1606 Corp Stock Probability of Future Pink Sheet Price Finishing Over 0.0133
| CBDW Stock | 0.01 0 9.09% |
1606 |
1606 Corp Target Price Odds to finish over 0.0133
The tendency of 1606 Pink Sheet 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 0.01 or more in 90 days |
| 0.01 | 90 days | 0.01 | about 83.39 |
Based on a normal probability distribution, the odds of 1606 Corp to move over 0.01 or more in 90 days from now is about 83.39 (This 1606 Corp probability density function shows the probability of 1606 Pink Sheet to fall within a particular range of prices over 90 days) . Probability of 1606 Corp price to stay between its current price of 0.01 and 0.01 at the end of the 90-day period is nearly 4.05 .
Given the investment horizon of 90 days 1606 Corp has a beta of -3.84 suggesting as returns on its benchmark rise, returns on holding 1606 Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, 1606 Corp is expected to outperform its benchmark. Moreover 1606 Corp has an alpha of 1.2036, implying that it can generate a 1.2 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). 1606 Corp Price Density |
| Price |
Predictive Modules for 1606 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 1606 Corp. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 1606 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.
1606 Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. 1606 Corp is not an exception. The market had few large corrections towards the 1606 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 1606 Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of 1606 Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.20 | |
β | Beta against Dow Jones | -3.84 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.04 |
1606 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 1606 Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for 1606 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.| 1606 Corp is way too risky over 90 days horizon | |
| 1606 Corp has some characteristics of a very speculative penny stock | |
| 1606 Corp appears to be risky and price may revert if volatility continues | |
| 1606 Corp has high likelihood to experience some financial distress in the next 2 years |
1606 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 1606 Pink Sheet often depends not only on the future outlook of the current and potential 1606 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. 1606 Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Float | 36.2 M |
1606 Corp Technical Analysis
1606 Corp's future price can be derived by breaking down and analyzing its technical indicators over time. 1606 Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of 1606 Corp. In general, you should focus on analyzing 1606 Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
1606 Corp Predictive Forecast Models
1606 Corp's time-series forecasting models is one of many 1606 Corp's pink sheet 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 1606 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 pink sheet market movement and maximize returns from investment trading.
Things to note about 1606 Corp
Checking the ongoing alerts about 1606 Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for 1606 Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| 1606 Corp is way too risky over 90 days horizon | |
| 1606 Corp has some characteristics of a very speculative penny stock | |
| 1606 Corp appears to be risky and price may revert if volatility continues | |
| 1606 Corp has high likelihood to experience some financial distress in the next 2 years |
Additional Tools for 1606 Pink Sheet Analysis
When running 1606 Corp's price analysis, check to measure 1606 Corp'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 1606 Corp is operating at the current time. Most of 1606 Corp's value examination focuses on studying past and present price action to predict the probability of 1606 Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 1606 Corp's price. Additionally, you may evaluate how the addition of 1606 Corp to your portfolios can decrease your overall portfolio volatility.