Spectral Med Stock Probability of Future Stock Price Finishing Under 0.01
| EDT Stock | CAD 0.53 0.03 6.00% |
Spectral |
Spectral Med Target Price Odds to finish below 0.01
The tendency of Spectral 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 drop to C$ 0.01 or more in 90 days |
| 0.53 | 90 days | 0.01 | near 1 |
Based on a normal probability distribution, the odds of Spectral Med to drop to C$ 0.01 or more in 90 days from now is near 1 (This Spectral Med probability density function shows the probability of Spectral Stock to fall within a particular range of prices over 90 days) . Probability of Spectral Med price to stay between C$ 0.01 and its current price of C$0.53 at the end of the 90-day period is about 5.32 .
Assuming the 90 days trading horizon Spectral Med has a beta of -0.6 suggesting as returns on the benchmark increase, returns on holding Spectral Med are expected to decrease at a much lower rate. During a bear market, however, Spectral Med is likely to outperform the market. Additionally Spectral Med 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. Spectral Med Price Density |
| Price |
Predictive Modules for Spectral Med
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Spectral Med. 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.Spectral Med Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Spectral Med is not an exception. The market had few large corrections towards the Spectral Med'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 Spectral Med, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Spectral Med within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.23 | |
β | Beta against Dow Jones | -0.6 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.12 |
Spectral Med 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 Spectral Med for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Spectral Med can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Spectral Med generated a negative expected return over the last 90 days | |
| Spectral Med has some characteristics of a very speculative penny stock | |
| Spectral Med has high historical volatility and very poor performance | |
| Spectral Med has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 1.6 M. Net Loss for the year was (15.51 M) with profit before overhead, payroll, taxes, and interest of 983 K. | |
| Spectral Med has accumulated about 3.8 M in cash with (11.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 18.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Spectral AIs Military Medical Device Advances with 7.2M Govt Funding, FDA Breakthrough Status MDAI Stock News - StockTitan |
Spectral Med 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 Spectral Stock often depends not only on the future outlook of the current and potential Spectral Med'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. Spectral Med's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 278.6 M | |
| Cash And Short Term Investments | 3 M |
Spectral Med Technical Analysis
Spectral Med's future price can be derived by breaking down and analyzing its technical indicators over time. Spectral Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Spectral Med. In general, you should focus on analyzing Spectral Stock price patterns and their correlations with different microeconomic environments and drivers.
Spectral Med Predictive Forecast Models
Spectral Med's time-series forecasting models is one of many Spectral Med'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 Spectral Med'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 Spectral Med
Checking the ongoing alerts about Spectral Med for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Spectral Med help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Spectral Med generated a negative expected return over the last 90 days | |
| Spectral Med has some characteristics of a very speculative penny stock | |
| Spectral Med has high historical volatility and very poor performance | |
| Spectral Med has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 1.6 M. Net Loss for the year was (15.51 M) with profit before overhead, payroll, taxes, and interest of 983 K. | |
| Spectral Med has accumulated about 3.8 M in cash with (11.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 18.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Spectral AIs Military Medical Device Advances with 7.2M Govt Funding, FDA Breakthrough Status MDAI Stock News - StockTitan |
Other Information on Investing in Spectral Stock
Spectral Med financial ratios help investors to determine whether Spectral Stock 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 Spectral with respect to the benefits of owning Spectral Med security.