Fundamental Global Stock Probability of Future Stock Price Finishing Under 22.46
| FGF Stock | USD 31.02 1.32 4.44% |
Fundamental |
Fundamental Global Target Price Odds to finish below 22.46
The tendency of Fundamental 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 $ 22.46 or more in 90 days |
| 31.02 | 90 days | 22.46 | about 29.19 |
Based on a normal probability distribution, the odds of Fundamental Global to drop to $ 22.46 or more in 90 days from now is about 29.19 (This Fundamental Global probability density function shows the probability of Fundamental Stock to fall within a particular range of prices over 90 days) . Probability of Fundamental Global price to stay between $ 22.46 and its current price of $31.02 at the end of the 90-day period is about 66.43 .
Considering the 90-day investment horizon Fundamental Global has a beta of 0.0408. This usually indicates as returns on the market go up, Fundamental Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Fundamental Global will be expected to be much smaller as well. Additionally Fundamental Global has an alpha of 0.5861, implying that it can generate a 0.59 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Fundamental Global Price Density |
| Price |
Predictive Modules for Fundamental Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fundamental Global. 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.Fundamental Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fundamental Global is not an exception. The market had few large corrections towards the Fundamental Global'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 Fundamental Global, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fundamental Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.59 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 3.78 | |
Ir | Information ratio | 0.06 |
Fundamental Global 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 Fundamental Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fundamental 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.| Fundamental Global is way too risky over 90 days horizon | |
| Fundamental Global appears to be risky and price may revert if volatility continues | |
| Fundamental Global has high likelihood to experience some financial distress in the next 2 years | |
| Fundamental Global has about 12.83 M in cash with (4.21 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.37. | |
| Roughly 13.0% of the company shares are held by company insiders | |
| Latest headline from MacroaxisInsider: Acquisition by Fundamental Global Gp, Llc of 2712 shares of Fundamental Global at 18.5 subject to Rule 16b-3 |
Fundamental Global 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 Fundamental Stock often depends not only on the future outlook of the current and potential Fundamental Global'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. Fundamental Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 399.7 K | |
| Cash And Short Term Investments | 2.4 M |
Fundamental Global Technical Analysis
Fundamental Global's future price can be derived by breaking down and analyzing its technical indicators over time. Fundamental Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fundamental Global. In general, you should focus on analyzing Fundamental Stock price patterns and their correlations with different microeconomic environments and drivers.
Fundamental Global Predictive Forecast Models
Fundamental Global's time-series forecasting models is one of many Fundamental Global'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 Fundamental Global'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 Fundamental Global
Checking the ongoing alerts about Fundamental Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fundamental Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Fundamental Global is way too risky over 90 days horizon | |
| Fundamental Global appears to be risky and price may revert if volatility continues | |
| Fundamental Global has high likelihood to experience some financial distress in the next 2 years | |
| Fundamental Global has about 12.83 M in cash with (4.21 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.37. | |
| Roughly 13.0% of the company shares are held by company insiders | |
| Latest headline from MacroaxisInsider: Acquisition by Fundamental Global Gp, Llc of 2712 shares of Fundamental Global at 18.5 subject to Rule 16b-3 |
Other Information on Investing in Fundamental Stock
Fundamental Global financial ratios help investors to determine whether Fundamental 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 Fundamental with respect to the benefits of owning Fundamental Global security.