Digiasia Corp Stock Probability of Future Stock Price Finishing Over 0.15
| FAASW Stock | 0.07 0.0003 0.40% |
DigiAsia |
DigiAsia Corp Target Price Odds to finish over 0.15
The tendency of DigiAsia 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 move over 0.15 or more in 90 days |
| 0.07 | 90 days | 0.15 | about 15.87 |
Based on a normal probability distribution, the odds of DigiAsia Corp to move over 0.15 or more in 90 days from now is about 15.87 (This DigiAsia Corp probability density function shows the probability of DigiAsia Stock to fall within a particular range of prices over 90 days) . Probability of DigiAsia Corp price to stay between its current price of 0.07 and 0.15 at the end of the 90-day period is about 65.05 .
Assuming the 90 days horizon the stock has the beta coefficient of 3.9 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, DigiAsia Corp will likely underperform. Moreover DigiAsia Corp has an alpha of 1.2199, implying that it can generate a 1.22 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). DigiAsia Corp Price Density |
| Price |
Predictive Modules for DigiAsia Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DigiAsia Corp. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DigiAsia Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
DigiAsia Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DigiAsia Corp is not an exception. The market had few large corrections towards the DigiAsia Corp'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 DigiAsia Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DigiAsia Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.22 | |
β | Beta against Dow Jones | 3.90 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.06 |
DigiAsia Corp 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 DigiAsia Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DigiAsia Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| DigiAsia Corp is way too risky over 90 days horizon | |
| DigiAsia Corp has some characteristics of a very speculative penny stock | |
| DigiAsia Corp appears to be risky and price may revert if volatility continues | |
| DigiAsia Corp has high likelihood to experience some financial distress in the next 2 years | |
| DigiAsia Corp was previously known as StoneBridge Acquisition and was traded on NASDAQ Exchange under the symbol APACW. | |
| Net Loss for the year was (63.56 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| DigiAsia Corp generates negative cash flow from operations | |
| DigiAsia Corp has a frail financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: FAAS stock touches 52-week low at 0.5 amid market challenges - Investing.com |
DigiAsia Corp 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 DigiAsia Stock often depends not only on the future outlook of the current and potential DigiAsia Corp'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. DigiAsia Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.7 M | |
| Cash And Short Term Investments | 104.9 K |
DigiAsia Corp Technical Analysis
DigiAsia Corp's future price can be derived by breaking down and analyzing its technical indicators over time. DigiAsia Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DigiAsia Corp. In general, you should focus on analyzing DigiAsia Stock price patterns and their correlations with different microeconomic environments and drivers.
DigiAsia Corp Predictive Forecast Models
DigiAsia Corp's time-series forecasting models is one of many DigiAsia Corp'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 DigiAsia Corp'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 DigiAsia Corp
Checking the ongoing alerts about DigiAsia Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DigiAsia Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| DigiAsia Corp is way too risky over 90 days horizon | |
| DigiAsia Corp has some characteristics of a very speculative penny stock | |
| DigiAsia Corp appears to be risky and price may revert if volatility continues | |
| DigiAsia Corp has high likelihood to experience some financial distress in the next 2 years | |
| DigiAsia Corp was previously known as StoneBridge Acquisition and was traded on NASDAQ Exchange under the symbol APACW. | |
| Net Loss for the year was (63.56 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| DigiAsia Corp generates negative cash flow from operations | |
| DigiAsia Corp has a frail financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: FAAS stock touches 52-week low at 0.5 amid market challenges - Investing.com |
Additional Tools for DigiAsia Stock Analysis
When running DigiAsia Corp's price analysis, check to measure DigiAsia Corp's 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 DigiAsia Corp is operating at the current time. Most of DigiAsia Corp's value examination focuses on studying past and present price action to predict the probability of DigiAsia Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DigiAsia Corp's price. Additionally, you may evaluate how the addition of DigiAsia Corp to your portfolios can decrease your overall portfolio volatility.