4 Less Group Stock Chance of Future Pink Sheet Price Finishing Over 2.46E-4
| FLES Stock | USD 0.0002 0.0001 100.00% |
FLES |
4 Less Target Price Odds to finish over 2.46E-4
The tendency of FLES 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 move over $ 0.0002 or more in 90 days |
| 0.0002 | 90 days | 0.0002 | about 76.17 |
Based on a normal probability distribution, the odds of 4 Less to move over $ 0.0002 or more in 90 days from now is about 76.17 (This 4 Less Group probability density function shows the probability of FLES Pink Sheet to fall within a particular range of prices over 90 days) . Probability of 4 Less Group price to stay between its current price of $ 0.0002 and $ 0.0002 at the end of the 90-day period is about 10.3 .
Given the investment horizon of 90 days 4 Less Group has a beta of -1.47. This usually indicates as returns on its benchmark rise, returns on holding 4 Less Group are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, 4 Less is expected to outperform its benchmark. Additionally 4 Less Group 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. 4 Less Price Density |
| Price |
Predictive Modules for 4 Less
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 4 Less Group. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of 4 Less' 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.
4 Less Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. 4 Less is not an exception. The market had few large corrections towards the 4 Less' 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 4 Less Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of 4 Less within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | -1.47 | |
σ | Overall volatility | 0.0001 | |
Ir | Information ratio | -0.03 |
4 Less 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 4 Less for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for 4 Less Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| 4 Less Group generated a negative expected return over the last 90 days | |
| 4 Less Group has high historical volatility and very poor performance | |
| 4 Less Group has some characteristics of a very speculative penny stock | |
| 4 Less Group has a very high chance of going through financial distress in the upcoming years | |
| 4 Less Group currently holds 115.9 K in liabilities. 4 Less Group has a current ratio of 0.05, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist 4 Less until it has trouble settling it off, either with new capital or with free cash flow. So, 4 Less' 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 4 Less Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for FLES to invest in growth at high rates of return. When we think about 4 Less' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 11.02 M. Net Loss for the year was (8.07 M) with profit before overhead, payroll, taxes, and interest of 1.55 M. | |
| 4 Less Group currently holds about 145.47 K in cash with (6.34 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 41.0% of the company shares are held by company insiders |
4 Less 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 FLES Pink Sheet often depends not only on the future outlook of the current and potential 4 Less' 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. 4 Less' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 341 K |
4 Less Technical Analysis
4 Less' future price can be derived by breaking down and analyzing its technical indicators over time. FLES Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of 4 Less Group. In general, you should focus on analyzing FLES Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
4 Less Predictive Forecast Models
4 Less' time-series forecasting models is one of many 4 Less' 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 4 Less' 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 4 Less Group
Checking the ongoing alerts about 4 Less for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for 4 Less Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| 4 Less Group generated a negative expected return over the last 90 days | |
| 4 Less Group has high historical volatility and very poor performance | |
| 4 Less Group has some characteristics of a very speculative penny stock | |
| 4 Less Group has a very high chance of going through financial distress in the upcoming years | |
| 4 Less Group currently holds 115.9 K in liabilities. 4 Less Group has a current ratio of 0.05, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist 4 Less until it has trouble settling it off, either with new capital or with free cash flow. So, 4 Less' 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 4 Less Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for FLES to invest in growth at high rates of return. When we think about 4 Less' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 11.02 M. Net Loss for the year was (8.07 M) with profit before overhead, payroll, taxes, and interest of 1.55 M. | |
| 4 Less Group currently holds about 145.47 K in cash with (6.34 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 41.0% of the company shares are held by company insiders |
Additional Tools for FLES Pink Sheet Analysis
When running 4 Less' price analysis, check to measure 4 Less' 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 4 Less is operating at the current time. Most of 4 Less' value examination focuses on studying past and present price action to predict the probability of 4 Less' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 4 Less' price. Additionally, you may evaluate how the addition of 4 Less to your portfolios can decrease your overall portfolio volatility.