Freightos Limited Ordinary Stock Probability of Future Stock Price Finishing Under 2.37
| CRGO Stock | 2.10 0.27 11.39% |
Freightos |
Freightos Limited Target Price Odds to finish below 2.37
The tendency of Freightos 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 2.37 after 90 days |
| 2.10 | 90 days | 2.37 | close to 99 |
Based on a normal probability distribution, the odds of Freightos Limited to stay under 2.37 after 90 days from now is close to 99 (This Freightos Limited Ordinary probability density function shows the probability of Freightos Stock to fall within a particular range of prices over 90 days) . Probability of Freightos Limited price to stay between its current price of 2.10 and 2.37 at the end of the 90-day period is nearly 4.65 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.0 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, Freightos Limited will likely underperform. Additionally Freightos Limited Ordinary has an alpha of 0.3426, implying that it can generate a 0.34 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Freightos Limited Price Density |
| Price |
Predictive Modules for Freightos Limited
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Freightos Limited. 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.Freightos Limited Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Freightos Limited is not an exception. The market had few large corrections towards the Freightos Limited'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 Freightos Limited Ordinary, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Freightos Limited within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.34 | |
β | Beta against Dow Jones | 2.00 | |
σ | Overall volatility | 0.33 | |
Ir | Information ratio | 0.06 |
Freightos Limited 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 Freightos Limited for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Freightos Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Freightos Limited is way too risky over 90 days horizon | |
| Freightos Limited appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 20.28 M. Net Loss for the year was (65.47 M) with profit before overhead, payroll, taxes, and interest of 11.23 M. | |
| Freightos Limited generates negative cash flow from operations | |
| Freightos Limited has a poor financial position based on the latest SEC disclosures | |
| About 46.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Freightos Reports Third Quarter 2024 Results Revenue Up 21, Record Since Going Public |
Freightos Limited 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 Freightos Stock often depends not only on the future outlook of the current and potential Freightos Limited'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. Freightos Limited's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 44.9 M | |
| Cash And Short Term Investments | 51.7 M |
Freightos Limited Technical Analysis
Freightos Limited's future price can be derived by breaking down and analyzing its technical indicators over time. Freightos Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Freightos Limited Ordinary. In general, you should focus on analyzing Freightos Stock price patterns and their correlations with different microeconomic environments and drivers.
Freightos Limited Predictive Forecast Models
Freightos Limited's time-series forecasting models is one of many Freightos Limited'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 Freightos Limited'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 Freightos Limited
Checking the ongoing alerts about Freightos Limited for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Freightos Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Freightos Limited is way too risky over 90 days horizon | |
| Freightos Limited appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 20.28 M. Net Loss for the year was (65.47 M) with profit before overhead, payroll, taxes, and interest of 11.23 M. | |
| Freightos Limited generates negative cash flow from operations | |
| Freightos Limited has a poor financial position based on the latest SEC disclosures | |
| About 46.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Freightos Reports Third Quarter 2024 Results Revenue Up 21, Record Since Going Public |
Check out Freightos Limited Backtesting, Freightos Limited Valuation, Freightos Limited Correlation, Freightos Limited Hype Analysis, Freightos Limited Volatility, Freightos Limited History as well as Freightos Limited Performance. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Air Freight & Logistics 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 Freightos Limited. If investors know Freightos 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 Freightos Limited listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.35) | Revenue Per Share 0.445 | Quarterly Revenue Growth 0.111 | Return On Assets (0.17) | Return On Equity (0.29) |
The market value of Freightos Limited is measured differently than its book value, which is the value of Freightos that is recorded on the company's balance sheet. Investors also form their own opinion of Freightos Limited's value that differs from its market value or its book value, called intrinsic value, which is Freightos Limited'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 Freightos Limited's market value can be influenced by many factors that don't directly affect Freightos Limited'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 Freightos Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freightos Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freightos Limited'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.