Flyht Aerospace Solutions Stock Probability of Future Stock Price Finishing Over 0.3168
| FLY Stock | CAD 0.33 0.01 2.94% |
FLYHT |
FLYHT Aerospace Target Price Odds to finish over 0.3168
The tendency of FLYHT 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 stay above C$ 0.32 in 90 days |
| 0.33 | 90 days | 0.32 | about 20.3 |
Based on a normal probability distribution, the odds of FLYHT Aerospace to stay above C$ 0.32 in 90 days from now is about 20.3 (This FLYHT Aerospace Solutions probability density function shows the probability of FLYHT Stock to fall within a particular range of prices over 90 days) . Probability of FLYHT Aerospace Solutions price to stay between C$ 0.32 and its current price of C$0.33 at the end of the 90-day period is under 4.
Assuming the 90 days horizon FLYHT Aerospace Solutions has a beta of -1.25. This usually indicates as returns on its benchmark rise, returns on holding FLYHT Aerospace Solutions are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, FLYHT Aerospace is expected to outperform its benchmark. Additionally FLYHT Aerospace Solutions has an alpha of 0.7053, implying that it can generate a 0.71 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). FLYHT Aerospace Price Density |
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Predictive Modules for FLYHT Aerospace
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FLYHT Aerospace Solutions. 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.FLYHT Aerospace Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. FLYHT Aerospace is not an exception. The market had few large corrections towards the FLYHT Aerospace'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 FLYHT Aerospace Solutions, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of FLYHT Aerospace within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.71 | |
β | Beta against Dow Jones | -1.25 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | 0.05 |
FLYHT Aerospace 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 FLYHT Aerospace for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for FLYHT Aerospace Solutions can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| FLYHT Aerospace is way too risky over 90 days horizon | |
| FLYHT Aerospace has some characteristics of a very speculative penny stock | |
| FLYHT Aerospace appears to be risky and price may revert if volatility continues | |
| FLYHT Aerospace has high likelihood to experience some financial distress in the next 2 years | |
| FLYHT Aerospace has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 20.14 M. Net Loss for the year was (4.05 M) with profit before overhead, payroll, taxes, and interest of 6.85 M. | |
| Latest headline from news.google.com: FLYLF 3-Year FCF Growth Rate -5.30 percent - GuruFocus.com |
FLYHT Aerospace 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 FLYHT Stock often depends not only on the future outlook of the current and potential FLYHT Aerospace'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. FLYHT Aerospace's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 38.9 M | |
| Cash And Short Term Investments | 2 M |
FLYHT Aerospace Technical Analysis
FLYHT Aerospace's future price can be derived by breaking down and analyzing its technical indicators over time. FLYHT Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of FLYHT Aerospace Solutions. In general, you should focus on analyzing FLYHT Stock price patterns and their correlations with different microeconomic environments and drivers.
FLYHT Aerospace Predictive Forecast Models
FLYHT Aerospace's time-series forecasting models is one of many FLYHT Aerospace'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 FLYHT Aerospace'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 FLYHT Aerospace Solutions
Checking the ongoing alerts about FLYHT Aerospace for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for FLYHT Aerospace Solutions help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| FLYHT Aerospace is way too risky over 90 days horizon | |
| FLYHT Aerospace has some characteristics of a very speculative penny stock | |
| FLYHT Aerospace appears to be risky and price may revert if volatility continues | |
| FLYHT Aerospace has high likelihood to experience some financial distress in the next 2 years | |
| FLYHT Aerospace has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 20.14 M. Net Loss for the year was (4.05 M) with profit before overhead, payroll, taxes, and interest of 6.85 M. | |
| Latest headline from news.google.com: FLYLF 3-Year FCF Growth Rate -5.30 percent - GuruFocus.com |
Additional Tools for FLYHT Stock Analysis
When running FLYHT Aerospace's price analysis, check to measure FLYHT Aerospace'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 FLYHT Aerospace is operating at the current time. Most of FLYHT Aerospace's value examination focuses on studying past and present price action to predict the probability of FLYHT Aerospace's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FLYHT Aerospace's price. Additionally, you may evaluate how the addition of FLYHT Aerospace to your portfolios can decrease your overall portfolio volatility.