Evio Inc Stock Chance of Future Pink Sheet Price Finishing Under 6.3E-5
| EVIO Stock | USD 0.0001 0.00 0.00% |
EVIO |
EVIO Target Price Odds to finish below 6.3E-5
The tendency of EVIO 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 $ 0.000063 or more in 90 days |
| 0.0001 | 90 days | 0.000063 | about 43.03 |
Based on a normal probability distribution, the odds of EVIO to drop to $ 0.000063 or more in 90 days from now is about 43.03 (This EVIO Inc probability density function shows the probability of EVIO Pink Sheet to fall within a particular range of prices over 90 days) . Probability of EVIO Inc price to stay between $ 0.000063 and its current price of $1.0E-4 at the end of the 90-day period is about 30.48 .
Given the investment horizon of 90 days EVIO has the beta coefficient that is very close to zero suggesting the returns on DOW JONES INDUSTRIAL and EVIO do not appear to be highly reactive. Additionally It does not look like EVIO's alpha can have any bearing on the current valuation. EVIO Price Density |
| Price |
Predictive Modules for EVIO
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as EVIO Inc. 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.EVIO Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. EVIO is not an exception. The market had few large corrections towards the EVIO'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 EVIO Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of EVIO within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 0.000046 | |
Ir | Information ratio | 0.00 |
EVIO 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 EVIO for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for EVIO Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| EVIO Inc is way too risky over 90 days horizon | |
| EVIO Inc has some characteristics of a very speculative penny stock | |
| EVIO Inc appears to be risky and price may revert if volatility continues | |
| EVIO is showing solid risk-adjusted performance over 90 days | |
| EVIO Inc has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| EVIO Inc currently holds 13.24 M in liabilities with Debt to Equity (D/E) ratio of 431.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. EVIO Inc has a current ratio of 0.04, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist EVIO until it has trouble settling it off, either with new capital or with free cash flow. So, EVIO's 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 EVIO Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for EVIO to invest in growth at high rates of return. When we think about EVIO's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 2.36 M. Net Loss for the year was (965 K) with profit before overhead, payroll, taxes, and interest of 1.21 M. |
EVIO 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 EVIO Pink Sheet often depends not only on the future outlook of the current and potential EVIO'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. EVIO's indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Float | 10.1 B |
EVIO Technical Analysis
EVIO's future price can be derived by breaking down and analyzing its technical indicators over time. EVIO Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of EVIO Inc. In general, you should focus on analyzing EVIO Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
EVIO Predictive Forecast Models
EVIO's time-series forecasting models is one of many EVIO'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 EVIO'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 EVIO Inc
Checking the ongoing alerts about EVIO for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for EVIO Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| EVIO Inc is way too risky over 90 days horizon | |
| EVIO Inc has some characteristics of a very speculative penny stock | |
| EVIO Inc appears to be risky and price may revert if volatility continues | |
| EVIO is showing solid risk-adjusted performance over 90 days | |
| EVIO Inc has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| EVIO Inc currently holds 13.24 M in liabilities with Debt to Equity (D/E) ratio of 431.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. EVIO Inc has a current ratio of 0.04, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist EVIO until it has trouble settling it off, either with new capital or with free cash flow. So, EVIO's 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 EVIO Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for EVIO to invest in growth at high rates of return. When we think about EVIO's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 2.36 M. Net Loss for the year was (965 K) with profit before overhead, payroll, taxes, and interest of 1.21 M. |
Other Information on Investing in EVIO Pink Sheet
EVIO financial ratios help investors to determine whether EVIO 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 EVIO with respect to the benefits of owning EVIO security.