcann Holdings Predictive Forecast Models
Ayurcann Holdings' time-series forecasting models is one of many Ayurcann Holdings' otc 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 Ayurcann 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 otc stock market movement and maximize returns from investment trading.
Things to note about Ayurcann Holdings Corp
Checking the ongoing alerts about Ayurcann Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ayurcann Holdings Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ayurcann Holdings had very high historical volatility over the last 90 days | |
| Ayurcann Holdings has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 11.08 M. Net Loss for the year was (3.09 M) with profit before overhead, payroll, taxes, and interest of 2.22 M. | |
| Ayurcann Holdings Corp has accumulated about 1.24 M in cash with (50.09 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 73.0% of the company shares are held by company insiders |
Other Information on Investing in Ayurcann OTC Stock
Ayurcann Holdings financial ratios help investors to determine whether Ayurcann OTC 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 Ayurcann with respect to the benefits of owning Ayurcann Holdings security.