Dna Brands Stock Probability of Future Pink Sheet Price Finishing Under 8.6E-5
| DNAX Stock | USD 0.0001 0.00 0.00% |
DNA |
DNA Brands Target Price Odds to finish below 8.6E-5
The tendency of DNA 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 drop to $ 0.000086 or more in 90 days |
| 0.0001 | 90 days | 0.000086 | about 8.35 |
Based on a normal probability distribution, the odds of DNA Brands to drop to $ 0.000086 or more in 90 days from now is about 8.35 (This DNA Brands probability density function shows the probability of DNA Pink Sheet to fall within a particular range of prices over 90 days) . Probability of DNA Brands price to stay between $ 0.000086 and its current price of $1.0E-4 at the end of the 90-day period is about 5.19 .
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 3.71 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, DNA Brands will likely underperform. In addition to that DNA Brands has an alpha of 7.1181, implying that it can generate a 7.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). DNA Brands Price Density |
| Price |
Predictive Modules for DNA Brands
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DNA Brands. 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.DNA Brands Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DNA Brands is not an exception. The market had few large corrections towards the DNA Brands' 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 DNA Brands, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DNA Brands within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 7.12 | |
β | Beta against Dow Jones | 3.71 | |
σ | Overall volatility | 0.00005 | |
Ir | Information ratio | 0.17 |
DNA Brands 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 DNA Brands for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DNA Brands can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| DNA Brands is way too risky over 90 days horizon | |
| DNA Brands has some characteristics of a very speculative penny stock | |
| DNA Brands appears to be risky and price may revert if volatility continues | |
| DNA Brands currently holds 2 M in liabilities. DNA Brands has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist DNA Brands until it has trouble settling it off, either with new capital or with free cash flow. So, DNA Brands' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like DNA Brands sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for DNA to invest in growth at high rates of return. When we think about DNA Brands' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 249.01 K. Net Loss for the year was (1.25 M) with profit before overhead, payroll, taxes, and interest of 249.01 K. | |
| DNA Brands currently holds about 499 in cash with (1.1 M) of positive cash flow from operations. | |
| Latest headline from gurufocus.com: Vita Coco is Treating Fans This Holiday Season with 12 Days of Treats-mas Giveaway |
DNA Brands Technical Analysis
DNA Brands' future price can be derived by breaking down and analyzing its technical indicators over time. DNA Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DNA Brands. In general, you should focus on analyzing DNA Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
DNA Brands Predictive Forecast Models
DNA Brands' time-series forecasting models is one of many DNA Brands' 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 DNA Brands' 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 DNA Brands
Checking the ongoing alerts about DNA Brands for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DNA Brands help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| DNA Brands is way too risky over 90 days horizon | |
| DNA Brands has some characteristics of a very speculative penny stock | |
| DNA Brands appears to be risky and price may revert if volatility continues | |
| DNA Brands currently holds 2 M in liabilities. DNA Brands has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist DNA Brands until it has trouble settling it off, either with new capital or with free cash flow. So, DNA Brands' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like DNA Brands sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for DNA to invest in growth at high rates of return. When we think about DNA Brands' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 249.01 K. Net Loss for the year was (1.25 M) with profit before overhead, payroll, taxes, and interest of 249.01 K. | |
| DNA Brands currently holds about 499 in cash with (1.1 M) of positive cash flow from operations. | |
| Latest headline from gurufocus.com: Vita Coco is Treating Fans This Holiday Season with 12 Days of Treats-mas Giveaway |
Additional Tools for DNA Pink Sheet Analysis
When running DNA Brands' price analysis, check to measure DNA Brands' 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 DNA Brands is operating at the current time. Most of DNA Brands' value examination focuses on studying past and present price action to predict the probability of DNA Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DNA Brands' price. Additionally, you may evaluate how the addition of DNA Brands to your portfolios can decrease your overall portfolio volatility.