A2z Smart Technologies Stock Probability of Future Stock Price Finishing Over 29.89
| AZ Stock | USD 6.92 0.23 3.44% |
A2Z |
A2Z Smart Target Price Odds to finish over 29.89
The tendency of A2Z 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 over $ 29.89 or more in 90 days |
| 6.92 | 90 days | 29.89 | close to zero percent |
Based on a normal probability distribution, the odds of A2Z Smart to move over $ 29.89 or more in 90 days from now is close to zero percent (This A2Z Smart Technologies probability density function shows the probability of A2Z Stock to fall within a particular range of prices over 90 days) . Probability of A2Z Smart Technologies price to stay between its current price of $ 6.92 and $ 29.89 at the end of the 90-day period is about 5.54 .
Allowing for the 90-day total investment horizon the stock has the beta coefficient of 1.43 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, A2Z Smart will likely underperform. In addition to that A2Z Smart Technologies has an alpha of 2.3237, implying that it can generate a 2.32 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). A2Z Smart Price Density |
| Price |
Predictive Modules for A2Z Smart
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as A2Z Smart Technologies. 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.A2Z Smart Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. A2Z Smart is not an exception. The market had few large corrections towards the A2Z Smart'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 A2Z Smart Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of A2Z Smart within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.32 | |
β | Beta against Dow Jones | 1.43 | |
σ | Overall volatility | 2.00 | |
Ir | Information ratio | 0.31 |
A2Z Smart 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 A2Z Smart for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for A2Z Smart Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| A2Z Smart is way too risky over 90 days horizon | |
| A2Z Smart appears to be risky and price may revert if volatility continues | |
| The company generated the yearly revenue of 11.38 M. Annual Net Loss to common stockholders was (18.06 M) with gross profit of 1.4 M. | |
| A2Z Smart Technologies reports about 1.66 M in cash with (11.39 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| A2Z Smart has a frail financial position based on the latest SEC disclosures | |
| Roughly 26.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: COMMUNITY MEDICAL SERVICES OPENS A MOBILE MEDICATION UNIT TWO CLINICS IN TIME FOR THE HOLIDAYS |
A2Z Smart 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 A2Z Stock often depends not only on the future outlook of the current and potential A2Z Smart'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. A2Z Smart's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.9 M | |
| Cash And Short Term Investments | 2.3 M |
A2Z Smart Technical Analysis
A2Z Smart's future price can be derived by breaking down and analyzing its technical indicators over time. A2Z Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of A2Z Smart Technologies. In general, you should focus on analyzing A2Z Stock price patterns and their correlations with different microeconomic environments and drivers.
A2Z Smart Predictive Forecast Models
A2Z Smart's time-series forecasting models is one of many A2Z Smart'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 A2Z Smart'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 A2Z Smart Technologies
Checking the ongoing alerts about A2Z Smart for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for A2Z Smart Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| A2Z Smart is way too risky over 90 days horizon | |
| A2Z Smart appears to be risky and price may revert if volatility continues | |
| The company generated the yearly revenue of 11.38 M. Annual Net Loss to common stockholders was (18.06 M) with gross profit of 1.4 M. | |
| A2Z Smart Technologies reports about 1.66 M in cash with (11.39 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| A2Z Smart has a frail financial position based on the latest SEC disclosures | |
| Roughly 26.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: COMMUNITY MEDICAL SERVICES OPENS A MOBILE MEDICATION UNIT TWO CLINICS IN TIME FOR THE HOLIDAYS |
Additional Tools for A2Z Stock Analysis
When running A2Z Smart's price analysis, check to measure A2Z Smart's 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 A2Z Smart is operating at the current time. Most of A2Z Smart's value examination focuses on studying past and present price action to predict the probability of A2Z Smart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move A2Z Smart's price. Additionally, you may evaluate how the addition of A2Z Smart to your portfolios can decrease your overall portfolio volatility.