Eat Beyond Global Stock Probability of Future Pink Sheet Price Finishing Over 0.037
| EATBF Stock | USD 0.04 0.03 40.62% |
Eat |
Eat Beyond Target Price Odds to finish over 0.037
The tendency of Eat 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 stay above $ 0.04 in 90 days |
| 0.04 | 90 days | 0.04 | about 64.34 |
Based on a normal probability distribution, the odds of Eat Beyond to stay above $ 0.04 in 90 days from now is about 64.34 (This Eat Beyond Global probability density function shows the probability of Eat Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Eat Beyond Global price to stay between $ 0.04 and its current price of $0.038 at the end of the 90-day period is under 4.
Assuming the 90 days horizon Eat Beyond Global has a beta of -2.24 suggesting as returns on its benchmark rise, returns on holding Eat Beyond Global are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Eat Beyond is expected to outperform its benchmark. In addition to that Eat Beyond Global has an alpha of 2.4723, implying that it can generate a 2.47 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Eat Beyond Price Density |
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Predictive Modules for Eat Beyond
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eat Beyond Global. 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.Eat Beyond Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Eat Beyond is not an exception. The market had few large corrections towards the Eat Beyond'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 Eat Beyond Global, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eat Beyond within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.47 | |
β | Beta against Dow Jones | -2.24 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.07 |
Eat Beyond 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 Eat Beyond for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eat Beyond Global can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Eat Beyond Global is way too risky over 90 days horizon | |
| Eat Beyond Global has some characteristics of a very speculative penny stock | |
| Eat Beyond Global appears to be risky and price may revert if volatility continues | |
| Eat Beyond Global has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (12.75 M) with loss before overhead, payroll, taxes, and interest of (9.28 M). | |
| Eat Beyond Global has accumulated about 3.35 M in cash with (1.39 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Eat Beyond Technical Analysis
Eat Beyond's future price can be derived by breaking down and analyzing its technical indicators over time. Eat Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eat Beyond Global. In general, you should focus on analyzing Eat Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Eat Beyond Predictive Forecast Models
Eat Beyond's time-series forecasting models is one of many Eat Beyond'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 Eat Beyond'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 Eat Beyond Global
Checking the ongoing alerts about Eat Beyond for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eat Beyond Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Eat Beyond Global is way too risky over 90 days horizon | |
| Eat Beyond Global has some characteristics of a very speculative penny stock | |
| Eat Beyond Global appears to be risky and price may revert if volatility continues | |
| Eat Beyond Global has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (12.75 M) with loss before overhead, payroll, taxes, and interest of (9.28 M). | |
| Eat Beyond Global has accumulated about 3.35 M in cash with (1.39 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Other Information on Investing in Eat Pink Sheet
Eat Beyond financial ratios help investors to determine whether Eat Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Eat with respect to the benefits of owning Eat Beyond security.