Crown Electrokinetics Corp Stock Probability of Future Stock Price Finishing Under 0.90
| CRKN Stock | USD 0.31 0.11 26.19% |
Crown |
Crown Electrokinetics Target Price Odds to finish below 0.90
The tendency of Crown 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 $ 0.90 after 90 days |
| 0.31 | 90 days | 0.90 | about 15.0 |
Based on a normal probability distribution, the odds of Crown Electrokinetics to stay under $ 0.90 after 90 days from now is about 15.0 (This Crown Electrokinetics Corp probability density function shows the probability of Crown Stock to fall within a particular range of prices over 90 days) . Probability of Crown Electrokinetics price to stay between its current price of $ 0.31 and $ 0.90 at the end of the 90-day period is about 14.93 .
Given the investment horizon of 90 days Crown Electrokinetics Corp has a beta of -0.39 suggesting as returns on the benchmark increase, returns on holding Crown Electrokinetics are expected to decrease at a much lower rate. During a bear market, however, Crown Electrokinetics Corp is likely to outperform the market. Additionally Crown Electrokinetics 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. Crown Electrokinetics Price Density |
| Price |
Predictive Modules for Crown Electrokinetics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Crown Electrokinetics. 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.Crown Electrokinetics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Crown Electrokinetics is not an exception. The market had few large corrections towards the Crown Electrokinetics' 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 Crown Electrokinetics Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Crown Electrokinetics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -2.02 | |
β | Beta against Dow Jones | -0.39 | |
σ | Overall volatility | 0.29 | |
Ir | Information ratio | -0.3 |
Crown Electrokinetics 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 Crown Electrokinetics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Crown Electrokinetics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Crown Electrokinetics generated a negative expected return over the last 90 days | |
| Crown Electrokinetics has high historical volatility and very poor performance | |
| Crown Electrokinetics has some characteristics of a very speculative penny stock | |
| Crown Electrokinetics has a very high chance of going through financial distress in the upcoming years | |
| Crown Electrokinetics Corp currently holds 429 K in liabilities with Debt to Equity (D/E) ratio of 0.8, which is about average as compared to similar companies. Crown Electrokinetics has a current ratio of 0.68, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Crown Electrokinetics' use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 153 K. Net Loss for the year was (28.98 M) with loss before overhead, payroll, taxes, and interest of (520 K). | |
| Crown Electrokinetics Corp currently holds about 984 K in cash with (16.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| Latest headline from gurufocus.com: Crown ElectroKinetics Corp Q3 2024 Earnings Call Highlights Record Revenue and ... |
Crown Electrokinetics 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 Crown Stock often depends not only on the future outlook of the current and potential Crown Electrokinetics' 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. Crown Electrokinetics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 171.6 K |
Crown Electrokinetics Technical Analysis
Crown Electrokinetics' future price can be derived by breaking down and analyzing its technical indicators over time. Crown Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Crown Electrokinetics Corp. In general, you should focus on analyzing Crown Stock price patterns and their correlations with different microeconomic environments and drivers.
Crown Electrokinetics Predictive Forecast Models
Crown Electrokinetics' time-series forecasting models is one of many Crown Electrokinetics' 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 Crown Electrokinetics' 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 Crown Electrokinetics
Checking the ongoing alerts about Crown Electrokinetics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Crown Electrokinetics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Crown Electrokinetics generated a negative expected return over the last 90 days | |
| Crown Electrokinetics has high historical volatility and very poor performance | |
| Crown Electrokinetics has some characteristics of a very speculative penny stock | |
| Crown Electrokinetics has a very high chance of going through financial distress in the upcoming years | |
| Crown Electrokinetics Corp currently holds 429 K in liabilities with Debt to Equity (D/E) ratio of 0.8, which is about average as compared to similar companies. Crown Electrokinetics has a current ratio of 0.68, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Crown Electrokinetics' use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 153 K. Net Loss for the year was (28.98 M) with loss before overhead, payroll, taxes, and interest of (520 K). | |
| Crown Electrokinetics Corp currently holds about 984 K in cash with (16.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| Latest headline from gurufocus.com: Crown ElectroKinetics Corp Q3 2024 Earnings Call Highlights Record Revenue and ... |
Check out Crown Electrokinetics Backtesting, Crown Electrokinetics Valuation, Crown Electrokinetics Correlation, Crown Electrokinetics Hype Analysis, Crown Electrokinetics Volatility, Crown Electrokinetics History as well as Crown Electrokinetics Performance. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Diversified Metals & Mining 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 Crown Electrokinetics. If investors know Crown 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 Crown Electrokinetics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 715.74 | Revenue Per Share 10.23 | Quarterly Revenue Growth 124.622 | Return On Assets (0.81) | Return On Equity (3.27) |
The market value of Crown Electrokinetics is measured differently than its book value, which is the value of Crown that is recorded on the company's balance sheet. Investors also form their own opinion of Crown Electrokinetics' value that differs from its market value or its book value, called intrinsic value, which is Crown Electrokinetics' 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 Crown Electrokinetics' market value can be influenced by many factors that don't directly affect Crown Electrokinetics' 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 Crown Electrokinetics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Crown Electrokinetics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crown Electrokinetics' 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.