Boxlight Corp Class Stock Probability of Future Stock Price Finishing Over 1.89
| BOXL Stock | USD 0.43 0.02 4.44% |
Boxlight |
Boxlight Corp Target Price Odds to finish over 1.89
The tendency of Boxlight 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 $ 1.89 or more in 90 days |
| 0.43 | 90 days | 1.89 | close to zero percent |
Based on a normal probability distribution, the odds of Boxlight Corp to move over $ 1.89 or more in 90 days from now is close to zero percent (This Boxlight Corp Class probability density function shows the probability of Boxlight Stock to fall within a particular range of prices over 90 days) . Probability of Boxlight Corp Class price to stay between its current price of $ 0.43 and $ 1.89 at the end of the 90-day period is about 80.23 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.63 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Boxlight Corp will likely underperform. Additionally Boxlight Corp Class 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. Boxlight Corp Price Density |
| Price |
Predictive Modules for Boxlight Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Boxlight Corp Class. 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 Boxlight Corp's 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.
Boxlight Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Boxlight Corp is not an exception. The market had few large corrections towards the Boxlight Corp'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 Boxlight Corp Class, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Boxlight Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.21 | |
β | Beta against Dow Jones | 2.63 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.004 |
Boxlight Corp 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 Boxlight Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Boxlight Corp Class can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Boxlight Corp Class has some characteristics of a very speculative penny stock | |
| Boxlight Corp Class had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 176.72 M. Net Loss for the year was (39.16 M) with profit before overhead, payroll, taxes, and interest of 66.36 M. | |
| Boxlight Corp Class has a poor financial position based on the latest SEC disclosures | |
| Latest headline from insidermonkey.com: Boxlight Corporation Q3 2024 Earnings Call Transcript |
Boxlight Corp 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 Boxlight Stock often depends not only on the future outlook of the current and potential Boxlight Corp'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. Boxlight Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.5 M | |
| Cash And Short Term Investments | 17.3 M |
Boxlight Corp Technical Analysis
Boxlight Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Boxlight Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Boxlight Corp Class. In general, you should focus on analyzing Boxlight Stock price patterns and their correlations with different microeconomic environments and drivers.
Boxlight Corp Predictive Forecast Models
Boxlight Corp's time-series forecasting models is one of many Boxlight Corp'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 Boxlight Corp'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 Boxlight Corp Class
Checking the ongoing alerts about Boxlight Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Boxlight Corp Class help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Boxlight Corp Class has some characteristics of a very speculative penny stock | |
| Boxlight Corp Class had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 176.72 M. Net Loss for the year was (39.16 M) with profit before overhead, payroll, taxes, and interest of 66.36 M. | |
| Boxlight Corp Class has a poor financial position based on the latest SEC disclosures | |
| Latest headline from insidermonkey.com: Boxlight Corporation Q3 2024 Earnings Call Transcript |
Check out Boxlight Corp Backtesting, Boxlight Corp Valuation, Boxlight Corp Correlation, Boxlight Corp Hype Analysis, Boxlight Corp Volatility, Boxlight Corp History as well as Boxlight Corp Performance. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Technology Hardware, Storage & Peripherals 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 Boxlight Corp. If investors know Boxlight 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 Boxlight Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.376 | Earnings Share (3.18) | Revenue Per Share 17.002 | Quarterly Revenue Growth (0.18) | Return On Assets (0.01) |
The market value of Boxlight Corp Class is measured differently than its book value, which is the value of Boxlight that is recorded on the company's balance sheet. Investors also form their own opinion of Boxlight Corp's value that differs from its market value or its book value, called intrinsic value, which is Boxlight Corp's 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 Boxlight Corp's market value can be influenced by many factors that don't directly affect Boxlight Corp's 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 Boxlight Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boxlight Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boxlight Corp's 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.